Coronavirus Updates: Milken Conference Postponed Again, L.A. County Hits Grim New Record

Coronavirus Updates: Milken Conference Postponed Again, L.A. County Hits Grim New Record

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:

  • Los Angeles heads into week after largest one-day increase in COVID-19 deaths
  • Milken Global Conference postponed again
  • Skip grocery shopping this week, L.A. health officials warn as they prepare for onslaught

    Officials urge residents to skip shopping this week as deaths climb to 147, cases to 6,300 

    Bracing for a wave of coronavirus cases, Los Angeles county health officials asked people to skip shopping this week. The plea case as the fast-moving COVID-19 claimed another 15 people, bringing total deaths to 147 in the county. So far county health officials have logged 6,360 cases of COVID-19 with 420 new ones reported on Monday.

    "We will see many more cases over the next few weeks," said Barbara Ferrer, the county's public health director during a daily press conference. "If you have enough supplies in your home, this would be the week to skip shopping altogether. if you can arrange for medications and groceries to be delivered, this would be the week to put this in place. "

    Ferrer also said she's encouraging grocery stores and pharmacies to offer free delivery services for the elderly and those with underlying health conditions because they have such a high risk of dying from COVID-19

    She urged the elderly and those at high risk to not go out except for medical appointments. "There is a lot of virus circulating in our community and you are not safe if you go out," she said.

    Ferrer said last week that she expected new cases to jump to about 1,000 a day in the coming weeks.

    Milken Global Conference postponed again

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    The Milken Institute announced Monday it was again pushing back the 2020 Milken Institute Global Conference, to October 12-15, 2020.

    It is another indication of how rapidly circumstances have changed over the last few weeks. Less than a month ago, Milken said the conference would be moved to July. It was originally scheduled to take place in May.

    The gathering, which attracts 4,000 attendees from more than 70 countries to Beverly Hills, normally takes over the entire Beverly Hilton – from the same massive ballroom where the Golden Globes are held to dozens of smaller rooms.

    Had it been held in July, the conference would likely have to have been more spread out. Milken staff were exploring different sites in Los Angeles since it was not clear how much of the Hilton was already booked. But with the event pushed back to October, the event can now once again take over the hotel.

    Of course, it remains very much an open question whether large scale events can take place at all by October. But Milken would be loath to cancel its Global Conference since it is a major source of the nonprofit's annual revenue.

    "The global crisis demonstrates the need for individuals, organizations, and nations to bridge divides and work together to find solutions to—and be better prepared for—economic and health challenges like those we are facing now and in years to come," Michael Klowden, CEO of the Milken Institute, said in a statement.

    Los Angeles heads into week after largest one-day increase in COVID-19 deaths

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    Los Angeles County hit a grim new record over the weekend after 28 deaths were reported on Saturday from the novel coronavirus, the largest one-day increase since the outbreak slammed California. This will likely be front-and-center when California Gov. Gavin Newsom and Los Angeles Mayor Eric Garcetti hold respective briefings later Monday,

    As of Sunday, there were 15 additional deaths and 683 new cases -- bringing the county's totals to 132 deaths and 5,950 cases. "We have some very difficult days ahead and now is the time for all of us to redouble our physical distancing efforts and look after our neighbors, friends, and families who may be at the highest risk for serious illness from COVID-19," Barbara Ferrer, director of the L.A. County Department of Public Health, said in a statement.

    LA’s Upgrade in Travel and NBA Viewing
    Image Source: Los Angeles World Airports

    🔦 Spotlight

    Exciting developments are underway for Los Angeles as the city prepares for major upgrades in both travel and entertainment. The Los Angeles Board of Airport Commissioners has approved an additional $400 million for the Automated People Mover (APM) at LAX, increasing its total budget to $3.34 billion. This boost ensures the elevated train’s completion by December 8, 2025, with service starting in January 2026. For Angelenos, this means a significant improvement in travel convenience. The APM will streamline connections between parking, rental car facilities, and the new Metro transit station, drastically cutting traffic congestion around the airport. Imagine a future without the dreaded 30-minute traffic delays at LAX! The APM will operate 24/7, reducing airport traffic by 42 million vehicle miles annually and carrying 30 million passengers each year, while also creating thousands of local jobs and supporting small businesses.

    Meanwhile, the NBA is also making waves with its new broadcasting deals. The league has signed multi-year agreements with ESPN, NBC, and Amazon Prime Video, marking a notable shift in media partnerships. ESPN will maintain its long-standing role, NBC returns as a network broadcaster after years away, and Amazon Prime Video will provide NBA games through its streaming platform. Starting with the 2025-2026 season, these deals will enhance the league's reach and revenue, aligning with the NBA's goal to expand its audience and adapt to evolving viewing habits. Whether you're catching the action on TV or streaming online, these changes promise to elevate the fan experience and bring more basketball excitement to Los Angeles.


