Online resource business Hello Alice is the latest company to be named in a lawsuit for allegedly discriminating against business owners based on race. A class action lawsuit alleges the company’s partnership with Progressive Insurance Company, which offered $25,000 grants to 10 Black-owned small businesses, violates civil rights. Hello Alice and Progressive Partnership Hello Alice, founded by Carolyn Rodz and Elizabeth Gore in 2017, is a digital platform helping small businesses launch and grow through access to capital. They partner with corporations looking to reach and support new entrepreneurs through
A recent panel discussion hosted by the Institute of Economic Affairs and the TaxPayers’ Alliance in the UK shed light on a stark lack of diversity in the industry. The panel, consisting of six white men, four of whom were named Matthew, ignited online conversations about the whiteness and maleness of journalism. Tech journalist Dominic-Madori Davis remarked, “If it is easier to find four men named Matthew than at least one woman in your network, you gotta diversify asap.” This sentiment was echoed by Theo Priestley, an author and technology
A Latina-founded nonprofit, AIandYou, has launched a campaign to prepare young people of color and women against possible AI-generated misinformation leading up to the 2024 presidential election. AIandYou AIandYou was founded in 2019 to educate marginalized communities about artificial intelligence (AI) to help end users understand how AI impacts their daily lives. The nonprofit encourages communities to understand AI’s potential and pitfalls, providing online resources in easy-to-understand languages. Founder and CEO Susan Gonzales has years of experience in tech and policy and serves on the National AI Advisory Committee, advising
Laphonza Butler has been sworn in to fill the Senate seat of the late Sen. Dianne Feinstein, who passed away last week at age 90. California Gov. Gavin Newsom had selected Laphonza Butler to succeed Feinstein, the longest-serving female senator in history. Butler, the former president of EMILY’s List, is known for her work as a union leader but was also a director at Airbnb and advised Uber during its conflict over workers’ rights. A historic appointment Butler is now the third female Black senator in US history. She is also
Toni Townes-Whitley officially became CEO of Science Applications International Corp (SAIC) yesterday, making her one of two Black women currently running a Fortune 500 company. SAIC provides engineering, digital, artificial intelligence and mission solutions across the defence, space, civilian and intelligence markets. In May, the company announced Townes-Whitley would take over from Nazzic Keene, who decided to retire Townes-Whitley joined SAIC on June 12 to ensure a seamless transition as CEO-elect. Keene has become Special Executive Advisor to Townes-Whitley and the company until February 2024. Toni Townes-Whitley – The CEO
October marks Black History Month in the UK, an occasion to recognize and celebrate the contributions of Black people to British society. Black people from African and Caribbean communities have been integral to British history and society for centuries. The UK Black History Month 2023 theme is “Saluting our Sisters”, highlighting Black women’s crucial role in shaping history, inspiring change and building communities. CIO reported that just 0.7% of Black women in the UK work in the IT industry, compared to 1.8% across the UK’s entire workforce. They also found
Corner is a new social media app that turns your memories into recommendations you can share with friends with a personalized social map. The brainchild of Eliza Wu and Jake Xia, Corner aims to move away from the negativity and complaints of traditional review platforms and focus on sharing memorable experiences. Meet the co-founders Wu has an impressive background with a Bachelor’s Degree from the University of Southern California and worked as an Investment Intern during her time there. She became an investment associate at JPMorgan for two years before
A federal court has temporarily blocked Fearless Fund’s grant program for Black women entrepreneurs amid an ongoing lawsuit by the American Alliance for Equal Rights. The decision reverses last week’s ruling by US District Judge Thomas V. Thrash, ultimately denying the conservative group’s allegation that the program was racially discriminatory. The Lawsuit Against Fearless Fund Fearless Fund invests in women of color-led businesses seeking pre-seed, seed level or series A financing. The American Alliance for Equal Rights, founded by Edward Blum, brought a lawsuit against Fearless Fund in August 2023.
Latine communities start more businesses per capita than any other racial group in the United States. Latine or Hispanic-owned businesses also contribute over $800 billion annually to the nation’s economy. However, they often face challenges accessing the capital, resources, and support needed for the businesses to thrive. For example, in 2022, Latine and Hispanic founders received just 1.5% of venture capital funding, a drop from 2.5% the previous year. So, this Hispanic Heritage Month, we have compiled a list of resources to empower Latine tech founders nationwide! Resources For Tech Founders SoftBank
Digital Currency Group (DCG) has announced that Professor Tonya Evans, a blockchain and digital assets expert, is joining its Board of Directors. DCG, founded in 2015 by Barry Silbert, is a venture capital company focused on the digital currency market that builds and supports bitcoin and blockchain companies. With investments in over 200 companies in 35 different countries, its mission is to accelerate the development of a better financial system. Meet Prof Tonya Evans Evans is a global leader and academic with over 20 years of experience in law, technology,
