His inauguration is still weeks away, but since championing the 2024 election , Donald Trump has been making his presence felt across America. The East Coast native has big plans to implement changes across the nation, from teaming up with Robert F. Kennedy on health initiatives to making cryptocurrency more accessible. On Monday, Nov. 18, it was revealed that Trump Media & Technology Group (DJT) is in “advanced talks” to acquire Bakkt (BKKT), a well-established crypto exchange company not long after the president-elect launched his World Liberty Financial initiative. The former is majority-owned by NYSE parent company Intercontinental Exchange (ICE) which is led by CEO Jeff Sprecher, husband of former Georgia Senator Kelly Loeffler, who was also co-chair of Trump’s inaugural committee . Neither Bakkt nor its future potential owners have confirmed the Financial Times ‘ reports just yet, but there have been notable jumps in both stocks since the rumor mill began turning this week....

Civil rights leader Rashad Robinson and actor Kendrick Sampson had a much-needed conversation at the AFROTECH™ Conference 2024. During the fireside chat “We’ve Voted, Now What?,’” on Nov. 15, the two activists led a compelling discussion around post-election and reclaiming our power through infrastructure. Robinson served as the president at Color of Change for 13 years and is currently a board member of the Edward W. Hazen Foundation. With his expertise, Robinson shared his thoughts on what true power looks like for communities of color and the realities of who benefits from the lack thereof. “We have to get clear about power to know what we will do next,” Robinson shared. “When I think about power, I very much think about the ability to change the rules. Far too often, we mistake presence for power. Presence is visibility, awareness, retweets, shoutouts from the stage, etc. For example, we can sometimes think that a black president means that we’re in a post-racial world. Or when...

Mathew Knowles has made a name for himself in the business world without the help of investors. Entrepreneurship In His DNA The businessman was seated center stage during the Building Wealth Today for Tomorrow Financial Empowerment Summit held at the UIC Forum in Chicago, IL, on Oct. 12, 2024. The event is designed to connect the community to tools, resources, and conversations that encourage the desire to create long-term wealth . “Bringing Mathew Knowles to our summit reflects our dedication to teaching real, sustainable wealth-building principles,” said Melissa Conyears-Ervin, the city’s treasurer . “His focus on generational wealth and self-funded success aligns with our goal of helping Chicagoans achieve true economic mobility. At the Treasurer’s Office, we believe everyone deserves access to the knowledge and resources to build wealth on their own terms, creating a legacy that will benefit future generations.” Photo Credit: Antwan Collins Knowles is well regarded as the...

If you’re a major country music fan, you may already be intimately acquainted with Kane Brown. The country music singer , who is currently preparing for the release of his fourth studio album The High Road , has turned many heads with his inventive songwriting, charming personality and media appearances in everything from Nickelodeon’s All That to reality competition series The X Factor . Brown currently touts a listenership of over 15 million monthly active users on Spotify alone , with chart-topping tracks such as “Miles On It,” “What Ifs” and “Heaven” serving as his biggest records. Like many modern musicians, Brown marketed himself through social media and the internet without the assistance of the major music labels, making him something of an indie darling to his growing fanbase. Since Brown has been such a hot topic lately, it only makes sense that fans would be wondering about his current net worth. Though the singer is still a rising star, it seems that he has already...

Unless you were born yesterday, you surely have at least some awareness of iconic 20th century musician Elvis Presley. Even if the King of Rock and Roll has no place on your Spotify Wrapped , you’ve surely heard your fair share of hit songs, catchphrases and impersonations over the years. The singer, often known by his first name alone, was responsible for revolutionizing the landscape of music throughout the 1950s and beyond, enthralling millions of listeners around the globe with his hypnotic blend of provocative dance moves and infectious vocal inflections. Today, his musical stylings are obviously quite dated, though it can’t be overstated just how much Elvis Presley propelled the culture of rock and roll into the mainstream. Though the singer has been deceased for nearly half a century, his legacy still lives on to this day, largely in the form of music biopics like 2022’s Elvis and the recently released Netflix documentary Return of the King: The Fall and Rise of Elvis...

