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Cyberattack Strikes Chinese Shipper Cosco

PYMNTS

The company revealed that a “local network breakdown” in the Americas had disrupted its email and telephone in the region. It shut connections with other regions as a safety precaution, but noted that business operations in Americas were still ongoing. The company was communicating with customers via social media.

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LA Tech Map: The Most Well-Funded Tech Startups By City In Greater LA

CB Insights

The LA region is home to two of the world’s highest valued private companies: Elon Musk’s SpaceX (valued north of $10B) and Jessica Alba’s The Honest Company (valued at $1.6B). Long Beach. Huntington Beach. The Honest Company, based in Santa Monica, has raised $222M. Marina del Rey. Studio City.