You can never predict JuJu Watkins’ next move. The University of Southern California (USC) basketball player is now an investor in the National Women’s Soccer League’s Boston Legacy Football Club (Boston Legacy FC), according to a press release. Watkins makes history in the process as the first college athlete to invest in a women’s professional sports team. She joins a group of investors that includes Olympic gold medalist Aly Raisman, actress Elizabeth Banks, Celtics General Manager Brad Stevens, WNBA player Aliyah Boston, and Chicago Bears quarterback Caleb Williams. Sportico reports the city of Boston was awarded a National Women’s Soccer League team in 2023, and the team will begin competing in 2026. “Boston Legacy FC is creating a space for women to achieve, lead, and inspire others at the highest level, and I’m proud to be part of the movement pushing women’s sports forward,” Watkins said in a press release. Jennifer Epstein, controlling owner of Boston Legacy FC, commented:...

Filmmaker and philanthropist Tyler Perry has donated nearly $1.4 million to several nonprofit organizations supporting families affected by the loss of benefits from the Supplemental Nutrition Assistance Program (SNAP) amid the ongoing federal government shutdown. According to People, the funds are directed to groups that serve children, seniors, and low-income working households. Perry, 56, distributed the donation across multiple organizations, including Atlanta Community Food Bank, Baby2Baby, Meals on Wheels Atlanta, Caring for Others, All for Lunch, Ron Clark Academy, and Goodr. In a statement shared with People, Perry spoke about the impact of reduced food assistance on families. “If you’ve never been poor then you may not fully understand the life-changing impact SNAP benefits mean to hard-working people, to our seniors and to our children,” he said. “For millions of people, it could mean extreme hunger. For newborns, it could mean a lack of access to formula.” Perry described...

Scarlet by RedDrop Co-Founders Dana Roberts and Monica Williams are celebrating great success for their business, driven by a vision to support young girls navigating puberty. It all started with Robert’s time teaching fifth graders in an Atlanta classroom. She was approached by a student who had started her period and felt that she was dying, according to Yahoo! News. This would lead her to launch RedDrop, which was rebranded to Scarlet by RedDrop in 2025, alongside physician Williams, to serve tweens and teens. It offers pads, tampons, and period kits that include pads in various sizes, as well as a diary that shares helpful tips, according to its website. “RedDrop was our beginning, born from a desire to fill a gap in puberty care for school-age girls,” Williams told Inc. “But as we grew, we realized our name no longer held all that we were becoming. The rebrand reflects the company’s new educational period-care product line that supports tweens and teens at every stage of their...

JPMorgan Chase CEO Jamie Dimon believes AI will eventually shorten the work week and says people should embrace it now, before it transforms every corner of the workforce. Speaking at Fortune’s Most Powerful Women conference at the America Business Forum in Miami, FL, on Thursday, Nov. 6, 2025, Dimon said the future of work may involve fewer hours but greater value — if leaders take the proper steps now. He urged companies to modernize data systems so AI can use them effectively, invest despite power limitations, and create humane transitions for jobs that will disappear. “It’s going to affect every application, every job, every customer interface,” Dimon said, as Fortune reported. “My guess is the developed world will be working three-and-a-half days a week in 20, 30, 40 years, and have wonderful lives,” he continued. As AI takes on more routine work, the same result may require fewer hours — though every transition brings its own challenges. “It will eliminate jobs. People should...

Dance Theatre of Harlem, the professional ballet company and school based in New York City, has named Jaime Wynn, president of Jimmy Choo Americas, to its board of directors, the company announced. According to a press release, Wynn brings more than 25 years of experience in luxury fashion, business transformation, and brand growth. She has held senior roles at LVMH, leading global planning at Marc Jacobs, and at The Jones Group, where she helped scale Ralph Lauren’s licensed business and launched a $550 million private-label brand. Since 2021, Wynn has served as president of Jimmy Choo, per LinkedIn, guiding the brand’s evolution into a lifestyle fashion house with a focus on market leadership, omnichannel expansion, and operational innovation. She first joined the company in 2016 as vice president of sales & planning. Her appointment comes at a pivotal moment for Dance Theatre of Harlem, as the company, led by executive director Anna Glass and artistic director Robert Garland,...

