Business

Business

How Shaquille O’Neal and his son Shareef are restructuring Reebok’s basketball division

Shaquille O’Neal is many things- a sports analyst, podcast host, rapper, music producer, touring DJ, movie star, and entrepreneur. Last year, the four-time NBA champion added another title to his resume; President of Basketball at Reebok.…

By Preta Peace Namasaba October 23, 2024
Business

Floyd Mayweather enters Manhattan real estate with $402 million affordable housing deal

Floyd Mayweather, the legendary boxer known for his undefeated record in the ring, is making waves in Manhattan’s multifamily real estate market with a monumental investment. The retired athlete has secured a $402 million deal…

Business

Black Canadian founder Claudette McGowan makes history raising $7.2 million for AI-powered cybersecurity firm

Black Canadian founder Claudette McGowan has made history with the close of $7.2 million (CA$10 million) Series A for her AI-Powered cybersecurity firm Protexxa. She now holds the record for the largest amount raised by…

By Preta Peace Namasaba September 2, 2024
Business

Robert F. Smith’s Vista Equity Partners acquires JAGGAER after raising $20 billion to invest in AI

Robert F. Smith’s Vista Equity Partners has acquired JAGGAER, a global leader in enterprise procurement and supplier collaboration software, from Cinven. The acquisition aligns with the firm’s goal of investing in artificial intelligence after raising…

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Business

How Dr. Kofi Smith, an aspiring NFL player became president and CEO of the world’s busiest airport

Hartsfield-Jackson Atlanta International Airport – named after Maynard Jackson, the first Black mayor of Atlanta and of any major city in the South, is the busiest and most efficient airport in the world. It generates…

By Preta Peace Namasaba October 26, 2024
Business

Here’s why the country’s largest Black-owned construction firm turned down early investment offer from Michael Jordan

Michael Jordan’s extensive investment portfolio has seen him back numerous ventures, but one offer he made didn’t go as planned. In the early 1990s, C. David Moody Jr., founder of the largest Black-owned construction management…

By Kweku Sampson October 25, 2024
Business

Microsoft’s Pam Maynard named 2024 Black British Business Person of the Year

Pamela Maynard, Microsoft’s Chief AI Transformation Officer for Customer and Partner Solutions, has been named the 2024 Black British Business Person of the Year at the Black British Business Awards (BBBA). Now in its 11th…

By Kweku Sampson October 24, 2024
Business

How George Foreman built a massive $300M business empire after retiring from boxing

Born on January 10, 1949, in Marshall, Texas, George Foreman first made headlines as a dominant force in the world of boxing before venturing into the world of business. His rise to fame began with…

By Kweku Sampson October 23, 2024
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