Queen Latifah is helping a Black woman-owned soul food restaurant receive a well-deserved blessing. During a taping of “Street You Grew Up On,” hosted by actress Kerry Washington, it was revealed that Latifah selected Newark, NJ-based Vonda’s Kitchen to receive a $10,000 financial award. The investment is made possible through a partnership between fintech platform Intuit QuickBooks and Washington, aimed at fostering discussions around entrepreneurship, community, and mentorship. As part of the initiative, featured guests are given the opportunity to select a small business to receive funding, according to information shared with AFROTECH™. As a Newark native, the selection was full circle and Latifah emphasized its importance, believing the funds would be well-used under the leadership of owner Vonda McPherson. According to the company website, McPherson transitioned into entrepreneurship after a corporate career with Fortune 500 companies, opening her first restaurant in 1988....

Navigating the job application process and getting your career off the ground can be tricky, especially if you’re uncertain whether a position you’re interested in is still open. To make matters worse, the labor market is pretty tight right now, with unemployment remaining low at around 4.1% for the month of October. As for total job openings, they’ve actually declined slightly over the past year, down 1.9 million from last September and now sitting around 7.4 million total openings. In a tough market, any little things you can do to get an edge is worth considering. Asking about the status of a job shows initiative and keeps you informed about potential opportunities. Here’s how to inquire respectfully and professionally. Research First Before reaching out, check the company’s website and job posting platforms to confirm whether the position is still listed. Some organizations update their listings regularly, while others may leave old posts online. If the role has been removed or...

Gold, one of the oldest and most valuable assets in human history, holds a significant position in global finance. Unlike traditional companies with shares traded on stock markets , gold’s market cap refers to the total value of all gold in circulation worldwide. How Gold’s Market Cap Is Calculated The market cap of gold is derived from its above-ground supply, which includes gold stored in central banks, private reserves, and jewelry. Current estimates place this supply at around 244,000 metric tons . Bear in mind, however, that the total amount fluctuates from source to source by as much as 20%. We arrive at the market cap figure by multiplying this quantity by the current gold price per ounce (approximately $2,600 per ounce in 2024). Gold’s market cap fluctuates based on two primary factors: changes in the global supply of gold and shifts in its price due to demand dynamics. Various economic conditions, including inflation, currency strength, geopolitical uncertainties, and...

Michael Jordan has invested in a VC firm aiming to align itself with multiple unicorns. Sportico reports that Jordan has invested an undisclosed amount in the fourth fund of Courtside Ventures, a firm focused on the sectors of sports, media, entertainment, technology, and gaming. According to Crunchbase, the firm was founded by Deepen Parikh and Vasu Kulkarni. With over $200 million in assets under management, Courtside Ventures’ portfolio includes companies such as Veo (hardware and software subscription); Winzo (social gaming); The Athletic (sports media brand); and Betty (social casino platform), among others. “When we started Courtside in 2016, we did so out of desperate market need,” a statement from Courtside Ventures’ blog post reads . “Not only was there no venture fund that focused on sports, but existing VCs would run to the hills every time they saw a sports deal. This left entrepreneurs constantly having to look for alternate sources of funding, mostly from the very...

Sometimes, the perfect collaboration starts with genuine interest and collaboration. As founder and CEO of the award-winning ad agency Walton Isaacson, Aaron Walton’s career exemplifies the mastery of leveraging celebrity and influencer partnerships to elevate brands to new heights. Walton’s impressive portfolio spans iconic collaborations, from the Spice Girls’ November 1997 campaign with Polaroid to Michael Jackson’s enduring partnership with Pepsi. Most recently, he helmed Beyoncè’s partnership with Lexus during her “Renaissance World Tour.” Walton’s work on some of the most creative advertising campaigns has made him an expert in the field. He shared his keys to success with attendees during the AFROTECH™ 2024 Conference. “Something as a brand that is important, when you’re looking at connecting with a celebrity, you have to make sure that you do your homework and make sure your cultural values are aligned,” Walton told AFROTECH™ following his session “The Art of Brand...

