We know that Black businesses are underrepresented in the business world; however, the number of Black-owned businesses in the US has spiked, according to a study by LendingTree. The study also found that Black-owned businesses are more likely to be led by women. While women run one-fifth (22.3%) of all US businesses, they lead two-fifths (39.1%) of Black-owned businesses—nearly twice the national average. Additionally, it found that Atlanta is the hub for Black-owned businesses for the third year running. The percentage of Black businesses is growing in the US. The
DEI is the buzzword in America as more companies continue to scale back on their DEI policies. Big retailers and companies started announcing their removal of DEI last year. However, Trump’s revoking a six-decade-old executive order that prohibited workplace discrimination by federal contractors has further impacted companies’ stances on DEI. But how much impact have these initiatives had on diversity in the workplace? According to a Wall Street Journal analysis, not that much. The Wall Street Journal examined 13 million workers at S&P 500 companies and found that DEI efforts haven’t significantly
The fourth annual Fifteen Percent Pledge gala has raised $3 million for Black-owned businesses amid a growing trend of companies scaling back their DEI efforts. On Saturday, 1st February, the Los Angeles-based event was filled with A-list celebrities like Ciara, Kim Kardashian, Kelly Rowland, Teyana Taylor, Jesse Williams, and Keke Palmer. All proceeds from the activation ticket sales go to businesses affected by the recent LA wildfires. “We are nobody’s DEI hire,” said the founder, Aurora James, according to WWD. “This country, in its best form, is a product of
Silicon Valley venture capital firm Andreessen Horowitz (a16z) has hired Daniel Penny, the former Marine who made national headlines following the killing of Jordan Neely, a 30-year-old homeless Black man, on a New York subway. The news was first reported by The Free Press. Penny was acquitted of criminally negligent homicide in December 2024. Although he has no prior investment experience, Andreessen Horowitz plans to train him for his new role. Jordan Neely’s Death Jordan Neely was known for being a Michael Jackson impersonator who performed in Times Square. During
Detroit-based rapper Dank Demoss is suing Lyft after a driver allegedly denied her request for a ride due to her weight. Demoss, also known as Dajua Blanding, shared a video of the driver refusing to let her into the Mercedes-Benz. Demoss called Lyft so she could be dropped off at her cousin’s house to watch a football game. She alleged that the Lyft driver locked his doors and tried to drive away when he saw her. After she stopped him and asked if there was a problem, the driver allegedly
This week on Techish, Abadesi sits down with Alphonso David, a Human Rights and civil rights lawyer and advocate, to talk about his work as President and CEO of the Global Black Economic Forum. They dive into breaking down barriers for marginalized communities, why diversity, equity, and inclusion actually matters, and the need for real investment in Black and Brown businesses. Alphonso also shares the secret to his perseverance and what we can learn from the past to drive change today. Chapters00:00 Breaking Down Barriers for Marginalized Communities03:20 Why Diversity,
It’s February, which means it’s finally Black History Month. It’s a time when Black people reflect on the triumphs, victories, and achievements Black people have made in the country. While it’s essential to look back at what Black people have overcome, it’s also important to acknowledge the history Black people are making today. Black innovators are shaping the future in every industry, and the tech world is no exception. Here, we spotlight eight Black-owned tech startups that are driving change, creating opportunities, and making a real impact in Black communities.
Sisters Network® Inc. (SNI), the only national African American breast cancer survivorship organization, is set to relaunch its Teens4Pink® program with a new mobile app, according to a press release. The app aims to inform and empower teenage girls between the ages of 12 and 17 about how they can change the way families approach and think about breast cancer. Karen E. Jackson, 31, is a four-time breast cancer survivor and founded Sisters Network Inc. in 1994. Jackson says, “The relaunch of Teens4Pink marks an exciting step forward in engaging the
Geek Ventures is raising a second fund, as stated in a recent SEC filing, according to TechCrunch. The New York-based tech venture fund is the brainchild of Ihar Mahaniok, an engineer with over 20 years of experience in building code and machine learning. The second fund has raised $9 million so far but has no set target amount; its first sale was recorded on Monday, January 13, as stated in the filing. Helping immigrants in the tech industry Mahaniok grew up in Belarus, where he did an undergraduate in computer
In this Techish episode, hosts Abadesi and Michael chat about tech’s latest spite-fueled innovation, the buzz around the inauguration and crypto ball, and what Trump’s second presidency could mean for the intersection of tech and politics. And, of course, they tackle the big question on everyone’s mind: why is dating such a mess these days? Chapters 00:40 Gas Founder Creates App To Spite Snapchat04:00 Tech Giants at the Inauguration08:52 Rappers Perform at the Trump Crypto Party12:50 Meme Coins Are a Scam14:25 TikTok’s Future: Sale or Ban?19:33 Doomed To Reschedule Hinge
