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☆ Black creators were instrumental in building TikTok. Now they fear they'll be hit the hardest by a ban.
▼ + stars: | 2024-05-01 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +10 min

But largely, TikTok is a place Black creators found where they could thrive and reach new audiences and customers for their growing businesses. It wasn't that the content wasn't good, Ford said, it was that Instagram "just wasn't a place for Black creators, minority creators, to excel." Some Black creators suspected their Black Lives Matter content was suppressed in 2020 after George Floyd's death ignited a wave of protests. AdvertisementBlack TikTokers have also expressed an "undertone of anti-Blackness" in the platform's algorithm, where white creators benefited from the trends started by Black creators. AdvertisementThis is disheartening, Black creators told BI, because so many top trends and ideas come from their community.

Persons: —, Joe Biden, TikTok, Tenyse Williams, It's, Funmi Ford, Ford, Nya, I've, Étienne, Keith Lee, entrepreneurialism, Kahlil Dumas, Dumas, George Floyd's, Jalaiah Harmon, Black TikTokers, Williams, Imani Bashir, Bashir, We're, isn't Organizations: Service, Senate, Business, Consulting, University of Central, Columbia University, George Washington University, Pew Research Center, An, Free, Black, New York Times, Forbes, YouTube, BI Locations: University of Central Florida, Instagram, An Oxford, Atlanta

☆ Reddit's co-founder is bickering with investors on the company's big IPO day
▼ + stars: | 2024-03-21 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +4 min

But Reddit's co-founder took to X to call out a perceived slight by investor Initialized Capital. But it's not all sunshine and roses for Reddit, whose co-founder and early investors are bickering on social media. Alexis Ohanian called out Initialized Capital investors on X after the firm's social media account failed to congratulate him by name on Reddit's IPO. Garry Tan tweeted a congrtulations to both Alexis Ohanian an Steve Huffman on Reddit's IPO. Ohanian, Tan, and representatives for Initialized Capital did not immediately respond to requests for comment.

Persons: Reddit, Reddit's, —, it's, Alexis Ohanian, Steve Huffman, Y, Garry Tan —, Ohanian, Tan, Brett Gibson, Jen Wolf, @jenhwolf, George Floyd's, Michael Seibel, Tan's, confidentially, Instacart, Huffman, Garry Tan, Garry Organizations: Service, Twitter, VC, NYSE, New York Stock Exchange

☆ Job Market Reality: You Still Need a College Degree to Land a Good Gig
▼ + stars: | 2024-02-27 | by ( Emily Stewart | ) www.businessinsider.com time to read: +6 min

Employers are increasingly saying you don't need a college degree to get hired, but secretly, you still kind of do. During the same period, the share of job postings asking for a college degree or higher fell to 17.8% from 20.4%. In 2023, The New York Times' editorial board applauded various efforts in the public and private sectors to ax degree requirements for jobs. Having inflated degree requirements perpetuates the cycle of inequities in the workforce." A move toward skills-based hiring is a good thing socially, economically, and practically.

Persons: George Floyd's, didn't, It's, Matt Sigelman, Cory Stahle, would've, you've Organizations: aren't, The New York Times, Carlton, Harvard Business School, Glass, Apple, Walmart, ExxonMobil, Glass Institute, Employers

☆ Trump said that 'the Black people' like him because of his indictments and mug shot
▼ + stars: | 2024-02-24 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

AdvertisementHe went on to claim that Black people walk around with photos of his mug shot on $19 T-shirts — which he claimed was the "number one" mug shot, followed by Elvis Presley and Frank Sinatra's. Fulton County Sheriff's OfficeTrump's latest comments about Black people come as he and his allies seek to secure a historic share of the Black vote for Republicans. Despite persistent accusations of using racist language over the years, Trump won 12% of the Black vote in 2020, which was the highest a Republican president has received in recent decades. Jasmine Harris, the Biden campaign's media director, who is Black, said Trump was an "anti-Black tyrant" and "the proud poster boy for modern racism," per NBC News. Trump holds Black Americans in such low regard that he "publicly dined with white nationalists a week after declaring his 2024 candidacy," she said.

