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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. YuuZoo apparently was bidding against Lenovo and Legend Holdings for Relativity Media.

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Slacker Acquired By LiveXLive

socalTECH

LiveXLive said it will combine the content programming teams of both companies. LiveXLive is based in Beverly Hills, and is led by CEO Robert Ellin. In a related move, LiveXLive apparently also has acquired New York-based social media software developer SNAP Interactive. READ MORE>>.

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

socalTECH

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. If you type in flowers in Beverly Hills, you won''t see any organic results for the big businesses. READ MORE>>.

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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. Entrepreneurs love being around other entrepreneurs, and thats driving demand toward the beach," says Mr. In the end, he sold an $8 million home in the Hollywood Hills to the entrepreneur.