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☆ Remembering the Rappers We Lost
▼ + stars: | 2023-08-08 | by ( Danyel | ) www.nytimes.com time to read: +4 min

That same year, the Recording Academy finally included a rap category in the Grammy Awards, and Will Smith, a.k.a. And then, in September 1996, Tupac Shakur died at 25 in Las Vegas, having been shot four times. Hill’s was the first hip-hop album to win album of the year (along with four other Grammys). In 1999, Big L of Harlem (Lamont Coleman) was shot nine times in the face and chest on West 139th Street near his Harlem home. On Oct. 30, 2002, Run-DMC’s D.J., Jason Mizell, known as Jam Master Jay, was killed in his Queens recording studio at age 37.

Persons: Will Smith, a.k.a, DJ Jazzy Jeff, “, ”, Tupac Shakur, Roland Bishop, Ernest Dickerson’s, Christopher Wallace, poolside partyer, DJ Quik, Gen, Biggie Smalls, Shakur, Will, Biggie, ’ Raymond Rodgers, Evans’s, Kirk Franklin, Cheryl James, Lauryn Hill ”, Jay, Z’s, Hill’s, Big, Harlem, Lamont Coleman, Jason Mizell, Mizell, Rap Organizations: Recording Academy, Billboard, Motown, Queens Locations: Florida, Las Vegas, God’s, Harlem

☆ How Rao's pasta sauces went from the kitchen of New York's most exclusive Italian restaurant to be sold to Campbell's in a $2.7 billion deal
▼ + stars: | 2023-08-08 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

Specialty foods company Sovos bought the brand in 2017 and grew sales to more than $600 million. Bobby Bank/WireImageSales grew slowly until 2017 when specialty foods company Sovos Brands bought the Rao's Homemade packaged foods division and turned up the proverbial heat. Hermida added that sauce makes up more than 80% of Sovos' business, and that one in eight US households buy Rao's Homemade sauce. Sovos reported Rao's brand sales of $580 million in 2022, largely through Costco and Walmart, and sales have already climbed more than 33% in 2023. On Monday, Sovos announced a $2.7 billion deal with Campbell Soup in which the packaged foods giant would acquire the group, including Rao's Homemade.

Persons: Sovos, Campbell Soup, Frank Pellegrino Sr, Frank Pellegrino, Dino Gatto, Yuri Hermida, Forbes, Hermida, Campbell Organizations: Service, Bobby Bank, WireImage, Sovos Brands, Costco, Walmart Locations: Wall, Silicon, East Harlem, New York, Las Vegas, Los Angeles, Rao's

☆ O’Shae Sibley’s ‘Expression Was Turned Into Resistance’
▼ + stars: | 2023-08-07 | by ( Gia Kourlas | More About Gia Kourlas | ) www.nytimes.com time to read: +1 min

Robert Garland, the artistic director of Dance Theater of Harlem who, like Sibley, is from Philadelphia, recently presented a ballet at Lincoln Center. “O’Shae put his body on the line,” Garland said in an interview. “And his expression was turned into resistance. He was just being who he was.”Because of the way he died — and the way that he was dancing when he died — Sibley’s body is now an act of resistance. That has much to do with vogue, a language that grew out of the Harlem ballroom scene of the 1960s.

Persons: Robert Garland, Sibley, John Carlos, “ O’Shae, ” Garland, “, —, Joan Myers Brown, remembrances, Jason Rodriguez Organizations: Dance Theater of Harlem, Lincoln Center, Philadelphia Dance Company, Ailey, Gliding, Adidas Locations: Philadelphia, Mexico City, Sibley, Harlem

☆ Dream Hampton: ‘The Flooding Eats Your Memories. It Destroys Them.’ - The New York Times
▼ + stars: | 2023-07-25 | by ( Dream Hampton | ) www.nytimes.com time to read: +1 min

The December she died, in 2021, grief had already lodged deep in my chest after I lost my beloved friend Greg Tate. It was hard to breathe, but harder to imagine returning to Harlem, where we’d spent afternoons that equaled years, writing, talking and walking. I began making this short documentary earlier that year, unable to know we’d lose Didion, Tate and bell hooks, three writers who meant the world to me. This is a short film about loss and memory, the flooded Midwestern basements where we collect family ephemera. But when I’m home and moving through spaces that hold my deepest memories, I feel mournful.

