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Pharrell Williams is taking significant steps to address the equity gap in entrepreneurship through his initiative, Black Ambition. According to an April 14, 2025, news release, the nonprofit is launching the Fundable Founders Learning Lab, a comprehensive 10-week virtual program designed to support entrepreneurs across Florida, with an emphasis on those from underrepresented communities . With a $1 million investment from an anonymous donor, the initiative is part of a two-year effort to counter dwindling resources for small business owners by providing 500 Florida-based entrepreneurs with access to capital, mentorship, expert training, and a robust network. “Entrepreneurs are facing unprecedented challenges—from shrinking access to capital to dwindling community resources,” said Black Ambition CEO Felecia Hatcher. “This $1 million donation is more than just funding—it’s fuel for a new generation of fundable founders building bold, innovative solutions right here in Florida.”...
Time management has always been a critical skill, but as workloads increase and efficiency becomes more valuable, artificial intelligence has emerged as a powerful tool for optimizing schedules, automating tasks and improving productivity. AI-driven solutions help individuals allocate their time more effectively, eliminating repetitive work and streamlining decision-making. Unlike traditional time management methods that rely on manual input, A I leverages data and automation to create more efficient workflows , ensuring that time is spent where it matters most. The analytics that come from consistent use of tools like Gemini and ChatGPT provide a clear picture of how time is being spent across projects and teams, enabling businesses to streamline operations and eliminate unnecessary meetings. Predictive AI technology anticipates peak work periods and adjusts schedules accordingly, helping professionals prepare for heavy workloads in advance. This is especially useful in industries...
Pharrell Williams’ nonprofit organization Black Ambition has distributed $13 million to underrepresented founders since its inception. The nonprofit currently is launching its fifth Black Ambition Prize Competition, which will award early-stage entrepreneurs in industries such as consumer products and services, health care, media and entertainment, technology, and artificial intelligence (AI). Participants will have a chance to receive more than $1 million in funding. Further support will be provided over 12 weeks through mentorship, business development support, and access to its network of investors and industry leaders through the Black Ambitionist Mentorship Program in partnership with Cinematica Labs. According to information shared with AFROTECH™, $13 million has been awarded to 131 entrepreneurs since 2020. Additionally, the organization’s founder network has raised $280 million and generated over $265 million in revenue. “Five years ago, Black Ambition was an idea,” Williams...
Student loan borrowers may be experiencing whiplash this year, as the rules and guidelines for repayment have continued to see massive sweeping changes. If you’ve been following along with political news in recent months, you’re likely already aware of the fact that president Donald Trump has plans to dismantle – and perhaps entirely abolish , the Department of Education. This is a far cry from Joe Biden’s economic plans , which included wiping out millions in student loan debt over the course of his term, and setting the stage for additional loan forgiveness down the line. Whether you’re a borrower concerned about your financial future, or just a passive onlooker questioning the economic impact of Trump’s many executive orders , you may be interested in what happens to unpaid student loans when and if the Department of Education goes the way of the dodo bird. Luckily we’ve got you covered, with a comprehensive look into the history of the Department of Education, what Trump is...
Life is full of highs and lows, and the tech industry is no exception. One day, you’re riding the wave of record-breaking stock gains; the next, you’re watching billions evaporate as markets correct themselves. For NVIDIA CEO Jensen Huang, that reality hit hard in January 2025, as his net worth dropped by a staggering 20%. According to Business Insider, it went down from $121 billion to $100 billion, primarily driven by a downturn in NVIDIA’s stock amid broader market shifts. For Huang, whose wealth is heavily tied to the U.S. company he co-founded, this decline is a stark reminder of the volatile nature of the technology sector. But it’s not just about one man’s fortune — it’s a snapshot of the challenges facing tech giants as they navigate investor skepticism, geopolitical tensions, and the ever-changing landscape of artificial intelligence. NVIDIA’s Stock Struggles In A Shifting Market NVIDIA has become synonymous with the AI boom, providing the advanced hardware that powers...
