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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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A16z-backed Shein challenger Cider is growing rapidly

TechCrunch LA

Shein has shown the world how combining social media marketing, data analytics, and China’s well-oiled supply chain has created a $100 billion fast fashion behemoth. In the first half of 2022, it recorded 2 million downloads in the U.S., Its success naturally spawns imitators and challengers.

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VCs, celebrities, and athletes are writing a new LA story to bring women’s soccer to the city

TechCrunch LA

Now the two women are co-founders of Angel City, leading a gaggle of venture capital, sports, and celebrity investors, alongside Angel City co-founder and President Julie Uhrman, in bringing a National Women’s Soccer League team to Los Angeles by the Spring of 2022. “We’re venture capitalists.

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How the myth of the ‘girlboss’ harms emerging women in tech

TechCrunch LA

— Sophia Amoruso (@sophiaamoruso) June 1, 2022. It’s more of a mockery,” said Isa Watson , founder and CEO of social media app Squad. billion valuation to open up permanent retail stores in Seattle, Los Angeles and London, capitalizing on the dewy fairytale of its Manhattan flagship store.

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How long can Zuckerberg afford to bankroll the AR/VR market?

TechCrunch LA

— Lucas Matney (@lucasmtny) February 6, 2022. The double-digit drop actually came from Meta’s earnings report which investors feared would be indicative of a broader revenue slump across social media stocks. “ Crypto investment starts 2022 with a roar. Image Credits: TechCrunch. other things.

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Venture capitalists ‘like and subscribe’ to influencers

TechCrunch LA

Next she took to Instagram, a new social media platform that quickly became the most effective tool in a blogger’s toolkit. Los Angeles-based funds, in closer proximity to the entertainment industry, have been quicker to invest in the creator economy. With new followers — today her account, @weworewhat , has 2.2

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