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Aaron Samuels has revealed his roadmap into the venture capital space. Samuels, co-founder and former chief operating officer (COO) of Blavity — w ho now leads a venture capital firm Collide Capital — has worn various hats in a career that spans more than a decade. He was a performance poet who spent nearly 10 years traveling and went on to secure roles as a director of operations (Dialogue Arts Project); senior associate consultant (Bain & Co.); and product manager (TeleSign) between 2011 and 2016, his LinkedIn mentions. For the next seven years, Samuels helped co-found Blavity Inc., a platform catering to Black Millennials and Gen Z amplifying areas of entertainment, politics, technology, and culture. It was created alongside Morgan DeBaun (CEO), Jeff Nelson (now COO), and Jonathan Jackson. Serving as the COO laid the footprint for Samuels’ foray as founder and managing partner of Collide Capital, which was founded in 2022 alongside Brian Hollins to provide resources, operational...
CapitalG has promoted three Black leaders. The independent growth fund of Google parent company Alphabet — CapitalG — connects entrepreneurs with portfolio leaders to overcome the hurdles of scaling. “We are CapitalG, Alphabet’s independent growth fund. We invest in companies that have established product market fit and are ready to scale. To date, we have over $3 billion under management supporting businesses including CrowdStrike, Lyft and UiPath,” the company’s website states. As CapitalG looks to broaden its impact, nine leaders, including three diverse hires, have been promoted.
GV, the company formerly known as Google Ventures, just got its first Black female partner. Fortune reports GV — an Alphabet-backed venture capital firm that has made investments in GitLab, Slack, and Uber — has just promoted Principal Terri Burns to investing partner. This title will grant her the ability to write checks and at age 26, Burns will make history as the firm’s youngest-ever partner. Burns, as a Black woman, is a unicorn in an industry long dominated by white men. In the VC world, slowly but surely some progress has been made. According to All Raise , the number of female decision-makers grew from 9 percent at the end of 2017 to 13 percent this past February. Only one Black woman has been named partner at any VC firm in 2019, per Fortune , and Black people made up just 0.67 percent of all entrants to the industry between 2010 and 2015. Prior to spending three years at GV as a principal, Burns was an associate product manager at Twitter and had already made out checks...
Sundar Pichai, the CEO of Google and its parent company, Alphabet, has recently proposed regulations for the use of artificial intelligence. In 2018, Pichai pledged Google’s promise to use AI responsibly , citing its own internal guidelines for use. Now, as noted by a recent report from Forbes , Pichai is advocating for setting a global standard for AI that could prevent companies and others from using it without restrictions or accountability. Google has long been a proponent of AI, including the use of software for diagnostic purposes in cancer detection and blindness prevention , project facilitation in Google Assistant support, teaching tools, and forecast prediction , among other purposes. Used for good, AI can be a critical resource to promote health, safety, education, and social change . “ It can’t solve every problem, but its potential to improve our lives is profound, ” Pichai wrote in a blog post. However, the misuse of AI is what Pichai finds particularly disturbing,...
Trouble is brewing for one of the top legal executives of Google’s parent company, Alphabet. Chief Legal Officer David Drummond is embroiled in investigations connected to possible liaisons with female employees . Drummond is scheduled to exit Alphabet at the end of the month, prompting many to believe that his departure is connected to recent inquiries about misconduct. Drummond began working for Google nearly two decades ago, eventually rising in rank to become its corporate development officer. During that time, Drummond shepherded the company through a host of legal triumphs . However, questions about his behavior with subordinate staff began to sideline some of his professional victories. In the early 2000s, Drummond, who was then married to his first wife, began an affair with Jennifer Blakely, a subordinate on the legal team. The extramarital affair produced a child, causing Google to present its policies of preventing superiors and subordinates from engaging in romantic...
