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Netflix’s Board of Directors has approved a 10-for-1 stock split, the company announced in a news release on Thursday, Oct. 30, 2025. Shareholders of record at the close of trading on Monday, Nov. 10, 2025, will receive nine additional shares for each share held, effective after the close on Friday, Nov. 14, 2025. Trading on a split-adjusted basis is expected to begin Monday, Nov. 17, 2025. Netflix said the split aims to “reset the market price of the Company’s common stock to a range that will be more accessible” for employees with stock options . Netflix shares rose by 2% in after-hours trading following the 10-for-1 stock split announcement, Business Insider reports . The stock closed Thursday at $1,089, up 42% over the past year, and is one of only 10 S&P 500 stocks trading above $1,000, reports CNBC. Thursday’s 10-for-1 split marks Netflix’s third split-stock decision, following a 2-for-1 split in 2004 and a 7-for-1 split in 2015, per Yahoo! Finance. What Is A Stock Split?...
Apple officially launched iOS 26 on Monday, Sept. 15, 2025, bringing new features to iPhone, iPad, Mac, Apple Watch, and Apple Vision Pro — all powered by Apple Intelligence and designed with privacy and data protection at every step, according to a news release. Developers can take advantage of iOS 26’s new features at no cost. The operating system also introduces Liquid Glass, Apple’s latest software material that unifies user interfaces with a sleek, glass-like aesthetic. “At Apple , we’ve always believed in the deep integration of hardware and software that makes interacting with technology intuitive, beautiful, and delightful,” Alan Dye, vice president of Human Interface Design, said in a statement. “This is our broadest software design update ever,” he added. “…[Liquid Glass] combines the optical qualities of glass with a fluidity only Apple can achieve, as it transforms depending on your content or context. It lays the foundation for new experiences in the future and,...
The Gilbert Family Foundation is investing over $4 million to strengthen Black-owned businesses in Detroit through grants to Black Leaders Detroit (BLD) and the Michigan Black Business Alliance (MBBA). Announced during National Black Business Month , the Foundation revealed in a news release on Thursday, Aug. 21, 2025, that it is investing in a broad range of programs, expanding access to capital, technical assistance, and business coaching. “Detroit’s continued growth hinges on a strong small business community throughout the city,” said Darnell Adams, the Gilbert Foundation’s vice president of Detroit community initiatives. “These investments will ensure Detroit developers, entrepreneurs , and small businesses have the resources and opportunities needed to shape the future of our city and state.” BLD will receive a $2.1 million grant to expand its no-interest lending programs, including The Building Fund, which offers up to $150,000 to Black real estate developers for residential...
Apple officially opened the Apple Manufacturing Academy in Detroit, a new initiative designed to help small and mid-sized businesses adopt advanced manufacturing technologies. According to a news release, the academy is part of Apple’s larger mission to invest more than $500 billion in the U.S. economy over the next four years, continuing its commitment to American manufacturing and innovation. Developed in partnership with Michigan State University (MSU), the Detroit facility offers free programming that includes in-person workshops and consulting services. Virtual programming is scheduled to launch later in 2025, according to the release. The goal is to provide companies with tools to integrate AI, automation, and data-driven manufacturing into their operations. Training sessions cover topics such as machine learning, process optimization, and leveraging digital technologies to improve efficiency and product quality. “Automation, robotics and artificial intelligence are more...
Recently, more than 125 students graduated from Detroit’s Apple Developer Academy, a one-of-a-kind, free 10-month program launched in 2021 through a partnership between Apple and Michigan State University (MSU), according to a news release shared with AFROTECH™. But the Apple Developer Academy is about more than just coding. It equips Detroiters with real-world skills and the confidence to thrive in app development, business, and today’s ever-evolving tech landscape, per the release. A Pipeline For Real-World Innovation What makes Detroit’s Apple Developer Academy truly unique is its approach. Beyond mastering Swift coding, students dive into AI, UX design, marketing, and project management. The program is also backed by the Gilbert Family Foundation, which helps connect graduates with internships, mentors, and career opportunities across Detroit. “As Detroit continues to emerge as a national hub for technology, the Apple Developer Academy is creating pathways for Detroiters of all...
