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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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SpaceX to build its massive BFR in Los Angeles

TechCrunch LA

The mayor of Los Angeles confirmed earlier reports that SpaceX will build its largest rocket, the BFR, at the Port of Los Angeles. The company intends to build a manufacturing facility on an 18-acre site at Berth 240 and use waterways to transport the massive rocket. This announcement confirms those reports.

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Los Angeles-based Luxury Presence raised $5.4 million for its real estate marketing services

TechCrunch LA

Real estate is a big business in the sprawling city of Los Angeles, and new technology tools to target the industry continue to attract investor attention. Our focus was on how to make beautiful, functional and lead-generating sites that were easily customizable to fit the agent’s needs and demands, and we did just that.”.

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SpaceX Bails On Lease At Port Of Los Angeles, Again

socalTECH

Hawthorne-based SpaceX has bailed on a pending deal to lease space at the Port of Los Angeles, the second time it has done so in the last year. The withdrawal of SpaceX's lease comes after a massive scramble by the Los Angeles Board of Harbor Commissioners to approve a 10-year agreement with SpaceX in February.

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Verizon names Los Angeles as the second of four cities to receive 5G rollout before 2019

TechCrunch LA

My boss’ boss’ boss was on CNBC this morning touting Verizon ‘s new 5G services and naming Los Angeles as the second city in America to be treated to a commercial rollout of the new networking technology. McAdam also named Los Angeles as the second of four cities that will receive 5G rollout from Verizon.

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Uber Plans Flying Taxis In Los Angeles By 2020

socalTECH

On-demand ridesharing service Uber hopes to bring flying taxis to Los Angeles by 2020, the company said this morning, and has just signed a contract with the U.S. Uber has said it will operate the "ridesharing for the sky" service from special rooftop take-off-and-landing sites throughout Los Angeles.

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22 Los Angeles Startups You Need to Watch Out For

Tech.Co

Los Angeles, for one, is not only brimming with innovative ideas, it’s also home to a wide range of unique startups that are solving the problems of the world. This is evident from the fact that they are owned and run by EY’s Entrepreneur of the Year award finalists in the Greater Los Angeles area.