Wing, a drone startup owned by Google’s parent company, Alphabet — has been making major moves. Last month, the company launched one of the world’s first drone delivery services in Australia. Now, it’s expanding its delivery program. Starting in June, Wing will offer drone deliveries in Helsinki, Finland . To start, Wing plans to offer the pilot program in the city’s Vuosaari district. Similar to Wing’s program in Australia, customers will be able to order food and snacks Finnish pastries and meatballs in minutes. A video of a Wing drone delivery was uploaded by Mayor of Helsinki, Jan Vapaavuori. “In Vuosaari receiving the first ever drone delivered meal in Europe!” Vapaavuori tweeted . Helsinki on kiinnostava ja toimiva testialusta tulevaisuuden ratkaisuille. Tänään Vuosaaressa vastaanottamassa Euroopan ensimmäistä drone-kuljetettua ateriaa! In Vuosaari receiving the first ever drone delivered meal in Europe! #wing #drone #myhelsinki #vuosaari pic.twitter.com/dRE8r45dzw — Jan...
Most people don’t think of drones as a way to get things like coffee delivered to your door, but that may be changing soon. On Tuesday, Wing — a startup owned by Google’s parent company, Alphabet — announced it had become the first certified air carrier for drones in the United States. The company received Air Carrier Certification from the United States Federal Aviation Administration (FAA). This is a big milestone because without it Wing wouldn’t be able to pursue commercial deliveries. “This is an important step forward for the safe testing and integration of drones into our economy. Safety continues to be our Number One priority as this technology continues to develop and realize its full potential,” said U.S. Secretary of Transportation, Elaine L. Chao. Wing noted that for communities across the country, the ability to deliver commercial goods by drones opens up a lot of new opportunities. The company said, “Goods like medicine or food can now be delivered faster by drone,...
The majority of Levi Strauss & Co.’s shareholders have voted against anti-DEI proposals. WWD reports the company received a proposal from the National Center for Public Policy Research requesting that its shareholders “consider abolishing its DEI program, policies, department and goal.” At a time when other major corporations have rolled back their diversity, equity, and inclusion policies in response to President Donald Trump’s efforts to eliminate DEI across the federal government , the proposal referenced that “Alphabet and Meta cut DEI staff and DEI-related investments; and Microsoft and Zoom laid off their entire DEI teams.” Levi’s executives, however, do not believe the company has partaken in discriminatory policies in its recruitment or promotions, according to David Jedrzejek, Levi’s senior vice president and general counsel, per the outlet. Still, Stefan Padfield, executive director of the National Center’s Free Enterprise Project, made a point to mention at the...
Friday, April 4, 2025, marked the second consecutive day major U.S. stock indexes fell sharply, a downtrend that follows President Donald Trump’s recent tariffs announcement and China’s Friday morning declaration to impose a 34% duty on U.S. goods in retaliation. According to NBC News, significant market losses included Tesla , Elon Musk’s electric vehicle company, which fell by approximately 10%; agricultural equipment leader Caterpillar, down about 6%; and top AI chip manufacturer Nvidia, which declined by approximately 7%. The S&P 500 index, which tracks 500 leading U.S. companies, dropped more than 4%, down more than 16% from its peak. The Russell 2000 index, which follows stocks of smaller U.S. companies, plummeted by 5.3%. Global markets also experienced significant sell-offs, with European stocks declining 10% from recent highs and Asian markets facing sharp drops. After the market had closed on Wednesday, April 2, 2025, Trump announced from the White House’s Rose Garden that...
Apple faces its largest decline since 2020, leading the race of significant drops in technology stocks as President Donald Trump announced a 10% tariff on all imported goods and higher duties targeting specific countries, according to CNBC. Trump shared the news about tariffs from the White House’s Rose Garden after the market closed on Wednesday, April 2, 2025, raising concerns about a potential global trade war . According to a White House fact sheet, the tariffs will take effect at 12:01 a.m. EST on Saturday, April 5, 2025. “Today, President Donald J. Trump declared that foreign trade and economic practices have created a national emergency, and his order imposes responsive tariffs to strengthen the international economic position of the United States and protect American workers,” the fact sheet read. On Thursday, April 3, Apple stock declined by over 8%, Meta Platforms and Amazon each dropped about 7%, and Nvidia and Tesla experienced declines of over 4%, per CNBC. The...
