Leslie Ignacio

At the start of the COVID-19 pandemic, gyms across the country were forced to close without knowing when they would reopen. Presence Fit is hoping to fill that void by launching their application to create interactive remote workouts.

Presence Fit has trainers working in two-way live high intensity interval training classes which uses your smartphone's camera and audio. No need for any other equipment.

The Los Angeles-based company had a soft launch in June, but today announced it has raised $1 million in seed funding and will soon be expanding. The raise is backed by angel investor Michael Stoppelman and Tom Masonry, among others.

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What began as a project to preserve the experiences of Holocaust survivors is now expanding to include a range of historical figures, and everyday heroes.

StoryFile announced last week it raised $2 million in funding, and expects to receive more in the coming months.

The Los Angeles based company developed from CEO and founder Heather Maio-Smith's desire, in 2009, to have a conversation with a Holocaust survivor. With her background in design for immersive experiences she knew she could figure out the technology to make it happen.

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Disney is laying off 28,000 workers at its U.S. theme parks after the pandemic devastated Walt Disney World and kept Anaheim's Disneyland Resort shuttered for six months.

Disney Parks Chairman Josh D'Amaro said Tuesday that 67% of those being laid off from both Disney World and Disneyland are part-time employees.

"As difficult as this decision is today, we believe that the steps we are taking will enable us to emerge a more effective and efficient operation when we return to normal," said D'Amaro in a statement.

Disney World was able to open with a limited capacity in July, but Disneyland has been closed since March. D'Amaro took a jab at Gov. Gavin Newsom suggesting that his hand was forced by California's "unwillingness" to allow for the park to open.

On Tuesday, 19 state legislators pleaded with Newsom following calls from Anaheim's mayor to reopen the Disneyland and theme parks throughout California. They argued that parks can reopen safely but they are left in the dark as to which steps need to be followed for reopening.

The announcing statement also added that they are speaking to unions in order to know what steps are next for union-represented cast members.

Disney's third quarter earnings showed an 85% drop in revenues to $2 billion from the company's parks, experiences and products division compared to the same period last year.

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