By Lamar Johnson Alphabet’s “Loon” has partnered with a Kenyan internet provider The internet-providing hot air balloons were previously used in Peru and Puerto Rico Loon officially moved from project-status to a full subsidiary of Google’s parent company Alphabet (GOOGL +1.10%) on July 11. Its first task will be to use the internet-connectable high-altitude balloons
By Lamar Johnson Alphabet’s “Loon” has partnered with a Kenyan internet provider The internet-providing hot air balloons were previously used in Peru and Puerto Rico Loon officially moved from project-status to a full subsidiary of Google’s parent company Alphabet (GOOGL +1.10%) on July 11. Its first task will be to use the internet-connectable high-altitude balloons
By Lamar Johnson LeBron is expected to add around $397M dollars to LA’s economy over five years Startup shopping app Wish paid up to $42M for a three-year Laker sponsorship LeBron James is undeniably the best player in the NBA, and will take his talents to the Los Angeles Lakers after spending his first 15
By Lamar Johnson Papa John’s stock hit a two-year-low after its founder dropped the N-word The MLB along with 11 teams ended their sponsorship deals with Papa John’s Former Papa John’s (PZZA -4.00%) CEO John Schnatter, can’t seem to keep his foot out of his mouth. On a conference call intended to prevent future public
By Lamar Johnson In 2017, for every dollar a white employee made, non-white employees made the same amount Nike is raising wages for 10% of its global workforce The iconic sportswear brand is trying to make sure it has a corporate structure designed for the current climate. In an attempt to get closer to true
By Lamar Johnson NBA-MGM partnership makes it the first professional sport to allow legalized betting 75% of NBA players are black and will split revenues 50-50 with the league Move over boxing there is a new sport looking to take Las Vegas gambling to the next level. The National Basketball Association announced an official betting
By Lamar Johnson JPay is the sole communications contractor for prisons in 20 states Inmates make an average of $0.14 – $0.63 an hour Originally created to expedite the process at which family members can send money to prisoners, JPay has been increasing its hold on the e-messaging market, at the expense of the incarcerated.
By Lamar Johnson Coca-Cola is the 2nd largest stakeholder in BodyArmor sports drink Kobe Bryant’s initial $6M investment is now worth $200M In an effort to get in on the natural sports drink wave, Coca-Cola (KO +0.28%) has become the second-largest investor in BodyArmor. The investment comes with a significant windfall for former basketball star
By Lamar Johnson The XFL saw a 9.5% attendance rise in its second week Like the NFL, the XFL is approximately comprised of 70% black players The XFL has risen and is offering football fans an alternative viewing during the National Football League’s hiatus. With the XFL comes new rules, new television contracts and an
By Lamar Johnson The coronavirus knows no nationality and plays no racial favorites Only 55.4% of black Americans are privately insured When the COVID-19 virus initially hit China, it was dismissed by the U.S. administration as nothing to worry about. A little over three months later, the outbreak has become a full-blown global pandemic, with
