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The Takeover: Jay Z Buys Scandinavian Music Streaming Company For $56 Million

Posted On: January 31, 2015

Jay Z is definitely playing chess, with all these investments because, investments generate more money and create opportunities for bigger investments. It's like a game of chess, you locked down space on the chess board, in order to check mate the other king. The spaces create the opportunity for that. But anyways, let's get to the story.

Shawn Corey Carter, who we all know as the Hip Hop mogul, Jay Z has recently made another investment to expand his kingdom. This time it's international.

Jay Z was recently part of a bid to buy a Scandinavian music streaming company and won the bid. The all time best selling Hip Hop artist, acquired the Swedish company Aspiro for $56 million dollars. The company has other music streaming entities linked to it, WiMP and Tidal, which Jay Z also now owns.

In an interview with Reuters, Jay Z expressed how he saw Aspiro as: “an innovative high-quality company with strong future growth potential."

 

Jay Z has used the revenues and his earnings from being the world's all time best selling musician, as a stepping stone to elevate himself into the business world. Jay Z's net worth has been estimated at half a billion dollars and if Jay Z continues making wise investments, not only will he become Hip Hop's first or one of Hip Hop's billionaire, but he has the potential to become a multi billionaire. And this will give Jay Z all the opportunities in the world to make a difference.

With an extensive resume and many business in his portfolio, Jay Z can walked into any boardroom and make moves like Monopoly. Being the owner of Roc Nation, Roc Nation Sports, several sports bars, managing other musicians like himself, a sports agent, the cognac brand D'usse and more, Jay Z is not just a businessman but a business man!

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All Hail The Tennis Queen: Serena Williams Wins Her Sixth Australia Open Title

Posted On: January 31, 2015

All hail the tennis queen indeed, Serena Williams has done it again! 

Serena Williams ruled the tennis court during the Australia Open, winning her 19th grand slam title, which makes it her sixth winning. She was not feeling well on the court, she was sick with a cold but Serena did not let it stop her.

Below is comment Williams made about her cold.

"I had a really bad cough, I ended up throwing up, actually," Serena said. "I've never done that before. I guess there's a first time for anything. I think in a way that just helped me,  I felt better after that."

Even the weather was not up to par, it rainned but Serena Williams did not let it stop her parade to victory. 

Serena made history by becoming the oldest winner in the Australia Open title.

Displaying good sporstmanship, Serena Williams gave credit to her opponent, Maria Sharapova stating to sports media reporters, that she played a good game.

Check out her comments below.

"I was very disappointed, because Maria was playing so well. I thought she's going to try to hit a winner now.

 Sharapova also spoke to sports media reporters, about Serena's performance on the court and the challenges she faced as a tennis player.

Check out the comments below.

"I haven't beaten her in a long time but I love every time I step on the court with her," said Sharapova. "I've had some of the best memories of my career on this court and also some of my toughest losses, but that's the life of a tennis player."

Check out the sport report of Serena Williams' win and her tennis match with Maria Sharapova below.

Even with this recent win, Serena Williams is planning to go the extra mile, aiming for a 22 grand slam title in the Australia open.

Congrats and round of applause to her!

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Bobby V - '#PBJ' Dance Video

Posted On: January 30, 2015

The production on this track is too dope! The MPC on this is off the chains, anyways let's get into it.

Bobby V is not taking any days off and just completed his 10th anniversary tour, and went straight to work on a new video for his song, '#PBJ.' The track is a club banger with its upbeat vibes and dance tunes.

The song is about a woman being sweet but yet, has some other flavors to her. Yeah.. something like that.

Bobby V recruited street dance king, Meechie and just did his thang! He is also currently working on some new music and a project which he will be releasing later this year.

Known for his sexy and soulful ballads, Bobby V showed that he is a versatile musicians, when it comes to creativity.

Plug your ears and eyes to the video below.

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New R&B Joint: Jodeci - 'Every Moment'

Posted On: January 30, 2015

Jodeci has made their debut return into the music scene, with a new bedroom R&B joint titled, 'Every Moment.'