    🤝 Venture Deals

    LA Companies

    • Pearl, a startup that makes AI-powered software that assists dentists in identifying cavities, gum disease, and other dental conditions, raised a $58M Series B funding led by Left Lane Capital with Smash Capital, and others also participating. - learn more

    LA Venture Funds

    • Fulcrum Venture Group participated in a prior $3.5M Pre-Seed Round for Code Metal, a developer tools startup. - learn more
    • B Capital co-led a $12.5M Seed Round for Star Catcher, a startup that aims to develop a space-based grid that captures solar energy in space and distributes it to satellites and other space assets. - learn more
    • Mantis VC and Amplify participated in a $140M Series C for Chainguard, an open source security startup. - learn more
    • Prominent LA venture capitalist, Carter Reum and wife, Paris Hilton, participated in a $14M Seed/Series A for W, the men’s personal care brand from Jake Paul. - learn more

    LA Exits


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    🤫 The Secret to Staying Fit at Your Desk: 6 Essential Under-Desk Exercise Machines

    Health experts are sounding the alarm: our sedentary jobs are slowly killing us, yet we can't abandon our desks if we want to keep the lights on. It feels like we're caught between a rock and a hard place. Enter under-desk exercise machines – the overlooked heroes (albeit kind of goofy looking) of the modern workspace. These devices let tech professionals stay active, enhance their health, and increase their productivity, all without stepping away from their screens. Here are 6 fantastic options that will enhance the way you work and workout simultaneously.

    DeskCycle Under Desk Bike Pedal Exerciser

    This bike has nearly ten thousand five-star reviews on amazon. It works with nearly any desk/chair setup. It is quiet, sturdy and allows up to 40 pounds of resistance. If you are looking for an under-desk bike this is a fantastic option.

    Type: Under-Desk Bike

    Price: $180 - $200


    Sunny Health & Fitness Dual Function Under Desk Pedal Exerciser

    This under-desk bike is extremely quiet due to the magnetic resistance making it an ideal option if you work in a shared space. It doesn’t slip, has eight levels of resistance, and the option to work legs and arms. It’s about half the price of the DeskCycle bike making it a solid mid-range option for those looking to increase their daily activity.

    Type: Under-Desk Bike

    Price: $100 - $110


    Sunny Health & Fitness Sitting Under Desk Elliptical

    This under-desk elliptical comes in multiple colors if you really want to underscore that you are a quirky individual, in case an under-desk elliptical isn’t enough. This model is a bit heavy (very sturdy), has eight different resistance levels, and has more than nine thousand 5-star reviews.

    Type: Under-Desk Elliptical

    Price: $120 - $230


    DeskCycle Ellipse Leg Exerciser

    This under-desk elliptical is another great option. It is a bit pricey but it’s quiet, well-made and has eight resistance levels. It also syncs with your apple watch or fitbit which is a very large perk for those office-wide “step” challenges. Get ready to win.

    Type: Under-Desk Elliptical

    Price: $220 - $230


    Daeyegim Quiet LED Remote Treadmill

    If you have a standing desk and are looking to walk and work this is a fantastic option. This walking-only treadmill allows you to walk between 0.5 to 5 mph (or jog unless you have the stride length of an NBA forward). It is very quiet, which is perfect if you want to use it near others or during a meeting. You can’t change the incline or fold it in half but it is great for simply getting in some extra steps during the work day.

    Type: Under-Desk Treadmill

    Price: $220 - $230


    Sunny Health & Fitness Foldable Manual Treadmill

    This under-desk treadmill isn’t the most premium model but it is affordable and has an impressive array of features. It is a manual treadmill meaning it doesn’t need to be plugged in; it is foldable and offers an incline up to 13%. I personally can’t imagine working and walking up a 13% incline but if that sounds like your cup of tea, then I truly respect the hustle.

    Type: Under-Desk Treadmill

    Price: $150 - $200




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    🤠Musk Picks Texas and 🔥Tinder AI Picks Your Profile Pictures

    🔦 Spotlight

    Tinder is altering dating profile creation with its new AI-powered Photo Selector feature, designed to help users choose their most appealing dating profile pictures. This innovative tool employs facial recognition technology to curate a set of up to 10 photos from the user's device, streamlining the often time-consuming process of profile setup. To use the feature, users simply take a selfie within the Tinder app and grant access to their camera roll. The AI then analyzes the photos based on factors like lighting and composition, drawing from Tinder's research on what makes an effective profile picture.

    The selection process occurs entirely on the user's device, ensuring privacy and data security. Tinder doesn't collect or store any biometric data or photos beyond those chosen for the profile, and the facial recognition data is deleted once the user exits the feature. This new tool addresses a common pain point for users, as Tinder's research shows that young singles typically spend about 25 to 33 minutes selecting a profile picture. By automating this process, Tinder aims to reduce profile creation time and allow users to focus more on making meaningful connections.

    In wholly unrelated news, Elon Musk has announced plans to relocate the headquarters of X (formerly Twitter) and SpaceX from California to Texas. SpaceX will move from Hawthorne to Starbase, while X will shift from San Francisco to Austin. Musk cited concerns about aggressive drug users near X's current headquarters and a new California law regarding gender identity notification in schools as reasons for the move. This decision follows Musk's previous relocation of Tesla's headquarters to Texas in 2021.

    🤝 Venture Deals

    LA Companies

    LA Venture Funds

    LA Exits

    • Penguin Random House agreed to acquire comic book publisher Boom! Studios from backers like Walt Disney Co. - learn more

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