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Minecraft Creator Buys $70M Mansion in Beverly Hills

socalTECH

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. Persson recently sold Mojang, the company behind Minecraft, for $2.5 minecraft mansion beverly hills markus persson realestate real estate'

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Postmates is launching a new retail delivery feature as brick and mortar stores face 14% drop in sales

TechCrunch LA

Postmates is now rolling out what could be the biggest update to the company’s service in a long time — adding a retail option for users to shop local stores and for local merchants to set up a virtual on-demand storefront in the app. That could have an impact on retail sales that were already projected to be dismal.

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APX Platform Scores Seed Funding

socalTECH

Beverly Hills-based APX Platform, a developer of cloud-based software for the aesthetic industry, says it has raised what it calls an "oversubscribed seed round" for its company. Size of the seed funding was not announced. The startup is led by two co-CEOs, Izhak Musli and Terri Ross.

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RealD: Marvel Studios' Avengers: Endgame Biggest 3D Opening Of All Time

socalTECH

The opening of the Marvel Studio's Avenger: Endgame has set records as the biggest, 3D movie opening of all times, according to Beverly Hills-based 3D movie projection technology developer RealD. According to RealD, an estimated $540 million in ticket sales was generated by the 3D format.

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You Can Own Minecraft Founder Notch's Stuff (In Real Life)

socalTECH

Well, you can--if you are the winner of an auction of some of the contents of the $70 million house he moved into in Beverly Hills. The sale will go to raise funds for a number of nonprofits. The sale ends January 31st. The sale ends January 31st. READ MORE>>.

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One Kings Lane Snags Chief Technology Officer From Zappos

socalTECH

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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One Kings Lane Finds $112M More For Home Furnishings

socalTECH

The funding comes on top of an earlier $117M raised by the company in prior rounds. One Kings Lane offers up furniture and other household products through daily deals and members-only flash sales. The company''s LA offices are in Beverly Hills, next to the Beverly Wilshire. READ MORE>>.