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Apple To Invest Over $500 Billion In American Tech Economy, Even As CEO Tim Cook Fights For DEI Initiatives

Those who have been following along with corporate news in recent weeks may already be aware of president Donald Trump’s ongoing initiative to bring massive financial changes to the tech industry. The head of state and 34-time convicted felon previously announced multi-billion dollar deals with fintech giants including OpenAI, SoftBank and more. The collaboration, which has been titled Stargate , has drawn eyes from a number of tech industry heads, including Apple’s Tim Cook . Now, according to recent reports, Cook himself has announced an effort to invest $500 billion back into the United States economy, with specific plans to hire 20,000 new U.S. based employees over the next five years. Though Apple has always been at the forefront of American engineering and design, this announcement has come as quite a shock to some investors, considering Tim Cook’s outspoken stance on upholding DEI initiatives , in stark contrast to Trump’s demands. Clearly, Cook is able to compartmentalize...

Feb 28, 2025

Rap Duo Krept & Konan Are Giving Back To Their South London Community By Opening A Supermarket

Rap duo Krept and Konan are giving back to their community by opening a supermarket. BBC reports the pair will open a 15,000 sq ft. supermarket in Croydon, a diverse area that includes Black and Asian populations, with the help of their business partner, Kaysor Ali. “It’s an honor for us to partner up on this venture,” Krept and Konan said in a statement, per All HipHop. “We are all about representation in the community and finding solutions; we are all from underrepresented communities, so this is a perfect partnership. Saveways is game-changing for our community, and we are excited to bring this vision to life.” Krept reflected on his personal connection to supermarkets, drawing on memories of his upbringing and the frequent need to visit multiple locations to shop for groceries — a reality that remains all too familiar for many in the South London town of Croydon. “Having the experience of going shopping and having to go to multiple places, have to go here for my meat, here for...

Jan 27, 2025

Although Founder Leora Hooper Hasn't Yet Received A Salary For Her Mississippi Private Christian School, It's Flourishing And Has Grown From 6 To 50 Students

A small, private Mississippi school that opened nearly three years ago with just six students has grown to approximately 50 in grades prekindergarten through 12th. Leora Hooper founded Abundance Educational Academy in a neglected storefront in Yazoo City, according to The New York Times. She had taught special education at a local public school and sixth-grade social studies at another. However, Hooper’s work in the impoverished community and struggling public school system took its toll and she quit in 2021. Since she left in the middle of the school year, her public-school teaching license was suspended. Inspired to start a new chapter and offer students an alternative as well, she started Abundance, becoming its executive director. Hooper wears many additional hats too: She is a math, social studies, and language arts teacher, an after-school tutor, the registrar, a guidance counselor, co-director of the drum line, a janitor, and receptionist. “I was born to do it,” Hooper said...

Dec 16, 2024

Robert L Johnson's Journey To Media Magnate And Philanthropist

Robert L. Johnson ’s journey from a young man with a vision to a media magnate and philanthropist is a story of perseverance, strategy, and relentless pursuit of success. As the founder of BET (Black Entertainment Television), Johnson became the first African American billionaire, cementing his place as one of the most influential figures in the media industry. His journey, however, was not without its challenges. Here’s a closer look at how Johnson built his empire and made a lasting impact as a businessman and philanthropist. Early Life And Education Born on April 8, 1946, in Hickory, Mississippi , Johnson grew up in a family that valued education and hard work. His parents were both educators, and their influence instilled in him a desire to succeed academically and professionally. Johnson attended the University of Illinois, where he earned a Bachelor of Arts degree in History. Afterward, he went on to obtain a Master of Public Affairs degree from Princeton University. His time...

Dec 12, 2024

Fourth-Generation Farmer Patrick Brown Purchases The Land Where His Great-Grandfather Was Once Enslaved

Farmer, Patrick Brown, has reclaimed the land once owned by his great-great-grandfather, who was also enslaved there. Currently, Patrick serves as the director of farmer inclusion for the social justice nonprofit Nature for Justice, reports Bitter Southerner. He is responsible for ensuring that $1.7 million in funding is allocated to farmers of color in North Carolina by 2029. Brown also serves on the board of the Eva Clayton Rural Food Institute, an organization established to combat food inequities. Patrick’s passion for farming is rooted in his upbringing. At the age of 9, he was already working on his family’s farm in North Carolina, helping to load tobacco. “It would take us about nine hours to fill up two barns,” he told the outlet. His father, Arthur, played a key role in igniting his interest in farming. He passed down stories of their family’s four-generation legacy in agriculture. “He was educating me,” Patrick explained, according to Bitter Southerner. “He would say,...

