Wells Fargo has announced that Darlene Goins is the new president of the Wells Fargo Foundation and head of Philanthropy and Community Impact. Wells Fargo is a leading financial services company with approximately $1.9 trillion in assets, serving one in three US households and more than 10% of small businesses. Goins’ Previous Expertise Previously, Goins was head of Diverse Customer Segments within Wells Fargo’s Consumer, Small, and Business Banking. Her role was leveraging customer feedback, analytics, and insights to meet the needs of diverse customers. Goins also led the company’s
Businessman Ted Lucas went from creating millionaires in the music business to creating the Technolij Innovation Center at one of Florida’s Historically Black College and Universities (HBCU). Meet Ted Lucas Lucas founded the independent music label Slip-N-Slide Records. He told AFROTECH he knew how to seek talent and people before they saw it in themselves. “I wanted to be the one behind getting the deals and getting the deals done. So, I found my niche, how I work, and what works best for me to be in the music business,” he said.
DigitalHealth.London has launched their Leap program dedicated to championing inclusivity and supporting founders from diverse backgrounds in digital health. Digital Health uses information and communications technologies in medicine and other health progressions to manage illnesses and health risks. According to a report from The Treasury Committee in 2021, less than 2% of all venture capital funding went to Black and ethnic minority-led businesses. The DigitalHealth.London aims to sustain and expand an active digital health market in London by helping to overcome challenges that hold innovators back. Therefore, the program is open to founders from
California Launches Groundbreaking Ebony Alert System To Address Disparities In Missing Black Youths
The Ebony Alert system, created to identify missing Black youths, has launched in California, with other states to follow. Governor Gavin Newsom signed SB 673 – Senator Steven Bradford’s “Ebony Alert” legislation – in September 2023. The law makes California the first state to create an alert notification system addressing the crisis of missing Black children. The technology behind broadcast and mobile alerts has been around for decades, but it’s largely failed to address a minority of the population that the signs are intended to help. “It came about by
Several celebrities, including Quavo, Lil Wayne, Alberto Pujols, and Robert Griffin III, have invested in the Proto platform and its hologram device. Proto delivers a lifelike holographic experience, so viewers see, hear, and interact with others anywhere in the world. It’s the world’s first holographic communications platform with an end-to-end system for creating, managing, delivering, and playback interactive hologram content. Proto Hologram Proto is best known for being the Los Angeles-based provider of a patented hologram device. It is a platform that makes holoportation a reality in enterprise, entertainment, education,
Black-owned startup Robin AI has raised $26 million in new funding for its next growth and global expansion phase. RobinAI The AI-driven contract editor is the brainchild of former Clifford Chance lawyer Richard Robinson and former machine learning research scientist James Clough. Founded in 2019, Robin AI uses generative AI to automate and speed up the process of drafting and negotiating contracts and extracting information from across entire contract repositories through simple search. The startup trained its machine learning model on data from 4.5 million legal documents with input from in-house lawyers to create
The StoryGraph, a Black woman-owned cataloging web platform for books, took to X, formerly Twitter, announcing they have had to take their platform offline to upgrade its servers. The StoryGraph The StoryGraph, founded by Nadia Odunayo, is a competitor of Amazon-owned social cataloging platform Goodreads as it uses a freemium model, with some features only available in a subscription plan. Founded in 2019, StoryGraph was initially a side project for tracking books. After studying at Oxford University, Odunayo went into the world of software engineering but, in 2019, decided to work
Claudine Gay, Havard University’s first Black president, has resigned following allegations of plagiarism and criticism over her comments about antisemitism on campus. Gay released a letter announcing her resignation, saying it was in the university’s best interests for her to go. “It has been distressing to have doubt cast on my commitments to confronting hate and to upholding scholarly rigor,” she said. “This is not a decision I came to easily. Indeed, it has been difficult beyond words.” She said she had been subjected to personal threats and racial animus. Anti-semitism comments
After making pledges following the murder of George Floyd in 2020, companies such as Google have cut back on Diversity, Equity, and Inclusion (DEI) initiatives and hiring. Following Floyd’s murder in 2020, companies set pledges to prioritize DEI. Between June and August 2020, there was a 55% increase in corporate DEI roles, and leading corporations pledged $12.3 billion to fight racism. Google, in particular, aimed to improve the representation of underrepresented groups in leadership by 30% by 2025 and address representation issues in hiring, retention, and promotions. Over the last year, however,
To commemorate the 30th anniversary of The Notorious B.I.G.’s debut single “Juicy”, Warner Music Group (WMG) has collaborated with The Sandbox, a leading decentralized gaming virtual world. Together, they are bringing the iconic hip-hop artist to life in today’s virtual world through the Metaverse experience “Breakin’ B.I.G.” as a nod to the beloved side-scrolling games of the 1990s. Breakin’ B.I.G. Notorious B.I.G. released his debut album “Ready to Die” 30 years ago, which featured the song Juicy, selling 6 million copies and is widely regarded as one of the greatest
