Kibo Announces 20% Discount on Technology and Services for All Certified Minority- and Women-Owned Businesses (MWBEs)

  • Immediate company-wide discount applies to full services and technologies for MWBEs across U.S.

  • Kibo to kick off an MWBE certification initiative to help more businesses receive resources they need and deserve

Kibo, the leader in cloud commerce, today announced that it will offer an immediate 20% discount on all products and services to certified Minority- and Women-Owned Business Enterprises (MWBEs) in the US that the company is doing business with for the first time. Kibo is making this announcement as part of a larger, long-term strategy to support diversity across the ecommerce industry and in our global communities. Women-owned businesses account for 39% of all privately held firms, while minority-owned businesses make up 15% of the nation’s total, together accounting for more than $2 trillion in revenue. Despite this, MWBEs are often underfunded and lack the same support network as other businesses.

“Minority- and Women-Owned Business Enterprises are part of

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Comcast Offers Thousands of Grants, Equipment, Marketing and Technology Resources to Small Businesses Hardest Hit by COVID-19

Comcast RISE Initiative Provides Small Businesses with Free Marketing Insights and Opportunities to Apply for Media, Technology Upgrades and Grants Up To $10,000

Black-Owned Small Businesses, Those Impacted Most by the Pandemic, are the First Eligible Applicants for Comcast RISE Resources and Grants.

Comcast Corporation (NASDAQ: CMCSA) today launched Comcast RISE, an initiative created to help strengthen and empower small businesses hard hit by COVID-19. The Comcast RISE program will help thousands of small businesses over the next three years. The multi-faceted program offers grants, marketing and technology upgrades, including media campaigns and connectivity, computer and voice equipment, as well as free marketing insights to all applicants.

U.S. small businesses have been particularly hard hit by the pandemic. A recent study from the National Bureau of Economic Research found that the number of U.S. active business owners dropped from 15 million to 11.7 million from February to April. The study

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4 Essential Tasks New Bootstrapped Businesses Should Outsource


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Opinions expressed by Entrepreneur contributors are their own.


When you’re bootstrapping your startup, it can be tempting to try to do everything yourself in an attempt to save money. After all, when you don’t have VC backing on your side, you have to stretch every dollar!

However, a do-it-all mentality could ultimately backfire in the long run. If you want to make the most of your financial resources and achieve the growth that will take your startup to the next level, you’re going to have to outsource.

No matter what industry you’re working in, each startup will have essential, time-consuming tasks that can easily take your attention away from the big-picture issues that affect your company’s long-term health. Ignoring these “everyday” tasks will limit your growth — but so will spending too much of your own time on them.

The solution, of course, is

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How Amazon Prime Day helps build million-dollar businesses

John MacDougall | AFP | Getty Images

Come Oct. 13 and 14, Amazon’s annual two-day members-only online sales extravaganza Prime Day will bring customers over one million deals on myriad products in popular categories including home accessories, toys, and electronics. But in addition to providing shoppers with steep savings starting at midnight PST on Tuesday, the popular sales promotion will also offer thousands of small businesses opportunities to quickly scale customer awareness and revenue.

Currently, more than 500,000 small and medium-sized businesses in the U.S. sell on Amazon, and the company’s goal is to onboard an additional 100,000 vendors as new sellers to its store. Despite the ongoing pandemic, third-party sellers continue to crowd its virtual aisles, and presently account for over half of all units sold via the online retailer. In the 12-month period ending in May alone, American SMB sellers sold more than 3.4 billion products, up from

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New Yelp Policy Will Flag Businesses Accused of Racism

Yelp  (YELP) – Get Report rolled out a new feature Friday that will alert users when an establishment has been associated with what the review site called “egregious, racially charged actions.” 

The San Francisco company’s site enables users to rank and comment about businesses.

“As the nation reckons with issues of systemic racism, we’ve seen in the last few months that there is a clear need to warn consumers about businesses associated with egregious, racially charged actions to help people make more informed spending decisions,” the company said in a statement. 

A banner with a red exclamation point and a tile of “Business Accused of Racist Behavior” will appear under a business where “someone associated with this business was accused of racist behavior.”

The banner also will say whether the racist behavior resulted in an influx of people posting their views to a business’s Yelp page. Those negative

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Yelp rolls out new tactic to warn consumers about businesses accused of ‘overtly racist actions’

Yelp has a zero tolerance policy for racism.