Persons: Joan Didion, Greg Tate, we’d, Detroit, I’m Organizations: Detroit Locations: Harlem

☆ At a Manhattan Park With a Troubled History, a Promising Research Site
▼ + stars: | 2023-07-21 | by ( Hurubie Meko | ) www.nytimes.com time to read: +1 min

On a sticky July afternoon, as the sun beat down and the temperature climbed into the high 80s, several dozen people gathered on the banks of a murky pond in Morningside Park in Manhattan to talk about a slimy green problem. The pond, built in 1989, is a highlight of the leafy park, which runs for 13 blocks through Harlem and Morningside Heights. But in recent years, it has turned a sickly shade of green as algae has overtaken its surface. And on this Saturday, scientists from Columbia University and the city’s Parks Department began a new research effort at the site into the spread of harmful algae blooms worldwide. For the university, the project represents a new chapter in its complicated and sometimes tense relationship with the surrounding community over this section of the park.

Persons: Joaquim Goes, Columbia’s Lamont Organizations: Columbia University, city’s Parks Department, Columbia Locations: Morningside Park, Manhattan, Harlem, Morningside Heights, Columbia, Texas, Oman, Arabian

☆ Colson Whitehead on ‘Crook Manifesto’ and Harlem in the ’70s
▼ + stars: | 2023-07-21 | by ( ) www.nytimes.com time to read: +1 min

Gilbert Cruz is joined by two-time Pulitzer Prize winner Colson Whitehead, who talks about his novel “Crook Manifesto,” which picks up the tale of furniture salesman and sometime crook Ray Carney, and what it was like to write about Harlem in the ’70s. He also reflects on his famous post-9/11 essay about New York City. … I felt better writing it, and I was articulating so much about the city I’d never tried to articulate before. And then when it came out, it meant so much to other people. You can send them to books@nytimes.com.

Persons: Gilbert Cruz, Colson Whitehead, Ray Carney, ” Whitehead, ”, …, I’d Organizations: Harlem, New, New York Times Magazine Locations: New York City, “, New York, ”

☆ Watching for the Bus Stop Gallery
▼ + stars: | 2023-07-19 | by ( Jori Finkel | More About Jori Finkel | ) www.nytimes.com time to read: +1 min

The artist Felipe Baeza knows something about waiting for the bus. Growing up in Chicago in the 1990s, he rode the city bus on his own starting around age nine. Going to college at Cooper Union in New York to study art, he took the bus or subway from his home in Spanish Harlem to get to class. They will also appear on digital kiosks and newsstands in Mexico City. Navigating a city by public transportation changes the way you experience the landscape, the world.”

Persons: Felipe Baeza, ”, Baeza, “ Organizations: Cooper Union, Art Fund Locations: Chicago, New York, Spanish Harlem, Los Angeles, Brooklyn, Baeza, Boston, Léon, Mexico, Mexico City, Celaya

☆ When Signs of Trouble Appear, Mayor Adams Turns to His Religious Base
▼ + stars: | 2023-07-13 | by ( Jeffery C. Mays | More About Jeffery C. Mays | ) www.nytimes.com time to read: +1 min

The next day, a longtime associate of Mr. Adams had been charged in a straw donor scheme to raise money for his mayoral campaign; the mayor was not implicated. Amid the wave of negative news, Mr. Adams chose to lay low. “Hard is having someone talk down to you and expect for you to take it no matter what they say and what they do,” Mr. Adams told the parishioners. Carmel Baptist Church and the Fire Department chaplain, conducted a morning prayer with Mr. Adams. Andrew M. Cuomo was being investigated for sexual harassment, he visited a Black church in Harlem with political leaders, and was often photographed with Latino and Black members of the clergy.

Persons: —, Adams, Mr, “, ”, V, Simpson Turner, Eric Adams, Andrew M, Cuomo Organizations: New York Times, Christian Cultural Center, Carmel Baptist Church, Fire Department Locations: Mt, Carmel, ”, Harlem

☆ Colson Whitehead Returns to Harlem, and His Hero Returns to Crime
▼ + stars: | 2023-07-13 | by ( Walter Mosley | ) www.nytimes.com time to read: +2 min

Carney is resigned and observant, a participant and a hostage, as he embarks on a nightmarish shotgun ride across New York City. The more the cop talks, the more Carney tries to figure a way out, an exit. “Out of step even then, lost among the tall buildings.”Whitehead’s men struggle with connections, they carry their heartaches and lost loves close to the chest. They have names, and nicknames gained from what can only be called traumatic past experiences: Zippo, Corky. Caught up in their specialties, they run the rackets like the corrupt corporations that run America.

