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Gmail users may have been confused when they opened their email accounts and saw pop-ups about Gemini . Instead of Google sending out big “coming soon” announcements about their next-gen flagship artificial intelligence (AI) model, Gmail users just saw a subtle star in the right-hand corner of their screens. With Gemini, ChatGPT and China’s DeepSeek, along with plenty of other programs, it’s clear that AI is sticking around for the long haul. So is it worth newbie investors investing in AI, and how is this possible to do anyway? African-American Investors Are Getting Younger A new report from Financial Industry Regulatory Authority’s (FINRA) confirmed that African-Americans tend to be much younger than white investors, with 49% of African-American investors between the ages of 18-34 while 51% of white investors were ages 55 and older. Growing up in a tech-dominant age, African-American investors are using social media to get their investment education and to learn about trading...
Editorial Note: Opinions and thoughts are the author’s own and not those of AFROTECH™. President Donald Trum p, who was once a cryptocurrency skeptic, has now yielded to many of the industry’s demands, such as easing federal regulations and oversight. From appointing cryptocurrency advocate and former Securities and Exchange Commissioner Paul Atkins to reprise his old role, to launching his own meme coin, Trump has chosen to embrace cryptocurrency . A few years ago, cryptocurrency was touted as the new form of currency. We wouldn’t be using archaic financial currency and stick to this revolutionized way of transactions. Although some people have made a lot of money off of crypto, its intended use as a decentralized banking system hasn’t been realized. Cryptocurrency is still very new, so new that engaging in it feels comparable to gambling. Trump lifting regulations to give cryptocurrency his blessing bodes well for the industry. A day after announcing Paul Atkins as his pick, the...
Farmer, Patrick Brown, has reclaimed the land once owned by his great-great-grandfather, who was also enslaved there. Currently, Patrick serves as the director of farmer inclusion for the social justice nonprofit Nature for Justice, reports Bitter Southerner. He is responsible for ensuring that $1.7 million in funding is allocated to farmers of color in North Carolina by 2029. Brown also serves on the board of the Eva Clayton Rural Food Institute, an organization established to combat food inequities. Patrick’s passion for farming is rooted in his upbringing. At the age of 9, he was already working on his family’s farm in North Carolina, helping to load tobacco. “It would take us about nine hours to fill up two barns,” he told the outlet. His father, Arthur, played a key role in igniting his interest in farming. He passed down stories of their family’s four-generation legacy in agriculture. “He was educating me,” Patrick explained, according to Bitter Southerner. “He would say,...
Many who grew up in the 80s and 90s are quick to associate the nostalgia of heading back to school with the bright and cheery supplies designed by Lisa Frank. The notoriously private artist is best known for crafting lunchboxes, stickers, toys and trapper keepers covered in dolphins, unicorns, pandas and other adorable critters that decorated classrooms for decades. Before she rose to fame, Frank grew up in Michigan’s Bloomfield Hills (one of America’s wealthiest cities ), the daughter of a higher-up in the automotive industry who supported her creative pursuits. “ My dad was an art collector, my mom had a little kiln in our basement and we would make pottery. I think from about age five on, they sent me to art classes, and I was a huge colorer. HUGE. I think to keep me quiet, they would bring the coloring books and crayons, and I would fill up the books,” Frank told Urban Outfitters in a rare interview. She went on to attend Cranbrook Kingswood School with Mitt Romney, then headed...
If you’re tuned in to the world of early 2000s hip hop , or the world of modern Belizean politics, you may already be familiar with the name Shyne Barrow. The former rapper and current Opposition Party leader in Belize’s House of Representatives has one of the most fascinating backstories in all of pop culture and politics. Though he may not be as well known as his contemporaries like Busta Rhymes and Jay-Z, Shyne’s story is finally being told with the recent release of the Hulu original “The Honorable Shyne,” which dropped on the streamer earlier this month. In the documentary, Shyne outlines the untold truth about his time laboring under Bad Boy Records , his lengthy incarceration and his pivot into politics within his home country. Given that the 46-year-old politician has led such a storied life, fans are justifiably wondering about other personal details, including his net worth, investment portfolio and various streams of income. Luckily, we’ve got you covered, with a quick...
