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Op-Ed: How Trump's White House Nominees And Appointments Could Impact The Future Of Tech

Editorial Note: Opinions and thoughts are the author’s own and not those of AFROTECH™. President-elect Donald Trump is starting to fill out the list of people who will be closest to him during his second term in office. It was announced that Elon Musk and Vivek Ramaswamy will head an organization called the Department of Government Efficiency , which aims to ensure that tax dollars are being allocated properly and to reduce bureaucracy. DOGE, as it is being called around the internet, will not be a formal body within the government but will instead operate outside of it in an advisory capacity. As Trump and Musk continue to build a closer relationship with one another, we may see Musk’s views pushed through the Trump administration’s actions, and perhaps DOGE is the first iteration of that. While many know who Musk is, Ramaswamy is a lesser-known public figure. Ramaswamy is the founder of Roivant Sciences, a life science and drug development company, and he also ran for the...

Nov 22, 2024

AFROTECH™ 2024 — Angelica Ross Leads A Powerful Conversation On Supporting LGBTQIA+ Talent In Tech

AFROTECH™ Conference 2024 in Houston, TX, was packed with powerful conversations, spotlighting trailblazers across tech, business, and culture. Day 3 of the four-day conference, which wrapped on Nov. 16, 2024, featured several dynamic discussions, including a fireside chat with actress, activist, and tech entrepreneur Angelica Ross . The “Pose” actress led an inspiring talk on creating access and opportunities for LGBTQIA+ talent in tech. Photo Credit: Benjamin Esakof “Unfortunately, what happens is America loves symbols of change and not real change. So they will pluck a few of us out of obscurity and make it look like change is happening. And now everybody who’s trans can kind of live this great life,” Ross shared. “But what you realize is, for the most part, celebrity separates us from reaching it. It no longer seems as accessible. So I have to model from my own experience and with TransTech that I’m someone who became successful. I also have to teeter this line to show what it...

Nov 22, 2024

Giannis Antetokounmpo Launches A Venture Capital Firm Focused On Sports And Entertainment, Backs Women's 3-on-3 League Unrivaled

NBA star Giannis Antetokounmpo has launched a venture capital firm. According to Bleacher Report, the Milwaukee Bucks player has introduced Build Your Legacy Ventures (BYL). The venture capital firm, backed by institutional investors and tech veterans, aims to funnel investments into the sports and entertainment sectors. As noted in a press release, the firm will be “driven by the Antetokounmpo family’s dedication to fostering innovation and entrepreneurship.” “I’m incredibly energized to launch BYL Ventures as a way to give back and support the next generation of visionaries,” Antetokounmpo, founder and general partner of BYL Ventures, said in the release. “This fund is not just about capital; it’s about forging partnerships and opening my network to accelerate the growth trajectory for companies. I want to help other entrepreneurs, especially those who have faced barriers, to grow and succeed. BYL Ventures will be focused on finding people with big dreams and helping them make...

Nov 22, 2024

Former NFL Star Randy Moss Expands Chicken Franchise To Miami, FL, Nearly A Year After Launching A Location In His Hometown

NFL Star Randy Moss is scaling his presence in the restaurant space. As previously reported by AFROTECH™, Moss became an investor in Brittany Tolliferreo’s Philadelphia, PA-based restaurant chain, Chick-A-Boom, in 2023. The Philadelphia Inquirer reported that Tolliferreo reached out to Moss via direct message, and then he later liked a sponsored Chick-A-Boom post in 2022, sparking further conversation. “We got on a couple of Zoom calls, and he came here, tasted the product, and loved it. From there, he became my partner,” she told the outlet. Speaking on the investment in a press release, Moss commented: “I’m a chicken lover. Not only was I impressed by the food, but after hearing Brittany’s story and understanding that a lot of our same goals and morals align, it was only right to invest.” Today, Moss is expanding his involvement in the company, now operating under the name Crisppi’s Chicken. In December 2023, he brought the restaurant to his home state with the help of Tolliferreo...

Nov 22, 2024

Keke Palmer Reflects On Becoming A Millionaire At Age 12 And 'Unrealistic' Expectations Surrounding Money Management That Came With It

Keke Palmer became a millionaire by the age of 12. In 2004, the Chicago native landed her first film role in “Barbershop 2: Back in Business” . Her breakout role came in 2006 with “Akeelah and the Bee” and just a year later, she showcased her acting skills as Mary Thomas in Disney’s “Jump In!” alongside Corbin Bleu. By that time, Palmer’s parents had already hired a business manager—a strategic decision aimed at ensuring financial transparency. “They wanted me to know that they they weren’t the ones controlling my money. They had heard these stories and my mom said I don’t want money to come in between me and my child,” Palmer said on “Club Shay Shay.” Palmer also benefited from a Coogan account, which was designed to hold a percentage of child star’s earnings. She added, “That always was there regardless of anything else.” Palmer also spoke on the intricacies of reaching millionaire status by 12. “I became a millionaire at 12. To expect everybody to have become a millionaire at 12...

