Coronavirus Updates: Mattel Using Fabric from Barbie to Make Face Masks, Virgin Orbit Designs Ventilator

Coronavirus Updates: Mattel Using Fabric from Barbie to Make Face Masks, Virgin Orbit Designs Ventilator

Here are the latest headlines regarding how the novel coronavirus is impacting the Los Angeles startup and tech communities. Sign up for our newsletter and follow dot.LA on Twitter for the latest updates.

Today:

  • Disney's Iger won't take a salary, other executives take pay cuts
  • Virgin Orbit Designs Mass-Producible Ventilator for COVID-19 Patients
  • Coronavirus claims 342 new cases in Los Angeles County
  • Mattel using fabric made for Barbie to create face masks

      Mattel orders factories to use fabric designed for Barbie to make face masks

      upload.wikimedia.org

      Mattel Chairman and CEO Ynon Kreiz said the toymaker's plants in El Segundo and East Aurora, NY are "producing face masks from Barbie and Fisher-Price fabric" to help battle the shortage inundating the nation's hospitals. He said the company also plans to create face shields from materials at both factories. "We are ensuring social distancing and safe working environments for our dedicated production teams who are taking on the challenge," Kreiz said in a statement. "These masks will be distributed to hospitals and first responders later this week." He added that the company is "comitted to using our resources to contribute as much as we can to fight COVID-19."

      New coronavirus cases climb past 2,400 in LA county, 44 deaths

      Seven more people died of novel coronavirus in Los Angeles County and there are 342 new cases, public health officials said Monday. There have now been 2,474 cases in the county and 44 deaths as of noon. About 20% of those tested positive for COVID-19 have been hospitalized at some point during their illness.

      "The greatest service the general public can provide is to stay home, to self-isolate when sick and to self-quarantine if exposed," said county health director Barbara Ferrer. "These measures will make the biggest impact in our efforts to mitigate the infection rate in the county."

      Meanwhile, officials are increasingly worried that the fast-moving virus will spread inside the county's crowded jail system after an inmate and four people who work in the Los Angeles County jails came down with the illness, the Los Angeles Times reported.

      Virgin Orbit designs mass-producible ventilator for COVID-19 patients

      Rocket-maker Virgin Orbit has developed a bridge ventilator with university researchers that it will produce in Long Beach and deliver to overburdened hospitals battling COVID-19 within the next week.

      Richard Branson's company must still get approval from the Food and Drug Administration before it can begin production at its manufacturing facility where it normally builds rockets to launch satellites into space. The company started the process after reaching out to California Gov. Gavin Newsom's office last week and being put in touch with a team at the University of California, Irvine and the University of Texas Austin working on bridge ventilators.


      "We are all heartbroken each night as we turn on the news and see the predicament facing doctors and nurses as they heroically work to save lives," said Virgin Orbit chief executive Dan Hart in a statement. "We are hopeful that this device can help as we all prepare for the challenges ahead."

      The company said it would continue to scale up production and could activate other manufactures as "soon as thee device is reproducible and production ready."

      Virgin Orbit's device compresses medical ambu bags, which helps patients with COVID-19 to breathe by delivering air to the lungs.

      Disney's Iger won't take a salary, other executives take pay cuts amid COVID-19

      live.staticflickr.com

      The Walt Disney Co. said Monday that executive chairman Robert Iger will not take a salary and recently named CEO Bob Chapek will take a 50% pay cut amid the coronavirus crisis. The company will also reduce salaries of vice presidents, senior vice presidents and executive vice presidents. The furloughs come as Disney's theme parks around the world have been closed down, and filming for the company's movie studio and ABC television programming have seized up.

      📱From Digital IDs to AI Feeds: Tech Giants Shake Up the Digital World

      🔦 Spotlight

      Happy Friday Los Angeles!

      This week, two tech titans, Apple and Snapchat, announced groundbreaking updates that are poised to reshape the way we interact with our digital devices. From secure digital IDs to personalized AI feeds, these innovations are set to have a significant impact on our daily lives.

