Latinas face the steepest drop in representation as they climb the corporate ladder, according to Lean In’s first-ever report on the state of Latinas in corporate America. Despite Latinas accounting for nearly 1 in 10 people in the US, they hold less than 1 in 20 entry-level corporate jobs and only 1 in 100 C-suite positions. Disparities in Advancement and Pay In 2023, white men’s representation increased by nearly two-thirds (64%) from entry-level to C-suite positions, while Latinas’ representation decreased by over three-quarters (78%). Latinas also experience the largest pay
Fearless Fund’s co-founder, Ayana Parsons, has stepped down from her role as chief operating officer after five years against the venture capital firm. Parson stated that her resignation is unrelated to the ongoing lawsuit from Edward Blum’s conservative group. Fearless Fund Co-Founder Steps Down Parson, who co-founded the organization with Arian Simone and Keisha Knight Pulliam in 2019, served as the fund’s chief operating officer for nearly five years. In an official press release, Parson, who is also the co-founder of Yardstick, announced that she would be stepping down to
Morehouse College is launching what is reportedly the world’s first fully spacial AI teaching assistants (TAs). After launching their Metaversity in 2021, Morehouse is taking the next step in technology-based learning. AI Teaching Assistants Muhsinah Morris, a senior assistant professor in education and metaversity director at Morehouse, pioneered the technology in Spring 2021 with faculty assistance. She will now teach a class this fall with a spatial 3D AI TA. Students can expect to receive support from the AI TAs, who will manage assessments and office hours, ensure 24/7 access,
Record labels including Sony Music Entertainment, Universal Music Group, and Warner Records are suing AI song-generators Suno and Udio for ‘mass copyright infringement’. The lawsuits allege that the music startups are exploiting the works of artists including Chuck Berry, Billie Holiday, and Michael Jackson. What Does Suno And Udio Do? Suno and Udio have garnered attention over the last few months for their music-generation capabilities. The platforms allow users to create complete songs using a single-word prompt, and most recently, they added new updates enabling you to upload your audio
Jackie Aina, renowned beauty influencer and co-founder of FORVR Mood, has announced a new partnership with Canadian whiskey company Crown Royal. In addition to the release of a limited-edition candle, the partnership will see $50,000 donated to Black Girl Ventures Foundation, supporting underrepresented women founders. Supporting Black Girl Ventures Founded by serial entrepreneur Shelly Bell in 2016, Black Girl Ventures (BGV) aims to empower underrepresented and underfunded small businesses by providing access to capital, community, and capacity-building resources. Aina’s partnership with Crown Royal is rooted in support of the nonprofit,
Goldman Sachs is standing firm in its commitment to support Black women through its One Million Black Women initiative as it expands its Black in Business program, according to The Guardian. Launched in 2021, the One Million Black Women initiative pledges $10 billion in investments and $100 million in philanthropic funding over a decade to address racial and gender inequality. Doubling Down On Black In Business Program This fall, Goldman Sachs is expanding its Black in Business education program, doubling the number of entrepreneuers it accepts. The Black in Business
This year, on Juneteenth, angel investing group Untapped Investing announced its launch to support Black and underrepresented founders. Founded by Mica Eades Mayo, Attica Alexis Jacques, and Felicia Mayo, Untapped Investing aims to create lasting change through purpose-driven ventures. Empowering Underrepresented Founders By investing in Black and underrepresented founders, Untapped Investing aims to generate opportunities that lead to generational wealth and sustainable growth. This collective effort will reshape the venture capital landscape, ensuring that visionary founders, historically overlooked, receive the support they need to thrive, they wrote on LinkedIn. Untapped
UC Davis Health’s new telehealth program aims to address disparities in postpartum care for Black patients and improve maternal outcomes. Bridging the Gap in Postpartum Care Black patients at UC Davis Health and across the nation face significant disparities in postpartum care. These inequities, particularly during the six-week period after birth, contribute to an increased risk of complications and even death for Black people who give birth. To tackle this issue, UC Davis Health has launched a new telehealth program aimed at reducing these disparities and improving maternal outcomes for
This Juneteenth, we want to celebrate some Black founders who have set out to uplift and support their communities. Commemorating Juneteenth Juneteenth commemorates June 19, 1865, the day more than 250,000 enslaved Black people in Galveston, Texas, finally learned that slavery had been abolished – two and a half years after the signing of the Emancipation Proclamation. The first Juneteenth was observed in 1866 and has been celebrated by Black Americans ever since. It is often referred to as the country’s second independence day and became an official federal holiday
Terysa Ridgeway, a Tech Program Manager at Google and author of the “Terysa Solves It” book series has launched a new YouTube series aimed at introducing young children to the world of coding. Ridgeway actively engages in educational programs focusing on Science, Technology, Engineering, and Mathematics (STEM). She recently authored a children’s book, “Think Like A Computer,” and created a toy robot, Alilo the Explorer, designed to teach coding to children as young as three. Ridgeway’s new YouTube series continues her commitment to making coding accessible and fun for the
