Prioritizing affordability, inclusivity, and leveraging technology, Black-owned insurance tech unicorn Marshmallow is challenging traditional insurance practices and extends coverage to underserved communities. Now, Marshmallow has landed a £15 million 3-year revolving credit facility from Triple Point Private Credit, one of the largest non-bank lenders in the UK, to expand its product offerings. “[We] are excited to be working with a management team that have successfully launched and scaled an insurance business so impressively,” said Triple Point’s Head of Structured Finance, Gavin Maitland Smith, per Tech Funding News. “More importantly, their
A Kenyan court has ruled that Meta is the primary employer of content moderators involved in a lawsuit against the social media giant and is prohibited from laying them off until the case is resolved. In March, the moderators, who worked for Meta’s content review partner, Sama, filed a lawsuit accusing Meta, Sama and a second subcontractor, Majorel, of union-busting operation masquerading as a mass redundancy. Meta sought to dismiss the case, arguing that it was outside the jurisdiction of Kenyan courts. However, the court rejected Meta’s claim and asserted its
Cornerstone VC has completed a pre-seed investment into Storia, the guided journaling app created by five-times bestselling author Elizabeth Uviebinené, to help people unleash their inner voice. The Power of storytelling Elizabeth Uviebinené, known for her bestselling book “Slay in Your Lane,” co-authored with Yomi Adegoke, has been at the forefront of literature catered to young Black women. Inspired by the impact storytelling had on her own life, Uviebinené developed the idea of Storia to help people uncover the stories that shape their lives. The journaling app combines AI-guided prompts,
Sam Altman, co-founder and CEO of OpenAI, recently visited Lagos, Nigeria, as part of his global tour to promote AI adoption and understand diverse perspectives. However, concerns have been raised about the exploitation of Kenyan content moderators and the impact of OpenAI’s technology on marginalized communities. Nigeria: Africa’s biggest OpenAI adopter Over the weekend, Altman took part in a two-day exclusive event at Muson Centre, Lagos, Nigeria. “Nigeria, among all of the countries on the continent, I believe has been the biggest adopter of our technologies,” Technext reports Altman told
Following Rihanna’s iconic Super Bowl LVII halftime performance, anotherblock‘s non-fungible token (NFT) collection of the track sold out in minutes. Now, the Stockholm-based web3 music startup has secured €4 million ($4.3 million) in funding to continue its work of redefining music ownership. Achieving triple platinum status upon its release, BBHMM gained new virality after Rihanna performed the track at the Super Bowl LVII halftime show. Jamil “Deputy” Pierre, a co-producer on Rihanna’s BBHMM, linked up with anotherblock to sell 0.99% of his streaming royalty rights to the song as 300 NFTs
As a Black medical student, Malone Mukwende was only taught to recognize clinical signs of disease on white skin. But many diseases look different on darker skin tones, leading to misdiagnosis, poor treatment, and even death. As a result, Mukwende launched BlackandBrownSkin. Through innovative tools like the Mind the Gap handbook, the Hutano app, and, most recently, the “Diagnosing Skin of Colour” digital quiz, Mukwende is revolutionizing care for Black and Brown patients. Red rashes, pale skin, blue lips “On arrival at medical school, I noticed a lack of teaching
Shepherd is the “world’s first Bible app that recommends verses based on your needs.” The Bible is the most widely read book in the world, but increasingly, Christians are opting for app-versions over the physical book. As YouVersion’s Bible App reaches the colossal milestone of 100 million downloads—joining major brands like Instagram, Facebook, and Twitter—one Black-owned Bible app is growing in popularity. “It’s more like having a daily chat with a good friend, a friend who always knows the best part of the Bible to share with you.” Samuel Abaka-Wood, Shepherd founder Introducing Shepherd Shepherd,
Over thirty years ago, Guinean brothers Ibrahima and Abdoulaye Barry created ADLaM, new alphabet for the Pulaar language of the Fulani people of West Africa. Now, Microsoft 365 has integrated the redesigned alphabet into its global platforms, helping to preserve the language for years to come. Disappearing languages Every three months, a language becomes extinct. happens every three months. As much as 90% of the world’s 6,500 languages are expected to disappear by the end of the century. Although over 40 million people speak it, for most of its history,
In a watershed moment for the global tech industry, more than 150 African content moderators—who have provided moderation services for AI tools used by Facebook, TikTok, and ChatGPT—have voted to unionize, TIME reports. At an event in Nairobi this week, content moderators employed by third-party outsourcing companies voted to establish the first African Content Moderators Union. A long time coming The union’s establishment is the culmination of a process that began in 2019 when former Facebook content moderator Daniel Motaung was fired after attempting to unionize workers at the outsourcing
The errors and cultural blind spots introduced by machine translation can lead to confusion and rejected asylum claims, Rest of the World has found. Rise in demand for translators In 2021, the Taliban returned to power in Afghanistan, displacing million of Afghans. As Afghan refugees seek asylum around the world, there is a growing demand for translators. Some translation providers have turned to machine learning models to cut costs and save time, but refugee advocates say this risks introducing error into asylum claims. AI translation models are more accurate for