Persons: Carney, “ Don Quixote ”, Whitehead, brutalities, Corky Locations: New York City, Harlem, Hell’s, “, America

☆ One Parent, Two Teenagers and a Three-Bedroom House: Would Her Budget Be Enough?
▼ + stars: | 2023-07-13 | by ( Mark Kreidler | ) www.nytimes.com time to read: +2 min

“I found a good grad school program in the area,” Ms. King, 43, said. When her marriage ended, she found a small rent-controlled house for herself and her two boys in the multicultural Dimond District of Oakland. Email: thehunt@nytimes.com]“She asked a lot of questions, I’ll tell you,” said Sebron Flenaugh, the agent she worked with at Fordy Realty. “Oakland is very much a block-by-block place,” Ms. King said. “I was ready to quit looking at one point,” Ms. King said.

Persons: King, “, Ms, I’d, ”, King —, Sebron Flenaugh, Flenaugh, ” Ms, Sebron, Mr Organizations: Bay Area, Dimond District of, Oakland Museum of, Oakland Museum of California —, Fordy Realty, Oakland Locations: California, Yorker, Harlem, Queens, Bay, Dimond District, Dimond District of Oakland, New York, Oakland Museum of California

☆ What to Know About Vermont’s Devastating Floods
▼ + stars: | 2023-07-12 | by ( Anna Betts | More About Anna Betts | ) www.nytimes.com time to read: +1 min

Though skies have cleared since Monday’s storm, rivers are spilling over their banks, dams are filling up, and forecasters are warning of more rain in the coming days. Here’s what to know about the flooding:Thousands of residents have lost their homes or businesses to the storm. The storm first struck New York State on Sunday, with one death attributed to fast-moving floodwaters there. Within only four hours, more than seven inches of rain fell at West Point. The system then headed north into New England, causing severe flooding and forcing hundreds of people to evacuate their homes in Vermont.

Organizations: New, Metro Locations: Vermont, New York State, West, Hudson, Harlem, New England

☆ Review: In ‘Malvolio,’ Hope (and a Title Role) for a Damaged Heart
▼ + stars: | 2023-07-10 | by ( Laura Collins-Hughes | ) www.nytimes.com time to read: +1 min

Poor old Malvolio. Amid the comic romance of Shakespeare’s “Twelfth Night,” he is the imperious steward who gets cruelly pranked for sport, duped by a band of smart alecks who forge a love letter seemingly addressed to him. Then he is locked away in darkness, where his tormentors continue to mess with his mind. Twenty years after the end of “Twelfth Night,” Malvolio is long gone from the island of Illyria. A respected military general in a stubborn war, he is the leader of the Legion of the Cross-Gartered.

Persons: Shakespeare’s, he’s, Betty Shamieh, Allen Gilmore, Celeste Jennings, festers Organizations: of Harlem, Legion Locations: Illyria

☆ Community Land Trusts Are Working to Create New Homeowners
▼ + stars: | 2023-07-08 | by ( Claire Fahy | More About Claire Fahy | ) www.nytimes.com time to read: +2 min

The community land trust model was largely used in rural communities until the 1980s, when Cincinnati became the first city to have a land trust operate in an urban neighborhood. In 1984, Senator Sanders, who was then the mayor of Burlington, created one to help address his city’s housing crisis. In 2020, the East Harlem El Barrio community land trust bought four apartment buildings that had fallen into disrepair from the city for one dollar each. Around the country, activists have also used community land trusts in nontraditional ways. Steve King, the executive director of the Oakland Community Land Trust, said California has seen its number of land trusts double in the last few years.

Persons: Sanders, Athena Bernkopf, West, Steve King Organizations: Cincinnati, East Harlem El, Preservation, East, Land Trust Locations: Burlington, New York, East Harlem El Barrio, East Harlem, Leimert, Los Angeles, Mr, Oakland, California

☆ Wall Street wealth helps boost endowments at posh New York City private schools
▼ + stars: | 2023-07-05 | by ( Gertrude Chavez-Dreyfuss | ) www.reuters.com time to read: +4 min

The tuition to attend private day schools in New York City can range from $58,000 to about $65,000 per year. Roughly 20% of school children attend private schools in New York City, according to think tank Manhattan Institute. With larger endowments and higher income from tuition, New York City private schools have bigger investment portfolios as well, which include long-term investments. New York City private schools have yet to report figures for 2022, when the S&P 500 fell 19%. Tuitions at New York City private schools are also outpacing those of their counterparts around the country.