Nov 22, 2024

Now A Kitchen Staple, Here's Scrub Daddy's Net Worth In 2024

If you’re at all familiar with the phenomenon of cleantok – the corner of TikTok dedicated to videos of people cleaning their houses – you’ve undoubtedly seen the Scrub Daddy. That is, of course, if the trending sponge isn’t already lurking in or near your kitchen sink. Scrub Daddy, the smiling sponge that revolutionized the cleaning industry, is not publicly traded, making it challenging to pin down an exact valuation. While the term “ net worth ” is often used to describe individuals, for a company like Scrub Daddy, it’s more accurate to talk about its valuation or market value, which reflects the worth of the business based on its assets, revenue, and growth potential.  Here’s a look at what the grinning cleaning icon is worth in 2024. From Humble Beginnings To Household Fame Scrub Daddy was originally designed for industrial use but transformed into a consumer product after founder Aaron Krause realized its potential for household cleaning. The sponge’s unique ability to change...

Nov 22, 2024

What Is The Late, Longtime Bulls Player Bob Love's Net Worth?

Described as “an original Bulls great ” by Chicago Bulls owner Jerry Reinsdorf, Bob Love joined the team in 1968 , two years after the franchise was established in 1966. He averaged an estimated 21 points per game, exhibiting a level of competition and defense that influenced future ballers within the league even after his retirement following the 1976-77 season. His jersey number, 10, was retired in 1994 after 17 years of retirement and nine years dedicated to the Bulls franchise. Love even loved the franchise so much that he got married on the court during the halftime of a game against the San Antonio Spurs at the Chicago United Center in 1995. Now, with his recent passing following a prolonged battle with cancer, fans are wondering about Love’s net worth. Here’s what we know. Astrid Stawiarz / Getty Images Love Came From Humble Beginnings Love grew up in northern Louisiana as one of 14 children and was lovingly referred to as “Butterbean” due to his love for lima beans. His...

Nov 21, 2024

Increase Divine-Wisdom Travels From Nigeria To Be Crowned First-Ever Winner Of 2024 AFROTECH™ AI Hackathon

Increase Divine-Wisdom has been crowned the grand prize winner of the 2024 AFROTECH™ AI Hackathon. And he went great lengths to secure the “W.” Increase Divine-Wisdom traveled all the way from Nigeria to attend AFROTECH™ Conference, held in Houston, TX, where the winner was named. AFROTECH™ hosted innovators on Day 2 who collaborated on solutions for community impact, leaving with the tools to drive change in their industries and communities. Increase Divine-Wisdom took first place with his user-friendly health management app “designed for people dealing with chronic conditions.” The winner, who himself has chronic inflammatory response syndrome, shared that with the app, individuals are able to track symptoms, mood, and recovery tasks. Increase Divine-Wisdom has expertise in DevOps, CI/CD, machine learning, artificial intelligence (AI), and mobile development. According to his LinkedIn profile, he oversees projects from concept to delivery, utilizing the necessary tools to create...

Nov 21, 2024

Telfar Clemens Says He Turned Down Offers 'When People Wanted A Black Face To Be A Mascot For A Brand That's Not Black-Owned' Around 2020

Founder Telfar Clemens has always resisted conforming to the fashion industry. Divorcing Fashion Industry At Inception Early on, he embraced a bold sense of individuality, developing his own unique style that set him apart. This nonconformity often clashed with the uniform policies of the schools he attended, and he was similarly uninterested in following the traditional dress codes of his Liberian heritage. “I always have been interested in clothes. I’ve always had my own perspective on what I wanted to wear… I come from West African parents. I’m from Liberia and there’s a certain way of how you should dress and how you should carry yourselves and I completely was not with that, ” Clemens mentioned on “The Breakfast Club.” In 2005, Clemens introduced the world to Telfar, a New York-based unisex fashion brand designed to stand apart from the traditional fashion industry. From the outset, he distanced himself from the industry, viewing it as too closed-minded to embrace the...

Nov 21, 2024

Hair Veteran Cliff Vmir's Beauty Brand FEMMÉ Is Bringing In Nearly $100,000 Monthly With The Help Of TikTok Shop

Cliff Vmir continues to build on his success as a seasoned hair stylist. Turning His Passion For Hair Into A Brand Vmir began showing interest in hair care at 8 years old. However, at 14, when his parents separated, he fully committed to his passion. This allowed him to financially support his mother, who had been out of work for three months due to a knee replacement. “It wasn’t until my mom and my dad split up completely, when I was 14, that I was able to kind of go in full-throttle and understand that this isn’t something that I wanna just play around with. This is something that I can make money from,” Vmir told AFROTECH™ in an interview. “It’s crazy ’cause it’s something that I love to do… I also feel like with my mom and my dad splitting up, it was just kind of something that financially I wanted to help my mom. So not saying that I was forced into it, but I felt like it was only right for me to just use what I have to get what we need, and I was able to kind of help support...