Persons: —, Donald Trump, he's, Trump, I'm, Elvis Presley, Frank Sinatra's, Alexey Navalny, Joe Biden, Vladimir Putin, Sen, Tim Scott, Ben Carson, Jasmine Harris, George Floyd's, Harris Organizations: Service, Black Conservatives, Black Conservative, Trump, Republican, Black, Office, Republicans, Department of Housing, Urban, Biden, NBC, Central Locations: Columbia , South Carolina, Fulton, Fulton County, South Carolina

☆ Marcelo Claure and Paul Judge bought SoftBank's diversity fund. Now they're trying to raise $200 million for it.
▼ + stars: | 2024-02-01 | by ( Vishal Persaud | ) www.businessinsider.com time to read: +6 min

Read previewFormer SoftBank executive Marcelo Claure and serial entrepreneur and investor Paul Judge are in the throes of raising a new $200 million fund. The past year has been transitional for the fund since Claure and Judge bought the $100 million fund from SoftBank. Since then, there haven't been any new investments, but the two are poised to capitalize on the success of the first fund and are raising the second Open Opportunity Fund. He said that limited partners' interest has been positive overall since the Open Opportunity Fund's first fund has had so much success. AdvertisementJudge said that he expects the first Open Opportunity Fund to continue to deliver "top quartile" returns to its investors over the next five to seven years.

Persons: —, Marcelo Claure, Paul Judge, It's, Claure, haven't, SoftBank —, I've, Judge, George Floyd's, Masayoshi, Shu Nyatta, Stacy Brown, what's Organizations: Service, Business, Opportunity Fund, Opportunity, Fund, Mastercard, Vista Equity Partners, Ventures, Sprint, Bicycle Capital, TechCrunch Locations: SoftBank, Atlanta, America

☆ The Equity Talk: Why Darryl Page came out of retirement to be Chubb's chief culture officer
▼ + stars: | 2024-01-15 | by ( Josée Rose | ) www.businessinsider.com time to read: +10 min

He's vice president and chief culture officer at the insurance giant Chubb, and diversity, equity, and inclusion work falls under his remit. Page used an example of walking into a room of people and giving them all a pair of size 10 shoes. So I really came to this work as a business leader with a lot of experience running a business. There are a few instances where there's important business information that you need to impart, and you may have a difficult time getting the attention of leadership. I think the challenge around this is that if you're really committed to your view on this, then you have to find a different way.

Persons: Darryl Page, Chubb, Elon Musk, Mark Cuban, Page, It's, that's, George Floyd's, I've, They're, I'd, it's, There's, — Organizations: Elon Locations: America

☆ As diversity, equity and inclusion comes under legal attack, companies quietly alter their programs
▼ + stars: | 2024-01-14 | by ( ) www.cnbc.com time to read: +8 min

But others have targeted decades-old diversity programs that anti-affirmative action advocates have long tried to dismantle. said Danner-Okotie, who received $10,000 from a separate Fearless Fund grant. The Fearless Fund, Danner-Okotie said, grasped her mission of designing clothes for American women looking to celebrate their African heritage. The outcome of the case could be a bellwether for similar diversity programs. But some have made changes to diversity programs to try to protect them from legal scrutiny.

Persons: Sophia Danner, Okotie's, Fearless, Claudine Gay, Harvard Universitys, Erin Clark, Christopher Rufo, Harvard's, Rufo, George Floyd's, Danner, Okotie, Edward Blum, Morrison Foerster, Perkins Coie, Reagan, Dan Lennington, Lennington Organizations: Harvard, Harvard University, Boston Globe, Twitter, Black, Latina, American Alliance for Equal Rights, Disney, Pfizer, Comcast, Wisconsin Institute for Law & Liberty, Wisconsin Institute, U.S . Department, Business Enterprise Locations: America, Atlanta, India, Nigeria

☆ Mark Cuban says 'good businesses' embrace diversity: 'The loss of DEI-phobic companies is my gain'
▼ + stars: | 2024-01-05 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

Mark Cuban says smart businesses embrace diversity, equity and inclusion. That's a stance at odds with some recent high-profile skepticism of the organizational framework from fellow billionaires Elon Musk and Bill Ackman. "Let me help you out and give my thoughts on DEI," Cuban told Musk on X, formerly known as Twitter, on Wednesday. "Good businesses look where others don't to find the employees that will put your business in the best possible position to succeed." Cuban pushed back against the notion that that's what DEI policies call for.

