Showing 76 results for:
australia
Popular topics
All results
Despite retiring from the NBA after an illustrious 19-season career, Carmelo Anthony’s impact on the sport is set to continue in a significant way. According to Andscape, Anthony will become the new ambassador of Australia’s National Basketball League (NBL) and owner of one of the league’s future expansion teams. The NBL is the premier basketball league in Australia and New Zealand and currently has 10 teams. While the location of the future expansion team remains a mystery, National Basketball League President Larry Kestelman and Carmelo Anthony are set to forge a strategic partnership to determine the ideal spot for a new team. “He is someone whose vision for the game is global and has influence to help young players actually succeed and get ready for the big stage of the NBA,” Kestelman told the outlet about the deal. “We’re going to work for him to look at the right place, the right team to get involved with, where he can influence a lot of individuals, help them grow, and...
In February 2018, Jeremy Lee — an Australian man — was fired from his job after he refused to use the company’s new fingerprint scanners to sign in and out of work. Now, Lee has won a groundbreaking appeal against his former employer, Superior Wood Pty Ltd. Lee filed a suit with Australia’s Fair Work Commission, alleging that he had been unfairly fired. According to Business Insider , the commissioner who originally reviewed the case sided with Superior Wood: “Lee filed a suit with Australia’s Fair Work Commission in March 2018, claiming he was unfairly dismissed from the company. The commissioner reviewing the case in June ruled in favor of Superior Wood, concluding that the fingerprinting policy was reasonable and therefore employees were obliged to comply.” However, Lee decided to appeal the decision. His claim centered around appealing to privacy laws, by stating nobody could force him to give up his biometric data. According to the court document : “At the heart of the matter...
Recently, the Australian government introduced a tough new bill to “prevent the weaponizing of social media platforms” by holding social media executives responsible for violent content on their platforms. Under the proposed law, social media platforms that fail to “expeditiously” remove “abhorrent violent material” (such as terrorism, murder, and rape) are subject to punishment. This can include a fine amounting to 10 percent of the companies’ annual earnings and executives could also be imprisoned for up to three years. In a press release , Australia’s Prime Minister Scott Morrison said: “Big social media companies have a responsibility to take every possible action to ensure their technology products are not exploited by murderous terrorists. It should not just be a matter of doing the right thing. It should be the law.” Any platforms who become aware of violent content on their sites are required to notify the Australian Federal Police. If they don’t, they could face fines up to...
Google continues to build on its commitment to invest $1 billion in Africa’s digital economy. As AFROTECH™ previously reported, Google announced on Oct. 6, 2021, that it would focus on supporting the continent’s tech sector over the next five years to make the internet more accessible. “Today I’m excited to reaffirm our commitment to the continent through an investment of $1 billion over five years to support Africa’s digital transformation to cover a range of initiatives from improved connectivity to investment in startups,” Google CEO Sundar Pichai said during a virtual event held in 2021, per TechCrunch. Fast forward to 2024, and the tech giant has already invested over $900 million since the announcement and expects to reach its goal by 2026, according to information shared on its platform. Its most recent investment includes participation in a $90 million funding round for telecom solutions provider Cassava Technologies, one of Google’s partners in building the first subsea...
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...
Mike Tyson has invested in the plant-based food sector. According to a press release, Carma HoldCo , the parent company of cannabis brand Tyson 2.0, has made an investment in Mr. Charlie’s Told Me So (TMS), a quick-service plant-based restaurant. Co-founded by Aaron Haxton and Taylor McKinnon, the restaurant offers “Not a Hamburger” patties, Tindle-based nuggets, and “Frowny Fries,” among other menu items. Thanks to the investment, Mr. Charlie’s TMS, which already has locations in Los Angeles, CA; San Francisco, CA; and Sydney, Australia, is set to reach even more customers globally as part of the plant-based movement. View this post on Instagram A post shared by Mr.Charlie’s Told Me So (@mrcharlies) Furthermore, Tyson views the investment as a prime opportunity to promote healthy alternatives, aligning perfectly with his personal values. As a longtime follower of a vegan lifestyle, he is especially excited about this venture. “Mr. Charlie’s is a natural choice for Carma Holdco, as...