Persons: outsized, Horace Mann, Walter Dillingham, Dillingham, Myra McGovern, McGovern, Gertrude Chavez, Dreyfuss, Alden Bentley, Mark Porter Organizations: YORK, Manhattan Institute, Wilmington Trust, National Association of Independent Schools, New York, New, Internal Revenue Service, Horace, Brearley School, Prep Day School, Little Red School House, Harlem Academy, Tuitions, Thomson Locations: New York, New York City, Wilmington, Bronx, Brooklyn, Manhattan, NAIS, Washington, Kansas City

☆ For Yusef Salaam, a Landslide Just Might Be the Best Revenge
▼ + stars: | 2023-07-05 | by ( Ginia Bellafante | More About Ginia Bellafante | ) www.nytimes.com time to read: +3 min

Six years ago, Mr. Salaam moved to Georgia; Harlem had become so expensive. He sees the lack of affordable housing as the area’s chief concern, and he is committed to working with developers to create more. Mr. Salaam’s ascent suggests the political appeal of lived experience over the attraction of outlier ideologies that have been cultivated at a privileged distance. Despite what he suffered at the hands of a warped system, Mr. Salaam maintains a position on policing that is comparatively moderate, calling for better and more sensitive policing, not a world without it. One of his political supporters is a former corrections officer who first encountered Mr. Salaam in a Lower Manhattan courthouse in the early stages of his long ordeal.

Persons: Salaam, Ms, Jordan, Harlemites, Brown, George Floyd, “, ”, Derrick Taitt, “ It’s, I’ll, Taitt Organizations: Calhoun School, Mr, Community Association of, East Harlem Locations: Georgia, Harlem, Lower Manhattan

☆ Yusef Salaam Is Declared Winner of Harlem City Council Primary Race
▼ + stars: | 2023-07-05 | by ( Jeffery C. Mays | More About Jeffery C. Mays | ) www.nytimes.com time to read: +1 min

Yusef Salaam, one of five Black and Latino men whose convictions were overturned in the 1989 rape and assault of a female jogger in Central Park, cemented his victory in a highly contested City Council primary race in Harlem, according to The Associated Press on Wednesday. Mr. Salaam, 49, held a commanding lead on Election Day, with more than twice the number of votes over his closest rival, Inez Dickens, a state assemblywoman. The New York City Board of Elections began tabulating ranked-choice votes on Wednesday, and the new ranked-choice tabulation now shows Mr. Salaam with almost 64 percent of the vote to Ms. Dickens’s 36 percent. “This is a victory for justice, dignity and decency for the Harlem community we love,” Mr. Salaam said in a statement. Mr. Salaam is not expected to face a serious challenger, if any, in November.

Persons: Yusef Salaam, Inez Dickens, tabulating, ” Mr, Salaam, “, ’, Dickens, Al Taylor Organizations: Council, Associated Press, Mr, New York, Assembly Locations: Central Park, Harlem, New York City

☆ Her Symphony Reclaims an Ancestral Story, and Classical Music
▼ + stars: | 2023-07-04 | by ( Tim Greiving | ) www.nytimes.com time to read: +1 min

She arrived on the New York musical scene screaming — shredding an electric guitar and belting out lyrics of resistance by way of punk rock, becoming a fixture at Joe’s Pub. Shanta Thake, the new chief artistic officer at Lincoln Center, was an early fan. “If you were just to describe her visually, walking around, she is so fierce,” Thake said. She was dipping back into classical music, and she realized, if only after the fact, that she was trying to recreate the fellowship she had experienced in school choir — but now in a safe space while maintaining her agency. She recently scored a PBS documentary about the Gullah Geechee, “After Sherman,” and is working on John Ridley’s biopic of Shirley Chisholm starring Regina King.

Persons: Shanta Thake, ” Thake, “, fierceness, Daniel Bernard Roumain, Roumain, Tamar, kali, Kate Bush’s, ” Roumain, ” Tamar, Kate Bush, ”, Dee Rees’s, Sherman, John Ridley’s, Shirley Chisholm, Regina King Organizations: Lincoln Center, Arizona State University, PBS Locations: York, Harlem, New York, “, ”

☆ In Harlem and Beyond, City Election Points to a Generational Power Shift
▼ + stars: | 2023-06-28 | by ( Jeffery C. Mays | ) www.nytimes.com time to read: +1 min

Walking down 125th Street the day after taking a commanding lead in the race for a City Council seat in Central Harlem, Yusef Salaam couldn’t make it half a block without someone congratulating him on his likely victory. Voter after voter who greeted Mr. Salaam on Wednesday said they recognized him as one of the five Black and Latino men exonerated in 2002 in the rape and assault of a female jogger in Central Park in 1989. “I think this election is largely about change,” Mr. Salaam, 49, said. The other candidate in the race was Al Taylor, 65, also an assemblyman serving his sixth year in the State Legislature. In both Harlem and East New York, voters went from supporting self-described socialists to backing moderate Democrats.