      Apple's Digital Driver's License: A Game-Changer for LA Residents

      Apple has taken a major step forward in digital identity with the integration of California driver's licenses and state IDs into Apple Wallet. This initiative, part of the state's mobile driver's license (mDL) program, offers a more convenient and secure way for LA residents to carry their identification. With encrypted data and NFC-enabled verification, users can now use their digital IDs at TSA checkpoints, select retailers, and even for age verification at bars and restaurants.

      The mDL program not only simplifies travel and everyday transactions but also presents exciting opportunities for LA-based startups specializing in fintech, cybersecurity, and identity verification. As digital IDs become more widely adopted, these startups can innovate to create new applications and services that leverage this technology.


      Image Source: Snap

      Snapchat's AI-Powered Feed and Enhanced AR: A Personalized Experience

      Snapchat is undergoing a major transformation with its most significant redesign in years, focusing on simplicity and personalization. The app now offers a more personalized experience, with an AI-driven "For You" feed that curates content tailored to individual preferences. Additionally, Snapchat has enhanced its augmented reality (AR) tools, opening up new possibilities for interactive experiences and creative expression.

      LA's thriving tech ecosystem, particularly its startups focused on AI and AR, stands to benefit greatly from Snapchat's innovations. These updates provide opportunities for local developers to create complementary technologies and explore new partnerships within Snapchat's evolving platform.

      Impact on LA's Tech Ecosystem

      Both Apple's and Snapchat's updates underscore a growing trend toward personalization, security, and streamlined user experiences. LA's tech scene, with its vibrant startup community and strong focus on innovation, is well-positioned to capitalize on these shifts.

      As digital experiences become more integrated into our daily lives, LA's startups can explore new frontiers in AI, AR, and secure mobile technologies. This wave of innovation is set to drive growth and collaboration within the local tech ecosystem, solidifying LA's reputation as a global hub for cutting-edge technology.


      🤝 Venture Deals

      LA Companies

      • PictorLabs, an AI-powered histopathology platform that enhances disease detection, has raised a $30M Series B led by Insight Partners. The company has now raised a total of $48.8 million. - learn more
      • Mellomanic, formerly We Are Giant, has raised a $6M Funding Round, bringing its total capital to $13.8M, to expand its platform and enhance its music experiences for artists and fans, backed by investors including Sterling Partners. - learn more

        LA Venture Funds

        • Mucker Capital participated in a $2.5M Seed Round for Tab Commerce, a fintech company providing financial management solutions to transform how restaurants handle their spending and optimize operational efficiency. - learn more
        • Finality Capital led a $3.2M Seed Round for RISE, a Gigagas Layer 2 blockchain platform designed to enhance scalability and reduce transaction costs. - learn more


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        ⏳Top Productivity Techniques for Entrepreneurs

        In the busy world of entrepreneurship, staying productive is crucial for achieving success. With numerous tasks (and social media) competing for your attention, it can be tough to stay organized and focused. Fortunately, several proven productivity hacks can help you manage your time effectively and prioritize your workload. These strategies are backed by research and have been used by successful individuals in various fields. In this listicle, we’ll explore five effective productivity hacks, including the Pomodoro Technique and the Eisenhower Matrix, that can improve your work habits and enhance your entrepreneurial efforts.


        The Pomodoro Technique

        Developed by Francesco Cirillo in the late 1980s, the Pomodoro Technique uses a kitchen timer to break work into intervals, typically 25 minutes long, followed by short breaks. Cirillo named the method after the tomato-shaped timer he used as a university student, and it has since been adopted by many professionals and students to enhance focus and productivity. To implement it:

        • Choose a task to work on
        • Set a timer for 25 minutes
        • Work on the task until the timer rings
        • Take a short 5-minute break
        • After 4 pomodoros, take a longer 15-30 minute break