LeBron James’ business partner and Klutch Sports Group Founder Maverick Carter is looking to own an international league. Since 2006, Carter has been working alongside James within the business world. The pair had been playing basketball together in high school, and Carter was a trusted figure in James’ life. For that reason he was tapped by the NBA superstar to assist him on the business side as his sports career was taking off. “He betted on me at a time I didn’t know what I was doing,” Carter recalled during an interview on the “ UNINTERRUPTED” podcast . “And, you know, I’m still learning every day. But he really gave me a shot and was like, ‘I’m gonna empower you.'” Since that time, Carter has been a pivotal player in James’ journey to becoming a billion-dollar athlete today. Carter has served as his manager , and they have launched several business together, including SpringHill Entertainment, which merged with British television, film, and music production company Fulwell 73...
The early-to-mid-2000s was a particularly unique era in rap music. From the tall white T-shirts to the emergence of popular dance trends, rappers during this era kept listeners hungry to keep up with every trend they introduced. Nelly was among those influential rappers. Born Cornell Iral Haynes Jr., Nelly burst onto the music scene in 2000 with his debut album, “Country Grammar.” The album and its title track earned Grammy nominations during the 2001 awards, prompting insight into the rapper’s trajectory. The current father of four would experience more success following his debut release with other songs such as “Hot in Herre,” “Air Force Ones,” and “Pimp Juice.” Nelly’s success would land him additional Grammy nominations, with him eventually earning three awards, according to the Grammys website. While the St. Louis, MO-raised rapper experienced significant success in the music industry, he did not subject himself to staying behind the mic. Nelly launched the record label Derrty...
Basketball-player-turned-businessman Michael Jordan chose Carmelo Anthony as the first signature athlete for his well-known brand. During his high school years, Anthony was encouraged by his coach, Mike Daniel, to enhance his basketball career by transferring from his Maryland school to Oak Hill Academy in Mouth of Wilson, VA, right before his senior year, the New York Times previously reported. The former athlete became a top star while playing for the school, which was also sponsored by Jordan, per ESPN. Before attending Oak Hill Academy, Anthony says he was simply focused on playing the sport and had no clear interest in working with a particular shoe brand at the time. He had played wearing both Adidas and Nike. However, Anthony stayed loyal to the Jordan brand at the new school and even wore the Jordan shoe to an Adidas summer camp. “In the history of Adidas — and there wasn’t no disrespect to Adidas — I’m the only person that ever wore Jordans to an Adidas camp,” Anthony...
For professionals, a consistent morning routine can be an asset in beginning your day on the right track. With an established morning routine, whether waking up at 5 AM or 9 AM, you will have a stronger foundation to set the tone for an effective workday . If you find it hard to fall asleep before midnight, trying to force yourself into the early-rising club may lead to exhaustion. It’s essential to listen to your body’s natural rhythms. Even if mornings aren’t your strong suit, you can still establish a routine that aligns with your body’s preferences. By prioritizing consistency and finding a schedule that works for you, you can create a morning routine that sets you up for success without sacrificing sleep or well-being. Popular Steps To Include In Your Morning Routine A well-crafted morning routine can lay the foundation for a successful day ahead by setting a positive tone for your daily activities. Adding intentional habits into your morning can help you feel more focused and...
LeBron James continues to show the world why he’s the king. Forbes released their list of the 10 Highest-Paid Athletes and the NBA superstar was No. 2, making him the second-highest-paid athlete in the world. While his skills on the court contributed heavily to the Cleveland native’s net worth, which AfroTech previously reported, now sits at an estimated $850 million, it has been his endeavors outside of basketball that led to his ranking on the list. Per reports, he drew in about $121.2 million in 2021 thanks to ventures like his “Space Jam” reboot as well as various endorsement deals. His talk show, “The Shop: Uninterrupted” also contributed to his earnings. He trails Argentine soccer player Lionel Messi who was named the richest athlete in the world in 2021, bringing in an estimated $130 million. In true King fashion, though, LeBron James is only in competition with himself, knocking out his previous record of earning $96.5 million in the previous year. On the court, the LA Laker...
