Showing 40 results for:
george-floyd
Popular topics
All results
After four years, Diarrha N’Diaye-Mbaye, founder of the clean beauty brand Ami Colé, announced on Instagram on Thursday (July 17) that she’s winding down the company. What began as a mission to create makeup that truly works for melanin-rich skin, grew into much more. It became a movement and a metaphorical home for many, just like the salon her mother once built, she noted. In the heartfelt post, N’Diaye-Mbaye called this moment “another love letter, not a goodbye.” View this post on Instagram A post shared by Ami Colé (@byamicole) “We were a brand rooted in purpose, storytelling, and the bold celebration of who we are,” she wrote. “Let’s not forget bomb ass products!” From the earliest sketches in her Brooklyn, NY, apartment to seeing Ami Colé’s products on Sephora shelves across North America, she noted, N’Diaye-Mbaye turned a vision into reality. “This moment is bittersweet… Thank you for everything you’ve taught me about living your dreams out loud,” she wrote. She also...
Authenticity and research fuel successful brand partnerships — and Aaron Walton recognized this long before it became the norm. At AFROTECH™ 2024 , Walton, CEO and founder of award-winning ad agency Walton Isaacson, joined Shardé Marchewski, Wayfair ‘s Head of Supplier Diversity , for a conversation on how aligning values and culture with the right celebrity can elevate storytelling and impact consumers. The session offered creatives a behind-the-scenes look at major brand collaborations and practical strategies for securing and executing high-impact campaigns. Walton’s brand story began after graduating from Babson College in 1983. With a passion for advertising , he joined the Pepsi-Cola Company as a research analyst, learning how to tell stories with data before being promoted into brand marketing , marking the start of a game-changing career. “The truth is everything that we do now, whether it is an event or some type of communication, starts with looking at what the business...
The Black Opportunity Fund (BOF) — a Toronto, Canada -based community-led charity — has launched BOF Capital to expand access to business and housing capital for Black entrepreneurs. The initiative includes two primary fundraising goals: a $100 million private equity growth fund to support Black-owned businesses and a $50 million shared equity housing fund to help Black Canadians purchase homes, according to The Globe and Mail. While fundraising is still in its early stages, BOF Capital intends to have both funds secured by the end of 2025. “We know where we are going for that first $150 million and now what we are doing is bringing them in and having conversations with those anchor investors to get everything papered and do the due diligence,” BOF’s CEO Craig Wellington said, per the outlet. “We have essentially been holding them back, some of them for three years.” Leaders on Bay Street — based in the center of Canada’s financial sector in Toronto — founded BOF in 2020 to help...
South Loop Ventures has officially closed a $21 million Fund I to support early-stage startups, with a strong focus on founders of color, TechCrunch reports. The Houston,TX-based venture firm is part of a growing movement to reshape who gets access to capital and where that capital flows. Fueling Founders From The Ground Up Founded in 2022 by Zach Ellis, South Loop Ventures, according to TechCrunch, focuses on seed and pre-seed investments, writing average checks of about $400,000. Anchor investors include Rice Management Co. and Chevron Technology Ventures. Additional contributions came from Texas Capital Bank and The Great Commission Foundation of the Episcopal Diocese of Texas. The tech outlet reports that the firm has made 13 investments and plans to back at least 30 companies from the fund. “We thought it was important to have a fund focused on diverse founders here in Houston, given Houston’s diversity,” Ellis told the outlet. Though South Loop Ventures invests nationally, its...
Editorial Note: Opinions and thoughts are the author’s own and not those of AFROTECH™. Often, those who rank in seniority get to speak for the broader community. How long does that work though, and how long should it last? It’s a question that comes up whenever someone of a previous generation is asked to speak or is seen as a representative during a current crisis a community is facing. AFROTECH™ previously reported that after Target rolled back its commitments to DEI, the retail store has seen a decline in foot traffic for the past 10 weeks. Target was one of the brands that, in the wake of the murder of George Floyd in 2020, put a lot of time and money towards pushing for racial justice and diversity, equity, and inclusion across the board. After the decline, The New York Post reported that Target CEO Brian Cornell met with Reverend Al Sharpton about its DEI policies, but should Sharpton be the one speaking for us? Sharpton came to prominence during the 1970s with his focus on...