Tiffany “The Budgetnista” Aliche continues to prepare people to take control of their finances. The Budgetnista The Nigerian American and former Newark, NJ, preschool teacher may no longer be working a traditional 9-to-5, but she remains an educator. For 15 years, she has taught financial literacy, a lesson rooted in her upbringing. “I grew up in a household where money was talked about all the time. My father was an accountant and a CFO … It wasn’t really until college that I realized that people didn’t get financial education at home,” she told attendees during the AFROTECH™ Conference 2025. Aliche had a reckoning while teaching on a $39,000 salary, realizing that the corporate world was not her goal and she wasn’t willing to lose her soul for a paycheck, she explained. This led her to become a master of her finances, and she also taught the parents of her students how to do the same. “The kids went to sleep during nap time, and I had Parent University during nap time. I showed...

For anyone hoping that new IRS direct deposit relief payments would arrive this November, the IRS and federal officials say no new stimulus or relief payments have been approved for 2025. IRS Direct Deposit Relief Payment The claims follow months of online discussion about potential federal aid programs. According to USA Today, payments have been referred to under labels such as “direct deposit relief,” “tariff rebate,” or “DOGE dividend.” The IRS says no new federal stimulus payments or rebates have been authorized, per the outlet. The only proposal under consideration is the American Worker Rebate Act of 2025, introduced by Sen. Josh Hawley (R-Mo.), which would provide payments ranging from $600 to $2,400 to qualifying taxpayers if enacted. As of November, the bill has not moved through Congress, and no payments are currently authorized. USA Today also noted that the last round of federal stimulus payments was distributed in response to the pandemic. Individuals who did not...

International Business Machines Corp. ( IBM ) announced on Tuesday, Nov. 5, 2025, that it will cut thousands of jobs in the fourth quarter as the company pivots toward higher-growth areas such as AI consulting and software. The technology company, which had 270,000 employees at the end of 2024, said the move aligns its workforce with changing market demand, according to The New York Times. “We routinely review our workforce through this lens and at times rebalance accordingly,” a company spokesperson said, per Bloomberg. “In the fourth quarter, we are executing an action that will impact a low single-digit percentage of our global workforce.” For years, IBM has practiced what it calls “workforce rebalancing,” cutting some positions while adding others, The Times reports. The number of workers in the United States is expected to remain steady despite some cuts. Since Arvind Krishna took over as CEO in 2020, IBM has pushed aggressively into high-growth areas such as cloud computing...

A former Paramount executive has filed a lawsuit alleging age and racial discrimination , claiming the company’s diversity push led to his firing after 30 years. Joseph Jerome, who is white, filed the lawsuit in California federal court on Oct. 31, 2025, according to The Hollywood Reporter. In the suit, Jerome, who worked at Paramount from 1994 to 2024, alleges he was one of three CBS Media Ventures (CMV) attorneys terminated and replaced by younger employees from minority groups. At the beginning of 2024, CMV reportedly had an approximately even split of white and minority attorneys, the lawsuit states. However, all those laid off from Jerome’s division were reportedly white and over 50 years old. The complaint states that a 25-year-old Black law school graduate and former CMV intern assumed Jerome’s position as the senior vice president of business and legal affairs and production counsel for Entertainment Tonight, while younger Asian attorneys whose prior roles were eliminated...

Andreessen Horowitz (a16z) has put its Talent x Opportunity (TxO) program on hold, marking an unexpected shift in the firm’s efforts to support founders from underserved communities, TechCrunch reports. Launched in 2020, as AFROTECH™ previously reported, the program aimed to bridge gaps in venture capital access for entrepreneurs, particularly women and minority founders, by offering mentorship, funding, and industry connections. The a16z TxO fund pause comes after five years of operations, during which the program supported more than 60 companies, per TechCrunch, including Brown Girl Magazine, food tech startup Myles Comfort Foods, and maternity tech company Villie. Participants benefitted from a 16-week training program, access to a professional network, and $175,000 in investments via a donor-advised fund managed by the nonprofit Tides Foundation. In 2024, TxO expanded to include grants of $50,000 each for three nonprofits focused on tech entrepreneurship in underserved...