Persons: Yusef Salaam couldn’t, Mr, Salaam, “, Inez Dickens, Eric Adams, Al Taylor, Charles Barron, Inez Barron Organizations: Council, United Federation of Teachers Locations: Central Harlem, Central Park, Harlem, Brooklyn, East New York

☆ New York Primary Election Results
▼ + stars: | 2023-06-27 | by ( ) www.nytimes.com time to read: 1 min

New York City Council Ninth DistrictThe Ninth Council District’s Democratic primary in Harlem pits two State Assembly members, Inez Dickens and Al Taylor, against Yusef Salaam, one of five men who were convicted and then exonerated in a 1989 rape and assault of a female jogger in Central Park. The name of Councilwoman Kristin Richardson Jordan, the incumbent, remains on the ballot despite dropping out of the race last month.

Persons: Inez Dickens, Al Taylor, Yusef Salaam, Councilwoman Kristin Richardson Jordan Organizations: Ninth, Council, Democratic, Assembly Locations: York, Harlem, Central Park

☆ Opinion | Coming Out Late — and Finding a New Life in Midlife
▼ + stars: | 2023-06-24 | by ( Charles M. Blow | ) www.nytimes.com time to read: +1 min

Born, bred, toasted, buttered, jelly-jammed and honeyed in Harlem.”That’s how Audrey Smaltz, a former model and fashion industry veteran who turned 86 this month, introduced herself to me years ago at a Midtown Manhattan reception. She was the grande dame of the room, floating through it, incandescent, fun and unabashedly flirty. “I had fabulous men in my life,” she told me recently, but in 1999, the Olympic basketball star Gail Marquis, 17 years Smaltz’s junior, asked her out to dinner. Smaltz didn’t think of it as a date and said she had no interest in women at the time. But when Marquis kissed her good night, Smaltz recalled, “it was like kissing a man.” She said, “I couldn’t believe myself,” then laughed, punctuating the thought: “Whoa!”They married in 2011.

Persons: “, ”, Audrey Smaltz, Gail Marquis, Smaltz didn’t, Marquis, Smaltz, Gallup Organizations: Olympic, Pew Research Center Locations: Harlem, Manhattan

☆ A Family Trio Starts a New Chapter in the City. Where Could They Find Three Bedrooms?
▼ + stars: | 2023-06-22 | by ( Debra Kamin | ) www.nytimes.com time to read: +2 min

Ms. Secor, a design consultant, looked out the window at Broadway and saw a stream of people fleeing north. Ms. Secor sold her TriBeCa co-op in 2005, and the couple welcomed twin girls, Romy and Naia, in 2006. But Ms. Secor had lived in New York for more than a decade before 9/11, and she missed the city. But Ms. Hill had different advice. Ms. Hill found some condos that fit the profile, streaming her visits on FaceTime so Ms. Secor could see them from Quebec.

Persons: Anne Secor, Secor, ”, “, Romy, Hill, Ms Organizations: World Trade, TriBeCa, Naia, New, Estate Agency Locations: TriBeCa, Manhattan, Canada, Quebec, Morin, Laurentian, New York, “ New York, Harlem, Flatbush , Brooklyn, FaceTime

☆ Harlem City Council Election Tests Limits of Progressive Politics
▼ + stars: | 2023-06-17 | by ( Jeffery C. Mays | ) www.nytimes.com time to read: +1 min

Two years ago, when a democratic socialist narrowly won a crowded Democratic primary for a City Council seat in Harlem, some saw it as a sign that the historically Black neighborhood was becoming more politically progressive. But roughly a month before this year’s primary on June 27, the first-term councilwoman, Kristin Richardson Jordan, unexpectedly dropped out of the race. Her decision has recast the hotly contested Democratic primary, which now comprises three candidates — none particularly progressive. Two are sitting State Assembly members: Al Taylor, 65, a reverend in his sixth year in the Legislature; and Inez Dickens, 73, who held the Harlem Council seat for 12 years before joining the Assembly. All are moderate Democrats who, before Ms. Jordan’s withdrawal, had tried to distance themselves from Ms. Jordan and her political stances, which include redistributing wealth and abolishing the police.

