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Giannis Antetokounmpo is expanding his portfolio with a new investment tied to sports. Sportico reports the Milwaukee Bucks superstar is an investor in ScorePlay, an artificial intelligence -powered sports media management platform launched by Victorien Tixier (CEO) and Xavier Green (CTO) in 2021. Its solutions streamline sports organizations’ essential digital workflows by automating the management of photos and short video clips, its website mentions. Features among all its tiers include: Automated ingestion of photos and short videos Unlimitied AI tagging Usage analytics “The idea is to maximize the distribution, both on your own social channel, but also distributing the content to your athletes, who are your best storytellers,” Tixier told CNBC. ScorePlay had already attracted the attention of Kevin Durant and Rich Kleiman’s 35V family office, as well as Eli Manning, notes the outlet. Most recently, it has closed a $13 million Series A round led by Harry Stebbings’ 20VC, which...
Kendrick Lamar received mixed reactions from the public over his Super Bowl LIX halftime performance — but it led to a nearly 175% increase in Spotify streams across the United States. According to an Instagram post shared by Spotify on Feb. 10, 2025, several songs from Lamar’s halftime setlist experienced significant boosts. “Not Like Us” — the popular Drake-aimed diss track released in May 2024 — saw a 430% increase, followed by “HUMBLE,” which rose 300%. “DNA,” which, along with “HUMBLE,” is from the 2017 album “DAMN,” experienced a 260% increase. “Luther,” performed with SZA, and “tv off,” featuring lefty gunplay, both experienced a 170% increase in streams. SZA also benefited from the performance, with an 80% increase in her Spotify streams. View this post on Instagram A post shared by Spotify News (@spotifynews) Exactly one week after winning five Grammy Awards — bringing his total to 22 — Lamar performed 10 songs at Super Bowl LIX on Feb. 9, 2025, including five tracks...
Jim Reynolds is leading a vegan beverage brand that generates millions and is backed by notable athletes. Reynolds’ journey as a founder began in 1997. He had already spent several years on Wall Street before deciding to launch Loop Capital, a full-service investment bank, brokerage, and advisory firm that assists corporate, governmental, and institutional clients, according to its LinkedIn page. Inc. magazine reports that it is the largest Black-owned investment bank globally. Various deals have landed on the bank’s table, including one surrounding Coco5, a hydration beverage company. Its products are made with balanced sugars and no artificial dyes or flavors. They are also vegan, gluten-free, caffeine-free, and non-GMO. Inc. reports that as a health-conscious person Reynolds had already developed a taste for coconut water by the ’90, and heard about the company in 2011. He would go on to invest in Coco5 in 2015 and join its board. Over the next decade, Reynolds attracted the...
Shaquille O’Neal went several years without spending a dime of his first NBA paycheck. O’Neal’s glory days in the league date back to June 24, 1992. He was drafted by the Orlando Magic as a first-round draft pick, according to ESPN. His initial contract was a four-year deal valued at $17,400,000, notes Spotrac. O’Neal’s talent and charisma made him a sought-after player among companies looking to endorse the young player. In fact, he sustained himself solely through his endorsements until he had his first child, Taahirah, in 1996. “I didn’t spend my first NBA check until I started having children. I had so much coming in, I was like, ‘NBA money over there, and I’ll just live off endorsement money,'” he said during a 2022 interview with Gayle King on “CBS Mornings.” When he became a free agent, he signed with the Los Angeles Lakers, ultimately leading to three national championship rings. He earned his fourth with the Miami Heat in his 14th career year. Beyond his success on the...
Editorial Note: Opinions and thoughts are the author’s own and not those of AFROTECH™. Corporate companies have gutted and targeted diversity, equity, and inclusion (DEI) programs throughout 2024. As we head into 2025, efforts to reverse these changes will only increase. DEI programs have been the center of several political battles since Republicans wrongfully came to attack critical race theory. Just as conservatives have a woeful misunderstanding of critical race theory and where it applies, DEI has become a buzzword associated with the aforementioned cultural wars. What Is DEI? DEI initiatives are implemented in schools, businesses, and government agencies to address inequities within historically marginalized groups. According to Erica Foldy, a professor at NYU’s Wagner Graduate School of Public Service, initiatives could include training, organizational policies and practices, and organizational culture. DEI isn’t just a rule or legislation created for organizations to pat...