The song reminds us of what Jodeci is all about and takes us back in time to what their essence are as R&B musicians. Jodeci will be kicking off their reunion tour some time this year and are currently working in the studio with Timbaland on a new album.


Plug your ears to Jodeci's new song below.

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Cash Kings & Queens: The Top 5 Billionaires in Africa

Posted On: January 29, 2015

One would think Bill Gates is the richest man on this earth, because that is what the media portrays. But there other men, as well as women who are in the same categories and richer than Bill Gates, when it comes to financial wealth. And Africa, the land of kings and queens is thriving and breeding billionaires.

So, we compiled a list of the top 5 billionaires in Africa.

Let's get to it.

Starting at number 5 is, Cash King,Tony Elumelu.

Tony Elumelu is one of Africa's prominent leaders, who used his wealth to enhance and expand Africa when it comes to economics, education, social classism, entrepreneurship, medicine and more. Tony Elumelu is a hardcore investor, whose portfolio include: Transcorp, the United Bank of Africa, Nigeria's conglomerate in tradings and more. In 1997, Tony Elumelu used his leadership skills to spearhead a small group of investors like himself, to acquire Standard Trust Bank in Lagos, they rebuild the bank and helped the bank achieve its profits back. In 2005, Tony Elumelu and his team of investors, merged the bank with the United Bank for Africa and turned it into a large commercial bank.

Tony Elumelu is currently spearheading a team which consist of billionaires, political leaders and etc. to improve Africa's energy and formed the group, The African Energy Leaders Group.

Tony Elumelu networth is $1 billion dollars. 

Coming in at number 4 is one of Africa's Queen, Folorunsho Alakija's.

Known as the baroness of oil, Folorunsho Alakija's, is the richest woman in Africa; and the wealthiest Black woman in the world. Folorunsho Alakija's began her journey studying fashion design in London and worked as a secretary. Using her education, skills and talents, Folorunsho Alakija created and founded her own fashion company called, Supreme Stitches. Using her company to gain notable clientele, Folorunsho Alakija became successful in the fashion trade. Due to her network of prominent leaders and socialites, Folorunsho Alakija went into the oil business and recieved an oil prospecting license in 1993. She formed and developed the company, Famfa Oil, which now owns 60% stake of the oil field in Africa.

But it didn't stop there, Folorunsho Alakija went into philantrophy creating, The Rose of Sharon Foundation, a nonprofit organization that helps widows and orphans. As a philantrophist, in 2014 Folorunsho Alakija donated $4.5 million to Nigerian's President Goodluck Jonathan's nonprofit organization, Victims Support Fund.

Folorunsho Alakija networh is $2.5 billion dollars.

Coming in at number 3, is Patrice Motsepe.

Making history as the first billionaire in Africa, Patrice Motsepe is an innovator with the Midas touch. The HKIN, "head king in charge," Patrice Motsepe built a company centering around Africa's natural resources. He is the president and CEO of African Rainbow Minerals, a trading and mining coporation that mines and refines minerals such as: coal, iron, copper, nickel, chrome, platinum, gold and more. Patrice Motsepe is also, an investor and has stake in several financial service firms and owns the Mamelodi Sundowns Football Club in Africa.

Patrice Motsepe mining business started in law, when he became the first Black partner at the Bowman Gilfillan law firm in Johannesburg. Since his rise to power and wealth, Patrice Motsepe has donated and pledged $1 million dollars to aid and assist in developing effective medication in combatting Ebola and also, in finding a cure. Patrice Motsepe was the first Black billionaire to sign Bill Gates' and Warren Buffett's Giving Pledge, where he promised to donate half of his wealth to charity.

Patrice Motsepe networth is $2.3 billion dollars.

Coming in at number 4, is Mike Adenuga.

