YouTube is starting a $100 million fund for Black creators, artists


Google parent Alphabet Inc.’s
GOOGL,
-4.28%

GOOG,
-4.23%

YouTube has started a $100 million fund “dedicated to amplifying and developing the voices of Black creators and artists and their stories.” In a blog post Thursday, YouTube Chief Executive Susan Wojcicki said, “At YouTube, we believe Black lives matter and we all need to do more to dismantle systemic racism. We join in protest against the murders of George Floyd, Breonna Taylor, Ahmaud Arbery, and so many others before them. The painful events of this year have reminded us of the importance of human connection and the need to continue to strengthen human rights around the world.” YouTube is the latest tech company to support protesters with donations and pledges of support. In recent weeks, Microsoft Corp.
MSFT,
-5.37%

CEO Satya Nadella urged “empathy and compassion,” Uber Technologies Inc.
UBER,
-10.70%

announced $1 million for social-justice groups, and Facebook Inc.
FB,
-5.24%

pledged $10 million.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *