In celebration of the 50th anniversary of the Equal Credit Opportunity Act (ECOA), SoFi has launched the Give Her Credit campaign. The digital financial services platform has teamed up with tennis icon Venus Williams and Los Angeles Sparks forward Cameron Brink to spotlight progress in women’s financial rights and inspire ongoing change. The campaign will provide $500,000 in grants, distributing $10,000 each to 50 selected individuals or groups to boost projects promoting women’s financial independence. 50 years of the Equal Credit Opportunity Act Passed in 1974, the ECOA marked a
A deepfake video portraying Rev. Martin Luther King Jr. endorsing former president Donald Trump has drawn widespread criticism, particularly from King’s daughter, Bernice King. Posted on Sunday night by the pro-Trump X account “MAGA Resource,” the AI-generated video falsely shows King urging Black Americans to support Trump, claiming he did “more for the Black community than any other president.” By late Monday, the controversial clip had gained over 10 million views, sparking outrage. Bernice King Denounces Deepfake as “Vile” Bernice King took to X on Monday, condemning the video as
Former NASA aerospace engineer and future Blue Origin astronaut Aisha Bowe has raised $2.5 million for LINGO, her EdTech company focused on enhancing STEM education. This funding round, led by Pinnacle Private Ventures LLC, is a step towards a venture capital aimed at supporting women and minority-led startups. Expanding Access to STEM Education LINGO offers project-based coding kits and curricula designed for students aged 13 and up, covering subjects such as artificial intelligence, space systems, and environmental monitoring. The funding will enable LINGO to expand its reach, scaling programs that
BBG Ventures, the New York-based venture capital firm known for supporting female founders, has raised a new $60 million fund. Co-founders Susan Lyne and Nisha Dua, who launched BBG Ventures in 2014 with a vision of investing in women-led startups, announced that the fund’s focus now includes founders from diverse backgrounds across race, income, and age. Meeting Market Needs in a Challenging Economy Amid a significant decline in venture funding for underrepresented groups, BBG Ventures’ decision to diversify its founder support comes at a critical time. In the first half
Female Founders Fund (FFF), an early-stage investment firm focused on female-founded startups, has successfully returned its first fund, a $5.85 million investment launched in 2014. This milestone positions FFF as one of the few diversity-focused funds to achieve full returns on an inaugural fund. FFF’s Early Vision Yields Strong Returns Founded by Anu Duggal, Female Founders Fund’s initial mission was clear: support female founders at a time when few investors prioritized women-led businesses. FFF’s portfolio includes investments in now-prominent companies like Maven, a healthcare unicorn focused on women’s and family
Three-time Grammy Award winner Megan Thee Stallion is suing YouTuber and social media personality Milagro Gramz, alleging cyberbullying and false claims surrounding the high-profile shooting case involving Megan and rapper Tory Lanez. According to Billboard, the lawsuit, filed by Megan’s legal team on Wednesday, accuses Gramz of being a “mouthpiece and puppet” for Lanez. Megan’s legal counsel, the firm Quinn Emanuel, is demanding an end to what they call a “campaign of harassment.” Accusations of Spreading Misinformation and Invasion of Privacy According to the lawsuit, Gramz, whose real name is
Kendall Hamilton, a highly ranked Rocket League player, and his mother, Dr. Gigi, are leading an initiative that has supported young Black gamers in securing over $150,000 in Name, Image, and Likeness (NIL) deals. Together, they founded Game Changer Academy, an organization dedicated to helping young Black gamers use their skills for financial and professional growth. Game Changer Academy: Turning Gaming Skills Into Opportunities Game Changer Academy emerged from Kendall Hamilton’s own journey in competitive gaming according to a press release. Initially, his mother, Dr. Gigi—a licensed psychotherapist and organizational
Thousands of creatives, including figures like author Malorie Blackman, a British author who is famous for her award winning Noughts & Crosses series, actresses Rosario Dawson and Liza Colón-Zayas and Suits actor, Wendell Pierce have united to oppose the use of their artistic works for training AI systems without permission. The statement, signed by over 11,500 artists, musicians, authors, and actors, calls for stronger protections against the unauthorized use of copyrighted content by AI developers. Signatories also include major record labels—Universal Music Group, Sony Music Entertainment, and Warner Music Group—along
Microsoft is struggling to retain its diverse workforce, with increasing numbers of women, Black, and Latine employees departing the company. According to Microsoft’s latest diversity and inclusion report, female employees accounted for 32.7% of all exits globally in the fiscal year ending June 30, 2024, up from 31% the previous year. In the US, Black and Latine employees also saw significant increases in departures, with Black employees making up 10% of exits (up from 8.7%) and Latinx employees comprising 9.8% of exits (up from 8%). Poaching and Business Shifts Cited
Issa Rae has announced a new collaboration between ColorCreative, her management company, and the streaming platform Tubi. Together, they’ve launched “Stubios,” an initiative aimed at supporting up-and-coming creators by providing a direct path into the entertainment industry. This partnership offers five creative teams the chance to develop their debut projects, which will premiere on Tubi, with full funding provided by the platform. A Platform for Emerging Talent ColorCreative, co-founded by Issa Rae and led by CEO Talitha Watkins, is committed to amplifying underrepresented voices, according to their website. Through the
