All results
Tru Skye Ventures, co-founded by Metta World Peace, has invested in a new sports technology company. According to its website, Tru Skye Ventures is a $100 million fund for sport-tech innovation, fan engagement, health, and wellness companies established in partnership with Stephen Stokols. On March 4, 2025, it was announced that FanUp, a fantasy sports and pop culture platform that has 2.3 million global fans, largely Gen Z (86%) and women (55%), closed a strategic financing round led by Tru Skye Ventures and 9.58 Ventures, co-founded by Fred Toney and Omar Sillah. American tennis star Frances Tiafoe and general partners—NFL safety Jalen Mills, NFL linebacker Deion Jones, and NBA assistant coach David Vanterpool—also participated in the round, according to a news release shared with AFROTECH™. “I’m thrilled to welcome powerhouse partners like Tru Skye Ventures and 9.58 Ventures to our strategic round,” FanUp Founder and CEO Tejas Bodiwala said in a news release. “Collectively, we’ll...
The modern workplace is evolving, yet discrimination remains a persistent issue despite growing efforts to create a more diverse and inclusive work culture . Anti-discrimination policies exist to protect employees from unfair treatment based on race, gender, age, disability, religion, sexual orientation, and other factors. However, recent data suggests that these policies alone are not enough to prevent bias in hiring, promotions, and workplace interactions. In Fiscal Year 2022, the U.S. Equal Employment Opportunity Commission (EEOC) received 73,485 new discrimination charges—an alarming 20% increase from the previous year. Additionally, 61% of employees in the United States say they have witnessed workplace discrimination, signaling that many workplaces still struggle to enforce fair practices. Antidiscrimination in the modern workplace isn’t just nice to have – it’s a must. Discrimination in employment takes many forms. Retaliation is the most common complaint, making up nearly...
The catalog of one of Hip Hop’s greats, the late Notorious B.I.G., is reportedly up for sale. Various artists have seen massive profits from their music catalogs, including John Legend and Nelly, who sold 50% of his catalog to HarbourView Equity Partners in 2023 for $50 million, as previously reported by AFROTECH™ . That same year, Wiz Khalifa also sold a portion of recorded music and publishing assets to HarbourView, and R&B artist Jeremih followed suit in 2024. The estates of late artists have also sold catalogs. David Bowie’s estate cemented a deal with Warner Chappell Music in 2022 to acquire his 27 studio albums for $250 million, Variety reports . Sony Music Group also acquired half of Michael Jackson’s publishing and recorded music catalog in a deal valued at a minimum of $600 million in 2023, according to Billboard. The Hollywood Reporter states that by 2030 the publishing rights asset class will reach more than $10 billion. Now, it appears that the estate of Notorious...
Former NFL player Marques Colston is making it easier for other athletes to enter the investment space. Drafted into the NFL in 2006 by the New Orleans Saints, Colston had a playing career that spanned more than 10 seasons and included securing a Super Bowl ring in 2010. He earned over $40 million throughout his time in the NFL, per Spotrac. Colston’s NFL career ended in 2015 when he was released by the Saints due to injury, according to the team’s webpage. Champion Venture Partners Today, Colston is still involved with athletes but in a new light. He is the founding partner in Champion Venture Partners, alongside former professional mixed martial arts (MMA) athlete Nick Edwards. The North Dakota-based private equity firm, established in 2024, is making “growth alternative asset investments” accessible to all, according to the firm’s website. “A lot of our team are former athletes, and what you see is there’s a really short time horizon on your athletic career where you have your...
