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Minecraft Creator Buys $70M Mansion in Beverly Hills

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In the latest, technology-driven real estate deal in Los Angeles, the creator of Minecraft --Markus "Notch" Persson--has spent $70M for a giant mansion in Beverly Hills. minecraft mansion beverly hills markus persson realestate real estate' Persson recently sold Mojang, the company behind Minecraft, for $2.5

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One Kings Lane Snags Chief Technology Officer From Zappos

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One Kings Lane , the online, home furnishings flash sales site which splits its operations between San Francisco, Los Angeles, and New York, said today that it has snagged former Zappos.com CTO Arun Rajan as its new Chief Technology Officer. Rajan will be at the company''s San Francisco offices. READ MORE>>.

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Zillow CEO Buys House In LA

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Spencer Rascoff , the CEO of real estate site Zillow , is heading to Los Angeles, after buying a $20M mansion in Brentwood. According to a note sent to employees in May, Rascoff will split his time between Seattle and Los Angeles. Rascoff has talked about growing up in Beverly Hills. hours in traffic for Rascoff via car.

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LA's Technology, VC, and Entertainment Industry Meet Royalty

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The Los Angeles technology industry appears to have landed as the first stop of Prince William and new bride Catherine in Los Angeles today, as the two are scheduled to present at the Variety Venture Capital and New Media Summit in Beverly Hills.

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Goodbye, Geocities: Final Sunset As Japanese Site Closes

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Geocities , the original Southern California internet startup--which was founded all the way back in 1994 in Los Angeles--will finally disappear completely from the Internet, as Yahoo said today that it will shut down its Japanese Geocities site. Geocities was one of the first Internet IPOs out of Los Angeles, and sold to Yahoo for $4.5

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Aviron Capital Acquires Stake In Kino Industries

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Beverly Hills-based Aviron Capital , a consortium of financiers with primary backing from by private equity investor BlackRock, said this morning that it has acquired a "substantial equity stake" in Kino Industries , the developer of an interactive movie technology called CtrlMovie. READ MORE>>.

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LA's Technology, VC, and Entertainment Industry Meets Royalty

socalTECH

The Los Angeles technology industry appears to have landed as the first stop of Prince William and new bride Catherine in Los Angeles today, as the two are scheduled to present at the Variety Venture Capital and New Media Summit in Beverly Hills. READ MORE>>.