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Major companies have quietly removed insights related to diversity, equity, and inclusion (DEI) from their annual reports. NPR’s analysis discovered that at least 12 of the nation’s largest companies erased DEI references in their annual reports, most of which were filed within the last two weeks. The companies revealed were Disney, Google , GM, GE, Intel, PayPal, Chipotle, Comcast, 3M, Regeneron, Philip Morris, and Pepsi, which prides itself among investors for its belief that a “culture of diversity, equity, and inclusion is a competitive advantage” in 2024. According to CNBC, Amazon is another company that has followed suit. Its 2024 annual report referenced “inclusion and diversity” under a section labeled “Human Capital.” “As we strive to be Earth’s best employer, we focus on investment and innovation, inclusion and diversity, safety, and engagement to hire and develop the best talent,” the 2024 report read. That section was updated in 2025 and now reads, “We strive to be...
Giannis Antetokounmpo is expanding his portfolio with a new investment tied to sports. Sportico reports the Milwaukee Bucks superstar is an investor in ScorePlay, an artificial intelligence -powered sports media management platform launched by Victorien Tixier (CEO) and Xavier Green (CTO) in 2021. Its solutions streamline sports organizations’ essential digital workflows by automating the management of photos and short video clips, its website mentions. Features among all its tiers include: Automated ingestion of photos and short videos Unlimitied AI tagging Usage analytics “The idea is to maximize the distribution, both on your own social channel, but also distributing the content to your athletes, who are your best storytellers,” Tixier told CNBC. ScorePlay had already attracted the attention of Kevin Durant and Rich Kleiman’s 35V family office, as well as Eli Manning, notes the outlet. Most recently, it has closed a $13 million Series A round led by Harry Stebbings’ 20VC, which...
HBCU graduates Terry Comer and Khalil Thompson have secured new funding for their work in the NIL space. In 2021, the pair, who had an interest in college sports, united to launch NIL FanBox, marketed as the only “university-approved, player-endorsed recurring collectibles platform.” It works by sending sports fans 100% authenticated collectibles from their favorite college athletes. Its website mentions that the curated box includes three to five signed collectibles, a “Golden Ticket,” exclusive player merchandise, and digital authentication. One of its partnerships, with The University of Texas at Austin, resulted in the Longhorn FanBox, which is valued at $199 each football season and energizes fans by including “ultra-rare” collectibles and “behind the moment” interviews. Photo Credit: NIL FanBox While NIL FanBox certainly benefits fans, it also supports athletes by allocating a portion of its revenue back to them. NIL FanBox returns more than 30% of its revenue to participating...
Dawn Staley continues to offer a guiding hand to basketball star Aliyah Boston. The pair first teamed up at The University of South Carolina. Staley serves as the school’s head coach of women’s basketball and is currently signed to a historic seven-year contract that has made her the highest-paid head coach in NCAA Women’s Basketball, as AFROTECH™ previously reported. Boston played under Staley’s leadership from 2019 to 2023. Together, they won one national titles against the University of Connecticut in 2022, notes NBC-10 Philadelphia. Boston’s collegiate career would position her as the school’s all-time leader in overall rebounds, offensive and defensive rebounds, blocked shots in SEC games, double-doubles, and triple-doubles, among others, according to the WNBA. She is also a four-time SEC Defensive Player of the Year, two-time National Player of the Year, and two-time SEC Player of the Year. Throughout it all, Staley has remained front and center as a fan even as Boston...
Coco Gauff has invested in women’s basketball. Unrivaled is a 3-on-3 basketball league announced in 2023 and founded by WNBA stars Napheesa Collier and Breanna Stewart. Each player participating in its first season was granted equity in the league, setting a precedence in sports. “For years, women have relied heavily on off-court sponsorships for a majority of their income,” Stewart said in a press release shared with AFROTECH™ . “With Unrivaled , we’re revolutionizing the game by prioritizing investments in our stars and ensuring their on-court performance is reflected in their pay.” Collier added: “With the growing popularity of women’s basketball and the WNBA, this is an opportunity for us to extend our visibility into the traditional basketball season. Breanna and I set out to create a league that would change the way women’s sports are viewed and ultimately how sports leagues operate. We may have had the vision, but this isn’t just our league – it belongs to the players, and...
