CBX Daily 2/21/2024

Author

Claire Moraa
February 21, 2024

Today HBCU's have elevated Black graduates’ financial esteem, but let’s start with how Comcast’s streaming dreams in Africa are gleaming…

Now Playing:

Cultural Intelligence Download

Comcast's Billion-Dollar Bet On African Streaming With Showmax By 2028

CBX Vibe

Comcast (CMCSA +0.41%) is getting its feet wet and tapping into the African market. This comes after a partnership with Multichoice where Comcast acquired a 30% share. Multichoice is Africa's biggest entertainment company where Showmax is an offspring. Showmax has quickly become Africa's favorite streaming platform and now sets its eyes on the $1B revenue mark in the next four years.

2024 Payoff: How HBCUs Are Empowering Black Graduates Financially

CBX Vibe:

Historically Black Colleges and Universities (HBCUs) are more than educational institutions; they're catalysts for empowerment, shaping futures that gleam with promise. HBCUs with the highest payoff in 2024 are leading the charge, with Hampton University, Spelman College and Xavier University of Louisiana. Embracing an HBCU education in 2024 means embracing an opportunity to amplify Black graduates careers and income prospects.

Why Are Black Influencers Paid 35% Less Than Their Counterparts?

CBX Vibe:

The pay gap between white influencers and BIPOC alone is an unmerited 29%, and there is no reason for this discrepancy beyond tokenism that suited the corporate agenda in 2020. Black creators know their gravitas, and yet are continually having their value undermined, leading to them to cancel the same social media platforms who are dependent on their content to fuel growth with the influencer marketing sector is expected to be worth $24 billion by the end of 2024.

AI's $43 Billion Role In Bridging Or Widening Black Workers' Fate

CBX Vibe:

In the evolving landscape of artificial intelligence, the looming specter of generative AI casts a shadow over the economic prospects of Black communities. As we hurtle towards a future where technology dictates the employment terrain, the ramifications for Black workers, particularly those without degrees, are profound and potentially devastating. Presently, the median Black family's wealth stagnates at $44,900, a fraction of the $285,000 held by their White counterparts.

Are Crypto Investments The New Swipe And Swindle Scheme?

CBX Vibe:

In our increasingly digital world, the search for love has shifted to online platforms and dating apps. However, this shift has also brought about a rise in crypto romance scams, leaving many individuals not only with a broken heart but also an empty bank account. Boomers are the most affected as the love swindlers go after their pension.

Vibes of the Week

Comcast is taking a "Stand On It“ move when it comes to securing that bag. Step into the same energy with Yeat and Future in our CBX Vibes!