Almost everyone is familiar with the mermaid branded barista coffee chain offering a premium brew with faux Italian charm. Founded in 1971 in Seattle, Starbucks Coffee has long since been an international sensation. From humble beginnings at its flagship store in Pike Place (the first Starbucks location), to outposts in far-flung locales around the world, almost everyone is familiar with Starbucks. Today, Starbucks boasts over 38,000 locations serving more than 80 countries with its signature brews and even customized treats unique to the cultural tastes of each region. From airports to hotels, dabbling in the venture capital world , and even consumer packaged goods for coffee lovers to enjoy favorite items at home, there’s no stopping this iconic brand. And this leads to the inevitable question, just how much is Starbucks’ net worth — or in the case of a business, market cap? Humble Beginnings Starbucks Coffee logo is seen in Manhattan, New York, United States of America, on July...
At 6’10” tall, Ben Simmons is a force to be reckoned with both on and off the basketball court. He’s been playing in the NBA for almost a decade now, although injury has kept him away from playing more than one season. After the drama surrounding his departure from the Philadelphia 76ers and failure to play more than a few games since being traded to the Brooklyn Nets , basketball lovers are curious about what the Australian will have to offer this season. According to the athlete’s agent, he’ll be a “full participant” at the latter team’s upcoming training camp scheduled for Oct. 1. As The Score notes, Simmons has only made 57 appearances since being acquired by the Nets in exchange for former MVP James Harden. All eyes are on the 28-year-old as he gears up for what could be his first great performance in years. Simmons Looks At Home On America’s Basketball Courts, But He’s A Long Way From His Native Country (Photo by Quinn Rooney/Getty Images) Ben Simmons was born on July 20,...
As lavish as it might seem being born into Hollywood royalty, there’s a lot of pressure on the shoulders of nepo babies . Siblings Jaden and Willow Smith know this all to well, as their parents Will and Jada Pinkett Smith have been walking red carpets and causing controversies at award shows for decades. Though they got involved in the entertainment industry as children (Willow’s acting debut was in 2007’s I Am Legend alongside her father), the brother-sister duo has made a point to carve out their own lane instead of following in their parent’s footsteps. While she’s an undeniably talented musician, there’s been talk of Willow Smith’s college plans over the years, suggesting she could take a hiatus from the studio to pursue other fields. The 23-year-old comes from an affluent family, but still, she’s made a name for herself as a singer, actress and visionary. Her first single, “Whip My Hair” blew up in 2010; in 2024, Smith continues to impress on her Empathogen LP, which Vogue...
Shaquille O’Neal had one favor to ask his son Shareef after becoming Reebok’s president of basketball. Shaq’s Return To Reebok As AFROTECH™ previously reported, Shaquille’s history with the athletic footwear and clothing brand began in 1992, the year he was also drafted to the NBA. He released shoes such as the Shaq Attaq and Shaqnosis, but in 1998 he chose to walk away from the $40 million deal to start his own brand with Walmart so he could offer more affordable shoes for kids. In October 2023, he returned to Reebok sporting a new hat as its president of basketball. He is now responsible for the company’s basketball category strategy and nurturing partnerships with athletes and organizations. Shaquille quickly got to work, playing a role in Angel Reese opting to sign a name, image, and likeness (NIL) deal with the company, while she was attending LSU. Even after being drafted to the WNBA by the Chicago Sky, Reese’s relationship with the brand has only progressed as she now has her...
