Skip to main content

Microsoft plans to double the number of Black and African American company leaders and suppliers (MSFT)

* Microsoft plans to double the number of Black and African American leaders within the company, and the number of Black and African American suppliers with which it works. * The company also announced a series of outside investments meant to support Black- and African-American-owned banks and other kinds of businesses.  * Microsoft declined to comment in response to a request about Black and African American leaders and suppliers it has now. * Are you a current or former Microsoft employee? Contact this reporter via encrypted messaging app Signal (+1-425-344-8242) or email (astewart@businessinsider.com). * Visit Business Insider's homepage for more stories. Microsoft CEO Satya Nadella on Tuesday announced a series of investments meant to address racial injustice, within and outside the company. Microsoft said it plans to double the number of Black and African American "managers, senior individual contributors, and senior leaders" in the US by 2025, but declined to comment to a request about how many Black managers the company employs now. The company in its November diversity report said 2.7% of its executives and 4.5% of its employees are Black/African American. Microsoft plans to increase the number of Black and African American leaders within the company by devoting an additional $150 million to diversity and inclusion efforts. Microsoft also said it would double the number of Black- and African-American-owned suppliers the company works with over the next three years, and plans to spend $500 million with those suppliers. The company declined to say how many Black and African-American suppliers it works with now. The company also announced a series of investment to support Black communities, such as a $100 million program to benefit Black- and African-American-owned banks, a $50 million partner fund, and a $50 million investment in the company's justice reform initiative. The announcement comes after employees have called on the company to address systemic racism. Microsoft employees recently used an internal company message board to share their personal experiences with the ongoing protests against police brutality and systemic racism, and called for leadership to take action. Got a tip? Contact Ashley Stewart via email at astewart@businessinsider.com, message her on Twitter @ashannstew, or send her a secure message through Signal at 425-344-8242. Join the conversation about this story » NOW WATCH: What makes 'Parasite' so shocking is the twist that happens in a 10-minute sequence
https://bit.ly/31aP9e0

Popular posts from this blog

PayPal parts with top advertising executive after shifting its marketing strategy during the pandemic

* PayPal's chief creative officer Steve Simpson, its top advertising executive, left the company after about a year. * The move came after PayPal shifted its marketing strategy during the coronavirus pandemic, placing less emphasis on the brand and more on catering to small businesses, said a source with direct knowledge of the marketing operation. * Simpson's departure followed that of CMO and former Apple executive Allison Johnson in May. Both "decided to leave PayPal" as the company streamlines its global marketing functions, according to a PayPal spokeswoman. * Visit Business Insider's homepage for more stories. PayPal's highest-ranking ad executive Steve Simpson left earlier this month after just over a year as part of a restructuring of its global marketing business. Simpson, who was chief creative officer, was hired to make high-minded ad campaigns to help PayPal stand out from competitors like Square, Stripe, and Apple Pay. But this strategy chan...

How to send your location on Snapchat to your friends through the app's Snap Map feature

* You can send your location on Snapchat to a single friend or to several users in a group.   * To send a location on Snapchat, you'll need to visit your friendship history with a user and locate the "Send My Location" feature.  * Once you send a location on Snapchat to a friend, they can tap it and zoom in to see where you are.  * Visit Business Insider's Tech Reference library for more stories. Whether you want to share the location of your favorite restaurant or the address of your new apartment, you can easily send your location on Snapchat to your friends.  You can do this using the Snap Map and will even be prompted to select who you want to share you location with the first time you use the app feature. You can choose to share your location with your mutual friends, a list of friends with exceptions, or a small group of selected friends.  To send your location directly to a mutual Snapchat friend, you must visit your chat history through your friends li...

TikTok confirms it will sue the US government, alleging Trump failed to provide 'due process' before issuing ban

* TikTok confirmed Saturday that the company planned to sue the US government over President Donald Trump's executive orders targeting the popular app. * A company spokesperson said TikTok experienced "a lack of due process as the administration paid no attention to facts and tried to insert itself into negotiations between private businesses." * TikTok, which has surged in popularity over the past year, was known as Musical.ly until it was purchased by the Chinese company ByteDance in 2017 and renamed. * The president on August 6 and August 14 signed executive orders targeting TikTok.  * Visit Business Insider's homepage for more stories. TikTok on Saturday announced it plans to sue the US government over President Donald Trump's executive orders pertaining to its ownership, arguing the company was deprived of its due process rights. The president, who began targeting TikTok in July, issued an executive order August 6 making it illegal for American compani...