Nov 21, 2024

AFROTECH™ 2024 — While T.I. Is Here For Innovation, He Also Believes Technology Could Never Replace Human Emotion And Here's Why

Technology has undeniably transformed the world as we know it. However, rapper-turned-entrepreneur, filmmaker, comedian, and more, Clifford “Tip” Harris, emphasizes that no matter how far innovation advances, it can never replace the human emotions that ignite creativity. During the 2024 AFROTECH™ Conference, Harris took the Innovation Stage to discuss technological advancements and how he has remained authentic to himself and the community he has served for over two decades. When he first arrived on the scene in 1996, he befriended fellow Atlanta rapper Big Kuntry King, selling mixtapes out of the trunk of their cars in hopes of making it big. Initially, he was known to the world as Tip before changing his stage name to T.I. Today, aside from music, his portfolio includes filmmaking, restaurateur, and more. As one of the trailblazers of trap music, he is also the founder of Atlanta’s Trap Music Museum, an interactive cultural space that celebrates the history, evolution, and impact...

Nov 21, 2024

AFROTECH™ 2024 — Maryland Governor Wes Moore Believes Innovation And Technology Are The Blueprint For Equitable Economic Growth

In January 2023, Wes Moore became Maryland’s first Black governor as well as the 63rd person to serve in the state’s highest seat. Since his election, Moore has proposed several initiatives that his administration believes improve the overall quality of life for the state’s residents. During AFROTECH™ Conference 2024, Nov. 13-16, Moore brought some perspectives to the Innovation Stage , joining Jeff Nelson, co-founder and COO of Blavity Inc., for a fireside chat called “Work, Wages, and Wealth: State-Led Innovation, Inclusion, and Impact.” While there he discussed navigating Maryland’s political shift after a Republican administration and how his “work, wages, and wealth” mantra drives equitable economic growth. A core part of Moore’s administration is also working to fulfill his vision of making Maryland an innovation hub. Moore and his team have been building out that innovative approach since before the most recent election results. “We’ve been battle planning no matter what the...

Nov 21, 2024

How To Choose A Career When You're Unsure Where To Start

Choosing a career can feel like a monumental decision, but breaking it down into manageable steps can make the process less overwhelming and more fulfilling. It’s a journey of self-discovery, research, and planning that aligns your interests, skills, and values with professional opportunities. For those still in university, this can even impact your studies when it comes to choosing a major. About 25% of college students surveyed by BestColleges reported reconsidering their chosen field frequently. Choosing a career comes down to choosing what you want to do presumably for the rest of your life. It’s not unusual to feel a bit of pressure. Thankfully, there are a few ways you can narrow down your choices and learn how to choose a career. Reflect On Your Interests And Strengths Start by identifying what genuinely excites you. Consider activities or topics you enjoy in your personal life and at work or school. Are you drawn to creative tasks, analytical problem-solving, or helping...

Nov 21, 2024

Angel Reese's Former Agents Said She Wouldn't Make More Than $2K In NIL Deals, Today She's Shattered Those Expectations

WNBA star Angel Reese has exceeded the expectations of her former agents. During a panel discussion at ComplexCon 2024, Nov. 16-17, in Las Vegas, NV, the Chicago Sky player looked back on the discouraging advice she received from her former agents, who had low expectations for her success with name, image, and likeness (NIL) deals. “I used to be with an agency, and I’m not with the agency anymore,” the 22-year-old explained on the panel, moderated by Speedy Morman , according to Complex. “And initially when I was with the agency, that specific agency told me I was never going to make over $2,000. … And that was when NIL first started.” Reese would prove those agents wrong. She has secured a slew of NIL deals with companies that include: Wingstop McDonald’s Raising Cane’s Amazon Sonic Bose Banter by Piercing Pagoda TurboTax Xfinity JanSport Outback Steakhouse In April 2024, her NIL valuation had reached $1.8 million, notes The Street. Reese is now working with new agents, Jeanine...

Nov 21, 2024

Brothers-Turned-Founders Gained The Trust Of Nas And He Invested In Their Startup

Working side by side, Ameer Brown and his brother, Anthony, have made strategic strides as founders. Ameer and Anthony trace their roots to a Jewish hospital in Queens, NY, on Long Island. From a young age, rapper Nas, also from New York, was an influential figure in their lives. In their later years as founders, that admiration would come full circle. The pair, both HBCU graduates , lead Breakr—a company empowered by technology that fosters collaboration between artists, labels, brands, and creators to create successful social marketing campaigns, its website mentions. Breakr removes barriers to entry, welcoming users at any stage of their journey and supporting them with AI-powered deal presets, contract templates, and automated payment processes. “At the end of the year, our clients don’t have to do 1099s and tax compliance paperwork with thousands and thousands of influencers that they’ve contracted and worked with across the year…So they’ll make it easy for you to get the...

Nov 21, 2024