A Latino Corporate Directors Association (LCDA) report has revealed a lack of Latinx representation on giant company boards. Lack of representation on company boards According to the LCDA, Latino directors are missing from 47% of Fortune 100, 59% of Fortune 500, and 65% of Fortune 1000 boards. This means companies seriously lack Latino/Hispanic representatives on a higher level. Despite Latinx people making up the second largest US population, with a total of 62.1 million, there has been no change in Fortune 100 companies adopting more diverse practices by having Hispanic/Latino representation on their
Twitter has appointed Bukky Ojeifo as its new global head of culture and community following the departure of God-is Rivera, who previously held the position. In her new role, the Nigerian-American marketing expert will continue to carry the company’s mission of serving diverse voices who contribute to the public conversation on the platform. Before her new role, Ojeifo was the firm’s senior manager, global culture, and community. Her main role at the time? She guided how Twitter amplifies and engages with the underrepresented communities that use the service. Speaking to
Six months after Aziz Hasan stepped down from his chief executive role, Kickstarter has announced Everette Taylor as their new Chief Executive Officer. Taylor will take over from COO Sean Leow, who stepped up as interim CEO after Hasan announced he would be stepping down from his role after three years. Kickstarter, founded in 2009 by Perry Chen, is a crowdfunding platform that helps bring creative projects to life by directly connecting them with their communities. Over 21 million people have supported fund projects through the Kickstarter platform. “I am
As Africa’s tech ecosystem grows, the demand for talent is soaring. For young Africans, digital skills have become ever-more important and attractive. In 2021, according to the Africa Developer Ecosystem Report (pdf), Africa’s developer community grew by 3.8%, bringing the total number of developers on the continent to 716,000. The average local developer in Africa is seven years younger than their global counterpart and has up to three years of experience. The pandemic drove increased adoption of remote work around the world, leading to international companies recruiting African developers at
Timothy Armoo sold his influencer business Fanbytes to global digital marketing agency Brainlabs for an undisclosed eight-figure sum. He’s done what every aspiring business owner hopes to do – all at 27. We previously interviewed Timothy Armoo on the Techish podcast. Speaking to Sifted EU, Armoo, whose startup connects social media influencers with big brands for promotion work, says the acquisition is like a marriage. “You’re merging two companies, cultures and sets of people together, so you want it to be the right fit. Start “dating” partners while you’re still building
VC firm, Kapor Capital, announced that it officially raised $125 million in a pre-seed funding round. The new fund, the platform’s largest to date, has been backed by partners including Cambridge Associates, Align Impact, Ford Foundation, Bank of America, PayPal, and Twilio. The new funding, which has been ongoing since last year, was raised by the company’s managing partners, Uriridiakoghene “Ulili” Onovakpuri and Brian Dixon, as part of Kapor Capital’s new leadership. The Oakland-based venture capital firm founded in 2011 by Mitch Kapor and Freada Kapor has actively worked to bridge
Kuda, a digital bank based in Nigeria and the U.K., has confirmed via email to media that it has laid off less than 5% of its 450-strong workforce, equivalent to about 23 people. There have been other startups, especially those that have raised vast sums of venture capital within the last year or two, that have laid off hundreds of staff; for instance, Swvl laid off 400 people; Wave, approximately 300; 54gene, 95; and Vezeeta, 50. The layoffs come a year after Kuda, which provides zero to minimal fees on cards, account maintenance and transfers,
Some of the people working diligently behind the scenes to develop thought-provoking media coverage and memorable experiences are publicists or public relations (PR) professionals. They are the incredible minds that develop branding strategies, implement marketing ideas and help create experiences for clients’ customers, followers, and their own clients. Tech companies rely on a steady stream of public relations to introduce their products, explain new and emerging concepts, and act fast when crises strike. Here, we’ve made a list of leading tech’s rising PR stars bringing diverse stories to the forefront of the
Black women are 84% more likely to be abused on social media than white women, according to a 2018 Amnesty International study. By 2020, further research by Glitch, a UK charity committed to ending the abuse of women and marginalized people online, found that online abuse against women disproportionately impacts Black women, non-binary people, and women from minoritized communities, all of whom were more likely to feel like their complaints to social media companies were not adequately addressed. Black women in the public eye bear the brunt of online trolling. Seyi Akiwowo, the
On 13 July, coding school Holberton announced that it had agreed to be acquired by the African Leadership Group (ALG). It comes more than a year after Holberton managed to raise $20 million in a Series B funding round led by Redpoint Ventures. Daphni, Imaginable Futures, Pearson Ventures, Reach Capital, and Trinity Ventures also participated in the round, which brings Holberton’s total funding to $33 million. The original promise of Holberton was that it provided students — which it selects through a blind admissions process — with a well-rounded software development education akin to a college education for free.
