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Bitcoin Crops Up In Election Battle In Orange County

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An election battle in the 45th Congressional District--which encompasses much of Orange County--has erupted, with one of the candidates support for Bitcoin at the center of some election ads.

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Western Digital Sells Off ActiveScale

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Western Digital , the developer of memory and storage products which has significant operations in Orange County, has sold off its ActiveScale object storage business to Quantum Corporation , the two announced this morning. According to the companies, the deal was between Quantum Corporation and Western Digital Technologies, Inc.,

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Sharp Display Company, Flying Eagle Systems Move To LA Arts District

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The companies said the new location will help it to design, to develop and market 8K display products geared towards the home design, fashion, entertainment and technology market. Sharp and Flying Eagle cited the "strong ties to media, film and culture" in LA for the move from its prior base in Orange County, in Santa Ana.

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Report: Southern California Venture Capital Totals $464M In Q3

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For the quarter, San Diego County garnered the most venture capital, with $231.3M invested; Los Angeles had $169.7M, and Orange County $63.1M In Orange County, the biggest deals were for Irvine-based WaterHealth International , a developer of water purification products with $22.1M billion invested in the region.

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Accelerator Crazy In Southern California

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Similarly, the firm is using a Y-Combinator/TechStars model to startups, and covers Los Angeles, Orange County, and San Diego. The group's members include many member of the Tech Coast Angels, and has a goal of making Southern California, and particularly Orange County, a more vibrant environment for tech startups.

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Southern California Firms Raise $738M In Q4 2011

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In Southern California, San Diego County took the lead in investment totals, raising $262.1M Orange County--boosted in a large part by a funding for Fisker Automotive--racked up $242.45M in funding. The category of perennial interest in Southern California, Media and Entertainment, only saw $55.3M in venture funding.

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Entrepreneur of the Year LA Award Winners Announced

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Ernst & Young named its LA region Entrepreneur of The Year award winners last night at the Beverly Hilton, including a number of technology executives. and Robert Friedman, Co-Chairman & CEO, Summit Entertainment. and Robert Friedman, Co-Chairman & CEO, Summit Entertainment.