Issa Rae is applauding those who are upholding DEI efforts. During SXSW 2025 in Austin, TX, the actress, producer, and newest part-owner of San Diego FC participated in a keynote conversation where she shared her thoughts on the evolving diversity, equity, and inclusion (DEI) landscape, according to The Hollywood Reporter. A racial awakening occurred in 2020 following the death of George Floyd due to police brutality. This led to an influx of support and a record-breaking $4.3 billion in venture capital and corporate investments towards Black-owned businesses, per ABC News, as well as a 55% increase in DEI roles created, notes NBC News. As time has gone on, many of these bold commitments around DEI have faded out. This has only worsened due to pressures from conservative groups challenging such efforts in litigation, with some success. Legal wins for the right have included the dismantling of Fearless Fund’s Strivers Grant program, which awarded Black woman-owned businesses, and the...
Starbucks is at the center of a lawsuit for alleged discrimination related to its diversity, equity, and inclusion (DEI) policies . On Tuesday, Feb. 11, 2025, Missouri Attorney General Andrew Bailey, a Republican, filed a lawsuit claiming that the Seattle, WA-based coffee chain enforces “race-and-sex-based hiring practices” and unlawfully segregates employees in violation of anti-discrimination laws, according to a news release. Since taking office for a second term on Jan. 20, 2025, President Donald Trump has signed several executive orders to dismantle federal DEI initiatives. “As Attorney General, I have a responsibility to protect Missourians from a company that actively engages in systemic race and sex discrimination,” Bailey said. “Racism has no place in Missouri. We’re filing suit to halt this blatant violation of the Missouri Human Rights Act in its tracks.” Bailey said the initiatives have led to a “more female and less white” workforce and forced Missouri consumers to “pay...
Editorial Note: Opinions and thoughts are the author’s own and not those of AFROTECH™. Diversity, Equity & Inclusion has been in the spotlight since the murder of George Floyd in Minneapolis, MN, in 2020, which millions of people witnessed via social media. That reminded me of how the civil rights movement didn’t spark real change until people saw the violence against protestors broadcast directly into their homes. Similarly, in 2020, many witnessed injustice unfold in real time on their phones. We can draw parallels between the civil rights movement of the 1960s and the events of the past five years. Just as some supported integration while others opposed it, there are divided views on DEI today. Gallup Inc. helps track public opinion on these issues over time. George Gallup founded the American Institute of Public Opinion, the precursor to Gallup. In 1935, they conducted their first political public opinion poll and have remained independent, never conducting surveys on behalf of...
Editorial Note: Opinions and thoughts are the author’s own and not those of AFROTECH™. Just two weeks into his presidency, the Trump administration has already decreed several executive orders to undo much of former President Joe Biden’s work in the past four years. As many predicted, President Donald Trump has come after DEI initiatives , signing an executive order to remove all DEI programs within the Federal government. Corporations like JP Morgan Chase & Co, Costco , and Goldman Sachs have all stated that they plan to retain their corporate DEI programs and continue with business as usual. However, other big retailers like Walmart , Meta, McDonald’s, and Target have rolled back their previous DEI promises in accordance with the Trump administration. In recent years, corporate DEI initiatives have faced increasing attacks, with right-wing critics arguing that efforts to promote diversity are discriminatory against white people. Many corporations began implementing diversity,...
Rashida Jones is stepping down as president of MSNBC, marking a significant transition just days before President-elect Donald Trump returns to the White House . USA Today reports that she will remain in an advisory role until March. Rebecca Kutler, a Jones recruit from CNN and MSNBC’s senior vice president of content strategy, will serve as the interim president. “I came to this decision over the holidays while reflecting on our remarkable journey and the many successes we’ve achieved together as a team,” Jones shared in an internal memo to staff, per USA Today. “This has been the most rewarding chapter of my professional career and I am immensely proud of what we have accomplished, which has been made possible only by you.” Jones was the first Black woman to head a major television news network when appointed in December 2020, AFROTECH™ previously reported. She succeeded Phil Griffin, officially stepping into the role in Feb. 1, 2021. Jones previously served as senior vice...