Malcolm Jenkins is not slowing down in the fast-casual food space. As AFROTECH™ previously reported, the former NFL player leads Disrupt Foods, a multi-unit franchise developer and operator of quick-service restaurants. According to his LinkedIn, the goal is to create franchising opportunities for Black and brown communities. “If there’s a mission for me and how I’m moving now, what I want to have an impact on is really educating people on the power of group economics. People when they have success, most of the time they do it as a collective family, as a community. Owning businesses in their own communities,” he said. “When you look at [Black communities] we don’t own the majority of the businesses in it. We don’t own homes most of the time. It just continues to push us into pockets of poverty that are harder and harder to climb out of as an individual,” he told WHYY News. Leading by example, he established Disrupt Foods in 2016 alongside his business partner, Joe Johnson. “In 2016...
NFL quarterback Deshaun Watson has made headlines for his on-field achievements and off-field controversies. As one of the highest-paid athletes in professional football, Watson’s net worth in 2024 reflects his lucrative contracts, endorsement deals, and financial investments. Despite facing legal and public challenges, his financial status remains significant in the sports world. In this article, we’ll explore Deshaun Watson’s net worth in 2024, the key sources of his wealth, and how his career has impacted his financial standing. Watson has been in the news quite a lot recently, largely due to the Browns offensive struggles, and most recently, suffering a season-ending Achilles injury that drew a ravish personal defense from teammate and backup quarterback, Jamies Winston, who is, of course, known for his innate talent to go viral and inspire resilience in his teammates. Although Watson’s dealt with his fair share of recent struggles and his 2024 season may be ending early, he’s...
The National Basketball Association (NBA) is not only one of the most popular sports leagues globally, but it is also one of the most lucrative. Over the years, the league’s net worth has surged due to increased media rights deals, sponsorships, merchandise sales, and international expansion. As of recent estimates, the NBA’s net worth, or more accurately, overall valuation sits between $90 billion to $100 billion, making it one of the richest sports organizations in the world. Here, we’ll dig deep into what made the sports franchise a giant in the entertainment industry. Factors Driving NBA’s Financial Success Media Rights Deals One of the primary drivers of the NBA’s net worth is its lucrative media rights deals. In 2014, the NBA signed a nine-year, $24 billion TV deal with ESPN and Turner Sports, setting a record for sports broadcasting at the time. As the league’s popularity continues to grow, especially internationally, the value of these media rights is expected to increase....
Auntie. Unc. These nicknames came out of nowhere, and they’re not coming from your actual nephews and nieces. Birthdays are flying by, but you still feel the same age as prior years. Weird times. Photo credit: Polina Tankilevitch You may already know that starting a retirement plan early on means you’ll be ahead of the game, but it just seems like retirement is so far away. According to recent data from the Federal Reserve’s 2022 Survey of Consumer Finances , 45.6% of families are not investing for retirement. Whether you’re in the 54.4% who do have a retirement plan or not, the birthdays are going to continue regardless. Or, maybe you’re one of the few who decided to start trying to figure out the retirement savings “magic number” to strive for while Gen Z and Gen A have already assumed you get senior discount breakfasts and an AARP magazine subscription . Can You Survive On Social Security Benefits While Working? Instead of worrying about gray hair on your head ( or other places )...
As a business owner, bracing yourself for potential setbacks is a matter of survival. It’s necessary and a great business practice that allows you to plan for the future. In the meantime, you’re able to work towards that goal and stay abreast of everything else. Add in politics and you have some new possibilities to consider. You might be wondering what politics has to do with being a business owner. However, the ways in which certain taxes and tariffs waiver directly impacts business profit. No matter your party preference, politics have the power to impact how your business functions. And with steady success and growth being the ideal goal, there are steps that you can take now to ensure they come to fruition. Will the upcoming election shake up your business? Here’s how to get prepared now. Will The Upcoming Election Shake Up Your Business? The short answer is mostly likely, but educating yourself on policies is what will empower you to make the right decisions for your business....