The future is bright for top high school prospect Anicet “AJ” Dybantsa Jr. The No. 1 recruit in the class of 2025, AJ Dybantsa has already caught the attention of NBA great Kevin Durant , who is impressed by his skill set and has no doubt he will one day be drafted into the NBA. “I got to know him two summers ago between his sophomore and junior year in high school. He came to work out with us. I was impressed by his size and fluidity as a player, his ballhandling. He was shooting jump shots well. He’s got the body type to become a pro in this league for 20 years. It is good to be around him. He has a lot of energy, too,” Durant told Andscape. While there appears to be a foreseeable path towards the pros, Dybantsa will first be taking his talents to college. According to The Athletic, he has committed to Brigham Young University (BYU) located in Provo, UT. He also is the school’s first 5-star recruit, notes KUTV 2 News in Salt Lake City. View this post on Instagram A post shared by...
Aaron Samuels has revealed his roadmap into the venture capital space. Samuels, co-founder and former chief operating officer (COO) of Blavity — w ho now leads a venture capital firm Collide Capital — has worn various hats in a career that spans more than a decade. He was a performance poet who spent nearly 10 years traveling and went on to secure roles as a director of operations (Dialogue Arts Project); senior associate consultant (Bain & Co.); and product manager (TeleSign) between 2011 and 2016, his LinkedIn mentions. For the next seven years, Samuels helped co-found Blavity Inc., a platform catering to Black Millennials and Gen Z amplifying areas of entertainment, politics, technology, and culture. It was created alongside Morgan DeBaun (CEO), Jeff Nelson (now COO), and Jonathan Jackson. Serving as the COO laid the footprint for Samuels’ foray as founder and managing partner of Collide Capital, which was founded in 2022 alongside Brian Hollins to provide resources, operational...
James Harden hit the jackpot thanks to an investment decision influenced by the late Kobe Bryant. During an interview on the “Earn Your Leisure” podcast, the basketball star revealed that Bryant suggested creating a pool of money dedicated to investments, including sports drink company BodyArmor. As previously reported by AFROTECH™ , Bryant had invested $6 million in BodyArmor back in 2014. “Kobe basically was like ‘W e going to put a stash of $5 million and then any like business opportunities — it might be as little as $200,000, it might be $500,000 just depending on what, you know, what investment it is. But we going to put a pot together and we just going to invest our money,’ rest in peace before he passed away,” Harden explained to “Earn Your Leisure” hosts Rashad Bilal and Troy Millings. “ But BodyArmor was the beginning of that, and we seen how it is.” While it is unclear what Harden’s direct contributions were, the investment into BodyArmor was a smart move. In 2021,...
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...
Dwayne Johnson decided to fire his agents because he saw the bigger picture. Johnson first put his name on the map as a professional wrestler, inspired by his father, Rocky Johnson, who had a legendary resume within the sport and was honored as a WWE Hall of Famer. “I think I’m going to like professional wrestling,” Johnson remembered, according to a conversation with GQ. “So we fought. [My dad] didn’t want me to get into it. And then I wound up having the career that I had. And he was proud. But he also wrestled with a lot of my success, and I know that as his son.” Johnson would later find a commonality between wrestling and acting. He revealed to GQ that he pivoted attention towards Hollywood, understanding that he could still reach the masses as an actor. “When I got into the business of Hollywood and moviemaking, it’s like, ‘Okay, well, what kind of movies do I want to make? I want to make movies that hopefully are good, that don’t suck. But also reach as many people as...