Mike Adenuga is an oil tycoon and mobile guru. In 2003, Mike Adenuga started the Globacom coporation and has become the second largest mobile phone network company in Africa. Mike Adenuga founded and is the president of the Conoil Producing, which manufactures oil and owns 3 producing oil blocks in Africa.

Mike Adenuga studied abroad in America and went into trading. He worked for Coca Cola industries in tradings and other products.

In 2013, Mike Adenuga blessed the Nigerian team with $1 million dollars after they won the 2013 African Cup of Nations. With a generous heart, Mike Adenuga gave the team's coach an estimated, $20,000 dollars in cash and offered to pay the coaches monthly salary of $32,000. Furthering his investments and philantrophy in sports, Mike Adenuga signed a four year sponsorship deal with Nigerian Premier League (NPL), the football league in Nigeria for $16.5 million.

Mike Adenuga's networh is $4.6 billion dollars.

And coming in as the number one king of them all, is Aliko Dangote.

Aliko Dangote is Africa's wealthiest man. He is a self made billionaire, who started his kingdom with investments in cement, sugar and flour. Aliko Dangote used that as a stepping stone, to elevate himself into the oil business and became an oil guru.

In 2014, Aliko Dangote financed $9 billion dollars in a construction plan, to build a private oil refinery and fertilize petrochemical complex in Africa. In the same year, Aiko Dangote invested $1 million dollars in manufacturing rice and commerical rice farming. He also introduced plans, to improve Kenya and Niger by developing and building new businesses that will improve economics and; job placement in Africa.

Check out the comments he made below referring to his new endeavors which will benefit the people of Africa.

"We are giving back because we are creating quite a lot of jobs. We are not doing like other Africans, where most of the money is in the bank. We don't keep any money in the bank; whatever we have we fully invest and we keep on investing - and that's what we do."

Aliko Dangote owns mining companies in cement in Africa, that also developed jobs. 

Aliko Dangote networth is $21.6 billion.

So, there you have it, the top 5 cash Kings and Queens of Africa. Who knew money was also black, it's like stuntin' with Obamas.

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2 Chainz Might Become Potential Candidate For Mayor In His Hometown

Posted On: January 29, 2015

2 Chainz was recently interviewed by XXL magazine and discussed the possibility of going into politics.

It doesn't seem far stretched for 2 Chainz whose real name is, Tauheed Epps, who has the educational background and debate skills, which we saw him display when he was on the open discussion panel for the Nancy Grace Show, to discuss the legalization of marijuana.

2 Chainz told XXL, he has a serious interest for becoming the mayor in his hometown College Park, Georgia and wants to make sure he is an eligible candidate.

Check out 2 Chainz comments to the magazine below.

I’m really gonna do this little mayor thing in College Park. I’m just trying to make sure I have the right qualifications.”

Hmmm, this is a good look for 2 Chainz and Hip Hop as well.

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Power Shift: The New Black Superheroes

Posted On: January 29, 2015

The faces of superheroes are finally changing.

Once upon a time, I asked a little Black boy who was his favorite superhero. The little Black boy looked at me, with so much in his eyes and replied, "Spiderman." I smiled, and said, "let me find out you have super powers like Spiderman?" and laughed. But to my surprise, the little boy wasn't laughing and his eyes became sad. When I asked him if he was okay. He told me yes, but how he could not be Spiderman because Spiderman was White. So, I told him he could be anything he wants to be in this world and how his color would never stop him from becoming. And he just shook his head and said to me, "then how come Superman, Spiderman, Wolverine are not Black and there are no Black superheroes." He insisted that he wanted to be a superhero. And what could I tell this child with his vivid imagination and questions some of us should ponder on.

But all that is changing. And I'm sure if I was to have another conversation with this little boy again, he would tell me about James Bond, The Green Lantern and etc.

Finally, there are images in movies, comic books, magazines, books and etc. that depict Black men for who they truly are. Images that exude: power, royalty, kingship, honor, strength, leadership, dominance; images that can empower a little Black boy to be and become.