        The Eisenhower Matrix

        Named after former U.S. President Dwight D. Eisenhower, this prioritization method helps individuals categorize tasks based on urgency and importance. Eisenhower famously stated, "What is important is seldom urgent and what is urgent is seldom important," which underscores the value of distinguishing between these two aspects to effectively manage time and tasks. This prioritization method helps you focus on what's truly important by categorizing tasks into four quadrants based on urgency and importance:

        1. Urgent and important: Do immediately
        2. Important but not urgent: Schedule for later
        3. Urgent but not important: Delegate if possible
        4. Neither urgent nor important: Eliminate

        Time Blocking

        Time blocking is a technique used by many successful entrepreneurs, including Jack Dorsey and Cal Newport, to allocate specific periods for different types of work. By scheduling tasks in advance, individuals can minimize distractions and ensure they dedicate focused time to their most important responsibilities. This creates structure and helps minimize context switching. For example:

        1. 9-11 AM: Deep work on top priority project
        2. 11 AM-12 PM: Respond to emails/messages
        3. 1-3 PM: Meetings
        4. 3-5 PM: Administrative tasks

        The Two-Minute Rule

        Popularized by productivity expert David Allen in his book "Getting Things Done," the Two-Minute Rule states that if a task can be completed in two minutes or less, you should do it immediately. This approach helps prevent small tasks from piling up and cluttering your to-do list, allowing for a more organized workflow.


        Batching Similar Tasks

        Batching tasks is a technique used by many high-performing individuals, including writer Tim Ferriss, who advocates for grouping similar activities to minimize context switching. By focusing on one type of task at a time, such as responding to emails or making phone calls, you can increase efficiency and reduce mental fatigue.


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        LA Startups Supercharging Cars and Dating 🚗⚡💑

        🔦 Spotlight

        Happy Friday Los Angeles!

        EVgo Inc., a leading Electric Vehicle (EV) charging company based in West Los Angeles, has seen substantial growth under CEO Badar Khan. The company now operates over 3,400 fast chargers across 1,000 sites nationwide, strategically placed in high-traffic urban and suburban areas to enhance convenience for EV users. EVgo’s model focuses on owning and managing its charging stations to ensure a seamless experience, reflecting its commitment to supporting the mass adoption of electric vehicles and facilitating the transition to cleaner transportation.

        In a different electrifying market, Joe Feminella, inspired by his own successful dating journey, launched the dating app, First Round’s On Me in El Segundo with $5 million in funding. This app differentiates itself by requiring users to schedule a date within 24 hours of matching, and after a soft launch in select markets, it expanded nationwide in 2024. As the dating app market faces criticism over algorithmic practices and premium features, First Round’s On Me aims to offer a more genuine and immediate dating experience. Both EVgo and First Round’s On Me exemplify how companies in different industries are addressing their respective market challenges with innovative approaches to improve user experience and engagement.


        🤝 Venture Deals

        LA Companies

        • 3DEO, a startup that specializes in 3D printing small, high-volume metal parts, raised a $3.5M Strategic Investment Round from Mizuhio Bank. - learn more
        • Spotter, a startup that underwrites creators and offers AI tools, raised a $7.4M Funding Round. - learn more
        • Cashmere, a lead generation startup for wealth managers, raised a $3.6M Seed Round. Canapi Ventures led, and was joined by Benchstrength, Plug and Play, The House Fund, and Courtyard Ventures. - learn more

        LA Venture Funds

        • Crosscut Ventures participated in an $8.9M Series A Extension for Nostra AI, a startup that helps e-commerce businesses improve their website performance by speeding up load times. - learn more
        • Fika Ventures, an eight-year-old Los Angeles venture capital firm, has raised a fourth fund in the amount of $160 million to invest in early-stage B2B startups. - learn more

            ✨ Featured Event ✨

            LA TECH CEO SUMMIT

            LA’s tech leadership is set to reunite after a long break! This two day summit will focus on building strong connections, sharing insights, and fortifying the local tech community.

            Learn More Here

            Register Here


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