Biz/Media

Silicon Valley legend Steve Jobs on Wednesday resigned as chief executive of Apple Inc in a stunning move at the technology giant he co-founded in a garage. The 55-year-old Apple co-founder and pancreatic cancer survivor has been on medical leave for an undisclosed condition since January 17. Apple said Steve Jobs has been elected chairman […]

Black-owned banks are struggling to remain relevant and during difficult economic times, according to a report by HuffingtonPost.com The number of black-owned banks across the nation is shrinking– almost half of the banks closed in the past two decades. HuffingtonPost.com reports: Their traditional customer base — lower and middle class blacks, small business owners and […]

CNN’s most successful yearly series Black in America 4 will make its debut this November with its award-winning host, Soledad O’ Brien, leading the charge once again. This year, Black in America 4, will again focus on some of the various issues affecting the African American community. In this trailer, Soledad O’Brien goes to Silicon […]

Techcrunch founder and CEO Michael Arrington raised some eyebrows recently when he attacked CNN’s Black in America 4 special which talks about the lack of African Americans in Silicon Valley. See Also: Black In America 4 Exclusive Trailer See Also: CNN’s Soledad O’Brien Talks To NewsOne About NewMe Accelerator, Black In America 4 After a […]

Facebook is on the defensive after various social networks went abuzz when users who synced their phones found out that all their contacts numbers were on the site. The social networking site denied rumors that syncing mobile phones with the social network publicly reveals the phone’s contacts. The story began circulating yesterday via status updates […]

A new plan launched by Comcast dubbed “Internet Essentials” will help low-income families afford the internet for just $10 a month. Comcast, whose lowest priced plans range between $40 and $60, have decided to bring the internet to more families across the country who can’t afford their current rates. The internet connection features 1.5 Mbps […]

Black Enterprise Magazine recently did a feature titled “The new faces of Silicon Valley.” Silicon Valley, a tech-hub that isn’t known for having many African-Americans, is undergoing a transformation thanks to several initiatives like the NewMe Accelerator. The edition features the founder of Black Web Media and the NewMe Accelerator, Angela Benton. Read more at […]

A new article in Business Journal details how consumer electronics powerhouse Apple has more cash on hand than the world’s largest sovereign government. Apple sat on a cash pile of $76.2 billion at the end of the June quarter, the sum which is comprised of cash, cash equivalents and marketable securities. Per this statement from the US […]

While America’s economic turmoil has impacted the entire nation, Black businesses seem to be some of the most severely affected. Today, in the U.S., there are half as many Black-owned car dealerships than there were three years ago. Automotive News details the industrywide decline. Black dealers have taken a disproportionate hit — “drastic” in the […]

The popular video sharing site YouTube is booming and people of color are the users fueling its growth, according to a report by the Pew Internet & American Life Project. The study found that Black and Hispanic Internet users consume the most video, with 76 percent of African Americans and 81 percent of Hispanics reporting […]

I’m Tiffani Ashley Bell and I founded Pencil You In as a way to allow hairstylists and makeup artists to accept appointments online and by extension, grow their clientele. I’ve been programming since I was a kid, but at some point, I realized it was more important to use my technical ability to solve real […]

A program aimed at helping jumpstart the local economies of struggling cites is pairing high-performing college graduates and business startups in cities like Detroit, New Orleans and Providence, R.I. Modeled after Teach For America, Venture For America is a two-year program that places recent college graduates into business startups. “Our concrete goal is to generate […]