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Just ahead of the holiday, The Obsidian Collection has announced that its consumer-facing digital photo portal will offer rare images of Dr. Martin Luther King Jr. as a non-fungible token (NFT) collection. According to PR Newswire, the images — captured by renowned photographer John Tweedle — feature Dr. King during his historic visit to the city of Chicago in 1966. Tweedle, who became the first African American to be hired by a major newspaper, captured Dr. King in his element as he visited the windy city to challenge slumlords, fight against institutional racism and step to Mayor Richard J. Daley, who served the city at the time. The photos also include a visit where Dr. King spoke to a crowd at Soldier Field and his time attending a fundraiser in support of the Civil Rights Movement during the 60s that was held at the iconic Chicago international Amphitheatre. The fundraiser was attended by big names including the late Sidney Poitier, Harry Belafonte, and Mahalia Jackson....
AfroTech previously reported that LeBron James had a brewing financial venture in the works surrounding entertainment brand SpringHill Company. Now, the speculation is over as the company has revealed it has closed a minority stake sale to a consortium of investors reaching a valuation of $725 million, Variety reports. Investors in James’ SpringHill Company — founded in 2020 by the NBA GOAT and Maverick Carter — include Nike, Fenway Sports Group, Epic Games, and RedBird Capital Partners. “Maverick and LeBron have created an impressive media content platform led by a creative leadership team that has built a unique mission-driven brand,” Gerry Cardinale, founder and executive of RedBird, said in a statement. “Our partnership with SpringHill should enable us collectively to optimize that mission with scalable capital and a business building mentality that will continue to elevate more diverse voices and a drive towards greater empowerment.” With the new investment, SpringHill Company...
A new startup accelerator in Delaware wants to train homegrown innovators. First Founders is expected to launch next month with a focus on empowering Black entrepreneurs, founders from low-income communities, and blue-collar workers. The accelerator is the brainchild of Garry Johnson, a former graduate student at the University of Delaware, who created the accelerator after launching the “ I Have a Dream” pitch competition for Black boys ages 8 to 18. Johnson told Technica.ly he traveled around the country during his Master’s program, which helped him better understand how communities were supporting entrepreneurs. “I had this assumption that people of color and underrepresented entrepreneurs weren’t getting the same access to resources and opportunities as others,” said Johnson . “I also had the assumption that there were people in the community who had ideas, but weren’t always getting the platforms that they needed.” The accelerator has 10 spots available for a 12-session sprint...