New beginnings are on the horizon for Jay-Z’s Marcy Venture Partners. Founded in 2018 by Jay-Z, Jay Brown (former CEO of Roc Nation), and Larry Marcus (managing director at Walden VC), the venture capital firm invests in media, technology, products, and services that are culturally relevant and push boundaries, according to its LinkedIn profile. Its portfolio includes at least 24 companies, such as: Wheels (electric transportation company) Hungry Marketplace (food tech company) Savage X Fenty (lingerie brand) Spatial LABS (sLABS) (tech incubator) Madison Reed (beauty brand) Partake Foods (allergy-friendly food company) “Aligning with Marcy Venture Partners assists with our vision for elevating the youth as it relates to access and a means to true technological empowerment. The lasting impact of this relationship is not simply defined by the work we’re doing now, but by the immeasurable impact for generations of creators to come,” said Spatial LABS Founder Iddris Sandu at the time....
A handful of Michael Jordan memorabilia has sold for millions. According to the Chicago Sun-Times, a jersey worn by the former Chicago Bulls star during a 45-point game in the 1996-1997 season sold for $4.7 million at auction. This met expectations, as the auction house Sotheby’s had projected it would sell for between $4 million and $6 million. “One of the finest Michael Jordan jerseys ever to come to auction, MJ wore this road-red jersey for 5 months and 17 games during the Chicago Bulls legendary 1996-1997 championship season,” Sotheby’s commented on Instagram. View this post on Instagram A post shared by Sotheby's (@sothebys) Brahm Wachter, Sotheby’s head of modern collectibles, commented to the Chicago Sun-Times: “This jersey symbolizes not just Michael Jordan at the height of his celebrity and prowess, but also a pivotal moment in basketball history. Today’s results highlight the enduring strength of the game-worn market, especially those pieces associated with Michael...
The bright minds of Ne’Kiya Jackson and Calcea Johnson have accomplished a new feat! As AFROTECH™ previously reported, the duo made headlines in 2023 for proving the Pythagorean Theorem without circular logic. The theorem had not yet been proven by mathematicians in more than 2,000 years. “Calcea and Ne’Kiya explained it to me like this: Basically, trigonometry is based on Pythagoras’ Theorem (A^2 + B^2 = C^2, sound familiar?), so using trigonometry to prove Pythagoras’s Theorem is what’s known as circular logic,” a WWL-TV reporter said at the time. Their discovery occurred during a school math contest created by the pair’s high school math teacher, Mr. Rich, at St. Mary’s Academy, in New Orleans, LA, an academic paper states. The contest included a $500 prize. “There was a bonus question that was to create a new proof of the Pythagorean Theorem,” Johnson told PEOPLE. “Ne’Kiya and I were the only two to do the bonus question in the whole school.” They presented their results to the...
Charles Barkley isn’t putting his eggs in one basket. Barkley is currently working under TNT, widely known for his contributions as one of the co-hosts of “Inside the NBA.” His future at the network was in question after it was announced TNT would lose their rights to the NBA, as AFROTECH™ previously reported. However, all is well with Barkley who will not only remain with TNT — despite claiming to have left a minimum of $100 million to do so — but is leveling up in the media landscape with the launch of production company Round Mound Media. Variety reports the media company, in partnership with EverWonder Studios, will feature original documentaries, live telecasts, and scripted content. “Round Mound Media is about creating an outlet for my vision to share compelling, original stories meant to captivate audiences across the world,” said Barkley, according to the outlet. “I’ve always looked for projects and relationships that will allow me to be authentic, and hopefully to build my...
Charles Barkley is fulfilling his commitment to a school that has ties to a historic math discovery. As AFROTECH™ previously reported, Calcea Johnson and Ne’Kiya Jackson, who attended St. Mary’s Academy in New Orleans, LA, at the time, found an alternative way to solve the Pythagorean Theorem during their senior year. Without using circular reasoning, they were still able to use trigonometry, which had puzzled mathematicians for over 2,000 years. “Calcea and Ne’Kiya explained it to me like this: Basically, trigonometry is based on Pythagoras’ Theorem (A^2 + B^2 = C^2, sound familiar?), so using trigonometry to prove Pythagoras’ Theorem is what’s known as circular logic,” mentioned WWL-TV 4 reporter Sam Winstrom. The young prodigies had come to this conclusion following a math contest held at their school, which was attached to a $500 incentive. “There was a bonus question that was to create a new proof of the Pythagorean Theorem,” Johnson told PEOPLE. “Ne’Kiya and I were the only...