Middle schooler Eniola Shokunbi is making a significant impact in classrooms. Shokunbi, then a fifth-grade student at Commodore MacDonough STEM Academy in Middletown, CT, was tasked with developing a solution to address future pandemic challenges in collaboration with her classmates, Shoppe Black reports . This inspired the creation of an air filter system designed to combat COVID-19 and cold viruses within classrooms, as reported by NBC Connecticut. “The air goes through all the sides,” Shokunbi explained to NBC Connecticut. “And it comes out of the top, so it filters in and out.” Her device, which cost $60 to make, is composed of a box fan, four furnace filters, duct tape, and cardboard. The Environmental Protection Agency (EPA) in North Carolina further validated the invention. “It showed that the air filter removed over 99% of viruses in the air,” Shokunbi told NBC Connecticut. “And that it was effective.” Shokunbi and her classmates installed the air filters, which have been in...

Nothing is more significant in this life than the love of a mother. Renowned musician will.i.am took a moment to shed light on how his mother’s sacrifices led to his success today during the AFROTECH™ 2024 Conference, Nov. 13-16. The innovative producer, visionary artist, and founding member of the Grammy Award-winning music group Black Eyed Peas opened up about his humble beginnings in a session on the main stage titled “CollaborA(I)te: Empowering Creative Connections.” “I remember my mom was like, ‘Wait, put your clothes on. You go up here to get our food stamps. Sit in this line to get this cheese.’ When you’re in the projects, and that’s your reality, standing in line to get government services, and you’re there and you’ve got dreams and you’re like one day, I want to move my mama out of these projfts, and you come outside, and your best friend that you grew up with is no longer with you because he got shot and you want to dream different — that’s where I get ambition from.”...

Since Donald Trump came out on top in the 2024 election, the news has been flooded with headlines about how the New York native plans to run the country during his second term. With another dramatic leadership shift from Democratic back to Republican, Americans are anticipating a lot of change to come. Despite the chaos that ensued during his first time in office, there seems to be one thing Trump had to offer that most everyone wants more of – stimulus checks. Per Fox 5 DC , there’s been a sudden increase in social media posts claiming American taxpayers in some states will receive $2,000 or more from the government. This isn’t the first time in 2024 these claims have circulated, and they only seem to be growing more popular in wake of Trump’s presidential campaign and victory. Internal Revenue Service Has No Apparent Stimulus Plans (Saul Loeb/AFP via Getty Images) As you might recall, during the COVID-19 pandemic, the IRS offered three stimulus checks to support taxpayers and keep...

Angel Reese plans to retire her mother. Reese, born in Randallstown, MD, on May 6, 2002, to Michael Reese and Angel Webb Reese,  has grown into an influential athlete, already making her mark in the WNBA by holding the record for most single-season rebounds — before being surpassed by A’ja Wilson. Reese’s athletic genes come from her parents , both of whom played basketball in college. Her mother, Angel Webb Reese, played for the University of Maryland, Baltimore County (UMBC) and was inducted into its Athletics Hall of Fame, notes Today. She also had a professional career in Luxembourg. Michael Reese played at Boston College and Loyola University (Maryland) before competing overseas in Luxembourg, Austria, and Portugal, mentions USA Basketball. “My whole family played basketball. My aunts played basketball, my brother plays basketball, my grandparents played basketball. So, it kind of was like, ‘You’re gonna do this,’” Reese told Just Women’s Sports. Unsurprisingly, Reese picked up...

Socium has raised new funding to expand its reach within Francophone Africa. The company, founded by Samba Lo (CEO) and Serigne Seye (chief operating officer), began as a recruitment website before scaling to offer HR solutions for businesses, notes TechCrunch. Per its LinkedIn, company offerings include: Payroll management Workflow management Performance evaluation Document management “Our customers started to ask us if we had solutions for payroll, time management, and performance management. So, we decided to build a global HR platform to help HR teams manage all their processes,” Lo told TechCrunch. Thanks to Socium, more Africa-based companies can now launch their businesses within a matter of weeks in the French-speaking countries. The company also leverages artificial intelligence to vet CVs and create job descriptions, TechCrunch notes. “Focus on people means focus on performance, their evaluation and competence, and career path for each individual,” Lo added. “And for this...