Persons: Mark Cuban, Elon Musk, Bill Ackman, Musk, George Floyd's Organizations: Tech, Google, Meta Locations: Cuban

“We have heard that he is expected to survive,” Brian Evans, spokesperson for the Minnesota attorney general’s office, told The Associated Press about Chauvin. Political Cartoons View All 1265 Images"I am sad to hear that Derek Chauvin was the target of violence. The Bureau of Prisons said no employees at the Tucson facility were injured in the attack and that the FBI was notified. In Minnesota, Chauvin was mainly kept in solitary confinement “largely for his own protection,” Nelson wrote in court papers last year. Chauvin’s stabbing comes as the federal Bureau of Prisons has faced increased scrutiny in recent years following wealthy financier Jeffrey Epstein’s jail suicide in 2019.

Persons: — Derek Chauvin, George Floyd, general's, ” Brian Evans, Chauvin, Derek Chauvin, Keith Ellison, Terrence Floyd, George Floyd’s, “ I’m, ” Terrence Floyd, Larry Nassar, Eric Nelson, he’d, ” Nelson, Floyd, Black, Jeffrey Epstein’s, It's, “ Unabomber, Ted Kaczynski’s, shouldn’t, Colette Peters, Peters, Amy Forliti, Michael Balsamo Organizations: Federal Correctional Institution, Associated Press, U.S . Bureau of Prisons, Prisons, ” Prosecutors, FBI, of Prisons, Justice Department’s, Judiciary Locations: MINNEAPOLIS, Minneapolis, Arizona, Minnesota, Tucson, Florida, New York

Derek Chauvin, the former Minneapolis police officer convicted of murdering George Floyd, was stabbed by another inmate and seriously injured Friday at a federal prison in Arizona, a person familiar with the matter told The Associated Press. The attack happened at the Federal Correctional Institution, Tucson, a medium-security prison that has been plagued by security lapses and staffing shortages. The Bureau of Prisons confirmed that an incarcerated person was assaulted at FCI Tucson at around 12:30 p.m. local time Friday. It is also the second major incident at the Tucson federal prison in a little over a year. Chauvin’s stabbing comes as the federal Bureau of Prisons has faced increased scrutiny in recent years following wealthy financier Jeffrey Epstein’s jail suicide in 2019.

Persons: Derek Chauvin, George Floyd, Larry Nassar, shouldn’t, Eric Nelson, he’d, Chauvin, ” Nelson, Floyd, Black, Jeffrey Epstein’s, It's, “ Unabomber, Ted Kaczynski’s, Colette Peters, Peters, Amy Forliti, Michael Balsamo, Michael Organizations: Associated Press, Federal Correctional Institution, Prisons, FCI Tucson, FBI, of Prisons, Justice Department’s, Judiciary, Press Locations: Minneapolis, Arizona, Tucson, Florida, Minnesota, New York, Michael Sisak, x.com

SACRAMENTO, Calif. (AP) — An eight-foot-tall bronze statue of a late Native American leader known for preserving cultural dances now stands surrounded by trees in a historic park outside of California's state Capitol building, replacing a statue of a Spanish missionary that protesters toppled it in 2020. “Finally, the California Indian people will have a monument here on the Capitol grounds for all those visiting to know that we are still here,” said Assemblymember James C. Ramos, the first Native American in the state Legislature. Newsom has also signed laws to promote the teaching of more Native American history in schools and to remove a derogatory slur from sites across the state. The new statue comes after racial justice protesters in 2020 tore down a decades-old statue of Junípero Serra, an 18th century Catholic priest and missionary who has been criticized for destroying Native American tribes and cultures. Montana also passed a law in 2019 to install a monument on state Capitol grounds to recognize the contributions of Native Americans.