Charles Barkley claims to have left a considerable amount of money on the table to remain with TNT. The former- basketball -player-turned-television-host joined the network back in 2000, and viewers have since watched his take on “Inside the NBA” alongside Ernie Johnson Jr., Kenny Smith, and Shaquille O’Neal. In 2022, Barkley extended his commitment to TNT, signing a 10-year $210 million contract, according to Front Office Sports. His impact in the field has been valuable to the network and media landscape earning him four Sports Emmys and leading to his induction into the Sports Broadcasting Hall of Fame, CNN reports . However, recently the future of “Inside the NBA” was brought into question when it was announced TNT may lose media rights to the NBA. USA Today reports the NBA did, in fact, decide to move forward with “a long-term arrangement with Amazon” because TNT Sports’ parent company, Warner Bros. Discovery, did not match Amazon’s offer. The NBA said the move would go into...
Two Black women are entering into business to help other Black- and woman-owned businesses thrive. Aya House According to Crain’s Detroit Business, Nina Love and Tequion Brookins are opening Aya House, a 3,000-square-foot co-working space that will be a home to other businesses. The founders also will donate a portion of monthly proceeds to a nonprofit. The space will be located at 2055 Gratiot Ave in the Eastern Market area of Detroit, MI, and open towards the end of August. The founders are fueling the venture with their background knowledge as well as their respective experience in hospitality (Love’s The Love Experience) and event production (Brookins’ Tequion Brookins LLC). It will also be supported through a $130,000 investment from the founders in addition to a $40,000 cash grant from Motor City Match. As for what customers can expect, there will be monthly and annual memberships available. Additionally, private events can be held at the location for a rate of $300 per hour,...
Serena Williams learned money management early on in her teens. Thanks to her father, Richard, Serena has received a wealth of knowledge to apply to the business landscape. In fact, during an interview on Bloomberg Originals’ “The Deal” podcast, hosted by Alex Rodriguez and Jason Kelly, she recalls receiving substantial checks from companies including Puma. Per Andscape, Serena had reportedly received $13 million over a five-year period with the apparel brand. What’s more, the task of managing those earnings fell entirely on her. “Literally, my first checks from whether it was Puma, like I got these huge checks. [My dad], he’s like, you figure it out. We had to figure it out,” Serena said on the podcast. “I’m literally living at his house in the bedroom next to Venus. I was 16 and he’s like, you know, most parents, you know, they take your money. They take something. But you know, he’s like, ‘You figure it out.’ And so I remember having to figure that out and having to learn how to...
Former pharmacist Brittney Mikell will be making history in her next chapter. WCCO-TV reports Mikell exited her role in pharmacy after experiencing burnout. She then decided to purse her passion in brewing and landed a role as an assistant brewer at La Dona Cerveceria in Minneapolis, MN. “I didn’t feel like I was making the impact that I really wanted to in healthcare,” Mikell explained to Eater Twin Cities. “I woke up one day and realized that this could be a really cool place where I could make an impact. You only really live once, so I decided, let’s just pivot — why not?” Mikell maintained bigger aspirations while working at La Dona Cerveceria, referring to herself as “a huge dreamer,” per WCCO-TV. She plans to become the first Black woman to own a brewery in Minnesota. This is significant as just 1% of breweries in the U.S. are Black-owned, Essence reports. Additionally, of the 200 breweries in the state, few are owned by women or people of color, WCCO-TV mentions. “The...
The Smart Tech Health Hub will be making its way to Miami, FL. According to a news release provided to AFROTECH™, $4 million has been awarded to the S.E.E.K. (Seeking Education Empowers Knowledge) Foundation Inc., a nonprofit launched by Anike Sakariyawo, in order to make that possible. The foundation, which focuses on STEM education, community involvement, and health and wellness for children ages 3 to 18 plans to open the four-story building in Opa-Locka, a suburb of Miami. This will facilitate access for residents, children, and their families to STEAM education, workforce re-entry programs, and broadband service, dismantling existing entry obstacles. The hub will also provided basic essential health services. Its presence is being described as “the first of its kind in the city” as there has not been a technical facility in the area nor a high school. “The partnership with the Miami Foundation’s Digital Equity Collective program has been pivotal in advancing this initiative,”...