TikTok and Universal Music Group (UMG) have agreed on new licensing conditions to bring the group’s tunes back to the social media platform. According to the TikTok newsroom, the joint agreement between the two entities “marks a new era of…
TikTok and Universal Music Group (UMG) have agreed on new licensing conditions to bring the group’s tunes back to the social media platform. According to the TikTok newsroom, the joint agreement between the two entities “marks a new era of…
Ethiopian sustainable tech startup Kubik has scored a first for the country. According to a press release sent to AFROTECH™, it has raised $5.2 million in a seed round. Investors include East African venture capital firm African Renaissance Partners, Endgame…
With every team she’s played for, Candace Parker’s dominance on the court is undeniable. A multi-time WNBA champion, MVP and Olympic gold medalist, she has redefined expectations for female athletes. A two-time Olympic gold medallist and WNBA MVP, the 38-year-old…
Devin Haney has seen great success in the ring, as a world-class boxer with multiple world championship titles. Haney recently received viral attention outside of the boxing world for his pay-per-view WBC super lightweight fight against Ryan Garcia, which picked…
TikTok is a social media app that truly requires no introduction. Unless you’ve been in a coma for the last 5+ years, you’ve either used the app yourself, or had extensive exposure to it from friends, family members or reposts…
Beyoncé’s Cécred is looking to make an impact outside of just the haircare industry. As previously shared by AFROTECH™, the technology-backed company launched in February 2024. Testing was a big proponent in bringing the haircare line that’s “validated by science”…
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,…
Tiger Woods’ reported payout from the PGA Tour has been revealed. As previously shared by AFROTECH™, the PGA Tour announced its $1.5 billion investment from Strategic Sports Group (SSG), which was launched to allow almost 200 PGA Tour members to…
Kenny Smith has become a familiar face in sports broadcasting, and he’s being fairly compensated for his contributions. His background in sports can be traced back to his playing days on the basketball courts of the University of North Carolina,…
Kevin Hart is laughing all the way to the bank. The comedian, actor, and entrepreneur scaled his presence in Hollywood, launching multi-platform media company, HARTBEAT in 2022. As AFROTECH™ previously reported, its launch was supported by a $100 million raise…
East Chop Capital has closed its funding and will deploy capital to Black investors. According to a press release provided to AFROTECH™, the private equity firm’s founders and HBCU graduates Calvin L. Butts Jr. and Carrington Carter have closed an…
In his 2017 song, “Legacy,” Jay-Z said, “Generational wealth, that’s the key. My parents don’t have sh-t, so that shift started with me.” This concept, adopted by many people, has been the foundation for helping secure the economic stability of…