Dec 11, 2024

Siblings Jamial Clark And Bridgette Reed Team Up With Praxis Development For $24M Apartment And Retail Project In LA’s Crenshaw District

A Black-led development is underway to revolutionize the Crenshaw, LA. Los Angeles Times reports that siblings Jamial Clark and Bridgette Reed are guiding a $24 million project. They secured the land from their parents, Henry and Lucretia Clark, who originally purchased it in 1995. Lucretia owned a hair salon , and the couple also rented out their building. This led to the establishment of a wig shop, shoe repair shop, frame shop, and a social services provider. The building had been a staple in the community, and now the siblings are looking to build on its legacy with new plans. “I invested over $100,000 of my money just to keep things going and to keep bills paid and the mortgage paid, ” Jamial told the outlet. “ Selling was never going to be an option, even though we got to a point where we had to think about it .” The land, situated at the corner of Crenshaw Boulevard and 54th Street, will be developed into a six-story apartment building with 48 units, with plans to include...

Dec 11, 2024

Jasmine Crowe-Houston's Food Waste Startup Goodr Opens A New Grocery Store Providing Free Monthly Meals To 100 Families In Atlanta

Goodr has opened a new grocery store in Atlanta, GA. The Atlanta-based company, which combines technology and logistics to combat food waste and fight food insecurity, is the brainchild of Jasmine Crowe-Houston. “[Goodr] uses technology to solve hunger — that’s our big focus. I think we are taking a radically different approach to how this country solves hunger and food waste,” Crowe-Houston told AFROTECH™ in a 2021 interview. “A lot of times people say to me, ‘How is this a business? How can this be profitable?’ But, the main thing is people have to understand that billions of dollars get spent every year on food insecurity and trying to make sure people have access to food. But, it typically only goes to the same organizations.” She added, “And what we’re trying to do is come in and kind of disrupt that and say, ‘Listen, we’re getting a lot wrong about solving hunger if we’re always going to give money to the same people. We’re going to keep on having the same results.’ Give Goodr...

Dec 6, 2024

The First Reported 100% Free Full-Service Grocery Store In Maryland Has Opened Inside A Baltimore Library To Help Combat Food Insecurity

A grocery store considering its community first has opened in Baltimore, MD. The Baltimore community will now be able to shop at the Pratt Free Market, which will operate as a full-service grocery store following a ribbon-cutting ceremony held by the city’s Enoch Pratt Free Library. The market is inside the library’s Southeast Anchor location in the Highlandtown neighborhood. M’Balu “Lu” Bangura, chief of equity and fair practices at the Enoch Pratt Library, shared on Instagram that no income verification or ID will be required at the grocery store, and all items will be available for free to those living in a state where one-third of the population experiences food insecurity. Per WBAL-11 TV, customers will be able to stock one library-supplied bag each day. “Just come as you are and fill a bag with groceries at NO COST,” Bangura wrote on Instagram. “This market is for the City. All are welcome…I dreamt of this almost 2 years ago, I’m so proud to cut the ribbon on the first 100%...

Sep 30, 2024

Former NFL Player Kevin Burnett Remains Connected To Sports As A Football Coach And As A Real Estate Specialist And Investor

Kevin Burnett has transitioned from the football field to help families create wealth. Burnett, an Inglewood, CA native, was drafted in 2005 as a 42th draft pick in the second round to the Dallas Mavericks, according to ESPN. He was signed to a 4-year deal valued at $3.31 million with the team, which included a $1.15 million signing bonus and $1.15 million guaranteed, Spotrac notes. Burnett played for four teams throughout his career, ultimately retiring with the Oakland Raiders in 2014. He earned a total of $20.57 million. In retirement, Burnett took some time to water into his wife and four kids, per Equities.com. He became more immersed in his children’s worlds, which also included sports. This led him to coach his older kids’ football and baseball team, sparking a newfound purpose. “Hey, this is where I see my purpose,” Burnett explained. “It’s where I see my angle.” In 2020, he secured a position at McArthur High School in Hollywood, FL, as a football coach. With poverty and...

Sep 16, 2024

Gunna Launches Income Program In South Fulton, GA, That Will Provide Families $1,000 Monthly Stipends For A Year

Gunna continues to pour into the Georgia community. As previously reported by AFROTECH™, rapper Gunna, born Sergio Giavanni Kitchens in College Park, GA, has proven to have an affinity for the state by engaging in philanthropic efforts such as launching a free grocery store for his former middle school (McNair Middle School) with the support of Goodr Founder Jasmine Crowe in 2021. He also provided Gunna’s Drip Closet, an in-school clothing store that makes all items available free of charge. Improving the standard of living for those in Georgia is still a priority for the rapper. According to a press release shared with AFROTECH™, he has partnered with Black Music Action Coalition (BMAC) to launch the Gunna x BMAC 30349 Guaranteed Income Program. It will benefit the lives of 30 families per month residing in the 30349 zip code of South Fulton, GA, by allocating $1,000 monthly stipends for a year that will be supported through a $500,000 commitment. Beyond financial assistance,...

