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Editorial Note: Opinions and thoughts are the author’s own and not those of AFROTECH™. Americans aren’t the only ones prepping for another tedious four years under President-elect Donald Trump. Since the results of the 2024 election projected Donald Trump as the winner, tech leaders from companies like Meta, Amazon, OpenAI, and others have shelled out seven-figure investments to Trump’s inaugural fund. According to CBS News, Amazon founder Jeff Bezos has donated $1 million and plans to stream the inauguration on Prime. Meta, the parent company of Instagram and Facebook, will donate $1 million, along with OpenAI CEO Sam Altman, who delivered an optimistic statement about the President-elect’s election win. “President Trump will lead our country into the age of AI, and I am eager to support his efforts to ensure America stays ahead,” Altman said in a statement, per The Associated Press. Elon Musk, CEO of X, Tesla, and SpaceX, and general pop culture menace has been a lurking presence...
The merry-go-round is meant to spin a person into a euphoric experience, going into a repetitive motion until they reach peak joy. Although this concept is fun for many children, the proverbial merry-go-round of life is much less enjoyable in adulthood. The consistent pulling back of diversity, equity, and inclusion (DEI) initiatives feels just like that: a repetitive cycle of the same thing, wondering when it will all end. The latest announcement of organizations rolling back DEI comes out of North Carolina. According to Inside Higher Ed, the University of North Carolina (UNC) state system voted to ban DEI policies and offices. Passing with a 22-2 vote, the ban calls for state institutions to cut funding and eliminate positions related to DEI across the system’s 16 campuses. In its place, the system will roll out a “equality within the university” policy that ensures balance across the system, claiming that previous policies did not align with the state system’s culture of...
According to the Associated Press, Atlanta, GA-based venture capital firm Fearless Fund “faced tough questions from conservative judges” on Wednesday, Jan. 31, as it fought for its grant program to further support Black-women-owned businesses. As AFROTECH previously told you, Fearless Fund was hit with a lawsuit by Edward Blum and his American Alliance for Equal Rights (AAER) group in August 2023 on the basis that the fund was carrying out “explicit racial exclusion” and violated the Civil Rights Act of 1866.
By Freada Kapor Klein, Founding Partner of Kapor Capital and Allison Scott, CEO of Kapor Foundation The Supreme Court’s decision banning affirmative action in higher education on June 29, 2023, is part of a larger series of organized attacks on momentum and progress towards racial equity, particularly in the tech industry–including the lawsuit and recent injunction against Fearless Fund, for alleging racial discrimination and temporarily halting the VC firm from awarding its grants exclusively to Black female entrepreneurs; lawsuits against Perkins Coie and Morrison Foerster for their diversity law fellowship programs; the overturning of the Small Business Association’s focus on minority businesses; 13 State Attorneys General threatening Fortune 100 companies regarding their DEI programs and initiatives; legislation in Texas and Florida banning DEI offices in higher education and restricting related courses; backlash against organizational diversity statements; and tech diversity...
The United States of America seems to be at a consistent inflection point. From media-heavy events to moments of social unrest, there appears to be a pervasive tone that seeks to divide humanity rather than unite. While some would look the other way, hoping society will self-correct itself, other organizations and companies proactively work to create environments and cultures that champion justice through diversity, equity, and inclusion. UnitedHealth Group is a part of that work, intentionally implementing programs and initiatives that support and uplift their employees regardless of some societal status quo. UnitedHealth Group (UHG) created a strategic framework for advancing diversity rooted in recruitment tools, building cultural competencies, and continued education for equity and inclusion tools. For UHG, diversity, equity and inclusion (DEI) is a business priority. This working prodigy includes vast representation across demographics, including Black/African American,...
Reaching back and pulling others forward is essential to ensuring equity in corporate spaces. And that is precisely what the Black Executive CMO Alliance (BECA) was created to do. BECA was founded by veteran Chief Marketing Officer (CMO) Jerri DeVard. With decades of experience across several organizations, DeVard understands what it means to be one of the “only ones” in a space as well as the importance of having diverse perspectives at the table. Making sure the seats are filled with the right people, BECA works to amplify Black voices and create a pipeline that works to move emerging leaders into C-Suite positions.
Editorial Note: Opinions are the writer’s own and not those of AfroTech. The values that a company upholds are an integral part of its very DNA, and reversing Diversity, Equity, and Inclusion (DEI) efforts can greatly impact how companies attract and retain talent. Companies who want to attract and engage Black, Latino, and underrepresented talent and consumers, must build a culture founded on values that permeate every part of the business. Amidst ongoing news of layoffs, inflation, and economic uncertainty, many businesses have made the unfortunate decision to scale back on DEI efforts. These initiatives should not be considered an afterthought, but rather an essential piece of an organization’s culture helping businesses attract and retain talent, boost innovation, and drive growth. Company culture is increasingly important to employees – and can be a deciding factor for those considering quitting or choosing a new job. Whether that means creating inclusive environments, adopting...
The question that is sure to come up when talking about an event is, “Who all gone be there?” While it’s typically asked in jest, it’s usually posed to determine if a person would want to attend the event or how long they should stay there. For the people at asset management firm BlackRock Inc., the answer to that question would not include a majority of Black and brown people. Bloomberg reported that Black and Latinx leaders are quitting rapidly, despite “meeting diversity goals.”