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Congresswoman Barbara Lee Rings The Alarm In An Open Letter Amid Major Layoffs Of Black Tech Employees

The current job market has people on a roller coaster of expectations. With shifts across several industries, layoffs have been a large part of the uncertainty many people have experienced in the present landscape. The tech industry, particularly, has faced much criticism during this frustrating time as many of the tech giants announced major layoffs disproportionately affecting BIPOC individuals and women. The trend has become so pervasive that U.S. Congresswoman Barbara Lee has led the charge in calling out the impacts of the layoffs.

Dec 29, 2023

Before Free Marie Was Making Waves In Hip-Hop, She Was A 'Lonely Only' In The Tech Industry

August 2023 marks the 50th anniversary of hip-hop — a genre that has since become a billion-dollar industry beloved by people across the globe.

May 31, 2023

Vice Media, Clubhouse, Paper Magazine Become The Latest To Announce Major Layoffs And Organizational Pivots

Growing up, you likely heard the phrase, “If it ain’t one thing, it’s another,” or “There’s always something going on.” The deeper you get into adulthood, the more phrases like those become a reality. And the current state of the job market is prime evidence. Since late 2022, companies have been announcing significant layoffs that have affected thousands of people. As 2023 began, those announcements seemed to pick up, especially regarding big tech. While the people affected by layoffs feel it the most, companies have noted the challenges and tough decisions it required to take these steps. Recently, Vice Media, Clubhouse, Paper Magazine, and Dropbox have become the latest major organizations announcing employment changes.

Apr 28, 2023

These Innovative Co-Founders Aim To Help Students Earn Six-Figure Salaries In Tech With Their College-Alternative Program

As the world changes, particularly regarding income and wealth, traditional school curriculums are a significant discussion point. Many argue whether or not more practical and innovative approaches to K-12 curriculums are necessary to prepare students for the future of work. Since many public schools are riddled with bureaucracy from governmental and quasi-government stakeholders, change can be slow and sometimes tedious. However, some schools, mainly in the charter and private spaces, are proactively moving toward more innovative approaches that center equity and prepare their students for the future they desire. The Marcy Lab School in Brooklyn, NY, is an example of one of these approaches, creating an alternative path for students interested in tech.

Mar 29, 2023

Practical Steps To Consider Before Becoming A Salesperson In Tech

The old saying goes, “it takes money to make money.” That sentiment is usually engrained in the idea that much economic success does not occur without some investment. But how does investment happen? A straightforward answer to that question is sales. Many of a particular generation remember when someone in our family sold a home good or cosmetic product (shout out to all the Mary Kay reps). This was likely the first introduction to the sales industry. But beyond the aunties that were hustling their products, sales have always existed in and around people. From big corporate companies to nonprofits and the tech industry – securing contracts, partnerships, and investment is a result of the work of people who are a part of sales teams. While the job market is all over the place, the sales industry is positioned to remain intact. But it does not come without challenges. Due to the potential for professionals to have lucrative careers, the demand for the industry has been consistent...

Feb 9, 2023

Exclusive: Black Ambition Opportunity Fund CEO Felecia Hatcher Talks Closing The Wealth Gap To Kick Off Black Future Weekend

Black Future Weekend, a three-day conference promoting equity in tech , is here. View this post on Instagram A post shared by Black Future Weekend (@blackfutureweekend)

Jun 24, 2022

Here's Why Elon Musk Says His Estimated $44B Twitter Deal Is 'Temporary On Hold'

Twitter and Elon Musk have been at the center of many conversations over the last several weeks. From declining membership on Twitter’s board to its controversial acquisition, Twitter and Musk have now introduced the world to the next saga of their rocky relationship. In a tweet, Musk wrote that he put the multi-billion-dollar deal on a temporary hold after a report revealed that the social media network contained less than five percent of fake or spam Twitter accounts.

May 13, 2022

Blake Stanton's Quiktract App Eases Money Conversations & Makes Freelance Projects A Breeze

If you do any type of freelance or contract work, this millennial just made your life a whole lot easier! As a football star turned tech guru, Blake Stanton is the visionary behind the Quiktract app, designed to give his peers a safe space while they’re sitting among corporate tables. The enterprise venture app was created specifically with entrepreneurs in mind as it allows freelancers the opportunity to connect, create amenable contracts, and secure payments all in one place. Since 2019, the app has combined the ease of a marketplace with the lead, contract, and payment tools that entrepreneurs need to easily manage their work. It offers a layer of protection for both freelancers and service providers as they work together on various projects.

Nov 26, 2021

One-Year-Old Crypto Startup Ejara Raises $2M To Aid Francophone Africa

According to a report, two percent of global cryptocurrency transactions are currently housed in Africa — an alarming statistic for a continent housing over one billion people who serve as the demographic for the smallest cryptocurrency market in the world. On a mission to change this, TechCrunch reports Nelly Chatue-Diop founded Ejara to serve as a cryptocurrency and investment platform within Francophone Africa. Little did she know, a financial crisis she experienced at a young age due to the devaluation of the CFA franc in 1994, would lead her to launch the tech company, which would provide additional avenues to accumulate income. Now — just about a year after its launch — Ejara has raised a $2 million seed funding round led by CoinShares Ventures and Anthemis Group. Other participants included angel investors Pascal Gauthier of Ledger and Jason Yanowitz of Blockworks along with a syndicate social fund, Lateral Capital, Mercy Corps Ventures, LoftyInc Capital and NetX Fund.

