Rising TikTok star, Shermann “Dilla” Thomas (@6figga_dilla) has partnered with digital coupon company, Groupon, to celebrate and support National Black Business Month. The annual celebration of Black businesses every August began in 2014 and aims to help ease the strain that minority-owned businesses experience, from macroeconomic challenges such as inflation to workforce shortages. According to the U.S. Census Bureau, approximately two million companies are owned by BIPOC owners. Therefore, August is a time to show Black-owned businesses appreciation by encouraging individuals to shop, share and support their local Black businesses. Rising TikToker,
Black woman-owned sports tech platform PowerHandz has closed a “multimillion-dollar investment” with one of the world’s largest investment companies, Vanguard Holdings Group. In 2021, the company announced its merger with PH Innovation Holdings. The partnership enabled PowerHandz to feature some of its performance products and training content in the multi-sport training app’s live stream, reaching a more comprehensive range of youth, coaches, and parents worldwide. The platform received a multimillion-dollar capital injection from Vanguard Holdings Group a year later. Vanguard has also made a private tender offer to the tech
Instagram has launched a user survey in partnership with YouGov to understand better how people from different communities experience the app. The initiative, which highlights the company’s efforts to build a more “fair and equitable” platform, will prompt users to participate in an optional survey about their race and ethnicity. According to Instagram, information from the survey will help them better understand different communities’ experiences with the app. The survey will show up at the top of users’ feed and will lead directly to a YouGov survey. According to the
Black Professionals in Tech (BPTN) has officially made its debut in Zambia. The community network, which currently has more than 60,000 Black members worldwide, has created a global network for professionals working within North America and across countries worldwide. BPTN’s new network, which went live at the Bongo Hive Technology Lusaka earlier this week, connects large tech companies with Black tech professionals. It provides employment opportunities to members and offers mentorship and educational resources to help entrepreneurs develop long-standing, successful careers within the tech industry. The platform enables tech giants to hire
Is there anything Keke can’t do? Actress and entertainer, Keke Palmer, has officially become the host of Meta’s ‘Are We There Yet?’, a digital series that focuses on shining a light on the developments currently taking place within the Metaverse. According to the outlet, the new series will see the entertainer sit down with creators, educators, and experts “to find out where the metaverse stands now and what’s coming in the future.” In addition, this video series will showcase how the Metaverse can help “bring people together like never before.”
San Francisco-based fintech company, TomoCredit, has raised $122 million in funding and debt financing. The funding round was led by Morgan Stanley’s Next Level Fund and included Morgan Stanley’s Next Level Fund, MasterCard, and debt from Silicon Valley Bank. The funding will help the platform expand its credit product offerings to help support immigrants with no credit history in the US. TomoCredit, co-founded in 2018 by Kristy Kim and Dmitry Kashlev, is a fintech platform dedicated to providing the next generation with a credit card designed to help millennials boost
Tech giant, Microsoft, is venturing into the clothing industry in their latest collaboration with Black designer Gavin Mathieu. The “Hardwear” collection encapsulates a “normcore” aesthetic, which primarily focuses on inner, not outer, value. As a result, the capsule features a range of minimalistic graphic tees and MS jackets, pants, pullovers, and hats. The collection was shot in front of the company’s iconic grassy hill desktop background and embodied the nostalgic start-up sound and wallpaper many users grew to love in the platform’s early days. The clothing brand, launched in partnership
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
