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HomeBusiness News

Business News

Business News

Netflix Co-Founder Reed Hastings And Patty Quillin Donate $120 Million To United Negro College Fund, Spelman And Morehouse

It seems like we’re in the Twilight Zone. In the last month, there has been a surge of support for everything black. Not only have other races jumped on the frontlines with their fellow black […]

Tech/Gaming

Sony Gives Playstation 5 Sneak Peak Ahead Of End Of Year Release

Sony unveiled two versions of the Playstation 5 during a live stream called The Future of Gaming on Thursday. The new generation of Playstation included the standard “Playstation 5” and “Playstation 5 Digital Edition”. Users […]

Business News

Byron Allen’s Entertainment Studios Reaches Settlement With Comcast, Establishes Partnership

Byron Allen and his company Entertainment Studios Networks has reached a settlement agreement in his case against media giant Comcast. The two companies have made a content carriage arrangement that will amend and extend the […]

Business News

Starbucks Jumps On Board BLM Movement After Banning Employees From Showing Support Through Attire

Starbucks made a huge mistake after banning its employees from supporting the Black Lives Matter (BLM) movement by wearing pins and attire. Now, the company is announcing that it will allow baristas to wear supportive […]

Business News

Atlanta Based Swirl Films Recruits Two Former BET Execs, Robert Boyd And Tony Strickland

Two former BET executives have been hired by Atlanta’s Swirl Films. Robert Boyd and Tony Strickland will be serving in chief roles reporting to founder and CEO Eric Tomosunas, as first reported by Deadline. “Swirl […]

Business News

Stock Market Sees Downward Tumble After Spike In COVID-19 Cases

The stock market experienced a huge plunge on Thursday, making it the “worst day fall for U.S. stocks since March 16”. The latest dip could be attributed to news reports of an increase in COVID-19 […]

Business News

Afterpay Adds Black Owned Business Filter To Website

Afterpay has added a filter to their website that helps customers find online black owned retail businesses all in one place. The online payment service has updated its website with a filter that exclusively promotes […]

Business News

Growing Wealth Gap Shows Alarming Impact On Black Community

Investors had much to celebrate on Friday when the stock market experienced an upward move for the Dow Jones and S&P 500. However, the good news comes at a time when the U.S. is working […]

Business News

Alexis Ohanian, Reddit Co-Founder And Husband To Serena Williams, Resigns, Wants Black Person To Replace Him

Reddit Co-founder Alexis Ohanian is stepping down from his top-level position on the board to make room for a black executive to take his place, he announced on Friday. “I’m writing this as a father […]

Business News

DJ Vlad Takes Back Saying The U.S. Would Go Bankrupt If It Paid Billions In Reparations To Descendants Of Slaves

DJ Vlad has changed his mind regarding whether the U.S. would ever be able to pay billions in reparations for descendants of slaves. Vlad once said that the U.S. was just too tight on funds […]

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