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

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

TechCrunch LA

That could have an impact on retail sales that were already projected to be dismal. decline in total US retail sales this year, and a 14.0% drop in brick-and-mortar sales… even before the second wave of the pandemic began surging in the U.S. decline in total US retail sales this year, and a 14.0% earlier this month.

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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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Kairos Venture Partners Raising New, $250M Fund

socalTECH

Beverly Hills-based Kairos Venture Partners , which is led by General Manager James Demetriades, is looking to raise $250M in its third fund, Kairos Venture Partners III, L.P. According to the filing, the fund has yet to make its first sale in the new fund. according to a regulatory filing by the firm.

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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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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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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. The firm just announced $112M in funding.