JPMorgan Chase is altering the name of what was formerly its DEI program. As AFROTECH™ previously told you, JPMorgan Chase seemingly positioned itself with the stance that it would uphold diversity, equity, and inclusion (DEI) efforts despite pressures from the National Legal and Policy Center (NLPC), a conservative nonprofit organization. There has been a sweeping shift with many companies aligning themselves with policies from President Donald Trump’s administration, which has dismantled DEI programs and initiatives in the federal government through executive orders. “Bring them on,” JPMorgan Chase CEO Jamie Dimon told CNBC at the World Economic Forum in Davos, Switzerland, in January 2025. “We are going to continue to reach out to the Black community, the Hispanic community, the LGBT community , the veterans community.” The following month, JPMorgan Chase joined companies such as Morgan Stanley, Citigroup, Wells Fargo, and Bank of America in removing or toning down language...

Rick Ross has partnered with his dentist to open a clinic in Atlanta, GA. According to a news release shared with AFROTECH™, the rapper is teaming up with Dr. Mario Montoya, who launched his career path after earning a bachelor of dentistry autonomous degree from the University of Manizales in 1991. He later pursued postgraduate studies in oral rehabilitation at the Military University in 2005, his website mentions. Dr. Montoya co-founded Matizz Dental Clinic in 2008, and after a decade, he launched Smiles by Mario Montoya in Colombia. His initial clientele was Puerto Rican urban artists , but his reach expanded, adding Ross, Nicki Minaj, Tiny, Ari Fletcher, Moneybagg Yo, French Montana, and more to his roster. His treatments include root canals, dental implants, gum contouring, and porcelain veneers made using computer-aided design and manufacturing technology. With the help of Ross, Dr. Montoya plans to make his offerings more accessible to people residing in Atlanta, GA. The...

Heavyweight-champion-turned-businessman George Foreman has passed away. NBC News reports the cause of Foreman’s death has not been revealed (at the time of this writing). He was 76 years old. A post on his official Instagram confirmed his passing. “Our hearts are broken. With profound sorrow, we announce the passing of our beloved George Edward Foreman Sr. who peacefully departed on March 21, 2025 surrounded by loved ones. A devout preacher, a devoted husband, a loving father, and a proud grand and great grandfather, he lived a life marked by unwavering faith, humility, and purpose,” the post read. “A humanitarian, an Olympian, and two time heavyweight champion of the world, He was deeply respected — a force for good, a man of discipline, conviction, and a protector of his legacy, fighting tirelessly to preserve his good name — for his family.” View this post on Instagram A post shared by George Foreman (@biggeorgeforeman) Family Foreman is survived by his wife, Mary Joan; six...

Performance review season is underway for U.S. staff at TikTok and its Chinese parent company, ByteDance , with low-scoring employees being forced into a performance-improvement plan (PIP) or offered severance. TikTok conducts employee reviews twice a year, and last year, the company instructed managers to assign more low scores during the review cycles, according to Business Insider. Three current employees told the outlet that accepting a PIP instead of severance is uncommon because it is tough to succeed under a PIP. “They’ll PIP people, and then they’ll hire new people, and then they’ll continue this meat grinder of performance reviews,” one staffer said. The employees reported that the value of the offers varied, with one including a month of “garden leave,” where the employee remains on payroll without needing to work, and an additional one-month severance payout as part of a mutual separation agreement. A TikTok spokesperson confirmed that the company is implementing PIPs but...

If you’ve ever hesitated at checkout, wondering whether you need that grocery haul, electronics upgrade, or self-care splurge—you’re not alone. And Klarna, the AI-powered payments and commerce platform, is betting big on that exact moment of hesitation. Klarna has joined forces with DoorDash and Walmart to give shoppers flexible pay options. These strategic partnerships don’t just mark a shift in how we handle money at checkout—they reflect a deeper story about consumer habits, trust, and the evolving economy in 2025. Klarna And DoorDash Team Up According to an announcement from Klarna, DoorDash customers in the U.S. will soon see Klarna listed as a payment option when ordering from the app or website. This will make it even easier to snag groceries, electronics, beauty items, and even the DashPass Annual Plan without having to pay the full amount upfront. The options? Pretty straightforward and stress-relieving: Pay in full at checkout Pay in 4 equal, interest-free installments Pay...