A historic Black-owned beach in South Carolina is quickly becoming one of the hottest luxury vacation destinations in the states, and it is currently the only incorporated Black beach to sit in the U.S. During the early 1930s, Atlantic Beach was founded by a group of Gullah Geechee as a haven for Black people who were not allowed to occupy the same beaches as white people in South Carolina. Defying Jim Crow laws, the strip of primarily Black-owned coastal properties, dubbed “The Black Pearl,” broadened the enterprises of coastal Gullah Geechee people. A host of hotels, restaurants, nightclubs, and novelty shops were developed just miles from Myrtle Beach. Now, two trailblazing founders are on a mission to continue honoring the rich history that makes up the area. Although they are business partners, Tiffany Bailey Lash, Ph.D., and Tashni-Ann Dubroy, Ph.D., MBA, have a relationship that is rooted in sisterhood. Together, the HBCU alums and friends are on a mission to revitalize and...
By now, just about every television and film fan is well aware of the genre-defining legacy of Shonda Rhimes. The prolific showrunner has created and served at the helm of multiple hit series’, including “Grey’s Anatomy,” “Private Practice,” “Scandal,” and several others, and executive produced hit Netflix outings such as “Bridgerton,” “Queen Charlotte: A Bridgerton Story,” and “Inventing Anna.” Through these efforts, Shonda Rhimes has received universal acclaim, a Golden Globe , and a net worth of over $240 million, per Celebrity Net Worth . Shonda Rhimes’ generational wealth is truly a success story we can all admire, and her net worth tells a tale of her hard work and resilience. Beyond her financial successes in entertainment, Rhimes also maintains a diverse portfolio of real estate investments and other lucrative holdings. So, let’s take a moment to examine the life and work of the Emmy special honoree, and dissect the multiple streams of income she has utilized to create such...
When football fans think of top-tier running backs, names like Emmitt Smith, Barry Sanders, and Walter Payton come to mind. But one of the new faces garnering attention in football is Saquon Barkley. A former Pennsylvania State University student-athlete, Barkley was the New York Giants’ No. 2 pick in the 2018 draft. His collegiate career proved how much of an asset he would be in the NFL. Barkley earned the titles of Big Ten Offensive Player of the Year and Big Ten Running Back of the Year twice in 2016 and 2017 at Penn State. He holds the university’s records for the most rushing touchdowns (43) and total touchdowns (53) as well. Barkley is also the only player from Penn State, and one of only four in the Big Ten, to accumulate 3,000 rushing yards and 1,000 receiving yards during his college career. After joining the Giants, he continued to be impactful on the field, running for 5,211 yards and scoring 35 touchdowns in his career as of 2023. Barkley recently signed a contract with...
A first-of-its-kind NIL lawsuit is brewing. Forbes reports that Jaden Rashada is suing Hugh Hathcock and his business, Velocity Automotive; University of Florida football coach Billy Napier; and Florida’s NIL director, Marcus Castro-Walker, for alleged “fraud, negligence, and interference.” As previously shared by AFROTECH™, Rashada was initially committed to the University of Miami in Florida for a reported $9.5 million deal. However, in 2023, he pivoted to signing with the Florida Gators for $13.85 million, but the Gator Collective ultimately terminated the binding agreement. After the failed deal, Rashada moved on to Arizona State University and most recently transferred to the University of Georgia as quarterback. Now, Forbes details that Rashada has sued Hathcock, Napier, and Castro-Walker for allegedly causing him to not only lose out on the Miami deal but also potential offers from other colleges and universities. Moreover, he is seeking punitive damages. In Rashada’s...
Ashley M. Fox has had dreams of working on Wall Street since she first decided to attend Howard University. Little did she know that this vision would soon propel her into entrepreneurship. After conquering what some would deem the inevitable, Fox not only became the first person in her family to attend and graduate college, but she also landed her dream career of working with one of the largest banks in the world. Still, there was a desire for more. “After about eight months at my job, I felt like I didn’t have the desire to be the best person on Wall Street, I wanted to be like the client,” Fox told A FROTECH™. “I realized that no matter how long I stayed in my Wall Street job, yes, I was making perfect money, but our clients had at least $25 million or more and I felt like I deserved to be on the other end of the table.” View this post on Instagram A post shared by Ashley M. Fox (@_ashleymfox) Fox built that table for herself and those who look like her through Empify. “The...