HBCUs, an acronym for Historically Black Colleges and Universities , are a transformative educational experience. Getting to be surrounded by peers who look like you within walls that foster black excellence is a priceless gift. HBCUs exist to give Black Americans access to the education and opportunities they were once excluded from. Historical figures from Kamala Harris and Dr. Martin Luther King Jr. to Oprah Winfrey and Langston Hughes have each attended HBCUs. This lends to them making a major impact in culture and society. This is especially true for HBCUs in Texas. While states all over the country are home to over 100 HBCUs, Texas is home to nine of them . Whether you’re scouting for yourself or someone else, here’s what to know about each Texas HBCU and weigh your options. Top HBCUs In Texas: Prairie View A&M University Prairie View A&M University is the top-ranked HBCU in Texas for its academics, sporting impressive graduates like U.S. Congresswoman Sheila Jackson Lee and...
New beginnings are on the horizon for Kevin Ford. As AFROTECH™ previously reported, Ford worked at Burger King and had never missed a day of work for 27 years. The company awarded his years of service with a goodie bag that included a movie ticket, candy, a Starbucks cup, a lanyard, two pens, and two keychains. However, when a video of him receiving his gift went viral, social media users believed that was not enough to reflect Ford’s years of dedication. So, supporters started contributing to a GoFundMe campaign that one of his daughters had created to help him afford a travel ticket to visit family. The campaign had reached more than $212,000 by June 2022. “I just can’t believe this. Thank you, thank you, everybody,” he expressed at the time during a “TODAY” interview with his family. “I just want to tell everybody out there, ‘Thank you for every cent.’ Just the thought of watching the video and just having a reason to smile. I want to thank everybody.” He continued: “There’s been...
Gabby Thomas is a force to be reckoned with. Olympic Champion The track star and Harvard University alum just won her first gold medal at the 2024 Olympics for the 200-meter sprint on Aug. 6, 2024. She finished with an impressive time of 21.83 seconds, NBC News mentions. “You prepare for this moment and train so hard for this moment, but when it actually comes, it’s indescribable,” Thomas, 27, told the outlet. “I never would have imagined in my wildest dreams that I would become an Olympic gold medalist, and I am one. I’m still wrapping my head around that.” View this post on Instagram A post shared by Gabby Thomas (@gabbythomas) Making History As A Harvard Alum This isn’t Thomas’ first medal on the global stage. She has also earned a silver medal in Budapest, Hungary, at the 2023 World Championships and ahead of the Paris Olympics she won the 2024 London Diamond League, running a time of 21.82 seconds. In 2021, she earned a Bronze medal at the Tokyo Olympics, making history as the...
AJ Nettles wants to work at Apple one day after meeting CEO Tim Cook. The second-year student attending the University of Alabama at Birmingham has affirmed his journey in cybersecurity, one that began at an early age tinkering with computers while living in the small town of Monroeville, AL. “Our family had our first computer near when I was 5, and I really had fun interacting and playing around with it, learning about the internet and things like that,” Nettles told AFROTECH™. “Then I like to play games, so that kind of helped feed back into learning about technology overall, like computer science, and thinking about how it works and stuff. I was first exposed to it when I was young.” By the time Nettles reached the end of his time at Monroe County High School, he gained robotics experience and became more interested in learning about computer science and building technologies. “I had a bunch of different accounts for everything to play my games and email and all that. And I used...
Millions are being impacted by an ongoing global tech outage. What Happened CNBC reports CrowdStrike, “the world’s most advanced cloud-native platform,” triggered a Microsoft operating system issue Friday, July 19, when it sent an update, causing a global outage that disrupted airlines, businesses, global banks, and emergency services. CrowdStrike Response At the time of this writing, the outage is reportedly not believed to be the result of a security incident or cyberattack, according to CrowdStrike President and CEO George Kurtz. “CrowdStrike is actively working with customers impacted by a defect found in a single content update for Windows hosts. Mac and Linux hosts are not impacted,” he wrote on X, formerly Twitter. “This is not a security incident or cyberattack. The issue has been identified, isolated and a fix has been deployed. We refer customers to the support portal for the latest updates and will continue to provide complete and continuous updates on our website. We...