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Will Smith And Nas Invest In App Promoting Financial Literacy For Teenagers

Will Smith and Nas are two of the big names who are reportedly investing in a new financial literacy app geared at teenagers.

Step is reportedly Apple-Pay integrated, and aims to promote the importance of setting financial limits and providing guidelines so that young people can learn more about saving.

“Schools don’t teach kids about money,” Step co-founder and CEO CJ MacDonald said of the app. “We want to be their first bank accounts with spending cards, but we also want to teach financial literacy and responsibility. Banks don’t tailor to this and we want to be a solution, teaching the next generation of adults to be more responsible with money in the cashless era.”

Per Techcrunch, the app itself enables teens to access bank accounts that do not come with a minimum balance or fees, and provides tips on how to manage money. It is led by Stripe, and saw backing from Will Smith’s Dreamers fund and Nas, raising just under $30 million in funding.

“To that end, Step has been marketing directly to its future users, doing viral things like incentivizing sign-ups by giving users a dollar towards their bank accounts (when they come online) for each person that gets referred and also signs up using a person’s code,” writes Techcrunch.

“Teenagers under 18 will even be able to sign up for accounts without parental or guardian consent — although these accounts with be very limited in their functionality.”

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‘Bad Boys 4’ Is Reportedly In The Works

Martin Lawrence and Will Smith are reportedly returning for another installment of the Bad Boys franchise. According to The Hollywood Reporter, Bad Boy’s 4 is already in the works.

Bad Boys for Life script writer Chris Bremner will return for Bad Boy’s 4, the outlet reported on Friday (Jan. 17). No word yet on when the film will be released, but fans can expect a much shorter wait than the 17-year gap between Bad Boy’s 2 and Bad Boys for Life. The film was delayed due to script issues.

“I just didn’t want to wreck the franchise,” Smith told Elliott Wilson during a CRWN interview last month. Lawrence echoed his words in an interview with GQ magazine.

“The script wasn’t right. And Will, to his credit, refused to do the movie until the script was right. It wouldn’t have been a good movie. We dint’ want that. We wanted to do a sequel where people would go, ‘Oh man, that’s what I’m talking about. It just get better.’”

Bad Boy’s for Life opened on Friday and is expected to bring in more than $67 million in its debut weekend.

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Beyoncè’s Ivy Park x Adidas Collaboration Is Already A Major Success

The internet has been buzzing with anticipation for Beyonce’s new Ivy Park x Adidas collaboration so its no surprise that the line sold out in a day. Pre-sale items from the new collection, and Bey’s first with Adidas after dropping Top Shop and becoming the sole owner, went on sale on Friday (Jan. 17). By the end of the day, the only items still available were Ivy Park socks and even those were sold out by Saturday.

The line consists of an orange burgundy and off-white color pallet and includes track pants, jackets, hoodies, dresses, sneakers, bras, bodysuits, cycling shorts, fanny packs, and more.

Live on https://t.co/SDScvRTZ6p 12 PM PST pic.twitter.com/ozhQd1chIx

— BEYONCÉ (@Beyonce) January 17, 2020

Beyoncé for adidas x IVY PARK.#adidasxIVYPARK pic.twitter.com/jnBa6OEfCI

— BEYONCÉ LEGION (@BeyLegion) January 17, 2020

“My team has worked hard with the adidas team in bringing my vision to life for the first collection and I am grateful and proud,” Bey said in a statement last year. “From the accessories to the clothes and footwear, I wanted to design and re-imagine pieces that serve as favorite armor for anyone who acknowledges the strength in their individual style and lives freely and boldly.”

Prior to the launch, Bey gifted some of her celebrity friends and family members including her mother, Tina Lawson, Kelly Rowland, Yara Shihidi, Janelle Monae, Ciara, and stylist June Ambrose, with the entire Ivy Park x Adidas collection.

Portions of the collection are still available at select Adidas stores, as well as Nordstorm, Bloomingdale’s, ASOSA, Finish Line and Foot Locker.

In other Yonce news, the “Spirit” singer reportedly signed a new publishing deal with SONY/ATV.

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Nipsey Hussle attends the 61st Annual GRAMMY Awards at Staples Center on February 10, 2019 in Los Angeles, California.
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Nipsey Hussle Rumored To Receive Tribute At 62nd Annual Grammy Awards

This time last year, Nipsey Hussle attended the Grammy Awards as a first-time nominee. The Los Angeles native, who earned a nod for his long-awaited feature length studio album, Victory Lap, hit the red carpet alongside his daughter, Imani, and partner Lauryn London. Despite losing the category to Cardi B, Hussle's landing a nomination after years of grinding in the rap game, was a victory within itself.

“It ain’t expect nothing,” he told Big Boy's Neighborhood last last year of being nominated.. “It’s been some talk around it so if the list would’ve come around and I wasn’t on it, I wasn’t going to be disappointed.”

Two months after the award show, the 33-year-old rapper and entrepreneur was gunned down in the parking lot of his clothing store. Hussle's tragic death seemingly expanded his fans based an illuminated his legacy and influence, and according to a report from Hits Daily Double, the Grammys will pay tribute to the late recording artist during this year’s ceremony. It's unclear who will participate in the supposed tribute as  the Recording Academy has yet to confirm (or deny) the rumor.

Hussle also received three posthumous Grammy nods for Best Rap Song, Best Rap Performance and Best Rap/Sung performance. The ceremony is expected to feature performances from Tyler the Creator, H.E.R., Charlie Wilson, Lil Nas X, BTS, Lizzo, and Aerosmith with Run DMC, and more.

The 62nd annual Grammy Awards air on Jan. 26 on CBS.

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