The efforts of a financial institution created to fund underserved farmers is being put on pause. According to a news release, the U.S. Department of Agriculture (USDA) announced in October 2024 the launch of the Southern Farmers Financial Association (SFFA), a bank that would make it easier for underserved farmers to access funding. Black farmers, in particular, face greater challenges in securing loans and often encounter discriminatory practices, Civil Eats mentions. To create better outcomes, Southern Farmers Financial Association r eceived $20 million in funding through former President Joe Biden and former Vice President Kamala Harris’ Inflation Reduction Act, which would support lending and outreach, hiring full-time staff, and attracting private sector capital. “Every farmer needs affordable financing. Farmers must have reliable and consistent access to capital to be successful,” USDA Under Secretary for Rural Development Dr. Basil Gooden said in a news release. “For too...

Disney shareholders have rejected a proposal that would require it to withdraw from a corporate equality index. According to its website, the Human Rights Campaign Foundation’s Corporate Equality Index (CEI) is intended to uphold LGBTQ+ workplace inclusion through its benchmarking tool that measures “corporate policies, practices, and benefits pertinent to lesbian, gay, bisexual, transgender and queer (LGBTQ+) employees.” “For 22 years, the CEI has served as corporate America’s roadmap for LGBTQ+ workplace inclusion—not as a political statement, but as a framework for building stronger, more competitive businesses where all talent can thrive,” Human Rights Campaign President Kelley Robinson said in a statement shared in its 2025 CEI report. She later added, “The path forward requires courage, commitment, and clarity of purpose. We will continue to serve as a partner on this journey. Together, we’re building not just better workplaces, but a stronger, more competitive, and more...

A portion of Notorious B.I.G.’s estate will now be handled by Primary Wave. As AFROTECH™ previously told you, a deal rumored to be in the “eight figures” was in the works between Notorious B.I.G.’s estate and the music publisher and involved half his publishing and master rights, including his rights to name, image, voice, and “other identifiable characteristics.” Notorious B.I.G.’s estate had been primarily run by his mother, Voletta Wallace, who was instrumental in securing stake from Bad Boy Records. Christopher Wallace, otherwise known as Biggie Smalls or Notorious B.I.G., had been one of the first artists to sign to the label owned by Sean “Diddy” Combs. Bad Boy Records had 50% stake in his songwriting catalog, Variety mentions. Voletta was able to increase the estate’s stake to 85% after arguing it was doing the heavy lifting in securing deals to license and monetize Notorious B.I.G.’s music. She then secured the remaining 15% stake in 2020. “Securing control of my son’s...

Editorial Note: Opinions and thoughts are the author’s own and not those of AFROTECH™. Elon Musk and his DOGE agency continue to make cuts and layoffs across the federal government despite voter’s outspoken opposition. They’ve taken their frustration out on Musk’s electric car company, Tesla, by boycotting the brand. Voters across the country have been attending town halls with both Republican and Democratic leaders to voice their concerns about Musk’s involvement in the federal government as an unelected official. Hundreds of thousands of federal employees have been laid off as a result of DOGE cuts, with several thousand being reinstated as a result of an order from a federal judge . For the past few weeks, protestors have been throwing eggs and vandalizing Tesla cars—especially the cyber truck, which has been ridiculed for its unfinished, robotic appearance. They’ve set fire to Tesla service centers and announced a general boycott of the company. The boycott isn’t just a domestic...

Carmelo Anthony’s intro into solo investing paid off big time. In 2006, Daniel Huang and Shawn Dougherty bootstrapped mStation with a $250,000 investment, developing speakers and cases for iPods and MP3 players, according to Forbes. Within their first year, they generated $1 million in revenue, most of the earnings coming from North America. The founders went on to make some power moves with the help of Carmelo Anthony, who was an active NBA player at the time. Here’s how. The Carmelo Anthony Effect In 2007, Huang and Dougherty acquired Mophie, which was responsible for creating the OG portable battery for iPhones. Forbes notes the pair created a battery-powered case, and Mophie’s revenue scaled from $2.6 million in 2008 to $200 million by 2013. Mophie’s revenue was predicted to reach $1 billion within the next five years. “What we got from them that we didn’t have was a global Apple retail presence, customers in 60 plus countries, and a diversification into the case business,”...