Oct 7, 2021

Dice's Q2 Tech Jobs Report Found that Tech Employment Opportunities Grew By 16 Percent

There was quarter-over-quarter solid growth in the tech jobs market, with a 16 percent increase in postings in this year’s second quarter. Dice, a tech career-building company, released findings of tech jobs in its latest report. As far as methodology, the company analyzed more than one million tech job postings between April and June 2021 and compared that analysis to the same data collected from January through March 2021. Burning Glass Technologies provided all of the data for Dice to analyze. There was tech job posting growth across locations, occupations, skills and employers in the U.S. from Q1 to Q2. Emerging tech hubs like Las Vegas, Sacramento and Nashville saw the most substantial growth, a press release states, and job postings from the top 50 tech employers remained high. “We are in one of the hottest tech job markets since the dot-com era, as evidenced by the upward trend in tech job postings since November 2020,” Dice CEO Art Zeile said in a press release. “What’s most...

Oct 2, 2021

With Elev8 Ventures, Founder Tunji Fadiora Plans To Take Minority Founders To The Next Level

After attending Florida A&M University for four years, Tunji Fadiora decided to drop out to launch Creative Culture Media in Jacksonville, FL. While working to provide support for small businesses, Fadiora was compelled to enhance his efforts to help entrepreneurs. Designed to cater to Black and brown founders, Elev8 Ventures was launched in 2018. The entrepreneurial community is committed to providing substantial resources to spur development for minority founders. Fadiora wanted to ensure individuals had access to competitive programs not contingent upon their economic status or geographical location. “We are evening the playing field. Resources are very accessible to certain groups of people in certain economic groups but Black and brown founders, people who look like us, are not used to having resources,” Fadiora told AfroTech. “So, we want to focus on the people who need these services more.”

Sep 25, 2021

Tech Startup theCut Raises $4.5M Round To Transform The Booming Barbershop Industry

With over 100,000 new subscribers every month, TechCrunch reports theCut is transforming the landscape for barbers across the country. Founded in 2016 by Obi Omile Jr. and Kush Patel, the tech software is designed to create a more efficient process for barbers and improve the customer experience. “Kush and I both had terrible experiences with haircuts, and decided to build an app to help find good barbers,” Omile said. “We found there were great barbers, but no way to discover them. You can do a Google search, but it doesn’t list the individual barber. With theCut, you can discover an individual barber and discover if they are a great fit for you and won’t screw up your hair,” Omile Jr. shared, according to TechCrunch.

Sep 3, 2021

Google Introduces Campaign Inspired By The Success Stories Of Four Black Women In Tech

In the wake of the social uproar following the height of the Black Lives Matter Movement , companies began taking action to call for change. Companies like Google, specifically, recognized racial bias and social equity were prevalent issues in the tech industry that needed to be solved. As of recent, they are continuing to combat these issues today with the announcement of Google Women’s Techmakers’ new campaign celebrating Black women in the tech industry. The campaign “Black Women in Tech” aims to encourage the future generation by sharing the success stories of Black women pioneers. “Black women are underrepresented in the tech industry, and their contributions are not widely acknowledged and celebrated. The ‘Black Women In Tech’ campaign will highlight the stories, experiences, and expertise of Black women in the American tech industry through things like community stories shared by Black women within and outside of Google,” Google shared in a press release.

Sep 2, 2021

The Dollars And Cents Behind OnlyFans' Decision To Ban Adult Entertainment

Thursday was sad day for fans, rappers, and content creators alike as OnlyFans announced its decision to ban explicit content from its platform. The ban, which will be effective October 1st, 2021, is part of its new policy, which it says it will continue to release details on in the coming weeks. “In order to ensure the long-term sustainability of the platform, and to continue to host an inclusive community of creators and fans, we must evolve our content guidelines,” OnlyFans said in a statement. Content creators on the site already started confirming that they’ll be using alternative platforms to advertise their adult entertainment content. When onlyfans fails you, I have @realFansly follow for my fun stuff — xoAeriel (@xoAeriel) August 19, 2021 Going to analyze the onlyfan situation tonight on Here from a biz perspective -(preview: payment processors are the worst) Also nudity WILL BE ALLOWED even after Oct 1st, so my fans are gonna be HAPPY 😊 — Kaitlyn...

Instagram Tests 'Limits,' A Tool To Combat Harassment In Crisis Situations

Instagram has announced that it will continue to combat harassment on the site with a new anti-harassment tool called Limits. TechCrunch is reporting that Limits will give users the option to “lockdown” their accounts when they’re being flooded with harassing comments. The social media giant says that they were inspired to test out this new feature in the wake of the Euro 2020 final, when the Black soccer players on England’s team were subjected to a flurry of racist abuse in the wake of their team’s loss to Italy. “Maybe you’re in high school and you are going through a breakup or you just switched schools. Or maybe you are a professional footballer and you’re receiving a lot of harassment,” said Adam Mosseri, the head of Instagram, in a statement to TechCrunch, when asked how Limits could be useful in different situations. “Whatever it is, we know that people sometimes are in temporary moments of real risk of pain, and we want to give them tools to protect themselves in those...