The company, which publishes and aggregates crowd-sourced business reviews, announced Thursday it will be placing a new “Business Accused of Racist Behavior Alert” on Yelp pages to warn users about businesses that have been said to display “overtly racist actions.” They will also include a direct link to a news article for consumers to learn more about the reported incident.

SUPPORT BLACK BUSINESSES: These black-owned Houston restaurants need your support during the COVID-19 crisis

“We know these values are important to our users and now more than ever, consumers are increasingly conscious of the types of businesses they patronize and support,” Noorie Malik, vice president of user operations, wrote in a blog post. “In fact, we’ve seen that reviews mentioning Black-owned businesses were up more than 617% this summer compared to last summer. Support for women-owned businesses has also increased, with review

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Yelp Says It Will Mark Pages of Businesses Accused of Racist Conduct

Yelp, the local search and review site, said it would post alerts on the pages of businesses where customers or employees have reported incidents of racism, the latest attempt by a U.S. company to introduce a tougher response system to confront discrimination after the police killing of George Floyd in May.

The company, which offers a platform for users to rate places like restaurants, small businesses and popular tourist sites, said in a statement Thursday that it would use a “business accused of racist behavior” alert when there was “resounding evidence” that a business owner or employee had taken racist actions, including the use of racist slurs or symbols. This alert will always link to a news article from a “credible media outlet,” Yelp said, without elaborating on which news organizations they considered to be credible or how it defined “resounding evidence.”

Yelp’s announcement raised questions about how the company

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AI Adoption Accelerates during COVID-19 Pandemic; 68% of US Businesses Increased Investment in AI Technologies

Highlights

  • Use of AI technologies reached 81%, up 33 percentage points since 2018

  • AI investment and adoption accelerated during COVID-19 pandemic

  • 86% of survey respondents believe that ethical considerations are a strategic priority in the design and implementation of their AI systems

  • AI is more likely to be used to increase efficiencies and worker productivity than to replace labor

  • US competitiveness in AI on the world stage remains a concern

The adoption of new artificial intelligence (AI) technologies and further investment in existing AI technologies accelerated during the COVID-19 pandemic, according to a study released today by RELX, a global provider of information-based analytics and decision tools for professional and business customers. The study also reveals that overall implementation of AI technologies across the business landscape increased for the third consecutive year.

The 2020 RELX Emerging Tech Executive Report marks the third edition of the survey and provides a three-year

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RELX Survey: AI Adoption Accelerates during COVID-19 Pandemic; 68% of US Businesses Increased Investment in AI Technologies – Press Release

NEW YORK–(Business Wire)–The adoption of new artificial intelligence (AI) technologies and further investment in existing AI technologies accelerated during the COVID-19 pandemic, according to a study released today by RELX, a global provider of information-based analytics and decision tools for professional and business customers. The study also reveals that overall implementation of AI technologies across the business landscape increased for the third consecutive year.

The 2020 RELX Emerging Tech Executive Report marks the third edition of the survey and provides a three-year overview of AI adoption. It features insights from business leaders across eight industries (government, healthcare, insurance, legal, science/medical, banking and agriculture) and covers AI’s impact on businesses’ success, the future of work, global competition, ethics, and the global COVID-19 response. More than 1,000 U.S. senior executives were surveyed.

COVID-19 Drove AI Technology Investment and Adoption

COVID-19 is the most pressing issue facing US executives today as it reshapes

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SAP pledges to spend more on social, diverse businesses



FILE PHOTO: SAP logo at SAP headquarters in Walldorf


© Reuters/Ralph Orlowski
FILE PHOTO: SAP logo at SAP headquarters in Walldorf


BERLIN (Reuters) – SAP will try to allocate 5% of its procurement spending to social enterprises and diverse businesses by 2025 to encourage greater social and environmental responsibility.

The German software group, which has 440,000 clients, appealed on Tuesday to other companies to join it in supporting small businesses owned and run by women or minorities.

SAP’s procurement initiative follows its launch in June of a product to help firms track greenhouse gas emissions in supply chains, backing a view that being transparent about their carbon footprint will be good for business.

Video: Seeing an acceleration in digital transformation, says IBM Services (CNBC)

Seeing an acceleration in digital transformation, says IBM Services

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The new initiative relates to so-called addressable spend, the share of a company’s procurement budget that can be allocated to social

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