Beyoncé’s Cécred is looking to make an impact outside of just the haircare industry. As previously shared by AFROTECH™, the technology-backed company launched in February 2024. Testing was a big proponent in bringing the haircare line that’s “validated by science” to life. “Every hair texture deserves testing, research and development,” Beyoncé told Essence for its… Continue reading Beyoncé’s Cécred x BeyGood Fund Announces Its First-Ever Scholarships And Grants Awardees

TikTok is a social media app that truly requires no introduction. Unless you’ve been in a coma for the last 5+ years, you’ve either used the app yourself, or had extensive exposure to it from friends, family members or reposts on other websites. Now that the United States government is mounting a full-scale attack on… Continue reading How TikTok Launched A $100 Billion Empire On The Backs Of Dancing Teens

Devin Haney has seen great success in the ring, as a world-class boxer with multiple world championship titles. Haney recently received viral attention outside of the boxing world for his pay-per-view WBC super lightweight fight against Ryan Garcia, which picked up tons of steam on TikTok due to Garcia’s erratic behavior in the days leading… Continue reading How Devin Haney Boxed His Way Into A $6 Million Net Worth

With every team she’s played for, Candace Parker’s dominance on the court is undeniable. A multi-time WNBA champion, MVP and Olympic gold medalist, she has redefined expectations for female athletes. A two-time Olympic gold medallist and WNBA MVP, the 38-year-old was selected for the W25 and Top 20 teams in the league, which is a… Continue reading Ahead Of Her Retirement Announcement, Here’s Candace Parker’s 2024 Net Worth

Sony Pictures Entertainment has officially announced its next EVP, Chief Communications Officer, and the move is a major one… a historic feat, if you will. According to a press release shared with AFROTECH™, Tahra Grant will serve in the position, succeeding Robert Lawson who will relocate to the company’s headquarters in Tokyo, Japan as SVP… Continue reading Tahra Grant Is Now The First Black Woman To Be Named Chief Comms Officer At A Major Hollywood Studio

Tiger Woods’ reported payout from the PGA Tour has been revealed. As previously shared by AFROTECH™, the PGA Tour announced its $1.5 billion investment from Strategic Sports Group (SSG), which was launched to allow almost 200 PGA Tour members to become “equity holders” in PGA Tour Enterprises. The grants from the new enterprise hinge on… Continue reading Tiger Woods To Reportedly Receive $100M From PGA Tour Enterprises

Ashley M. Fox has had dreams of working on Wall Street since she first decided to attend Howard University. Little did she know that this vision would soon propel her into entrepreneurship. After conquering what some would deem the inevitable, Fox not only became the first person in her family to attend and graduate college,… Continue reading After Landing Her Dream Job On Wall Street After College, Ashley M. Fox Built Empify Out Of A Desire to Become The Client And Help Others Do The Same

Propel and Southern Company have teamed up once again for a new initiative. The two have joined forces to launch the Propel HBCU Cybersecurity Consortium (HCC), according to a news release. The inaugural consortium was created to further support HBCUs’ cybersecurity curriculums. What’s more, it aims to connect academia, industry, and government. “The dynamic and… Continue reading Propel Partners With Southern Company To Launch The New HBCU Cybersecurity Consortium

Jalen Hurts is helping to tackle an issue that greatly affects the majority of schools in Philadelphia, PA. According to ABC News, the Philadelphia Eagles quarterback donated $200,000 to provide air conditioner units to Philadelphia schools. The donation is set to cover rewiring and changing the infrastructure of the buildings — alleviating overheated classrooms during… Continue reading Eagles Quarterback Jalen Hurts Donates $200K To Bring New Air Conditioning Units To Philadelphia Schools

Kenny Smith has become a familiar face in sports broadcasting, and he’s being fairly compensated for his contributions. His background in sports can be traced back to his playing days on the basketball courts of the University of North Carolina, according to the National Urban League. Upon graduating with a degree in Industrial Relations, he… Continue reading Kenny Smith Earns More As A TNT Host Than He Did In The NBA