Innovative learning labs are being planted in southern underresourced cities to combat the digital divide. Ed Farm Launched in February 2020, Ed Farm, with the support of Apple and the Alabama Power Foundation, works to reach students, teachers and the workforce with the goal of establishing an epicenter for education technology, Ed Farm President Waymond Jackson told AFROTECH™ during the Future of Learning Summit 2025 on June 5. Photo Credit: Samantha Dorisca The organization initially focused on the Birmingham, AL area, launching with a partnership with Birmingham City Schools before expanding to Montgomery Public Schools and Atlanta Public Schools by 2021. Today, its efforts have scaled to Georgia, North Carolina, South Carolina, and California, per The Business Journals. The arrival of Ed Farm came just weeks before the pandemic. “We were just working with one school district, which was Birmingham City Schools. What I continue to tell my team was that we positioned to be a...
Editorial Note: Opinions and thoughts are the author’s own and not those of AFROTECH™. When people hear the word “Apple,” they do not automatically think of the fruit; they think about the company that has been a mainstay in the world of consumer technology since Steve Jobs and Steve Wozniak founded it in 1976. Apple was founded in Los Altos, CA, a suburb of Silicon Valley , in the home of Steve Jobs’ parents. The time Jobs spent building the original vision for Apple in his parents’ garage is why many entrepreneurial stories reference the garage as a symbol of humble beginnings when discussing how their companies first got off the ground. While many millennials and Gen Z remember how life-changing the iPod was when it was released, it revolutionized the way we listened to music, along with iTunes, which changed the way music was purchased and consumed. Long before the iPod, Apple’s first consumer smash hit was the Apple II . Released in 1977, the Apple II debuted alongside other...
Editorial Note: Opinions and thoughts are the author’s own and not those of AFROTECH™. Trump’s tariffs have upended multiple industries. For bigger companies like Apple and Microsoft, or fast fashion behemoths like Zara, tariffs can be easily avoided by moving their distribution elsewhere. But for smaller businesses that don’t possess the same infrastructure, they don’t have that ability. Most Americans would agree that manufacturing should come back to the United States. Over the past decades, companies have moved their work abroad to take advantage of lower wages and the lack of unions that protect workers from abuses. In short, it’s easier to take advantage of the cheap labor offered in other countries like China, Thailand, and Vietnam. The whole system is inherently problematic, especially when we look at how workers in the United States are constantly berated and not treated properly. Moving manufacturing back to the states will also mean, unfortunately, that prices for goods...
Apple faces its largest decline since 2020, leading the race of significant drops in technology stocks as President Donald Trump announced a 10% tariff on all imported goods and higher duties targeting specific countries, according to CNBC. Trump shared the news about tariffs from the White House’s Rose Garden after the market closed on Wednesday, April 2, 2025, raising concerns about a potential global trade war . According to a White House fact sheet, the tariffs will take effect at 12:01 a.m. EST on Saturday, April 5, 2025. “Today, President Donald J. Trump declared that foreign trade and economic practices have created a national emergency, and his order imposes responsive tariffs to strengthen the international economic position of the United States and protect American workers,” the fact sheet read. On Thursday, April 3, Apple stock declined by over 8%, Meta Platforms and Amazon each dropped about 7%, and Nvidia and Tesla experienced declines of over 4%, per CNBC. The...
Editorial Note: Opinions and thoughts are the author’s own and not those of AFROTECH™. Last week, President Donald Trump announced that the U.S. would sell “gold card” visas for over $5 million to wealthy foreigners to alleviate the country’s trillion dollars in debt. As he continues to align himself with billionaire oligarchs, sycophants like Vladimir Putin—it’s clear that Trump has never cared for ordinary people. In his statement, he claimed that this new initiative had never been done before. But as always, he is mistaken. Investing large sums of money in citizenship has been in place in various countries across Europe and the Caribbean. The incentive of citizenship for pay—with advantages like limited restrictions and more flexibility—can open the door for wealthy yet dubious individuals to perform illicit activities. While no one can assume that every person who pays upwards of millions of dollars for foreign citizenship is a criminal, the lack of regulations opens up the EU,...