Aug 21, 2024

Sustainable Food Waste Management Company Goodr Snags Lease For A Nearly 10,000-Square-Foot Warehouse As It Gears Up For Expansion

Jasmine Crowe-Houston is scaling her efforts to combat food insecurity. As AFROTECH™ previously reported, she is the founder of the Atlanta, GA-based startup Goodr, which leverages technology to reduce food waste and distribute it to those in need. “[Goodr] uses technology to solve hunger — that’s our big focus. I think we are taking a radically different approach to how this country solves hunger and food waste,” she previously told AFROTECH™ in an interview. “A lot of times people say to me, ‘How is this a business? How can this be profitable?’ But the main thing is people have to understand that billions of dollars get spent every year on food insecurity and trying to make sure people have access to food. But, it typically only goes to the same organizations.” She continued, “And what we’re trying to do is come in and kind of disrupt that and say, ‘Listen, we’re getting a lot wrong about solving hunger if we’re always going to give money to the same people. We’re going to keep on...

Aug 1, 2024

Couple Turned Founders Brought Sherman Park Grocery To Wisconsin, The Only Black-Owned, Full-Scale Grocery Store In The State

Maurice and Yashica Spears Wince are bringing healthy food options to a food desert in Milwaukee, WI, Black Business reports. Combining years of experience, the founders have partnered to open Sherman Park Grocery, the first Black-owned, full-scale grocery store in the state of Wisconsin, per Milwaukee Community Journal. It had the support of the Embassy Center MKE church and other community leaders. “Yashica worked in management at Walgreen’s, and I managed pizza franchises in Menomonee Falls,” Maurice explained to the outlet . “Our business acumen comes from those experiences. In addition, we have other real estate holdings, including a laundromat on the same block as the grocery store.” Having been raised in Milwaukee Public Schools and experienced the effects of food and home insecurities, the couple saw a need in the community for the grocery store. Spurred by that motivation, Sherman Park Grocery was established in Milwaukee, WI, with a focus on community, offering affordable,...

Jul 24, 2024

Detroit's Sports Rap Radio Makes History As The First All-Black-Led Sports Radio Station In The US

Detroit, MI, has done it again, and it’s only right that one of the Blackest cities in America becomes the home to the first all-Black-led sports radio station in the nation! Sports Rap Radio on AM 1270 made its debut on the airwaves in Motor City on June 4, and not only does it feature all Black hosts, but the radio station is also Black-owned, Blavity reports. “[This is] history-making,” said former Detroit sports anchor Rob Parker, per CBS News. “[It’s] groundbreaking, [and] we just believe that the time has come.” In addition to Parker, who is responsible for helping to bring this vision to life, the history-making team of co-owners includes Parker’s longtime friend Dave Kenney as well as athletes, former NBA player BJ Armstrong and University of Michigan wide receiver Maurice “Moe” Ways. “Moe was the missing piece. I needed somebody young, smart, from the city,” Parker told the outlet. The two have kept in touch since they first met, when Ways was a football star at Detroit...

Jun 27, 2024

Master P Launches Miller Family Foods To Offer Healthier Alternative Food Products

Master P is launching a health-focused food venture. On Juneteenth, June 19, the rapper- turned-businessman took to Instagram to announce the launch of Miller Family Foods. The company will promote healthy living by offering consumers better “alternatives in cereal, oatmeal, breakfast bars, pancakes, waffles and more, deliciously made with the highest quality, using natural ingredients and flavors from the earth it grows.” By design, its foods will be made without artificial preservatives, hydrogenated oils, high-fructose corn syrup, artificial sweeteners and colors, GMOs, and BHA/BHT. Furthermore, Miller Family Foods’ mission will be to diversify the products shelved in grocery stores. “We are evolving as a culture, we are no longer just consumers,” Master P said in a statement shared on Instagram. “We spend trillions of dollars annually with no real ownership, but that’s changing. African Americans want healthier food alternatives. I heard them loud and clear. And that’s why...

Jun 20, 2024

Ancestry Is Using AI To Help Users Discover The Names And Lives Of Their Ancestors Who Were Formerly Enslaved

Ancestry.com has been helping families trace their roots for nearly three decades. Now, the genealogy company is using technology to further assist Black Americans in discovering their ancestry. On June 11, 2024, Ancestry announced the publication of a free collection of 38,000 newspaper articles related to more than 183,000 enslaved people in the U.S. from 1788 to 1867, according to a press release. Ancestry’s mission in launching the new newspaper article collection is to help descendants expand their family history research and discover connections. “Greater access to these records on Ancestry will enhance understanding of how chattel slavery and the forced movement of enslaved people became normalized in the United States,” said Dr. Karcheik Sims-Alvarado, assistant professor of Africana studies at Morehouse College, per the press release. “This collection is invaluable for providing descendants of enslaved individuals with insights into their ancestral histories and their...

Jun 14, 2024