Kevin Hart is laughing all the way to the bank. The comedian, actor, and entrepreneur scaled his presence in Hollywood, launching multi-platform media company, HARTBEAT in 2022. As AFROTECH™ previously reported, its launch was supported by a $100 million raise from Abry Partners to support content creation, hiring new teams, and the expansion of existing… Continue reading With A Company Reportedly Valued At $650M As Of 2022, Kevin Hart Says He’s ‘No Longer Just A Comedian’ — ‘I’m An Investment. I’m A Studio’

East Chop Capital has closed its funding and will deploy capital to Black investors. According to a press release provided to AFROTECH™, the private equity firm’s founders and HBCU graduates Calvin L. Butts Jr. and Carrington Carter have closed an $11 million fund, which draws equity investments from 93 limited partnerships, including Liberty Financial Services.… Continue reading East Chop Capital Closes Second Fund Valued At $11M To Create ‘Unique Investment Opportunities’ For Minority Founders

The success of Usher Raymond’s Las Vegas, NV, residency was due to his focus on legacy over profit. During an interview with V-103 Atlanta, the 2024 Super Bowl performer, often crowned with the title of being the “King of R&B,” revealed his initial intentions when he was producing the show that would go on to… Continue reading Usher’s Aim Was To ‘Spend Every Dollar’ On The First Leg Of His Las Vegas Residency, Ultimately Leading It To Generate $100M

If one were to walk down the hair care aisle of any major big box store, there is a high chance Shea Moisture would be on the shelves. With products like shampoos, conditioners, and oils, the natural hair care line has been serving Black and Brown communities for years. But did you know the brain… Continue reading Who Is Richelieu Dennis? Meet The Serial Entrepreneur Behind Shea Moisture Who Went On To Own ESSENCE, Refinery29, And More

Venita Cooper’s passion for sneaker culture has led her to become an entrepreneur-turned-tech-founder. In 2019, Cooper opened Silhouette Sneakers & Art in Tulsa, OK, after working as a K-12 educator in the Mississippi Delta through Teach for America. She was brought to Oklahoma because her parents decided to retire, Cooper told AFROTECH™ in an interview.… Continue reading Meet The Co-Founders Behind Arbit, An AI-Powered Sneaker Resale Price-Prediction Startup That Has Raised $1M In Funding

The “Prime Effect” should not be ignored. Deion Sanders, who first received the nickname “Prime Time” by a former high school teammate — with it later morphing into “Coach Prime” while coaching at Mississippi’s Jackson State University — has the title for earned reasons. The night the nickname was born, he scored 37 points and… Continue reading Deion Sanders On Generating $113.2M In Economic Value From 6 University of Colorado Boulder Home Games — ‘Everybody Making Money’

In his 2017 song, “Legacy,” Jay-Z said, “Generational wealth, that’s the key. My parents don’t have sh-t, so that shift started with me.” This concept, adopted by many people, has been the foundation for helping secure the economic stability of their families. Among those who created that shift, as Jay-Z described, is Terry Crews. Terry… Continue reading Terry Crews Built A Successful Career In Hollywood, But His Wife And 5 Children Are His Personal Leading Cast

Canza Finance’s co-founders are leaning into Web3 to financially empower the African continent. Pascal Ntsama IV and Oyedeji Oluwoye are looking to create “the world’s largest non-institutional-based financial system” through the creation of Canza Finance, the company website mentions. They both share distinct journeys on how they arrived to the company’s inception. For Chief Technology… Continue reading Pascal Ntsama and Oyedeji Oluwoye Have Raised $2.3M In A Seed Round For Their Web3 Neo Fintech Bank Designed To Improve Africa’s Infrastructure

AFROTECH™ Conference is coming back bigger and better! From Nov. 13-16, thousands of Black techies will be coming together once again for the largest annual Black tech conference. This time around, the networking and knowledge sharing is set to take place in Houston, TX. AFROTECH™ Conference 2023 was held in Austin, TX. The experience included… Continue reading Here Are The New Incoming Stages For AFROTECH™ Conference 2024

When it comes to building a healthy social ecosystem in the workplace, camaraderie amongst colleagues is a must. Beyond breakout rooms, holiday parties and company retreats, ice breakers play a fundamental role in letting your employees feel a sense of human connection. Helping coworkers get to know each other better, energize a room, and get… Continue reading 79 Ice Breaker Questions To Warm Up Any Work Meeting