Editorial Note: Opinions and thoughts are the author’s own and not those of AFROTECH™. Peter Drucker, the Austrian management consultant whose writings helped shape modern management theory, once said, “If you can’t measure it, you can’t improve it.” This quote aptly describes the impact of the U.S. Justice Department’s decision to delete the National Law Enforcement Accountability Database. Created under the Biden administration and initially proposed by Donald Trump during his first term, the database was designed to hold federal police accountable for infractions and prevent bad officers from moving between jobs without oversight. By maintaining a record accessible to hiring authorities, the system aimed to improve transparency and accountability. However, the U.S. Justice Department provided no rationale for why it was decommissioned. The reasoning behind this decision may lie in the leadership of the U.S. Justice Department. Pam Bondi, a former Trump’s campaign official and the...
You can now file reports of discrimination based on race or sex to the U.S. Department of Education. According to a press release by the U.S. Department of Education, it has launched a portal called EndDEI.Ed.Gov , which parents, students, teachers, and community members can use to report incidents of “illegal discriminatory practices” at K-12 schools funded by the government. The form requires an email address, the name of the school and district, and a description of the incident. The aim is to ensure that “students have access to meaningful learning free of divisive ideologies and indoctrination.” “For years, parents have been begging schools to focus on teaching their kids practical skills like reading, writing, and math instead of pushing critical theory, rogue sex education and divisive ideologies—but their concerns have been brushed off, mocked, or shut down entirely,” said Tiffany Justice, co-founder of Moms for Liberty in a news release. “Parents, now is the time that you...
After her first business failed, Carolyn Rodz is now making it her mission to help other entrepreneurs succeed. Rodz was an investment banker for JPMorgan Chase between 2001 and 2005, per her LinkedIn. After exiting her job, she ventured into entrepreneurship , but that did not fare well, leading her to reenter the workforce. Although this was a trying time, it did not deter her from entrepreneurship altogether — she launched Cake, a digital media company, in 2009 and exited in 2015 — and it paved a pathway of opportunity for a wider community. “I knew very little about starting a company and my first business failed,” Rodz said in an interview with the “Black Tech Green Money” podcast. “I went back to work, paid off debts, licked my wounds for a bit, started a second company that I ultimately sold, ran it very differently with the lessons that I learned and feel very fortunate that I got to start over again because many people don’t have that opportunity. I was young and single and...
If you’ve grown up in the digital age , you likely have some understanding of how unreliable information spreads across the net. Millennials far and wide have been inundated with enough YouTube troll comments, Nigerian prince emails and “free iPhone” pop-ups to build a healthy skepticism of internet browsing. Now, it seems that this learning curve has become a perennial part of growing up, as Gen Z and Gen Alpha are surmising that social media apps like TikTok are rife with terrible financial advice. New studies from researchers at Intuit Credit Karma estimate that over 77 percent of Gen Z kids are looking to influencers on the short-form video app for money management, while roughly 61 percent of millennials are doing the same on YouTube and Facebook . In order to understand just how damaging these financial words of wisdom can be to a growing audience of youngsters, lets take a moment to briefly run through the data, and see exactly where young people are being led astray. After...
At an early age, Maseray S. Kamara understood the importance of healthcare. Now, she is contributing to the creation of quality care for patients. Her professional journey dates back to Woodbridge, VA where she was raised by parents from Sierra Leone, West Africa. They informed her of various family members , some impacted by sickle cell, which can cause pain, infections, and joint issues throughout the body, according to the National Institutes of Health. These early conversations profoundly influenced her passion for healthcare and the importance of improving access to it. She also credits a science project from her eighth-grade year surrounding heart rates as a pivotal moment in solidifying her career path. In 2008, Kamara’s interest in science led her to Princeton University, where she obtained a bachelor’s degree in molecular biology. After that, she attended Michigan State University’s College of Human Medicine to obtain a medical degree. She successfully completed her...