Persons: William J, Franklin, ”, Assemblymember James C, Ramos, “, Gavin Newsom, Newsom, Junípero Serra, Serra, Robert E, Lee, Charlottesville , Virginia —, George Floyd's, Jesus Tarango, ” Tarango, Robert Rivas, Andrew Franklin, Grandpa Bill ”, “ We've, ___ Sophie Austin, @sophieadanna Organizations: Associated Press, America Statehouse News Initiative, America Locations: SACRAMENTO, Calif, California's, Spanish, California, Sr, American, Charlottesville , Virginia, Wilton Rancheria, Sacramento County, Montana, Sacramento . Franklin, Southern California

☆ Moving back to New York weeks before COVID lockdown forced me to confront my 9/11 trauma – but taught me to live in the moment
▼ + stars: | 2023-11-05 | by ( Polly Thompson | ) www.businessinsider.com time to read: +6 min

Jason Eddy, who's an actor, moved from London to New York with his husband in late 2019. Eddy shares his experience of moving back to New York and what the city has taught him. AdvertisementAdvertisementThis as-told-to essay is based on a conversation with Jason Eddy about his experiences of relocating from London to New York. Jason Eddy Jason EddyBut then 9/11 happened. Jason Eddy says living in New York has taught him to say "why not?"

Persons: Jason Eddy, who's, Eddy, —, I'm, He'd, Jason Eddy Jason Eddy, I've, Jason Eddy I've, you've, we'd, York's, George Floyd's Organizations: Service, Google, New Yorker, Trump Locations: London, New York, Bermuda, Canada, York, New, Britain

☆ Target CEO blames aggressive behavior, serious threats for pulling some Pride merchandise
▼ + stars: | 2023-11-02 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +2 min

Target CEO Brian Cornell defended his decision to pull some of the retailer's Pride Collection merchandise off shelves earlier this year, saying backlash against the items led to the most serious safety threats that he can recall in his decade with the company. Target has sold merchandise timed for Pride month, which celebrates LGBTQ+ people and issues in June, for more than a decade. In August, Cornell said the strong reaction to the company's Pride collection contributed to Target's disappointing sales in the second quarter. Cornell said in the CNBC interview he thinks the Pride response is no longer hurting Target financially, though he noted the retailer faces other challenges. Cornell's full interview with CNBC will air later Thursday as part of CNBC Evolve.

Persons: Brian Cornell, CNBC's Becky Quick, Cornell, We've, George Floyd's, Becky, I've, influencer Dylan Mulvaney Organizations: . Beverage, InBev, Bud, CNBC, CNBC Evolve Locations: Minneapolis

But Curtis Chin's parents urged their six kids to ask customers at their Chinese restaurant about their background. Recent hate crimes have evoked comparisons to Vincent Chin's beating death at the hands of two white autoworkers outside his bachelor party. Curtis Chin's uncle was Vincent Chin's best man. Asian American and Pacific Islander groups are behind several upcoming events. “I just can’t impress upon it enough how much I feel like my whole community is rallying behind me for this book,” Chin said.

Persons: Curtis Chin's, —, Chin, “, ”, “ Vincent Who, Vincent Chin, Curtis Chin, it's, ” Chin, Chung's, ” Roland Hwang, Vincent Chin's, Hwang, there’s, George Floyd's, I’ve, Lily Chen, Curtis, Chen, we've, it’s, ___ Tang Organizations: Detroit, Asian American Writers ’, The Washington Post, The, American Citizens, Justice, Detroit Historical Museum, ”, Pacific, Associated Press Locations: Los Angeles, The, Detroit, Chinatown, Detroit's, Cass, The Cass, That's, ”, Asian American, Phoenix, @ttangAP

