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Infographic: Social Media Spurring E-Commerce Activity

socalTECH

A new study of social media activity and e-commerce, compiled from Los Angeles social tools developer Social Annex , shows that social media is--not surprisingly--playing a far bigger role in online shopping this year. The company highlighted some of its result in an infographic (reproduced below). READ MORE>>.

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Study Finds Tech is Number One Industry for Workplace Drinking

Tech.Co

The #MeToo movement has impacted drinking policies at major companies – most prominently, WeWork dropped its unlimited beer tap option last October following sexual assault allegations at WeWork events. Now, a new study has pulled tech drinking culture back into the spotlight. The bottom line: moderation is a must.

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Spireon: More Driving Leads To Upsurge In COVID-19 Cases

socalTECH

According to Spireon, its data shows that 10-14 days after recent spikes in driving activity, there have been corresponding upticks in the number of reported cases of COVID-19. Spireon said it used eight billion data points nationwide, studying driving activity of over three million vehicles tarting March 1st, for its study.

Study 113
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Study: Most Entrepreneurs Between 55-64

socalTECH

A new study released today by the Kauffman Foundation, reports that the highest rate of entrepreneurial activity belongs to people 55-64. The study --which attempts to characterize who might drive the next wave of entrepreneurial activity in the United States--also found that the average age of U.S.-born,

Study 113
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ARS Pharmaceuticals Snags $55M In Series D Funding

socalTECH

The company said it will use the funding to advance its product through approval, to support initial launch activities, and to evaluate it in clinical studies for additional indications. The funding was led by SR One, and also included RA Capital Management, an un-named US healthcare-focused fund, and Deerfield Management.

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ObEN Enables Personalized, AI Driven Medical Health Assistant

socalTECH

Pasadena-based ObEN , which develops avatar technology and software, is powering a new, personalized, AI-driven medical health assistance app, the company said this week, being developed by the MedStar Health Research Institute. The app uses "Tara", an intelligence avatar created using ObEN's technology. READ MORE>>.

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Lyft: $130M Generated For Los Angeles Economy In 2016

socalTECH

According to Lyft, a study conducted by the company by Land Econ Group finds that there was an increase in economic activity in Los Angeles due to its service, as a result of its rides. Lyft said the study also showed that passengers next year will save $88M in travel time value and over 7.5