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What is a Black Aristocrat? - A Rich Heritage and Cultural Legacy

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 Introduction Black aristocracy is a term that refers to individuals or families of African descent who have achieved significant wealth, social status, and influence. Despite historical challenges and systemic barriers, the black aristocracy has emerged as a testament to resilience, determination, and excellence. This article delves into the captivating story of black aristocrats , their impact on society, and the rich cultural legacy they leave behind. 1. The Rise of Black Aristocracy The rise of black aristocracy can be traced back to the era of slavery and colonialism, where some enslaved individuals managed to accumulate wealth and status. As time progressed, post-slavery, and during the Civil Rights Movement, the black community saw the emergence of highly accomplished individuals who broke barriers and shattered stereotypes. These trailblazers laid the foundation for the black aristocracy we see today. 2. Notable Black Aristocratic Families Several prominent black aristocrat...

Facebook Pays £29m Corporate Tax in the UK - California Observer

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  Despite reporting record-breaking sales of £3.3 billion, Facebook operations in the UK paid £29 million in corporation tax last year, and its average employee salary increased to $262,000 as a result. According to the social media company’s most recent financial reports for its London-based division, gross advertising revenues increased by more than 37% in 2017 from £2.4 billion to £3.3 billion. The second-largest participant in the UK digital advertising business behind Google is Facebook’s parent company, Meta, which also owns Instagram and WhatsApp. According to its Companies House filing, Facebook UK reported pre-tax profits of £229.5 million last year. The company describes itself as a supplier of sales support, marketing services, and engineering support to the Meta Group. This was an increase of more than a fifth above the £190 million the company made in 2020... Read More

Morocco makes world cup history

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  Morocco dashed Portugal and Cristiano Ronaldo’s world cup hopes on Saturday to become the first African country to make it to a World Cup semi-final. Youssef En-Nesyri, a striker, scored the game-winning goal in the first half. He jumped higher than goalkeeper Diogo Costa and got the ball past him. Al Thumama Stadium went crazy when the goal was scored. The north African team’s fans filled most of the stadium and cheered wildly as they made their debut on the world stage. Ronaldo came off the bench in the 50th minute to tie the men’s all-time international match appearance record of 196. But he couldn’t get his team to come back into the game. Morocco, which will play France in the semi-finals, was happy to play on the counter and scored the first goal right before halftime. A few minutes later, Portugal’s captain Bruno Fernandes came agonizingly close to tying the game, but his brilliant individual shot hit the crossbar... Read More Source - California Observer

Theranos: Sunny Balwani sentenced to prison

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  The court has sentenced Ramesh ‘Sunny’ Balwani, an executive of the failed startup, Theranos to a prison sentence of almost 13 years. For his part in Theranos, the court found Balwani guilty of twelve counts of wire fraud as well as the conspiracy to commit wire fraud. Executives at Theranos said that the product could diagnose diseases with a few droplets of blood from a finger prick. This was not true. Last month, Holmes was given a prison sentence of over 11 years (135 months). At the end of a nearly four-hour hearing the court handed Balwani a prison sentence of 155 months . He did not say anything. Like Holmes, his lawyers say he plans to file an appeal. He was found guilty, unlike Holmes, of cheating people who used blood tests. The court found Holmes guilty of fraud on four counts. Holmes started Theranos after she drooped out of Stanford University at age 19 and was called “the next Steve Jobs.” After it said it could change how diseases are diagnosed, the… Read More Sour...