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Slacker Acquired By LiveXLive

socalTECH

Financial terms of the acquisition were not announced, however, an SEC filing indicates the deal was worth around $50M, split between $44M in cash and $6M in stock. LiveXLive is based in Beverly Hills, and is led by CEO Robert Ellin. LiveXLive is a live music streaming service. READ MORE>>.

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Relativity Media Sells Stake To Singaporean Social Networking Company YuuZoo

socalTECH

Beverly Hills-based movie studio Relativity Media --which is behind such titles as Limitless, Masterminds, and Immortals--scored a big investment from Singaporean Internet company YuuZoo , the two companies said this morning. The two said that YuuZoo will initially buy 33.3 The two said that YuuZoo will initially buy 33.3

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BloomNation's Goal To Empower Your Local Florist, And Improve Flower Delivery

socalTECH

Farbod Shoraka: My background is actually in mergers and acquisition advisory. The florist business center we launched recently empowers florists, with tools to run email marketing campaigns, reach out through social media, and even gives them a point of sale system and website builder. It''s sort of an Etsy for flowers.

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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

There is a feeling that techies are the new celebrities," says Eric Kuhn, an agent who heads the social-media department at United Talent Agency. David Sacks, a corporate vice president at Microsoft, owns a Beverly Hills house where Quentin Tarantino filmed "Pulp Fiction.". areas are growing at a faster rate.