Jay-Z’s effort to dismiss assault case rejected, business continues to thrive
On Thursday, Judge Analisa Torres ruled against Jay-Z’s legal team, rejecting their motion to dismiss the claims.
Black Billionaires
Jay-Z’s Marcy Ventures joins forces with Pendulum Holdings' investment arm
This strategic move brings together two powerhouse entities and marks a significant step toward consolidating Black-led financial influence.
Palantir secures $618.9 million deal to extend U.S. Army Vantage partnership
This builds on Palantir’s ongoing role in modernizing the Army’s data infrastructure to drive operational efficiency.
NFL reaffirms partnership with Roc Nation amid allegations against Jay-Z
While the allegations have cast a shadow over Jay-Z, Roc Nation’s NFL partnership appears unaffected.
Vista Equity leads $800 million LogicMonitor investment
This investment reinforces Vista’s commitment to LogicMonitor’s continued growth and innovation.
Vista Equity Partners sells minority stake in LogicMonitor in $2.4-billion deal
Vista Equity Partners secures $2.4-billion valuation for LogicMonitor with new minority investment while retaining strategic control.
Alex Karp’s $5.9-billion fortune secures spot as third-richest Black billionaire in U.S.
Karp’s fortune grew by $430 million within 24 hours, marking a significant uptick from $5.47 billion to $5.9 billion, according to Forbes.
Jay-Z extends NFL deal as Roc Nation continues Super Bowl halftime show production
NFL Commissioner Roger Goodell confirmed the extension, emphasizing the positive relationship between both parties.
Vista Equity, led by America’s second-richest Black person, aims to finalize $5.6-billion acquisition of PowerSchool
The deal reflects the growing demand for cloud-based education software and reinforces Vista’s commitment to enhancing student-driven technological innovations with a strategic focus in the education sector.
U.S. tech billionaire David Steward overtakes Aliko Dangote as world's richest Black person
In just two years, Steward's wealth has nearly doubled, up from $6 billion in 2022 to $7.6 billion in 2023, before reaching its current level.
Beyoncé poised for multimillion-dollar deal with Levi Strauss
Levi Strauss teased a potential collaboration with Beyoncé in a cryptic Instagram post.
Black billionaire Alex Karp's Palantir expands AI partnership with BP for oil and gas operations
This builds on a decade-long success of incorporating Palantir software into BP’s oil and gas production systems.
Tiger Woods earns $67.2 million, ranking among highest-paid athletes in 2024
The majority of his earnings, totaling $55 million, came from off-field activities such as businesses, endorsement deals, appearances, memorabilia, and licensing.
Robert F. Smith regains top spot as America’s richest Black billionaire
This comes after a month-long reign of David Steward, majority shareholder and co-founder of World Wide Technology (WWT).