Persons: Kristin Richardson Jordan, Al Taylor, Inez Dickens, Yusef Salaam, Jordan Organizations: Democratic, Council, Assembly, Harlem Council Locations: Harlem, Central Park

☆ What Greta Lee, Lizzy Caplan and Spike Lee Wore to Party This Week
▼ + stars: | 2023-06-16 | by ( Emma Grillo | Sadiba Hasan | ) www.nytimes.com time to read: +1 min

On Monday night, luminaries of music and film, dressed in ruffles, sequins and tulle, gathered in Harlem at the Apollo Theater and in SoHo for a Tribeca Film Festival dinner. Uptown, the Apollo hosted its annual Spring Benefit, where musicians and philanthropists celebrated the theater’s 90th year and Kareem Abdul-Jabbar and Sean Combs accepted awards. The event included performances by Wyclef Jean; Stout; Gladys Knight, and MC Lyte, who were supported by Ray Chew, the music director for the event, and his band. Downtown, on Spring Street, Chanel hosted the 16th annual Tribeca Festival Artists dinner at Balthazar, which honored women artists who contributed original artwork to the festival’s filmmakers. The crowd included Robert De Niro, Lizzy Caplan, Tracee Ellis Ross, Brendan Fraser, Katie Holmes and Sofia Coppola.

Persons: Kareem Abdul, Jabbar, Sean Combs, Wyclef Jean, Stout, Gladys Knight, MC Lyte, Ray Chew, Derrick Jones, ”, DJ Kool, Chanel, Balthazar, Robert De Niro, Lizzy Caplan, Tracee Ellis Ross, Brendan Fraser, Katie Holmes, Sofia Coppola Organizations: Apollo, Tribeca, Downtown Locations: Harlem, SoHo

☆ Mark Bradford Strikes a Pose of Quiet Self-Reflection
▼ + stars: | 2023-06-14 | by ( John Vincler | ) www.nytimes.com time to read: +1 min

Mark Bradford found his way to becoming an artist while working in his mother’s beauty shop. The Los Angeles-born artist used layers of the cheap end papers — thin delicate sheets used to protect hair from burning during perming — instead of paint in the early works that would soon earn him an international reputation, eventually leading to the official United States pavilion at the 2017 Venice Biennale, his most important exhibition to date. Nearly 40 when Thelma Golden selected him to participate in her landmark 2001 “Freestyle” exhibition at the Studio Museum in Harlem, featuring mostly young Black artists embracing abstraction and challenging dogmas of representation, he has emerged as one of America’s greatest living painters. Yet, technically speaking, he continues to use paper rather than paint as his primary medium. In “You Don’t Have to Tell Me Twice,” Bradford’s works take over the entirety of Hauser & Wirth’s five-story Chelsea flagship, his first New York solo exhibition since 2015, showing a dozen paintings alongside two works that set the mood, a sculpture and a video piece that find the artist taking stock and assessing his own meteoric rise.

Persons: Mark Bradford, —, Thelma Golden Organizations: Studio Museum, Hauser, Chelsea, New York Locations: Los Angeles, United States, Venice, Harlem

☆ Apple adds $25 mln venture capital commitment for minority-owned businesses
▼ + stars: | 2023-06-14 | by ( ) www.reuters.com time to read: +1 min

June 14 (Reuters) - Apple (AAPL.O) said on Wednesday it is investing an additional $25 million to three funds working with minority-owned businesses, bolstering its backing for communities that continue to be underrepresented in the technology space. The funds would go to Collab Capital, Harlem Capital and VamosVentures and boost the tech giant's venture capital support for diverse businesses, to $50 million. The statement comes more than two years after the Cupertino, California-based company's foray into VC funding to back entrepreneurs of color. Companies across the spectrum in corporate America have pledged to do more to support initiatives aimed at racial equity after the murder of George Floyd in 2020 prompted a global reckoning over racism. Reporting by Niket Nishant in Bengaluru; Editing by Maju SamuelOur Standards: The Thomson Reuters Trust Principles.

Persons: George Floyd, Niket, Maju Samuel Organizations: Collab, Harlem Capital, VamosVentures, Thomson Locations: Cupertino , California, America, Bengaluru

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