Editorial Note: Opinions and thoughts are the author’s own and not those of AFROTECH™. Corporate companies have gutted and targeted diversity, equity, and inclusion (DEI) programs throughout 2024. As we head into 2025, efforts to reverse these changes will only increase. DEI programs have been the center of several political battles since Republicans wrongfully came to attack critical race theory. Just as conservatives have a woeful misunderstanding of critical race theory and where it applies, DEI has become a buzzword associated with the aforementioned cultural wars. What Is DEI? DEI initiatives are implemented in schools, businesses, and government agencies to address inequities within historically marginalized groups. According to Erica Foldy, a professor at NYU’s Wagner Graduate School of Public Service, initiatives could include training, organizational policies and practices, and organizational culture. DEI isn’t just a rule or legislation created for organizations to pat...
Civil rights leader Rashad Robinson and actor Kendrick Sampson had a much-needed conversation at the AFROTECH™ Conference 2024. During the fireside chat “We’ve Voted, Now What?,’” on Nov. 15, the two activists led a compelling discussion around post-election and reclaiming our power through infrastructure. Robinson served as the president at Color of Change for 13 years and is currently a board member of the Edward W. Hazen Foundation. With his expertise, Robinson shared his thoughts on what true power looks like for communities of color and the realities of who benefits from the lack thereof. “We have to get clear about power to know what we will do next,” Robinson shared. “When I think about power, I very much think about the ability to change the rules. Far too often, we mistake presence for power. Presence is visibility, awareness, retweets, shoutouts from the stage, etc. For example, we can sometimes think that a black president means that we’re in a post-racial world. Or when...
Sometimes, the perfect collaboration starts with genuine interest and collaboration. As founder and CEO of the award-winning ad agency Walton Isaacson, Aaron Walton’s career exemplifies the mastery of leveraging celebrity and influencer partnerships to elevate brands to new heights. Walton’s impressive portfolio spans iconic collaborations, from the Spice Girls’ November 1997 campaign with Polaroid to Michael Jackson’s enduring partnership with Pepsi. Most recently, he helmed Beyoncè’s partnership with Lexus during her “Renaissance World Tour.” Walton’s work on some of the most creative advertising campaigns has made him an expert in the field. He shared his keys to success with attendees during the AFROTECH™ 2024 Conference. “Something as a brand that is important, when you’re looking at connecting with a celebrity, you have to make sure that you do your homework and make sure your cultural values are aligned,” Walton told AFROTECH™ following his session “The Art of Brand...
Progress is often only seen as positive based on the sustainability measures associated with it, and many organizations have not kept their promises regarding diversity, equity, and inclusion (DEI). This abandonment informs many (DEI) advocates’ perspectives when explaining the recent rollback of DEI programs at large and small corporations. The removal of equity-focused programming is not new. According to a previous AFROTECH™ report, many companies that made commitments to DEI in 2020 after the murder of George Floyd have dialed back or cut programs. Now, Microsoft is among the big-name companies, specifically in tech, that have decided to eliminate their intentional strategies around DEI. The pervasive question to these cuts is “why?” According to Business Insider, it was due to “changing business needs.” “True systems-change work associated with DEI programs everywhere are no longer business critical or smart as they were in 2020,” a leader of the laid off DEI team wrote in an...
Angela Rye is one of today’s leading voices in political advocacy and social justice. Recognized for her politics and culture commentary on networks like CNN and ESPN as well as her own podcast “Native Land Pod” with co-hosts Tiffany Cross and Andrew Gillum, the award-winning host, commentator, and lawyer transformed her passion into IMPACT Strategies. Launched in 2013, the political advocacy firm creates strategic partnerships and coalitions to birth societal change. In an interview with AFROTECH™ before her fireside chat, “Bridging the Gap for an Equitable Community,” at AFROTECH™ Executive Newark, Rye shared the backstory of one of IMPACT Strategies’ most impactful partnerships to date. Moreover, it came following the murder of George Floyd in 2020. “A lot of companies were coming asking for Black support, Black help, Black input, Black advice, and strategy,” Rye recalled to AFROTECH™. “A t the time, I represented PayPal and worked really diligently with them on their [$535...