CurlMix Co-founder Kim Lewis says her business is on the verge of closing. As AFROTECH™ previously told you, CurlMix is a clean, natural haircare line founded by Kim and Tim Lewis in Chicago. The pair appeared on “Shark Tank” in 2019 and rejected a $400,000 offer for 20% of the company. Instead, they raised $1.2 million on their own in 2020 for 10% of the brand. By the following year, they had launched a crowdfunding campaign, raising more than $3.6 million in 30 days. The business launched a separate crowdfunding campaign in 2024, which led to $5.7 million from 9,248 investors, according to information from its Wefunder. With a mission to protect Black ownership, the business is now fighting to stay open. In an Instagram post, Kim revealed that 20,000 orders are needed to ensure the business’s survival. “This has been the most difficult year in business. This year in business was harder than COVID with tariffs and taxes and ingredient costs going up and shipping time slowing down,”...

From financial uncertainty to high-fashion success, Salehe Bembury has shaped modern sneaker culture with creativity and vision. Salehe Bembury On Landing Versace In a conversation with “The Cutting Room Floor” podcast host Recho Omondi, Bembury shared how he secured opportunities with luxury brands like Versace, an experience that established him in the world of high-fashion sneakers. Bembury recalled a moment of financial uncertainty. “I’m out of money. I’m getting scared. I look like the image of unemployment. I’m in my underwear eating cereal on my couch,” he said in a clip from the Patreon podcast.   View this post on Instagram   A post shared by OMONDI (@omndi) At that low point, he reached out to Dean Quinn, a design director at Versace, through LinkedIn. “Forever grateful for him replying,” Bembury said, adding that he pitched a project for Versace’s sneaker line. He suggested that Versace could create sneakers incorporating the brand’s signature elements, including the...

Patti LaBelle has struck a deal with Primary Wave. LaBelle, the independent publisher, has closed a deal with the legendary artist for the income stream from her royalties, according to The Hollywood Reporter. This will include LaBelle’s full catalog, which includes 18 studio albums and three live albums. Financial details of the deal were not disclosed, the outlet reported. “We are so honored to be in business with a legend such as Ms. LaBelle. She’s a true icon and trailblazer. We are looking forward to doing great things together,” Primary Wave’s Steven Greener said in a statement, according to The Hollywood Reporter. LaBelle’s hits over the years include “On My Own,” “New Attitude,” and “Lady Marmalade,” which regained momentum after it was covered by Christina Aguilera, Mya, Pink, and Lil’ Kim in the movie “Moulin Rouge!” (2001). “If Only You Knew,” which was released in 1983, is a personal favorite of LaBelle. “I enjoy ‘If Only You Knew.’ It’s a hard song to sing, but I can...

Amazon CEO Andy Jassy addressed the company’s recent layoffs during its quarterly earnings call on Oct. 30, saying the decision to cut 14,000 corporate positions was based on cultural factors rather than financial or AI-related reasons, Fortune reports. “The announcement that we made a few days ago was not really financially driven, and it’s not even really AI-driven, not right now at least,” he said during the call. “It’s culture.” The Amazon layoffs, which largely affected middle management, followed a June 2025 memo, according to a previous Fortune report. In it, Jassy said that advancements in AI have increased efficiency across the company. In a separate internal communication, Beth Galetti, Amazon’s senior vice president of people experience and technology, described the restructuring as an effort to adjust to the “transformative technology” of AI. Amazon’s workforce has grown significantly in recent years. The company currently employs about 1.55 million people worldwide,...

International Business Machines Corp. ( IBM ) is facing a lawsuit alleging it discriminated against Black executives when it terminated them to align with the Trump administration’s push to eliminate federal diversity, equity, and inclusion (DEI) programs. Former IBM executive Zena Washington filed the 15-page lawsuit on Wednesday, Oct. 29, 2025. According to the suit, Washington, who spent 26 years with the company before her dismissal in February 2025, held various roles in product management and engineering, most recently serving as director of product management for data and AI . According to the lawsuit, Washington “was viewed as an excellent employee” and consistently received positive performance reviews and bonuses. She was also selected for an IBM program that prepares employees for senior executive roles. “This is further evidence that until her termination, IBM viewed the plaintiff as one of the most highly valuable employees with strong potential to go into a C-Suite...