If you spent any time tuned in to the 2024 Paris Olympics , you likely recognize the name Noah Lyles. The 27-year-old sprinter has made numerous headlines for his incredible athletic performance and earned numerous championship medals and special honors for his dynamic speed. Those interested in learning more about Lyles’ intense training regiment can find him appearing in several documentaries as of late, including the upcoming second installment in the Netflix original series, Sprint: The World’s Fastest Humans . Noah Lyles also hosts a documentary-style vlog on his personal YouTube channel under the title “Grassroots,” which sees him outlining his track and field skills, showcasing his warmups and even exploring his diet and other contributing factors to his epic performance. The world champion runner is also making headlines lately thanks to his prolific social media presence , which sees him taking on challenges such as a foot race with noted streamer IShowSpeed. Since Noah...
Chpter, an AI-powered company based in Kenya, has secured significant funding. Chpter Launched in 2022 by Mesongo Sibuti (chief technology officer), Kuria Kevin (chief product officer), Mark Kiarie (chief operating officer) and Tesh Mbaabu (CEO), the conversational commerce company allows businesses to scale their revenue — on platforms such as WhatsApp, Instagram, and TikTok — by up to five times through features that include automated abandoned cart recovery, post-purchase chat messages, and automated responses through chatbots, per its website. “We are thrilled to pioneer the social commerce revolution, starting in Africa, as more and more consumers turn to social channels such as WhatsApp, Instagram, Facebook, and TikTok to communicate and purchase from the brands they love.” Mbaabu, co-founder of Chpter, said in a post shared on Medium. “Specifically, WhatsApp’s role in business communication cannot be overstated. With more than two billion active users, it offers an...
Each time the Olympic Games come around, the world anticipates who will become the next record holder in a particular sport. In the men’s 100-meter race, Noah Lyles snatched the gold medal on Aug. 4, 2024, per NBC New York. View this post on Instagram A post shared by Noah Lyles (@nojo18) Born in Gainesville, FL, Lyles was raised and spent most of his developmental years in Alexandria, VA. According to a Team USA profile, his athletic interest began with gymnastics. However, at age 12, he developed an affinity for track and field, eventually leading him to Seton Hall University in South Orange, NJ. He followed in the footsteps of parents Kevin Lyles and Keisha Caine Bishop, who both graduated from the university in 1995. A Lyles Family Tradition Kevin Lyles was a Seton Hall record holder, once known as the most decorated track and field athlete in Big East Conference history based on an Asbury Park Press report. His athletic prowess led him to be elected to the university’s Hall of...
The Olympic Games present one of the world’s biggest stages and displays of athletic prominence. From basketball to golf and now breakdancing, the Olympics always prove to be a place where people can support the top athletes representing their country. The 2024 Games are in Paris, France, welcoming big names like LeBron James, Coco Gauff, and Sha’carri Richardson. Among those names are players who bring in massive salaries. Their performances in the Olympics showcase their talent and possibly open the door for additional revenue dollars through brand deals and partnerships. Setting Records And Increasing Earnings At The Olympics According to Sportico, the top 20 highest-paid athletes collectively earned about $1.35 billion over the past 12 months ending in June 2024. While this list accounts for some of the most recognizable names in sports, it is exclusively represented by men, and about 65% of the entries are NBA players. Although NBA players dominate the list with 13 entries,...
Kyrie Irving is creating wealth for his father, who has a basketball background through his time at Boston University and in a professional league in Australia. Industry sources confirmed to Shams Charania, senior NBA Insider for The Athletic, that Irving will be signing his father, Drederick, to an endorsement deal with ANTA, a China-based sportswear brand. This also means his father will receive his own signature shoe, marking a first for a professional athlete to provide. Drederick Irving’s shoes are projected to debut as early as September 2024 across Foot Locker stores, a source mentions. Kyrie Irving’s connection to ANTA is the result of the company signing him to a deal in 2023 after he was dropped from his 11-year endorsement dea l with Nike. Per the outlet, he is ANTA’s chief creative officer as well and has the ability to sign collaborators and endorsers. View this post on Instagram A post shared by Shams Charania (@shamsnba) This is not the first time that an NBA player...