The University of California, Los Angeles received U.S. Food & Drug Administration approval Wednesday for a new novel coronavirus testing method that is faster and cheaper than most on the market, allowing for thousands of tests to be processed and their results returned in a day.

The test analyzes the genomic sequencing of samples to identify infected people — including those who are asymptomatic — by having them spit into a tube that then goes directly into a machine.

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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:

  • COVID: iFoster Helps Save Semester for Foster Youth, UCLA Projects Economy Will Take 3 Years to Recover
  • Media: Cameo CEO Talks Disrupting Entertainment Industry, Atom Tickets Optimistic About Movie Theaters' Future
  • Startups: 'Anti-Superficial' Dating App S'More Launches in L.A., Relativity Space Gains West Coast Launch Site
  • HelloOffice Bets on Returning to Offices with $20M Series A
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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:

  • Apple and Google partner to help track COVID-19
  • UCLA sees the U.S. economy dropping further amid COVID-19
  • L.A. County extends stay-at-home orders until May 15
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