Tru Skye Ventures, Co-Founded by Metta World Peace, Backs Fantasy Sports And Pop Culture Platform FanUp In Strategic Financing Round

John W. Rogers Jr. founded the nation’s first Black-owned asset management firm and remains committed to expanding opportunities for other minority groups. Rogers comes from a family who upheld civil rights, fairness, and economic justice, he revealed in an interview with the SIU Paul Simon Public Policy Institute. It would be his father who sparked his interest in finance and economics. When Rogers was 12 years old, he received stocks as gifts for Christmas and his birthday. These included $200 worth of shares from companies such as General Motors and Commonwealth Edison, and he was able to pocket the dividends from those investments. “My dad was very insistent,” Rogers explained in the interview. “He wanted me to learn everything there is to know about the market, so he made me read the annual reports of the companies that were sent out every year, the quarterly reports that the companies would send out in those days, and I’d read about those companies.” His father also connected...

Charles D. King has changed the entertainment landscape for the better. The Journey Born in Harlem, NY, and raised on the outskirts of Atlanta, GA, he showed early signs of being a businessman by selling supplies at school and even cutting neighbors’ grass, CNBC reports . He says his inspiration was his father, who founded a medical practice as a pediatrician. According to Forbes, King originally intended to also pursue a career in the medical field. “Seeing him leave a job to start his own practice. My mother was the first receptionist. It was just amazing watching it, but the other thing was the freedom that he had,” he told CNBC. King would follow that blueprint of ownership, but within the entertainment industry. As a political science student at Vanderbilt University, he showed an interest in recognizing talent. However, his pivot into the entertainment industry came during a two-year stint as a law clerk with a music attorney while at Howard University School of Law between...

Editorial Note: Opinions and thoughts are the author’s own and not those of AFROTECH™. President Donald Trump has gone all in on his tariff crusade, announcing last week a 10% tariff on almost every country with even higher tariffs on specific countries. From beauty and food to car automation , every industry is currently reeling with the stock market dovetailing, and the potential negative aftereffects will be felt for decades to come. However, the now billion-dollar AI industry is at risk of being decimated thanks to Trump’s tariffs. Pro-crypto and pro-AI fanatics have curried a lot of favor with the president, so much so that many of them have been appointed as high government officials to advance America’s standing in the global AI race. Even though Trump has reversed his initial thoughts towards technology, his insistence on tariffs may hurt the AI industry after all. According to Time, AI companies, along with several other industries, lost billions of dollars when the tariffs...

Yale University students Nathaneo Johnson And Sean Hargrow have launched what they call “the first AI social network.” Business Insider reports that the duo was inspired to found Series because vanity metrics, such as likes and follower counts, were becoming a barrier to connection on platforms such as LinkedIn, X (formerly Twitter), and Instagram. “I see it within our generation, the FOMO, the ‘I’m not good enough, I won’t reach out to that person, he’s better than me,'” Hargrow told Business Insider. “Forget your likes, forget your followers, let’s focus on who you are and what you can bring to the table and what you need, and what somebody else can bring to your table if it makes sense.” In 2024, Series was founded with a focus on student entrepreneurs . The platform allows people to chat with an “AI Friend,” whether they’re using an iPhone or Android, to gauge what kind of connections they’re looking for. From there, the AI agent matches them with another Series user who fits...

In 2025, America’s higher education landscape is being reshaped by a wave of federal funding cuts and political pressure from the Trump administration. Universities across the country are under scrutiny, not only for how they handle civil rights issues but also for their participation in diversity and inclusion initiatives. As a result, many schools have already begun scaling back their scholarship offerings , cutting graduate research funding and even laying off staff. This shift marks one of the most significant challenges to U.S. higher education in decades, particularly affecting institutions that rely heavily on federal research grants. With billions of dollars in play and political agendas now influencing financial support, students and faculty alike are facing an uncertain future. The Federal Clampdown On Higher Education (RUT MIIT/Unsplash) The Trump administration’s approach to federal funding has caused ripples across nearly every sector of higher education . Historically,...

A group of students claims a New York school backed by Jay-Z underdelivered on its promise. According to the Gothamist, a group of students is alleging that the Roc Nation School of Music, Sports & Entertainment at Long Island University (LIU) Brooklyn overpromised on financial awards to fund their eduction. Several offer letters the students have received from the school describe incentives such as a “full-tuition scholarship” and “financial grants” that would allow them “to graduate without debt.” However, the letters did not mention that the financial awards would not cover housing costs or certain academic fees, which can add up to more than $22,000 per year. “I am pleased to share that you have been awarded a Hope full-tuition scholarship… This scholarship, combined with financial grants will allow you to graduate without debt. As a Hope scholar, you don’t have to worry about tuition charges,” an email from the school’s academic adviser read. One student, Justice Stephenson,...

The United States Immigration and Customs Enforcement (ICE) has received clearance to request personal information from the Internal Revenue Service (IRS) about undocumented taxpayers. On Monday, April 7, 2025, the Department of Homeland Security (DHS) and the IRS filed a memorandum of understanding (MOU) signed by Treasury Secretary Scott Bessent and Homeland Security Secretary Kristi Noem, according to The Guardian. The agreement gives immigration enforcement officials unprecedented access to help President Donald Trump fulfill his promise of mass deportations as his administration continues to investigate undocumented immigrants still in the country after receiving a final removal order from a judge. “As laid out in the MOU, DHS can legally request return information relating to individuals under criminal investigation, and the IRS must provide it,” per a court filing, which outlines the procedures for making such requests and specifies the role of each agency in accessing the...

Lewis Hamilton has made it his mission to diversify his sport. Hamilton, raised in North London, England, began racing at 8 years old and experienced a lack of representation in the sport firsthand. However, winning created an opportunity for him to feel accepted, he admits in conversation with GQ. “Being the only Black kid on the circuit, struggling at school, really always my big drive was acceptance — ‘If I win the race, I will receive that acceptance in this world,'” he expressed.   View this post on Instagram   A post shared by AFROTECH (@afro.tech) Hamilton began to allocate a lot of his time towards go-karting at a young age with the support of his father, Anthony, who was his mentor and manager, Formula 1 reports. Anthony simultaneously had three jobs at a time to support his son’s driving career. The sacrifice would pay off even within Hamilton’s childhood years. “We won the first six races…Then we just kept going. We kept winning. We kept winning championships,” Hamilton...