Google has launched Career Dreamer, an advanced artificial intelligence analysis tool that evaluates users’ skills and experiences and suggests personalized career opportunities. According to a Feb. 19, 2025 blog post from Grow With Google Founder Lisa Gevelber, Claire Thorn, a military spouse who spent nearly 20 years as a stay-at-home mom before reentering the workforce , was one of the early testers of Career Dreamer. After answering a few questions about her background and interests, she learned how to translate her life experiences into skills and new career opportunities. “(Career Dreamer) helped identify skills that I take for granted and showed me that they’re important and useful in the workforce,” said Thorn, per Google. “Now, I’m armed with the confidence of knowing that I already possess exactly what employers need.” Career Dreamer identifies patterns and connects the dots between unique experiences, educational backgrounds, skills, and interests. The platform then...
Cherryrock Capital has raised $172 million to support diverse founders. The venture capital firm, founded in 2023 by Stacy Brown-Philpot (Managing Partner) — head of Alphabet Inc.’s online sales and operations in India and board member at HP Inc., StockX, and Noom Inc. — provides Series A and B funding to underrepresented founders of software companies driving innovation, according to its website. The VC firm, backed by a team with over 60 years of operating experience, has closed its first fund at $172 million, Bloomberg reports. “Today, I’m thrilled to announce the launch of Cherryrock Capital, the first fund focused on investing at the Series A & B stages in underinvested entrepreneurs …Cherryrock Capital is about being the foundation of success for the next generation of entrepreneurs…We’re on a mission to change the face of wealth creation and build an enduring institution. We are looking for founders who have the courage to be audacious in their vision, accountable to their...
In a decision reflecting a broader trend in the corporate world, Google has eliminated its diversity-based hiring targets and quietly erased language relating to Diversity, Equity, and Inclusion (DEI) from its annual report. This decision isn’t just a corporate policy update. This move aligns with a growing trend of companies scaling back public commitments to DEI in response to evolving legal and political pressures. The ripple effect of this change reaches far beyond Silicon Valley, raising urgent questions about the future of workplace diversity, corporate responsibility, and the very fabric of inclusive leadership in America. Google Shifts Away From DEI Metrics According to Reuters, Google’s move came after the company abandoned its diversity hiring goals, which were initially designed to foster a more inclusive workforce. The company cited the impact of recent court decisions and executive orders from the Trump administration as pivotal factors influencing this change. These...
Editorial Note: Opinions and thoughts are the author’s own and not those of AFROTECH™. “Oligarchy” is the word that has been spread across the internet and used to describe what has been observed during Donald Trump’s inauguration. “Oligarchy” is defined as “a country, institution, or organization led by a small group of people.” Observers saw the leaders of the most powerful tech companies in the world not just in attendance but sitting where friends and family sit. They had better seats than Trump’s cabinet. It’s not uncommon for business leaders to convene in Washington D.C. to usher in the exchange of power, but the previous relationship that Trump had with these tech CEOs, and its change to what is seen now, is something to take note of. Mark Zuckerberg, founder and CEO of Meta; Jeff Bezos, founder and CEO of Amazon; Sundar Pichai, CEO of Alphabet; Tim Cook, CEO of Apple; and, of course Elon Musk, CEO of Tesla, were all close to the president during his swearing in. Each one of...
Costco is doubling down on its decision to maintain its DEI policies. This comes amid several major companies retracting their commitments, such as Google. CNBC reported that Google had established new programs to empower Black staffers following the murder of George Floyd in 2020. At the time, its CEO, Sundar Pichai, stated the intention “to build sustainable equity for Google’s Black+ community, and externally, to make our products and programs helpful in the moments that matter most to Black users.” The company aimed for a benchmark of 30% of leadership being composed of underrepresented groups by 2025. However, in the years since, Google has fallen significantly short of that goal by reducing staff and shrinking programs related to diversity, equity, and inclusion (DEI), as has its parent company Alphabet. By mid-2023, DEI job postings by companies in general were showing a downward trend. Job site Indeed offered data that revealed a drop of 44% in postings compared to the...