Kevin Hart leads $35 million funding for AI weight-loss app
Kevin Hart’s Hartbeat Ventures leads $35 million funding for Simple, an AI health app with 700,000 subscribers.
North America
Black female venture capitalist Arian Simone launches Fearless Global Initiative at UNGA to unite leaders for economic inclusion
Fearless Fund’s Arian Simone debuts FGI at UNGA, spotlighting its work investing in women-of-color founders with early-stage, growth potential and proven impact.
LeBron James doubles down on SpringHill, eyes bigger role in entertainment
LeBron James says his focus is shifting “off the hardwood,” aiming to build SpringHill into “the greatest storytelling company there is.”
Mellody Hobson’s Ariel Alternatives expands with industrial services acquisition
Mellody Hobson’s Ariel Alternatives expands into industrial services with its $1.45B Project Black fund, acquiring Groome Industrial Service Group.
Jay-Z calls sexual assault allegations a “false, malicious story” in new lawsuit
Jay-Z accuses a woman of fabricating sexual assault claims tied to Diddy, calling it an “evil conspiracy” to damage his reputation.
Four black billionaires crack Forbes 400 as Oprah, Jay-Z, Tyler Perry miss cut
Forbes’ 2025 list sets a record $3.8B entry point. Only four black billionaires hit the mark—while Oprah, Jay-Z and Tyler Perry fall below the line.
6 businesses Megan Thee Stallion is building into her empire
The Grammy-winning rapper is building an empire with these six ventures.
Billionaire Robert Smith’s Vista Equity secures $11 billion in latest flagship fund
Almost all of Smith’s fortune stems from his stake in Vista Equity.