When Rick Ross recently announced that he was interested in investing in the Miami Heat, he became one of but a handful of Black men and women who expressed an interest in equity in sports teams. “I’m still interested in getting a small percentage of an NFL or NBA team,” he shared during an episode of Uninterrupted’s Certified Buckets podcast when asked his stance on making a sports investment move. “I’d just invest in the Heat because we got some beautiful additions. And like I say I’m one of those people that can look three seasons ahead… I’m confident, we’ll bring them big trophies back.” This isn’t the first time Ross has expressed interest in investing in sports teams. As AfroTech reported, he expressed an interest in the Los Angeles Clippers in 2014. Back then, both Ross and Diddy were eyeing the possibility of buying the team but ultimately lost out to Steve Ballmer’s $2 billion offer. Currently, there are only six people of color with ownership across all three major U.S....
Rick Ross, the biggest boss, is always thinking of his next move. According to Kulture Hub, Rick Ross could soon make his stake in the sports industry as an investor in the National Basketball Association’s Miami Heat. The move would be only right for the rapper and entrepreneur who has been an avid supporter of the team and is considered by many as a Miami legend. “I’m still interested in getting a small percentage of an NFL or NBA team,” Rick Ross shared during an episode of Uninterrupted’s Certified Buckets podcast when asked his stance on making a sports investment move. “I’d just invest in the Heat because we got some beautiful additions. And like I say I’m one of those people that can look three seasons ahead… I’m confident, we’ll bring them big trophies back.” As someone who was raised in Dade County, Rick Ross has been a fan of the Miami Heat since day one. He went from watching games from awful seats to garnering relationships with the players, President Pat Riley, and the...
Hennessy wants to fund the next generation of Black entrepreneurs. On March 29, the world’s best-selling cognac unveiled its “Never Stop Settle Society,” a comprehensive growth accelerator co-created with the Marcus Graham Project (MGP). The initiative was introduced in the new “Dear Destiny” commercial narrated by Hip-Hop legend Nas and produced by UNINTERRUPTED. The commercial aired during the 52nd NAACP Image Awards on BET with a spotlight placed on the legacy of Black Wall Street. “The ‘Never Stop Never Settle Society’ builds on Hennessy’s long-standing commitment to Black communities and ongoing mission to champion cultural diversity by pushing the limits of potential for Black entrepreneurs,” said Jasmin Allen, Senior Vice President, Hennessy US, in an official press release. “We aim to expand on that legacy in the most impactful and meaningful ways by providing access to capital and resources to those demonstrating the ability to reshape Black communities through social...
Our nation’s efforts toward children’s education have pivoted to remote learning in light of COVID-19. The pandemic has left millions of children in America sheltered-in-place as they rely on their parents and instructors to guide them through this difficult time. In an effort to ease the burden, The National Black Child Development Institute (NBCDI) is taking National Black Child Development Week virtual to make the most of homeschooling. The annual celebration — held May 11-15 — raises community awareness about important issues impacting Black children and families. According to the NBCDI, this year marks the observant week’s 50th anniversary as it pivots to an all-digital platform with Zoom-powered workshops, seminars, and free Instagram Live sessions to focus on homeschooling, the Black economy, mental health, and more. The NBCDI has previously made it a point to call attention to mental health awareness in the Black community. Their website reveals that among their career...
How does one get sued for posting a photo of themselves? Well, NBA superstar, LeBron James faces this exact lawsuit. According to Complex , veteran sports photographer, Steve Mitchell, is suing James for posting a photo he took during the Dec. 13 Lakers versus Heat game showcasing James’ high flying dunk over Heat center, Myers Leonard. https://www.instagram.com/p/B6EGC_ogCyj/?utm_source=ig_embed Richard Liebowitz, a New York copyright lawyer, filed the lawsuit on Mitchell’s behalf Monday claiming that James posted the photo on social media without Mitchell’s consent. Mitchell’s work has appeared in Sports Illustrated and ESPN and he frequently allows publications to use his work for a fee. James often posts photos of himself in action to his social media accounts and has never run into copyright issues, but Mitchell and his attorney feel James has violated copyright laws by posting the photo. According to Sports Illustrated: “The defendants are accused of infringing’s Mitchell...