New funding has been raised for an online learning platform helping students avoid the debt of college. Campus was created by Tade Oyerinde, also its chancellor, to provide quality education to students through accredited, career-focused degree programs led by professors from top higher learning institutions such as Stanford University, University of California – Los Angeles , and Howard University. According to its website, Campus offers online associates degrees in business administration and business administration with applied artificial intelligence (AI) concentration to participants nationally. For its Sacramento, CA, campus, it has specific offerings for students in-state such as an associate’s degree in paralegal studies as well as one in AWS cloud administration. This campus also provides certification in medical assisting, medical billing and coding, phlebotomy, technical support, barbering and cosmetology, and other programs for California residents. Furthermore, to...

It appears a four-year partnership between Buy From a Black Woman and H&M has come to an end. According to a press release, the nonprofit, founded by Nikki Porcher in 2016, has partnered with H&M since International Women’s Day in 2021. Together, they have supported 30 Black women through accelerator programs and helped over 15 founders obtain their Minority Business Enterprise (MBE) certification within two years. On its own, Buy from A Black Women has hosted over 100 workshops and trainings, awarded 45 business grants, and provided 20 relief fund stipends to Black women business owners. Between 2022 and 2023, Buy From a Black Woman was able to drive more than $2.7 million in revenue towards Black woman founders. In 2023, Buy From a Black Woman and H&M hosted the The Inspire Tour, which was the brainchild of Porcher since 2019, and it reached various cities including Philadelphia, PA ; Charlotte, NC ; Houston, TX ; Los Angeles, CA; and Atlanta, GA. The aim was to amplify...

The crypto market is surging following a major regulatory shift. According to CNBC, XRP jumped 10% to $2.49 after Ripple CEO Brad Garlinghouse announced that the U.S. Securities and Exchange Commission (SEC) has dropped its case against the company. This decision marks the end of a four-year legal battle that has shaped the industry’s regulatory landscape and fueled speculation about a broader shift in the SEC’s approach. Ripple’s Long-Awaited Victory Speaking at the Digital Assets Summit in New York, Garlinghouse reflected on the drawn-out legal fight, calling it a painful yet necessary battle for the industry. “It’s been almost four years and about three months since the SEC originally sued us, certainly a painful journey in lots of ways,” Garlinghouse said. “I really deeply believed that we were going to be on the right side of the law and on the right side of history.” The SEC sued Ripple in 2020, alleging that the company sold XRP as an unregistered security. Ripple scored a...

If you missed out on your 2021 stimulus payment, there’s still time to claim what you’re owed. According to USA Today, the Internal Revenue Service (IRS) is giving eligible taxpayers another chance to receive up to $1,400 through the Recovery Rebate Credit. Are You Eligible For The Stimulus Payment? You may qualify for this Economic Impact Payment (EIP) if you: Filed a 2021 tax return but did not claim the Recovery Rebate Credit. Have not yet filed your 2021 tax return but do so before April 15, 2025. To check if you’re eligible, review your 2021 tax return. If the Recovery Rebate Credit section is blank or marked $0, you could still receive your payment. Filing before the deadline ensures you receive not only this credit but also any additional refund you may be entitled to. How To Claim Your Stimulus Money For those who already filed their 2021 tax return but didn’t claim the credit, there’s nothing else to do — the IRS began automatically distributing stimulus payments in...

Swizz Beatz is one of the most influential producers and entrepreneurs in the music industry, known for crafting chart-topping hits while expanding his business empire beyond music. His career spans decades, from producing for top artists like Jay-Z and DMX to co-owning major brands and making strategic investments in art and real estate. With multiple revenue streams, Swizz Beatz has built substantial wealth, but how much is he actually worth today? Let’s explore his music career, business ventures, and financial success before revealing Swizz Beatz’s net worth in 2025. Swizz Beatz’s Rise in the Music Industry Born Kasseem Dean in The Bronx, Swizz Beatz entered the music industry as a teenager in the late 1990s. His uncles founded Ruff Ryders Entertainment, and through their connections, he started producing tracks for DMX, Eve, and The LOX. His breakout came with DMX’s 1998 hit “Ruff Ryders’ Anthem,” which became a defining moment in hip-hop. As a producer, Swizz Beatz developed a...