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Elon Musk Tops Tech Billionaires In Southern California

socalTECH

Forbes Magazine has released a list of the top technology billionaires in the world , with six Southern California technology moguls listed. Topping the list at #15 was Elon Musk , who splits his time between Los Angeles and Silicon Valley, with a net worth of $13.9 billion in net worth. billion each.

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Software Development Companies in Southern California

SoCal CTO

In a recent conversation with a fellow CTO, we lamented about the fact that while there's very active software development and web development going on in Southern California and West Los Angeles, yet there didn't seem to be as much of a community around it. Yes, there are some events around particular technologies.

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Southern California Leads In Green Businesses, Says Report

socalTECH

A new report released today by Next 10 , a nonprofit, nonpartisan public policy group, says that Southern California--and California, as a whole--leads the green innovation, cleantech venture capital, and energy market. The report was compiled by research firm Colaborative Economics.

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Southern California Tech Billionaires Rank On List

socalTECH

Forbes has released its latest list of the world's top billionaires, showing that technology continues to build substantial fortunes in the world. billion in net worth. Others include Orange COunty's David Sun and John Tu , who made their fortune from memory maker Kingston Technology, were both ranked number 440 with $2.6

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Former CEO Of Startup Pleads Guilty To Defrauding Tech Bank

socalTECH

The former CEO of a Southern California communications services company has plead guilty to charges that he fraudulently obtained $5 million in bank loans from one of Southern California's big startup and technology banks. According to the U.S. Lewis was the CEO of Blue Wave Media.

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Cal Net's OktoberTEK 2016

SoCal Tech Calendar

Wednesday, October 26, 2016 -- Cal Net's OktoberTEK 2016. Cal Net Technology Group's annual OktoberTEK event is our largest event of the year. This year’s event will be a business seminar and technology expo rolled into one. See www.oktobertek.com.

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Will Facebook's IPO Unbottle Southern California's Pipeline?

socalTECH

The firm reported net income of $1 billion on revenues of $3.7 Facebook filed for its IPO Wednesday afternoon, saying that it is looking to raise up to $5 billion, in what is expected to be the biggest IPO since Google. billion in 2011 in its S-1, which is being underwritten by Morgan Stanley, J.P. Morgan, Goldman Sachs & Co.,