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Myspace Rolls Out New Mobile Site, iPhone App

socalTECH

Beverly Hills-based Myspace said today that it has launched a new mobile website and iPhone application. The firm--which is currently being revamped by CEO Michael Jones into a new, entertainment focused portal--said the updated site creates the "best experience for Myspace mobile web users". READ MORE>>.

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William Morris Invests in Mobile Development Firm

socalTECH

Beverly Hills-based talent agency and entertainment giant William Morris Endeavor looks to be busy with investments this week. The firm as backed a mobile application development company, Chaotic Moon Studios , as part of a strategic partnership. Financial terms of the investment were not disclosed. 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

In growing numbers, Silicon Valley executives—long based in tech strongholds like Santa Clara and Palo Alto—are buying homes in Los Angeles, as the lines between the technology and entertainment businesses grow blurrier. the entertainment industry. million for a 12,000-square-foot home in Holmby Hills in March.