☆ Daymond John talks grants and this year's fourth annual Black Entrepreneurs Day
▼ + stars: | 2023-10-10 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer spoke with "Shark Tank" star and FUBU CEO Daymond John to discuss the fourth annual Black Entrepreneurs Day, which is set to take place Nov. 1 at the Apollo Theater in New York City. The event is meant to celebrate Black business owners, and it partnered with the NAACP to provide eight business owners with entrepreneurship grants of $25,000. Black Entrepreneurs Day will also feature insights from top Black business leaders as well a lineup of celebrity guests including Whoopi Goldberg and Shaquille O'Neal. "We gave away $700,000 so far, we will hit about a million dollars this year," John said of the grants provided to business owners over the years. John first launched the event in 2020 in the wake of George Floyd's murder and amid increased attention to systematic racism.

Persons: CNBC's Jim Cramer, Daymond John, Whoopi Goldberg, Shaquille O'Neal, John, Shaq, George Floyd's Organizations: Black Entrepreneurs, Apollo, NAACP Locations: New York City

☆ Mark Milley took an apparent dig at Trump, saying that the military doesn't take an oath to 'queen' or 'wannabe dictator'
▼ + stars: | 2023-09-30 | by ( Azmi Haroun | ) www.businessinsider.com time to read: +3 min

On Friday, former Army General Mark Milley retired from leading the US military. Milley finished his four-year term as the Joint Chiefs of Staff, which included two years under Trump. "We don't take an oath to a king or a queen or to a tyrant or a dictator. And we don't take an oath to a wannabe dictator," Milley said on Friday, according to the Associated Press. In the speech, Milley also appeared to respond to Trump's latest threat, speaking collectively for the military.

Persons: Mark Milley, Milley, —, Staff Mark Milley, Donald Trump, Trump, Joe Biden, Trump's, George Floyd's, it's Organizations: Joint Chiefs of Staff, Trump, Service, Joint Chiefs, Staff, Army, Associated Press, AP, USA, CBS Locations: America, Washington, Iraq, Syria, Milley

NEW YORK (AP) — In a new study, Black Americans expressed broad concerns about how they are depicted in the news media, with majorities saying they see racist or negative depictions and a lack of effort to cover broad segments of their community. Political Cartoons View All 1182 Images“There's a feeling that Black Americans are often depicted as perpetrators or victims of crime, and there are no nuances in the coverage,” Whitaker said. For example, 46% of Republicans and 44% of Democrats say that news coverage largely stereotyped Black people, Pew said. While 57% of those in lower income levels said news coverage about Black people was more negative than it was about other groups. Prince said there was notable progress, post-Floyd, in the hiring of Black journalists into leadership roles in the media.

Persons: George Floyd's, Pew, “ It's, ”, Charles Whitaker, ” Whitaker, “, Richard Prince, Prince, he's, Katerina Eva Matsa, Matsa, Whitaker, Medill, “ We're, Floyd Organizations: Pew Research Center, Medill, Northwestern University, Blacks, Black Democrats, Republicans, Pew, Northwestern Locations: New

☆ The Texas town where James Byrd Jr. was dragged to his death in 1998, sparking national outrage and new federal hate crime legislation, wants to 'move on'
▼ + stars: | 2023-08-26 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

People in Jasper are in many ways still dealing with the aftermath of James Byrd Jr.'s 1998 murder. Louvon Byrd Harris, Byrd's younger sister, told The Post that many people simply "want to forget what happened." A section of Huff Creek Road in Jasper, Texas, where James Byrd Jr., was dragged to his death. While Byrd's murder prompted the Texas legislature's 2001 passage of the James Byrd Jr. Hate Crimes Act, along with the Matthew Shepard and James Byrd Jr.

