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

Here's an exclusive look at the pitch deck London fintech Lanistar used to raise $19 million at a $190 million valuation

* London-based fintech startup Lanistar has raised a £15 million ($19 million) funding round from Milaya Capital.  * Founded in 2019, Lanistar is building a personal financial management platform that will launch later in 2020.  * "We're expecting a huge amount of growth upon our launch and have already seen strong interest among our sign ups," Gurhan Kiziloz, founder and CEO of Lanistar, told Business Insider. * Visit Business Insider's homepage for more stories.  The coronavirus lockdown in the UK has brought the importance of managing money into sharp relief. A recent study from Money.com shows that 71% of UK households have saved cash during lockdown, and, with uncertainty about jobs and the economy looming, money management is now front of mind for many. Lanistar, a banking platform with a focus on personal finance, is one company offering tools for consumers to better manage their money. It has just raised a £15 million ($19 million) funding round from Mil...

'What is the X-Ray feature on Amazon Prime Video?': How to find and view bonus material about TV shows and movies

* X-Ray is an exclusive feature on Amazon Prime Video that displays bonus material about a show or movie, similar to the bonus features on a DVD. * X-Ray can show you information about the actors in a scene, the musical soundtrack, trivia, and more. * To activate X-Ray, you generally only need to click or tap within a video that's currently playing.   * Visit Business Insider's Tech Reference library for more stories. Amazon Prime Video's X-Ray feature is, at least for now, not available on any other video streaming service. X-Ray works like the bonus features you find on a DVD or Blu-ray. With just a few clicks or taps, you can get additional information about many of the TV shows and movies on Prime Video. When you activate X-Ray, Prime displays an overlay on top of your show, offering additional information.  Check out the products mentioned in this article: Amazon Prime Video ($8.99 a month at Amazon) Roku (from $49.99 at Roku) There are several kinds of info...

The $136,000 Maserati Levante GTS is a drool-worthy preview of what Ferrari's SUV could be like (FCAU)

* I tested a 2020 Maserati Levante GTS SUV that with thousands in options stickered at approximately $136,000. * The Maserati Levante GTS has a 550-horsepower, twin-turbocharged V8 engine, plus a gorgeous red interior. * The Levante GTS is beautiful, powerful, and fast. That puts it near the top of the luxury, high-performance SUV segment. * But competition is coming — and the Levante is a great preview of what Ferrari may put on the road in the next few years. * Visit Business Insider's homepage for more stories. Let's say you want a Ferrari, but you hail from a strange region where nobody is taught the lore of Maranello sports cars. An SUV is just your style, you decide. So you swing by your friendly neighborhood prancing horse dealership one day and ask if you can look at a couple of utes.  The dealer would thank you for your interest and slip you the business card of a colleague who represents Maserati, which since 2016 has been selling the Ferrari of SUVS, right dow...