Onuroic

  Lanny Smith wants someone to challenge sportswear giants like Nike, Adidas and Reebok — so much that he’s trying to do it himself. Smith, 38, is the founder and CEO of Actively Black, the sportswear company he launched in 2020 in the wake of George Floyd’s death. At the time, plenty of big companies were issuing statements condemning racism while pledging to promote diversity and invest in Black communities. The promises rang somewhat hollow for Smith, a former University of Houston basketball star who saw the $170 billion industry as reliant on the Black community’s culture, influence and consumer dollars. Rather than lobbying for change within multibillion-dollar giants, Smith wanted to try beating them at their own game. “A lot of these sports apparel brands have profited off of Black talent,” Smith tells CNBC Make It, referring to numerous endorsement deals with superstar Black athletes. ”[The companies] have profited off of the consumerism from the Black ...

  The history of Veldskoen shoes is as rich and diverse as the country they come from. There are various groups of people who believe the Veldskoen, or a version of it, started with them.  But Onuroic monitored a recent interview made by Mark Sham in which one of the founders of the company detailed how Veldskoen shoe brand started as a results of a discussion between two friends ("Nick Dreyer and Ross Zondagh") around what the South African athletes should be wearing at the Olympics in Rio. Four years later they got the opportunity to dress the entire South African athletes team with their shoes in Japan. Watch more detail of the interview below as he explains how it all went down

The donation of 11.6 million shares was described in   a filing with US regulators   as "a bona fide gift". The filing did not name the recipient, or recipients, of the donation. Also on Wednesday, Mr Musk said that towards the end of this year would be a "good time" to find someone to succeed him as the chief executive of Twitter. The document lodged with the US Securities and Exchange Commission showed the donation was made between August and December last year. Tesla did not immediately respond to a BBC request for comment. It is not the first time Mr Musk, who has an estimated net worth of $197.5bn, has given Tesla stock to charity. He donated around $5.74bn worth of shares in 2021, according to a regulatory filing. He also said on Twitter that year, that he planned to donate $20m to schools in Cameron County and $10m to the city of Brownsville in Texas for "downtown revitalization". Mr Musk has also hinted that he plans to find his successor as chief ...

We travel and move from continent to continent, country to country, place to place, and through our journey we are more likely to come into contact with people who speak different languages. In these instances, it becomes necessary to find a middle ground to enable smooth and easy communication. As you may well know, language can be a major hinderance to human interactions. And even though giant strides have been made over the years to lessen the communication gaps through various translation tools, challenges remain.  Ghanaian man by the name Danny Manu has invented wireless earbuds that can translate over 40 languages. Goaded on by the need for an item like this in the market, Danny’s product, called Click, is said to be “the world’s first truly wireless earphones” with live voice translation supporting about 40 languages. Information obtained show that not only does Click enable users to converse efficiently in nearly forty languages, it also allows them to call, text and read n...

  Microsoft co-founder Bill Gates has had the opportunity to meet and work alongside major tech giants, including late Apple co-founder,   Steve Jobs . In an interview with   Bloomberg , Gates was asked whether his contemporary Elon Musk could be considered the "next Steve Jobs," due to the advancements his companies Tesla and SpaceX have made in electric cars and reusable rockets, respectively.  "If you know people personally, that kind of gross oversimplification seems strange," Gates told Bloomberg in the interview published Thursday. There are some key differences between the way Musk and Jobs operate, Gates said. "Elon's more of a hands-on engineer. Steve was a genius at design and picking people and marketing," Gates said. "You wouldn't walk into a room and confuse them with each other." Indeed, Musk often talks about his  demanding schedule  and his hands on approach. For example, on a  Tesla earnings call  in November 2017, Musk s...

  In 2014, Elizabeth Holmes, then 30 years old, was on top of the world. A Stanford University drop-out, she had founded a company valued at $9bn (£6.5bn) for supposedly bringing about a revolution in diagnosing disease. With a few drops of blood, Theranos promised that its Edison test could detect conditions such as cancer and diabetes quickly without the hassle of needles. Bigwigs from Henry Kissinger to Rupert Murdoch invested. But by 2015, the seams were coming apart, and within a year, Ms Holmes was exposed as a fake. The technology she touted didn't work at all, and by 2018 the company she founded had collapsed. Ms Holmes, now 37, faces up to 20 years in prison if found guilty of the 12 charges of fraud against her. She has never previously told her side of the story. Her trial which begins next month, will be closely watched and she is expected to plead not guilty. And in a twist, it emerged this weekend that her lawyers will argue that her ex-boyfriend and business par...

Robert F. Smith -The Little Known Black Billionaire  Robert frederick smith born December 1, 1962 is an American businessman, investor and philanthropist. A former chemical engineer and investment banker, he is the founder, chairman and CEO of private equity firm Vista Equity Partners. Smith was ranked by Forbes in 2017 as the 226th richest person in America, the wealthiest black person on the list before Oprah Winfrey. He was #688 on Forbes 2016 list of the world's billionaires, with a net worth of US$3 billion. In 2017, Smith was named by Forbes as one of the 100 greatest living business minds.  In 2000, Smith founded Vista Equity Partners, a private equity and venture capital firm of which he is the principal founder, chairman and chief executive. Vista has over $26 billion in cumulative capital commitments. Vista has exclusively focused on the enterprise software, data and technology sectors. Among Vista’s portfolio companies are Finastra, TIBCO, Soler...

Mohammed Dewji born 8 May 1975 is a Tanzanian businessman,philanthropist, and former politician. He is the president and CEO of MeTL Group, a Tanzanian conglomerate founded by his father in the 1970s. Dewji served as Member of Parliament from 2005 – 2015 for his home town of Singida. In March 2015 Forbes magazine named him as the 21st richest person in Africa, with his net worth an estimated US $1.1 billion, having also been the first billionaire in Tanzanian Forbes Magazine in 2013. Upon graduation from university, Dewji returned home and assumed the management of Mohammed Enterprises Tanzania Limited (METL), a commodities trading business founded by his father. After two years of working with company, he became Chief Financial Officer (CFO) at MeTL. In the early 2000s, when the Tanzanian government privatized loss-making companies, he acquired them inexpensively and turned them into profit centers by trimming personnel expenses. MeTL Group of Companies is the largest priva...