Business

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…

By Preta Peace Namasaba September 2, 2024
Business

Slutty Vegan founder Pinky Cole gifts two longtime employees their own restaurant

To celebrate Slutty Vegan’s 6th anniversary, its founder and CEO, Pinky Cole Hayes has rewarded two of her longtime employees, Angel Barnwell and Miesha Hambrick with their own franchise. The two women have been crucial…

By Preta Peace Namasaba August 26, 2024
At the age of 21, Figgers became the youngest telecoms operator in the US. His Florida based Figgers Wireless is the only minority-owned telecommunications company in the United States.
Business

Abandoned as child, here is how Freddie Figgers defied odds to build the nation’s only minority-owned telecom company at 21

Freddie Figgers is the proverbial stone that the builders rejected. Abandoned as a newborn next to a dumpster, he was adopted by an elderly couple in rural Florida. His spirit was crushed when he discovered…

By Preta Peace Namasaba August 19, 2024
CEO Avante Price and CPO Eli Taylor-Lemire. POSH
Business

Black-owned events platform POSH secures $22 million in Series A funding to empower event social creators

Black-owned events company POSH has secured $22 million in Series A funding to further its goal of connecting people through shared event experiences. Founded by Avante Price and Eli Taylor-Lemire, the platform has garnered over…

By Preta Peace Namasaba August 18, 2024

More in Business

Business

Twice-homeless millionaire Dean Forbes tops UK Black Power list

Dean Forbes, once a homeless teenager in a rough South London estate, has been named the most influential Black Briton on the Powerlist 2025, a prestigious ranking celebrating the top Black role models in the…

By Kweku Sampson November 1, 2024
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
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