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Hackers claim ransomware attack on Los Angeles housing authority

TechCrunch LA

The Housing Authority of the City of Los Angeles, or HACLA, has confirmed it is investigating a cybersecurity incident shortly after the LockBit ransomware gang claimed responsibility for a cyberattack on the agency. LockBit’s claimed attack on HACLA marks the second major cyberattack on a Los Angeles city agency in recent months.

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8minute Solar Energy Wins City of Los Angeles

socalTECH

Los Angeles-based utility-scale solar power project developer 8minute Solar Energy says it is in a partnership with the Los Angeles Department of Water and Power (LADWP), to build a new, 4000MW solar energy plant near California City. The City of Los Angeles actually approved the project in September.

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Nanotech Energy Aims At Delivering To Battery Market By End Of 2022

socalTECH

Los Angeles-based startup, Nanotech Energy, is pitching customized, non-flammable Lithium-ion battery packs, saying it plans to deliver its products by Q4 of 2022. The company said it is developing graphene-based batteries and pouch cell battery packs, which it says can be used to power electric vehicles, bikes and scooters.

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Hyperloop Transportation Technologies Claims Commercial Travel By 2022

socalTECH

Los Angeles-based Hyperloop Transportation Technologies , one of a number of companies in the LA area working on Elon Musk's concept of a high-speed transportation system, says it thinks it will have its first, commercial travel systems open to the public by 2022. READ MORE>>.

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Los Angeles Approves Deal For Massive Solar, Battery Plant In Mojave

socalTECH

The City of Los Angeles has approved a massive, solar-and-battery in the Mojave Desert, which is expected to meet 6 to 7 percent of the city's electricity needs--including being able to supply power for four hours each night from a massive bank of batteries.

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Kim Kardashian becomes a private equity dealmaker in collab with ex-Carlyle partner

TechCrunch LA

Sammons plans to oversee the firm’s daily operations from Boston, where he lives, while SKKY’s second office will be in Kardashian’s hometown of Los Angeles. Neither Sammons nor Kardashian shared any details on the expected fund size they hope to raise.

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COSM Acquires C360

socalTECH

Los Angeles-base Cosm, which develops immersive media, said on Thursday that it has acquired C360, a developer of immersive video products based in Pittsburgh, PA. Cosm said it was the lead investor in an early 2022 round of investment in C360. Cosm said it was the lead investor in an early 2022 round of investment in C360.