Those who have been following along with corporate news in recent weeks may already be aware of president Donald Trump’s ongoing initiative to bring massive financial changes to the tech industry. The head of state and 34-time convicted felon previously announced multi-billion dollar deals with fintech giants including OpenAI, SoftBank and more. The collaboration, which has been titled Stargate , has drawn eyes from a number of tech industry heads, including Apple’s Tim Cook . Now, according to recent reports, Cook himself has announced an effort to invest $500 billion back into the United States economy, with specific plans to hire 20,000 new U.S. based employees over the next five years. Though Apple has always been at the forefront of American engineering and design, this announcement has come as quite a shock to some investors, considering Tim Cook’s outspoken stance on upholding DEI initiatives , in stark contrast to Trump’s demands. Clearly, Cook is able to compartmentalize...
Last week, Apple announced plans to launch the latest product in their long-running line of budget-friendly phones . The device, which many consumers tentatively titled the iPhone SE 4, is expected to release later this month, with a presale kicking off on Feb. 21. The initial announcement came jam-packed with surprises and updates, leaving Apple loyalists with plenty of new specs to pour over. If you’re interested in learning more about the iPhone SE 4, we’ve got you covered, with a brief but thorough deep dive into the latest Apple announcements , and a look ahead at what we can expect from the actual smartphone hardware. What Is The iPhone SE 4? The iPhone SE series dates back to 2016, when Apple execs decided to offer a budget-friendly alternative to their standard numeric line of smart devices. Unlike its contemporaries, including the iPhone 6 and iPhone 6 Plus, the SE would offer the latest in iOS services crammed into the outdated body of a previous model. While the device...
Kendrick Lamar received mixed reactions from the public over his Super Bowl LIX halftime performance — but it led to a nearly 175% increase in Spotify streams across the United States. According to an Instagram post shared by Spotify on Feb. 10, 2025, several songs from Lamar’s halftime setlist experienced significant boosts. “Not Like Us” — the popular Drake-aimed diss track released in May 2024 — saw a 430% increase, followed by “HUMBLE,” which rose 300%. “DNA,” which, along with “HUMBLE,” is from the 2017 album “DAMN,” experienced a 260% increase. “Luther,” performed with SZA, and “tv off,” featuring lefty gunplay, both experienced a 170% increase in streams. SZA also benefited from the performance, with an 80% increase in her Spotify streams. View this post on Instagram A post shared by Spotify News (@spotifynews) Exactly one week after winning five Grammy Awards — bringing his total to 22 — Lamar performed 10 songs at Super Bowl LIX on Feb. 9, 2025, including five tracks...
Apple has a new app on the market. On Tuesday, Feb. 4, 2025, the tech company introduced Apple Invites, which allows Apple device owners to create custom invitations to round up friends and family for any occasion, the tech giant shared in a news release. The app lets users invite friends from their contact list to an event, share the invite with a link, add photos to shared albums, and interact with an Apple Music playlist. “With Apple Invites, an event comes to life from the moment the invitation is created, and users can share lasting memories even after they get together,” Brent Chiu-Watson, Apple’s senior director of worldwide product marketing for apps and iCloud , said. “Apple Invites brings together capabilities our users already know and love across iPhone, iCloud, and Apple Music, making it easy to plan special events.” While an iCloud+ subscription, which starts at 99 cents, is required to create invites, anyone — including Android users — can RSVP and view information...
Apple is on the lookout for bright developers. The tech giant will soon be jumpstarting its 2025 Swift Student Challenge, which was created to empower rising developers, creators, and entrepreneurs. Its website mentions they will be tasked with scaling their ideas into an application leveraging tools that include Swift Playgrounds and Xcode. Previous winners include Keitaro Kawahara of Japan (PuzzlePix), Ruoshan Li of China (Deep Blue Tangram), and University of Alabama at Birmingham student AJ Nettles, who submitted an application named CryptOh. As AFROTECH™ previously told you, his app includes an interactive guide that explains the importance of password security and serves as a password manager and generator. “I wanted to make it easier for people to store their passwords and not have them on a random sticky note on the edge of their computer,” he told AFROTECH™. Nettles was among the 50 Distinctive Winners out of 350 winners of the challenge in 2024, and he was able to meet...