UK Minister for Women and Equalities Liz Truss has launched a task force chaired by Anne Boden, CEO and founder of Starling Bank, focused on supporting women-owned businesses. Black entrepreneur and investment manager June Angelides MBE is part of the force. She is best known for starting the UK’s first child-friendly coding school for mums, Mums in Tech, while on her second maternity leave from Silicon Valley Bank. Angelides is also one of a handful of Black women in venture capital. Launching today, the task force will use its convening
Major beauty retailers are boosting small, minority-owned businesses in a bid to support Black women entrepreneurs. As of last year, 17% of Black women in the U.S. were in the process of starting or running new businesses, according to the Harvard Business Review. That outpaces the 15% of white men and the 10% of white women who reported the same. But only 3% of Black women reported running ‘mature’ businesses. And when it comes to the traditional workforce unemployment rate, it remains high among Black women, at 5.5% in March, compared with
Deborah Gladney and Angela Muhwezi-Hall are the sister duo and creators behind QuickHire, a hiring platform that connects workers to service and skilled-trade jobs. In November, QuickHire raised $1.41 million in an oversubscribed round of funding, making Gladney and Muhwezi-Hall the first Black women in Kansas to raise over $1 million for a startup, according to AfroTech. The round is a pretty big deal because Black female startup founders received just 0.34% of the total $147 billion in venture capital invested in U.S. startups through the first half of 2021, according to Crunchbase. QuickHire,
Tiffany James, 27, started Modern BLK Girl after turning an initial $10,000 investment into $2 million. But her success is partly down to one colleague who decided to pass on the baton of knowledge. James had left school with a degree and student loan debt which had her struggling, and for a while, she wasn’t sure how she was going to get out of it. The turning point came in 2019 when a co-worker suggested that she buy stock in a company named Tesla when shares were between $60 and $70.
Honeycomb is hiring on pocitjobs.com Alayshia Knighten is a seasoned DevOps Engineer with a love of infrastructure and a focus on breaking down technical learning barriers for customers. She recently spoke to POCIT about navigating life in the tech sector as a woman of color and her role at Honeycomb, an observability tool that lets developers quickly make sense of the billions of rows of data needed to fully represent the user experience in your complex and unpredictable systems. Since joining Honeycomb as a Senior Implementation Engineer in October 2020,
Failing to credit Black creators will cost platforms and TikTok is one firm that’s not trying to be a part of that mess – again. The Bytedance-owned app is introducing the first iteration of creator-crediting tools that will enable — and encourage — users to link back to the videos of TikTok creators and trend originators. The new TikTok tools, rolling out over the next few weeks, will let creators directly tag and credit others through a new button in the app. Kudzi Chikumbu, TikTok’s U.S. director of the creator
In February, Prestige magazine published a list of the top-selling pieces of crypto-art to date, with all entries sharing some common traits – they were all men and all white. And when you look into the news reports of those who’re supposedly ‘killing it’ in the NFT or crypto space most of them look the same. But here at POCIT – we’re all about shining a light on the communities that are sometimes cast to the side and forgotten even when they’re making a considerable impact. Before we begin – for
You may have stumbled upon memes on Twitter where users are snubbing the American streaming platform – Netflix. Well – it’s because it’s just been announced that the tech giant is laying off approximately 150 employees across the company, according to an internal memo sent Tuesday. The layoffs represent 2 percent of the streamer’s total workforce, with most of the cuts happening in the United States. Netflix is also making changes to its animation division, resulting in 70 roles being cut off in that unit and reducing contractor roles in
TW: The following report may be triggering as it details updates on the main suspect of the Buffalo attack. The self-described white supremacist gunman who killed 10 people, all of them Black, at a Buffalo supermarket on Saturday had mounted a GoPro camera to his helmet. He planned to stream his assault live on Twitch, the video game streaming platform used by another shooter in 2019 who killed two people at a synagogue in Halle, Germany. Like others before him, Payton Gendron, 18, the main suspect behind the Buffalo attack, previously outlined his plan
There’s a billboard in Detroit promoting The Lip Bar, a business Melissa Butler launched 10 years ago: “Shark Tank told me to quit. 10 years and 2 million units sold. Thanks, Mr. Wonderful.” That moment on the show when “Mr. Wonderful,” whose real name is Kevin O’Leary, and other investors harshly rejected Butler’s products didn’t stop her because she knew the investors were not the customers she was targeting. She has previously told media that she knew her customer base and she was determined to press forward. The Lip Bar celebrated its 10th year of operation with
