Catch Up With This Week's Startup News in Our Weekly Video Recap
Lots happened in the L.A. tech and startup community this week. In a rundown of the top headlines, Chief Host and Correspondent Kelly O'Grady takes you through the key stories:
- President Trump's Executive Social Media Order Could Mean Trouble for Snap, TikTok
- Startups: Furniture Rental Servie Fernish Raises $10M Series A, Bird Could Thrive Post-COVID
- Media: HBO Max Launches, Esports Giant FaZe Clan Plans Expansion
- dot.LA Convenes -- Challenges Women Face with Confidence in a Virtual World
dot.LA Weekly Recap: Exec Order May Hurt Snap & TikTok, Bird Trending Up, FaZe Clan Surges Ahead www.youtube.com
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Amazon is once again postponing Prime Day, the company's annual sales event, due to the coronavirus. Amazon informed sellers of the delay this week, according to reports from Business Insider and CNBC.
Amazon is tentatively targeting the week of Oct. 5 for the holiday.
<p>Prime Day offers sales on hundreds of items for members of Amazon's Prime subscription service. It began in 2015 and has become a reliable revenue boost for the company.</p><p>Amazon typically holds Prime Day in July but the company's e-commerce business has been disrupted by a surge in orders from customers avoiding traditional retail due to the pandemic.</p><p>Last year, Amazon <a href="https://www.geekwire.com/2019/amazon-prime-day-2019-protests-political-battles-record-175m-items-sold/" target="_blank">sold more than 175 million items</a> on Prime Day, a 75% increase from the previous year. Amazon didn't say how much Prime members spent over the two-day period but it did note that "independent small and medium-sized businesses" sold more than $2 billion of items during the event.</p><p><em><a href="https://www.geekwire.com/2020/amazon-reportedly-postponing-prime-day-october/" target="_blank">This story first appeared on GeekWire</a>.</em></p>
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Lots happened in the L.A. tech and startup community this week. dot.LA chief host and correspondent Kelly O'Grady takes you through the key stories:
- Investing: Elementary Robotics Raises $12.7M in Series A, MarsBio Fund Aims to Get Local Biotech Startups to Stay in L.A.
- Media: Newsology Seeks to Change News Feeds Based on Work Interest, Event Hub Brings Vendor Booths to Virtual Concerts
- Remote Work: GitLab's Secret to Success, How Office Life Will Change After the Pandemic with HelloOffice
Weekly Recap: L.A. Bets on Biotech, Newsology Takes On Silicon Valley and the Secrets to Remote Work www.youtube.com
Watch to stay smart on what is happening, and follow us on Instagram for daily video content.
From Your Site Articles
- Los Angeles' Tech and Startup Scene is Growing. - dot.LA ›
- Catch Up With This Week's Startup News in Our Weekly Video Recap ›
- Los Angeles Tech and Startup Week in Review - dot.LA ›
- Catch Up With This Week's Startup News in Our Weekly Video Recap ›
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Asian, Black and LatinX tech professionals are more likely to send money to their families than their white counterparts, according to a study by TeamBlind, an anonymous social network of verified employees. The company looked at tech workers' financial obligations and how they spent.
The survey received 2,586 responses from June 25 through June 30 and asked three key questions: 1) Do you send money to your family; 2) As a percentage, how much of your annual salary do you send to your family?; 3) If you send money to your family, do you still have enough money for yourself?
<p>Here are the findings:<br></p><ul class="ee-ul"><li>46% of surveyed professionals send money to their families, with 28% of white professionals doing so compared to 70% of Asian professionals, 75% of Black professionals and 62% of LatinX professionals.</li><li>46% of professionals send up to 5% of their annual salary to their families.</li><li>14% of American Indian or Alaska Native send back all their disposable income back to their families.</li></ul><div class="rm-embed embed-media"><script id="infogram_0_f23e9d6f-a810-4218-8a4c-8dddb3cabfbe" src="https://e.infogram.com/js/dist/embed.js?7Jp" title="Bar Stacked Chart" type="text/javascript"></script><div style="padding:8px 0;font-family:Arial!important;font-size:13px!important;line-height:15px!important;text-align:center;border-top:1px solid #dadada;margin:0 30px"><a href="https://infogram.com/f23e9d6f-a810-4218-8a4c-8dddb3cabfbe" style="color:#989898!important;text-decoration:none!important;" target="_blank">Bar Stacked Chart</a><br><a href="https://infogram.com" style="color:#989898!important;text-decoration:none!important;" target="_blank">Infogram</a></div></div><p><br></p><div class="rm-embed embed-media"><script id="infogram_0_75942c33-961a-43ff-b97b-0fce9f009199" src="https://e.infogram.com/js/dist/embed.js?73i" title="Copy: Bar Stacked Chart" type="text/javascript"> </script><div style="padding:8px 0;font-family:Arial!important;font-size:13px!important;line-height:15px!important;text-align:center;border-top:1px solid #dadada;margin:0 30px">
<a href="https://infogram.com/75942c33-961a-43ff-b97b-0fce9f009199" style="color:#989898!important;text-decoration:none!important;" target="_blank">Copy: Bar Stacked Chart</a><br>
<a href="https://infogram.com" rel="nofollow" style="color:#989898!important;text-decoration:none!important;" target="_blank">Infogram</a>
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<em>Do you have a story that needs to be told? My DMs are open on Twitter </em><a href="https://twitter.com/latams" target="_blank"><em>@latams</em></a><em>. You can also email me at <a href="mailto:mailto:tami@dot.la" target="_self">tami(at)dot.la</a>, or ask for my contact on Signal, for more secure and private communications.</em>
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