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Veoh's Shapiro Named CTO Of MySpace Music

socalTECH

Shapiro will be based in Beverly Hills, and report to MySpace Music President Courtney Holt. Shapiro was founder and CEo of Veoh Networks until its bankruptcy filing in February. Shapiro had raised over $70M in funding for Veoh, until legal battles and the economy sunk the online video sharing site.

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Baroda Ventures Funds Fabulis

socalTECH

Beverly Hills-based Baroda Ventures , the venture capital firm of GeoCities founder David Bohnett , has invested in gay social networking site Fabulis. The deal was first reported by VentureBeat. Baroda Ventures Partner Peter Lee confirmed the investment in the New York company, which was worth $250,000.

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Hydra Hires New Executive

socalTECH

Beverly Hills-based Hydra , which operates a cost-per-action advertising network, reported Thursday that it has named Rachel Corcoran as the firm's Director of Compliance. Hydra runs performance-based advertising on Internet sites. 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

If youre buying a luxury home or just like looking at them, check out this live chat from reporter Lauren Schuker Blum and WSJ.com real estate editor Matthew Strozier. David Sacks, a corporate vice president at Microsoft, owns a Beverly Hills house where Quentin Tarantino filmed "Pulp Fiction.". Jacobson jokes. "We Footnotes*.