Little Black boys need to see that Black men are not criminals, dead beat dads, are not hunted, harrassed and killed by police, are not public enemy number one nor are they the faces of persecution for the world. The type of images the media has been portraying for centuries about Black men. Nah, not when they have royal blood flowing through their veins and greatness within them. Little Black boys need to see that Black men are superheroes too, that they are strong, mighty and powerful. Because as men, a kings that is what Black men are.

And I believe this is just the beginning because the pendulum always swings back. The power shift era has begun.

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New R&B Joint: Charlie Wilson feat. Snoop Dogg - 'Infectious'

Posted On: January 29, 2015

Charlie Wilson has been working on his seventh studio album titled, "Forever Charlie," which was released two days ago. Off the album, Charlie Wilson recruited Snoop Dogg for the track, 'Infectious.'

This is not the first time Charlie Wilson worked the legendary West Coast Hip Hop artist, Charlie was featured in Snoop Dogg's 1996 album, "Tha Doggfather."

Wilson will be hitting the road soon, kicking of his "Forever Charlie Tour" on February 12,  with guest appearances by Joe and KEM. Forever Charlie can be purchase on iTunes.

Check out his R&B joint below off the album.

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African Billionaires Collaborate To Launch African Energy Group

Posted On: January 29, 2015

At the 2015 annual "World Economic Forum" in Davos, Switzerland, African billionaires announced the launching of the African Energy Leaders Group (AELG) which will provide electricity to over 300 million people in Africa.

During the high profile panel on energy, Nigerian billionaire and philanthropist Tony Elumelu stated, policy was the key factor in Africa and the African Energy Leaders Group mission statement, was to address Africa's 620 million people without electricity.

The African Energy Leaders Group (AELG) consists of Africa's top billionaires: Mr. Elumelu, Aliko Dangote, Donald Kaberuka who is President of the African Development Bank, Prime Minister Daniel Duncan of Ivory Coast, President John Mahama of Ghana. The group will also, focus on addressing power outages and areas in Africa that are experiencing power shortage.

AELG leader, Tony Elumelu went on Twitter to let the world know about the importance of energy in Africa and building an infrastructure that will provide it. Mr. Elumelu expressed, the difference in energy when it comes to homes in Africa, compared to America.

Check out the tweet below.

"1 million people in Africa share an average of 91-megawatts of electricity while in the US the same number of people consume an average of 3360-megawatts #AfricaAtDavos."

Mr. Elumelu tweeted about new government policies about energy in Africa, investements which will enhance, and expand the econonic prosperity; and social wealth in Africa.

The African Energy Leaders Group will also, address Ebola, poverty, and other issues in Africa. 

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Ben & Jerry's' Founders Wears "Hands Up, Don't Shoot" T-Shirt At Franchise Meeting & Speaks Out Against Police Brutality

Posted On: January 29, 2015

At a franchise meeting last month in New Orleans, Ben & Jerry's ice cream founder Ben Cohen and Jerry Greenfield, went on stage wearing "Hands Up, Don't Shoot" t-shirts and took to the podium to use their platform, to speak out against police brutality.

Ben Cohen and Jerry Greenfield sold Ben & Jerry's to Unilever Corporation in 2000 but, remained heavily involve in the company's business dealings and operations which they founded. At their annual franchise meeting, Ben and Jerry made a political statement against racism and police brutality, when they went on stage wearing t-shirts inspired by the Eric Garner case in New York. Instead of talking about sales and revenues from Ben & Jerry's, the two entrepreneurs used the podium to voice and raise awareness about the effects of police brutality in America, naming several victims like: Tamir Rice, Micheal Brown, Sean Bell, John Crawford, Eric Garner, unarmed Black men and Black children who were killed by police officers; and also, the affects of police brutality on their families.

Ben and Jerry announced how they invested into the #BlackLivesMatter movement and urged franchisers at the meeting to sell t-shirts and support the work of the Hands Up United, an organization which was established by St. Louis Hip Hop artist and activist, Tef Poe and activist, Taureen "Tory" Russell. 