Persons: James Byrd Jr, Byrd's, Byrd, George Floyd's, haven't, Louvon Byrd Harris, Poor Jasper, David Shultz, Jasper, Anderson, Juan Lozano, Betty Lane, Matthew Shepard, Tod Lawlis Organizations: Post, Service, Washington, Lone Star State, Historical Museum, Jasper City Council, Anderson Land, AP, Congress, Byrd Foundation, Racial, Byrd Locations: Jasper, Wall, Silicon, East Texas, Minneapolis, Huff, Jasper , Texas, Texas, Austin

☆ Major retailers bring $14 billion in revenue to Black-owned brands
▼ + stars: | 2023-08-11 | by ( Brandon Gomez | ) www.cnbc.com time to read: +2 min

Major retailers and brands have driven $14 billion in revenue to Black-owned businesses since May 2020. The group asks companies to reflect the Black community that makes up 15% of the U.S. population by dedicating 15% of their shelf space to Black-owned brands. Prior to taking the pledge, many of the group's current partners had less than 3% of their shelf space dedicated to Black-owned brands. Now all partners are committed to attaining their 15% pledge over a 10-year contract. Fifteen Percent Pledge has committed to generating $1.4 trillion in wealth for Black entrepreneurs by 2030.

Persons: Nordstrom, LaToya Williams Belfort, Sephora, Aurora James, George Floyd's, James, InStyle Organizations: Federal, CNBC, JUST Capital, Vogue Locations: Brooklyn, Black, U.S

☆ A backlash is brewing against DEI in corporate America — and a venture-capital fund facing a racial-bias lawsuit is caught in the middle
▼ + stars: | 2023-08-11 | by ( Vishal Persaud | ) www.businessinsider.com time to read: +6 min

VC firm Fearless Fund is being sued by the group behind the Supreme Court affirmative action case. The conservative group claims a grant program run by Fearless Fund is racially discriminatory. It also led some companies like Bank of America, Mastercard , PayPal and others to earmark millions of dollars to fund and address the racial funding gap. A small, Atlanta-based, Black women-led venture firm called Fearless Fund was one of them. "Their motive is clear: they want to disrupt the vital work of Fearless Fund and similar institutions and organizations whose primary mission is to provide underrepresented communities with an economic engine to build, sustain and scale their businesses," said Fearless Fund in a press release.

Persons: George Floyd, Edward Blum, Arian Simone, Ayana Parsons, George Floyd's, Eghosa Omoigui, Yasmin Cruz Ferrine, Ferrine, VCs Organizations: Fearless, Morning, Bank of America, Mastercard, PayPal, American Alliance for Equal Rights, Civil, Costco, MasterCard, Street Journal, Netflix, Disney, Warner Bros, Wall Street Journal, Pew Research Center, Microsoft, Walmart, TechCrunch, Warner Bros . Locations: Minneapolis, Atlanta, America

☆ There's a brewing backlash against DEI in corporate America — and a venture capital fund getting sued for racial bias is now caught in the middle
▼ + stars: | 2023-08-11 | by ( Vishal Persaud | ) www.businessinsider.com time to read: +6 min

CNN —Tou Thao, the former Minneapolis police officer who held back a crowd of bystanders during George Floyd’s fatal arrest in May 2020, was sentenced to four years and nine months in prison Monday for aiding and abetting second-degree manslaughter. Tou Thao, the last former Minneapolis police officer to face sentencing in state court for his role in the killing of George Floyd, appeared in court Monday. During the arrest, Lane held down Floyd’s legs, Kueng held down Floyd’s torso, and Thao stood nearby and kept back a crowd of upset bystanders, including an off-duty firefighter trying to render aid. Chauvin was found guilty of second-degree unintentional murder, third-degree murder and second-degree manslaughter in state court and was sentenced to 22 1/2 years in prison in June 2021. Lane, Kueng and Thao were found guilty in federal court of violating Floyd’s civil rights and of failing to intervene to stop Chauvin during the restraint.

