Actress and entrepreneur Kerry Washington has expanded her angel investment portfolio by leading a $550,000 pre-seed funding round for Cheersy, a digital marketplace that connects engaged couples with expert day-of wedding coordinators.
Rockstar Games has officially acquired Sydney-based development studio Video Games Deluxe, rebranding it as Rockstar Australia. This strategic move strengthens a partnership that has flourished over the past decade, with both studios collaborating on notable projects such as L.A. Noire: The VR Case Files and enhancements to Grand Theft Auto: The Trilogy – The Definitive Edition.
The entertainment industry is on the cusp of a significant transformation as Paramount Global and Skydance Media prepare to merge, forming the Paramount Skydance Corporation. This merger, valued at approximately $8 billion, is anticipated to close in the first half of 2025, marking a pivotal shift in the media landscape.
Part of the main reason why Pharrell Williams says he launched Black Ambition was to “close the opportunity and wealth gaps derived from limited access to capital and resources.” Now in its fifth year, the Black Ambition Prize competition is open to early-stage entrepreneurs and innovators from backgrounds that have historically been overlooked by venture capital funding, prioritizing Black and Latinx founders.
NextFab Ventures is exclusively focused on helping hardware entrepreneurs. Their RAPID accelerator program provides early-stage startups with technical/business consulting, training, introductions to contract manufacturers, and access to funding networks.
Ahimsa Companies, a plant-based investment firm, has announced its acquisition of Blackbird Foods, a New York-based vegan brand known for its artisanal frozen pizzas and seitan products available at retailers like Whole Foods, Sprouts, and Target.
For months, rumors of a potential Honda-Nissan merger fueled speculation about a major shift in the Japanese auto industry. If successful, the deal would have created the third-largest carmaker in the world, helping both companies strengthen their positions in the rapidly evolving electric vehicle (EV) and autonomous driving industries.