Check out the comments they made below at the meeting.

“Some people might say, ‘Oh, we can’t do that,’” Cohen said to franchise owners. “‘We can’t sell those T-shirts in our shops; it’s controversial.’ But isn’t that exactly the point? If it weren’t controversial, we wouldn’t need to do it. At some point we have to ask ourselves: ‘What do we stand for?

Ben and Jerry went on to talk about, the criticism athletes recieved for wearing the Hands Up, Don't shoot t-shirts. During the meeting, Ben and Jerry showed a clip of Cleveland Browns wide receiver Andrew Hawkins speaking about criticism he recieved from fans, for wearing a t-shirt to bring about justice in the Tamir Rice and John Crawford case.

Ben and Jerry expressed, the fight to end injustice must be fought wih hearts, souls and joy.

Check out the video from the franchise meeting below.

Depsite their show of solidarity towards racism, police brutality and injustice, Ben and Jerry recieved some racist backlash from consumers who threatened to boycott them and accused them of not using the stage to talk about #BlueLivesMatter instead. The media itself did not cover nor did any write up about Ben and Jerry's new business venture with Hands Up United, hmmm... things that make you raise an eyebrow. Regardless of the lack of media coverage, round of applause to Ben and Jerry.

Hopefully, Ben and Jerry's sells enough t-shirts and other franchisers join the movement, to raise awareness and bring about effective change when it comes to police brutality and racism in America, and across the globe.

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Lil Wayne Suing Birdman & Cash Money For $51 Million

Posted On: January 29, 2015

What started out as a dispute over the delayed release of "Tha Carter V" album, is resulting in Lil Wayne suing his former record label, Cash Money for $51 million dollars.

If you looked at the timeline, Lil Wayne started having issues with Cash Money after he joined the Zulu Nation. Hmmm... things that make you raise an eyebrow. But let's get to the story.

Initially. Lil Wayne has been working on his upcoming album Tha Carter V  which seemed like for the longest, the album is a sequel to his other Carter albums and was shceduled to be released in December of 2014. But the album was pushed back instead. Lil Wayne went on Twitter and vented about the situation, expressing it wasn't the first time an album of his got pushed back and that his  former label, Cash Money was trying to control his creativity. Lil Wayne vented, in other terms that he couldn't really spread his wings when it comes to his own creativty, as an artist at Cash Money.

There were many specualtions about what was going on between Lil Wayne, Birdman and Cash Money, which most of it, if not all were rumors instead of facts.

According to TMZ, who reported Lil Wayne had a pending lawsuit, which stated he would acquire and take labelmates Drake and Nicki Minaj with him, upon his departure from Cash Money. Apparently, Drake and Nicki Minaj are Young Money Entertainment artists and the record label is owned by Lil Wayne. Other artist who are on the label include: Christina Milian, Mack Maine and Lil Twist.

Even though all those artist are under Lil Wayne's Young Money, the conflict is his label is an entity off Cash Money, who is the distrutor and in contract with Young Money. And this why the matter has become a legal issue.

According to court documents, Lil Wayne filed a lawsuit to end his contract with Cash Money and is also, suing them for $51 milliond dollars; claiming they breach their contract when they refused to release his album, after they pushed it back. Lil Wayne stated in the lawsuit, that Cash Money withheld ten millions of dollars from him and owes him money for the delayed Carter V album.

Documents of the lawsuit leaked online and can be viewed, by clickng on the link below.

http://www.scribd.com/doc/254045771/Lil-Wayne-v-Cash-Money-complaint-pdf

The documents are very meticulous, down to percentage in numbers, Lil Wayne is much smarter than he appears to be.

Since the lawsuit was filed, Birdman nor Cash Money has yet to make any statements or rebuttals. No other documents pertaining to the lawsuit have been leaked or released. There's no information available when Birdman and Lil Wayne will go to court.

Until then, we'll keep you updated and hope all works well for both parties involved.

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