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Hulu Names New CFO

socalTECH

Los Angeles-based streaming television site Hulu announced late Friday that it has named Elaine Paul as its new CFO. Paul replaces Tom Fuelling, who had been at Hulu since 2007. hulu executive video streaming content hollywood' Hulu said that Paul had been involved in Disney''s original investment in Hulu back in 2009.

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My Damn Channel Raises $4.4M

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Los Angeles-based My Damn Channel , an online site which features professionally produced, humorous and other video content, announced a $4.4M The firm last raised funding way back in 2007. Tags: mydamnchannel damn channel venture capital content video online professional hollywood. funding round today. READ MORE>>.

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60Frames Shuts Down

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Los Angeles-based 60Frames , an online entertainment studio developing professionally produced, online content, has reportedly shut down , according to The Hollywood Reporter. in funding in 2007, from Tudor Investment Corporation and the Pilot Group, and was apparently unable to raise a second round of financing.

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What Angel Investing & Florida Condos Have in Common

Both Sides of the Table

The dinner parties now are filled with self-righteous angel investors bragging about how many deals they are in on. Logic tells me the following: It is hard to make money angel investing. The best angels will do very well just at the best real estate investors did well in good times and bad. And now everybody is an angel.

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Sophoi Acquired By Oracle

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Los Angeles-based Sophoi , a developer of media IP mananagement software, has been acquired by Oracle, Oracle said Monday. Tags: sophoi oracle merger acquisition software content hollywood intellectual property. Financial terms of the buy were not disclosed. Sophoi filed for bankruptcy on September 1st.

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Report: ManiaTV Axes Staff

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Los Angeles-based ManiaTV has reportedly laid off 15 of the firm's 33 employees, according to a report in The Deal, as the firm prepares to sell the company. The firm moved here in 2007 from Denver. The firm moved here in 2007 from Denver. The Deal said Revision3 is rumored to be a possible buyer for the firm.

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Google Unveils Self-Driving Car Effort

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Search engine giant Google said over the weekend that the firm has been developing technology for self driving cars, driving automated cars across California, including Los Angeles and Santa Monica.

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