Fawn Weaver established a scholarship to carry the torch of excellence surrounding Nearest Green. As AFROTECH™ previously reported, Weaver is the CEO and co-founder of Uncle Nearest, a whiskey brand valued at over a billion dollars. The brand was born after she came across a 2016 New York Times article while traveling in Singapore. The article featured an image of Jack Daniel alongside a group of men, with Nathan “Nearest” Green—known as Uncle Nearest—positioned in a way that ensured he wouldn’t be overlooked. In 1864, Green, who was enslaved, began teaching Daniel how to make whiskey in Tennessee. Daniel went on to sell whiskey throughout Lynchburg, TN, and the business formed into the popular brand Jack Daniel’s. Green’s role had been lost over time despite him being the master distiller at the Jack Daniel Distillery and the first African-American master distiller on record in U.S. history. As a whiskey maker, research shows he became the wealthiest African American in Lynchburg,...
Nipsey Hussle’s mantra , “The marathon continues,” lives on through his older brother, Blacc Sam, who has opened a restaurant near the late rapper’s Marathon Clothing store in Los Angeles, CA . Blacc Sam — born Samiel Asghedom — is the permanent administrator of his brother’s estate. In an interview with CBS News Los Angeles, he said Marathon Burger, which had its grand opening on March 1, 2025, reflects Nipsey Hussle’s dedication to uplifting the community around him. “I think [the] Marathon brand, created by Hussle, was kind of like to inspire and to just motivate, and it just means to keep going,” he said. “It’s not a race, it’s a pace, do it on your own. …Anything that we can continue doing in that spirit is always a blessing.” Marathon Burger, located on Melrose Avenue, serves its famous Wagyu beef burgers and wings. The restaurant also offers vegan-friendly options such as a plant-based burger, a portobello mushroom burger, and a grilled vegetable salad. View this post on...
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...
Master P is a multifaceted rapper, record producer, record executive, actor, entrepreneur — and now president of basketball operations. On Feb. 26, 2026, Louisiana’s University of New Orleans (UNO) Privateers announced that the local legend, born Percy Miller, was joining them in this new role. As a former college basketball player, Miller, 54, has spent the past two decades coaching the sport. During that time, his Amateur Athletic Union team, “P. Miller’s Ballers,” won three national championships, and he coached future NBA players Demar Derozan , Brandon Jennings, Lance Stephenson, and Jalen Suggs, the news release notes. “As a kid growing up in New Orleans, I can honestly say that basketball changed and saved my life,” Miller said. Despite his significant success in the music industry, Miller said he finds the most fulfillment in coaching the next generation of basketball players and giving back to his community. He asserted that UNO used to have one of the best basketball...
Rémy Martin has unveiled a limited-editions cognac collection honoring the legacy and influence of Hip-Hop culture. According to a press release, the V.S.O.P. “This is My City” limited-editions collection features four unique bottle designs, each paying homage to iconic cities and their distinctive influence on contemporary culture: Atlanta, pushing boundaries; Chicago, home of lyrical legends; Detroit, the birthplace of Motown and resilient beats; and New York City, the birthplace of Hip-Hop. Courtesy of Rémy Martin Along with launching the collection, Rémy Martin introduced its inaugural “This is My City” microgrant initiative to support emerging creatives contributing to their local culture and communities through entrepreneurship. Emphasis will be placed on recipients whose work shapes conversations within their industry and community, pushes boundaries, and displays originality and authenticity. The regional microgrant initiative will award $20,000 grants and one-on-one...
The Supreme Court appears to be in favor of lowering the standard for what is required to prove job discrimination when it comes to people who are white, straight, or male. According to The Washington Post, a discrimination lawsuit had been filed in 2020 by Marlean Ames. She had previously been employed at the Ohio government agency managing juvenile corrections. Ames says her position was given to a young gay man in 2019. Then someone else she considered less qualified later received a promotion that she thought she deserved. Ames is a heterosexual white woman and stated that this person was a lesbian. The lower court did not see enough evidence to prove job discrimination had taken place, therefore it ruled against her. For those from majority backgrounds, more evidence is required to show proof that discrimination in the workplace occurred. However, a ruling in Ames’ favor could lead to more “reverse discrimination” lawsuits, Reuters notes. A strong defense would be that majority...