Showing 996 results for:

citi

All results

996
Ed Farm And Apple Are Using Learning Labs In Underresourced Southern Cities To Combat The Digital Divide

Innovative learning labs are being planted in southern underresourced cities to combat the digital divide. Ed Farm Launched in February 2020, Ed Farm, with the support of Apple and the Alabama Power Foundation, works to reach students, teachers and the workforce with the goal of establishing an epicenter for education technology, Ed Farm President Waymond Jackson told AFROTECH™ during the Future of Learning Summit 2025 on June 5. Photo Credit: Samantha Dorisca The organization initially focused on the Birmingham, AL area, launching with a partnership with Birmingham City Schools before expanding to Montgomery Public Schools and Atlanta Public Schools by 2021. Today, its efforts have scaled to Georgia, North Carolina, South Carolina, and California, per The Business Journals. The arrival of Ed Farm came just weeks before the pandemic. “We were just working with one school district, which was Birmingham City Schools. What I continue to tell my team was that we positioned to be a...

Jun 24, 2025

New York City Tops List Of The 10 Wealthiest Cities In The World In 2024 With A Reported 349,500 Millionaires

A new report has revealed the list of cities across the globe where the highest number of millionaires reside . In May 2024, Henley & Partners released the “World’s Wealthiest Cities Report 2024.” According to the firm’s Group Head of Private Clients Dominic Volek, seven out of the top 10 cities listed are in countries that host investment migration programs , which work to foster foreign direct investment in return for residence or citizenship rights. “You can secure the right to live, work, study, and invest in leading international wealth hubs such as New York (NY) , Singapore (Singapore) , Sydney (Australia) , Vienna (Austria) , and Dubai (UAE) via investment,” Volek said, per a press release. “Being able to relocate yourself, your family, or your business to a more favorable city or have the option to choose between multiple different cities across the world is an increasingly important aspect of international wealth and legacy planning for private clients. The more...

May 17, 2024

Meet Thomas Jennings, The Inventor Of Dry-Cleaning And First Black U.S. Citizen To Secure A Patent

Thomas L. Jennings is the first Black individual to be granted a patent in the United States, according to the National Geographic. Jennings, born in 1791 to a freed family in New York City, NY, would become an entrepreneur, owning his own tailoring business, per Lemelson–MIT. He had worked various jobs before settling on being a tailor, and his popularity grew within his community, allowing him to open a storefront, Black Inventor reports. However, Jennings’ customers, seemingly satisfied with his service, addressed concerns about cleaning the fabric he used. This led him to experiment to create solutions and cleaning agents, and he developed the “dry-scouring” method, which lifts stains and dirt from fabrics through solvents without the worries of shrinkage or comprising the fabric, per GreenEarth Cleaning. Today, the technique is more commonly known as dry-cleaning. Black Inventor noted that Jennings applied to patent the method in 1820. At this time, to adhere to the Patent Act...

Mar 28, 2024

Can A New Rule Change By The Small Business Administration Give Formerly Incarcerated Citizens A Chance At Entrepreneurship?

Vice President Kamala Harris has unveiled significant changes to entrepreneurship pathways for formerly incarcerated individuals.

Jan 31, 2024

Universal Music Group Reportedly May Be Pulling Its Music From TikTok, Citing AI-Generated Music Is Hindering 'The Royalty Pool For Human Artists'

Universal Music Group (UMG) may be pulling its music from TikTok. In an open letter, UMG listed several grievances that may cause the music company to severe its partnership with the rapidly growing platform. It credits some of TikTok’s success and global reach to the music that has been created by UMG artists and songwriters. Despite this, the company highlights the inadequate compensation for its artists and songwriters, with the platform contributing only a minuscule amount to UMG’s total revenue. “With respect to the issue of artist and songwriter compensation, TikTok proposed paying our artists and songwriters at a rate that is a fraction of the rate that similarly situated major social platforms pay,” UMG said in a letter. “Today, as an indication of how little TikTok compensates artists and songwriters, despite its massive and growing user base, rapidly rising advertising revenue and increasing reliance on music-based content, TikTok accounts for only about 1% of our total...

Jan 31, 2024

Can Atlanta Become One Of The Top Tech Cities In The Country?

Atlanta, GA, needs to bet on startups if it wants to be a top-five tech city.

