12M

2 Results / Page 1 of 1

News

Donor said lawmaker makes him ‘want to hate all Black women,’ but conservatives keeping the $12M gift

LONDON (AP) — Britain’s Conservative government said Wednesday that the party does not plan to give back 10 million pounds ($12.8 million) it received in the past year from a donor who made comments about a Black lawmaker that have been condemned as racist. The government is under pressure from some of its own lawmakers to return the donation from business executive Frank Hester. He reportedly said in a 2019 company meeting that Diane Abbott, Britain’s longest-serving Black legislator, made […]

todayMarch 14, 2024

Economy

Founder of Black-Owned Wireless Carrier With $12M in Revenue Celebrates 5 Years in Business

After 7 long months of closing out new activations to rebrand and restructure, Tesix Wireless Network, the prepaid wireless carrier founded by Chaymeriyia Moncrief, an Alabama tech founder, has officially reopened activations to the public this week. Over the last five years, the wireless carrier has generated over $12 million pre-profit, and while that’s a big number, the startup saw a number of challenges that called for a full reconstruction of the brand—and that also meant not welcoming any new […]

todayFebruary 12, 2024