Persons: Tou Thao, George Floyd’s, Thao, ”, George Floyd, Peter A, Cahill, “ Mr, Chauvin, Kueng, Lane, ” Thao, “, Derek Chauvin, Thomas Lane, J, Alexander Kueng, George Floyd's, Floyd, Floyd’s, Judge Cahill Organizations: CNN, Minneapolis, Minnesota Department of Human Rights Locations: Minneapolis, Minnesota, Hennepin, Floyd, Kueng

☆ Family of Henrietta Lacks finally settles lawsuit against biotech company accused of profiting billions of dollars from collecting the Black woman's cancer cells without her consent
▼ + stars: | 2023-08-01 | by ( Lea Skene | Sarah Brumfield | Associated Press | ) www.businessinsider.com time to read: +6 min

Henrietta Lacks changed modern medicine when doctors took her cells without her consent in 1951. Despite that incalculable impact, the Lacks family had never been compensated. Henrietta Lacks' cells have been part of many medical breakthroughs. "The exploitation of Henrietta Lacks represents the unfortunately common struggle experienced by Black people throughout history," the complaint reads. "It was a long fight — over 70 years — and Henrietta Lacks gets her day."

Persons: Henrietta, HeLa, Ben Crump, Crump, didn't, Rebecca Skloot, Oprah Winfrey, Johns Hopkins, Fisher, George Floyd's, Alfred, Carter Jr, Chris Van Hollen, Ben Cardin, Van Hollen Organizations: Service, Johns Hopkins Hospital, Fisher Scientific Inc, Associated Press, HBO, Johns Hopkins Medicine, Maryland Democrats Locations: Wall, Silicon, Waltham , Massachusetts, Baltimore, Virginia, United States, Baltimore's

☆ Reddit throughout the years: Its rise to prominence, recent revolts and IPO plans
▼ + stars: | 2023-07-30 | by ( Katie Brigham | ) www.cnbc.com time to read: +6 min

The price hikes have led some beloved third-party Reddit apps such as Apollo to shut down, instigating an uproar among the website's community of volunteer moderators, who often rely on third-party apps to run the site's 100,000+ discussion communities, called subreddits. But tensions remain high, and some say that if Reddit doesn't rebuild trust, its most passionate users will go elsewhere. Ohanian rejoined Reddit as executive chairman in 2014 and Huffman rejoined as CEO the next year. But it's not just tech giants who use Reddit's API. These third-party apps are largely just alternatives to Reddit's official mobile app, which didn't even exist until 2016.

Persons: Reddit, David DeWald, Alexis Ohanian, Steve Huffman, Paul Graham, Ohanian, Huffman, Y Combinator, Condé Nast, Debra Aho Williamson, George Floyd's, it's, Apollo, Jakub Porzycki Organizations: University of Virginia, Advance, Facebook, Insider Intelligence, GameStop, AMC, Google, Getty

☆ Black executives see progress since George Floyd, but much work still to be done: CNBC survey
▼ + stars: | 2023-06-19 | by ( Frank Holland | In Frank-Holland | ) www.cnbc.com time to read: +4 min

The tragedy sparked more awareness and positive change in corporate America, according to a new survey of Black executives conducted by CNBC, but the results from the survey show that there remains much work to be done. The survey, conducted by CNBC in partnership with the Executive Leadership Council, found 74% of Black executives saying they saw a positive change in hiring, retention and promotion of Black employees since Floyd was killed in May 2020. As many Black executives say organizational treatment of Black employees has remained the same (43%) or worsened (9%) since 2020, as those who say it has improved (48%). And exactly half say there are still less opportunities for Black employees than other employees at their organizations. More Black executives said that prior to 2020 their firms were "checking the DEI box" rather than taking a comprehensive approach.

Persons: George Floyd, Kerem Yucel, Floyd, Shundrawn Thomas, George Floyd's, Judy Smith, Smith, Smith & Company . Smith, Thomas, Rashida Jones, Priscilla Sims Brown, Melonie Parker, Johnson Organizations: Afp, Getty, Black, CNBC, Executive, Council, Copia, Smith & Company, Equity, Opportunity, MSNBC, Amalgamated Bank ., Google Locations: Minneapolis , Minnesota, U.S, America, New Orleans

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