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Black-owned digital platform, InterApp, has raised $1.2 million in its pre-seed funding round. The funding round was led by Columbia-based investment firm WP Capital Group, an organization that focuses on emerging technologies for consumer engagement.  InterApp Inc., co-founded in 2016 by CEO William Brown, is an image recognition app that aims to make augmented reality (AR) a necessary tool for consumers. Their work, specifically designed for graphic designers, transforms print into interactive AR experiences for consumers to enjoy. The platform transforms print packages and apparel graphics into augmented reality, ultimately transforming

They’ve been spat on, called racist names, harassed in grocery stores, and violently attacked. Since the emergence of COVID-19, some combination of misinformation, disinformation, and conspiracy theory has been weaponized to target people perceived to be Chinese. The violent consequences of online disinformation targeting Asian American and Pacific Islander communities demonstrate the power of the internet to stoke racial resentment. Misinformation, disinformation, and online hate speech have led to widespread violence in India, Myanmar, and Sri Lanka in the past several years.  Conspiracy theories targeting the AAPI community have caused upswells in hate crimes

On July 12, New York City Hall launched the first-ever Digital Games Industry Council to discuss supporting talent in that space. Participants included Deputy Mayor Maria Torres-Springer and several members of the mayor’s office.  The council came together to discuss how to expand the city’s digital games industry. The digital committee, designed to build a robust talent pipeline for talent in the digital games industry, aims to attract game development studios across five boroughs and help businesses operate and thrive in New York City.  The meeting occurred following the announcement

Universal Pictures’ “NOPE,” directed and written by Jordan Peele, is one of this year’s most anticipated movies, and it has expanded into virtual reality. The multi-verse VR experience, which has premiered ahead of the film’s release this July, allows viewers to take an adventure in a virtual reality video game based on the horror film.  Starring Daniel Kaluuya and Keke Palmer, the movie follows the story of two siblings residing in an isolated town that just witnessed a mysterious and abnormal event. In the most recent trailer, they discover that

Black Ambition, owned by world-renowned singer and producer Pharrell Williams, recently announced its $3 million investment in content curator platform Trend. The pre-seed funding round was led by venture capital firm Flybridge and included a range of investors, including Techstars Ventures, live-streaming service Twitch, famous anime brand Crunchyroll, and reviewer platform Rotten Tomatoes. The investment firm, Black Ambition, which was founded by Pharrell in 2020, is dedicated to supporting Black and Latinx business owners. The non-profit organization aims to bridge the gap to success for entrepreneurs of color working in

Senegal-based fintech startup, Wave, raises a syndicated loan of $91.5 million from International Finance Corporation (IFC), Blue Orchard, Symbiotics, responsAbility, and Lendable. Wave Mobile Money, founded by Drew Durbin and Lincoln Quirk in 2018, has quickly grown to become the largest mobile money remittance in Senegal. In 2021, the company closed the most extensive Series A round for an African fintech at $200 million. The digital fintech platform uses technology to build a radically inclusive and affordable financial network. As a result, Wave has built a life-changing economic infrastructure for

Social media giant Facebook is on a mission to create some of the most innovative forms of technology in society today. The platform recently announced the launch of its new AI translator, No Language Left Behind (NLLB-200), the first multilingual machine that can translate up to 200 languages without relying on English data.  The NLLB-200 aims to help people better connect in society today by eliminating the language barrier. Meta’s AI model uses one of the world’s fastest AI supercomputers and is already used to translate content on Facebook and Wikipedia.

Earlier this year, on February 13th, Sporting Lagos FC played its first-ever football match, which ended in a draw. The club, which currently plays in the Nigerian National League, the country’s second tier, is the brainchild of Shola Akinlade, co-founder and CEO of financial technology company Paystack, which he says was acquired for more than $200 million in 2020 by Irish American financial services company Stripe. Akinlade says he intends for Sporting Lagos to be a platform for community development and social change. But managing a football club in Nigeria is often

Instagram has partnered with Brooklyn Museum and writer Antwaun Sargent to debut this year’s #BlackVisionaries program. The initiative, designed to help invest in and support Black talent, will include a grant of $650,000. The support program, co-founded by the social media giant, writer Antwaun Sargent and the Brooklyn Museum in 2021, is designed to help uplift and champion underrepresented voices within the creative industry. Last year, five Black designers and Black-led small design businesses were awarded $205,000 in grants last year. The funding allowed each participant to pursue their biggest

The parents of two young girls are suing TikTok after the children, aged eight and nine years old, died attempting the “Blackout Challenge.” The families say the video-sharing platform’s “dangerous” algorithm is what led the children to an early death. The life-threatening challenge, which became popular over the past few weeks, encourages users to choke themselves until they pass out. Parents of Lalani Erika Renee Walton and Nylah Anderson say TikTok’s algorithm “intentionally” pushed videos of the dangerous trend onto the children’s For You page, which is why the young

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