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What started as a hobby during the pandemic quickly launched Lara Adekoya into entrepreneurship, selling cookies to consumers in Los Angeles, CA, including some of Hollywood’s hottest stars, including Issa Rae, Lena Waithe and others. Today, Adekoya is taking things one step further by launching her very first brick-and-mortar for Fleurs et Sel. “I’m really happy and I’m just ready,” Adekoya told AFROTECH™. “I feel like I’ve been ready to make this jump or transition for a while. As you know, it’s not something that’s happened overnight.” In a previous interview with Adekoya, AFROTECH™ learned the backstory to how she launched her business, which has grown rapidly over roughly four years. Fast-forward to the present day, she says there wasn’t a specific incident that encouraged her to open a bakery, but it will be in a historically Black and brown neighborhood in Los Angeles. “I’m opening in West Adams, which is a historically Black and brown neighborhood in LA that has been...
Byron Allen has placed a significant proposal on the table once again. The Hollywood Reporter states Allen Media Group is looking to place a $14.3 billion offer to purchase Paramount Global’s remaining shares. If the deal is approved, Allen Media Group will acquire Paramount’s debt as well, which is estimated to be $15 billion. “Mr. Byron Allen did submit a bid on behalf of Allen Media Group and its strategic partners to purchase all of Paramount Global’s outstanding shares,” the statement read, according to the outlet. “We believe this $30 billion offer, which includes debt and equity, is the best solution for all of the Paramount Global shareholders, and the bid should be taken seriously and pursued.” This isn’t Allen’s first proposal to acquire another media giant. As AFROTECH previously told you, the billionaire was looking to purchase BET Media Group, when it had been put up for sale by Paramount Global in 2023. Ultimately, Paramount Global would retract its proposal in August...
Kimberly Moore is embracing young girls in science, technology, engineering, and mathematics (STEM). Moore is the founder of KDM Engineering located in Chicago, IL’s West Jackson Boulevard neighborhood. The venture is described as an engineering consulting firm aimed at primary distribution design, telecommunications, natural gas, and project management, according to its website. Moore’s exposure to a field composed of very few Black women was nurtured as a child when she would be encouraged to place curtains on walls or help set up televisions for family members, per the Chicago Sun-Times. While attending Whitney M. Young Magnet High School, she shined as a math and science student and went on to obtain a bachelor’s degree in electrical engineering at Northern Illinois University (NIU) — and later a master’s in sound engineering. At the start of her career in electrical engineering, Moore soon learned that there was a lack of female representation. In fact, she recalls they did not...