Jan 24, 2024

Senators Issue Letter To The DOJ Claiming That Funding Facial Recognition Tech Could Lead To Potential Discrimination For Citizens

Senators, including Sens. Raphael Warnock, Cory Booker, Laphonza Butler, Bernie Sanders, Elizabeth Warren, Chris Van Hollen, and more, have called out the Department of Justice (DOJ).

Jan 24, 2024

Black Woman Awarded More Than $11.3M After Citing Claims Of Discrimination By Equinox Fitness Center

After reporting experiences of racism and sexism while working at Equinox as a trainer, this woman has been awarded more than $11.3 million following a lawsuit against the upscale fitness center.

May 30, 2023

Job Posting Goes Viral For Allegedly Including Verbiage That Read 'Only Born US Citizens [White]'

Uploading job postings while looking for people to fill open positions is a fairly standard process. However, what’s said to be a description for one company’s roles may have shown its true colors in what the higher-ups are looking for.

Apr 7, 2023

Stephen Curry Joins Forces With AI Platform Simplicity To Help Cities Connect With Their Residents

Stephen Curry is taking a step off the basketball court and into the startup world.

Feb 24, 2023

Tyler Perry To Donate $750K To Pay Property Taxes For Senior Citizens Living Near His Atlanta Studio

Tyler Perry is helping nearby senior citizens with a timely donation.

Feb 15, 2023

Lecrae, Donald Washington To Build $35M Mixed-Use Property To Better Position Senior Citizens In Atlanta

Donald Washington is looking to enhance the lives of underserved communities, starting with Atlanta, Georgia’s South Fulton neighborhood.

Dec 2, 2022

Usain Bolt's Bolt Mobility Seems To Have 'Vanished' — What Happened And Why Has It Left Electric Scooters Abandoned In Several U.S. Cities?

The world was excited when renowned Olympic gold medalist Usain Bolt launched his own line of electric scooters, but now everyone is wondering what happened to the company now that its products have been scrapped and left abandoned in several U.S. cities. Bolt Mobility electric scooters made up the dockless rental company co-founded by the famed sprinter. Per reports from TechCrunch, the company has halted operations across several U.S. cities including Portland, OR, Burlington, VT, South Burlington, VT, Winooski, VT, Richmond, CA, as well as Richmond, VA.   View this post on Instagram   A post shared by Bolt Mobility (@bolt_now)

Sep 13, 2022

This Couple Created A First-Of-Its-Kind App To Solve Their Own Problem, Then Ended Up Helping Other Small Businesses Across 900 Cities

If you are tired of being down on your luck when it comes to managing your ever-evolving services for others, this app is just for you. ShearShare is a first-of-its-kind mobile app providing licensed beauty and barbering professionals rent flexible, affordable spaces to work with no-term leases or commission fees. After creating the platform to help with their own excess capacity in their barbershop and salon, Dr. Tye and his wife, Courtney Caldwell knew that this was something that other business owners could use to scale and thrive. “Like all great businesses, ShearShare was first created because we were trying to solve our own problem,” Dr. Tye told AfroTech. “Today, we’re fueling small business recovery across 900 cities, but it didn’t start out that way.” After discovering the shift in the industry as a licensed barber and stylist who has been operating for close to three decades, Dr. Tye realized the opportunity for economic mobility for others in the space.

Aug 12, 2022

Citi Fulfills Follows Through As 'The Only Top Five U.S. Bank, Based On Assets' To Eliminate Overdraft Fees

Citi is following through on its promises to eliminate overdraft fees. The financial institution is now one of the only top five banks in the U.S. (based on assets) to completely get rid of various charges affecting consumers daily. Now, those with Citi Retail Banking consumer deposit accounts no longer have to worry about overdraft fees, returned item fees, or overdraft protection fees. The move is a part of the bank’s ongoing commitment to providing financial inclusion for individuals in underserved communities. As previously shared by AfroTech, the bank is also on a mission to advance economic progress across the nation. Protection from overdraft fees doesn’t just stop at consumers seeing an extra charge or two on their bank account. Citi provides options for combating the issues. As a part of the new overdraft protection services, they will offer two choices for consumers looking to cover negative balance transactions. One includes Safety Check, which transfers available funds...

Jun 24, 2022