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Oracle Founder Larry Ellison's Latest Investment: Malibu Real Estate

socalTECH

In the latest Silicon-Valley-tech-mogul-buys-into-SoCal story, it looks like Oracle founder Larry Ellison has been making some big investments in Southern California--in the real estate area. The LA Times said this weekend that Ellison has spent an estimated $200M to $250M acquiring at least nine properties in Malibu. READ MORE>>.

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Amazon's Bezos Spends $165M For Beverly Hills Mansion

socalTECH

Other tech notables with homes in Beverly Hills include Elon Musk (Tesla, SpaceX) and Markus Persson (Minecraft); over in Malibu, tech mogul Larry Ellison owns a significant amount of property , having apparently invested over $250M in properties in Malibu since 2002. READ MORE>>.

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Q3 Venture Investments For SoCal Total Around $1.0 Billion

socalTECH

billion in investments, according to the Q3 analysis of venture capital deals by socalTECH.com. According to an analysis of socalTECH's proprietary database of venture capital deals, venture investors invested slightly more than the $966M in Q3 of 2009, but less than the $1.6 billion invested in Q2.

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MalibuIQ, HRL Team On Commercialization Effort

socalTECH

Malibu-based MalibuIQ and HRL Laboratories , the former research and development arm of Hughes Aircraft which was previously known as Hughes Research Laboratories, said Tuesday that they have tied together to commercialize inventions and IP from HRL. Size of the investment was not disclosed. Plant, and General Motors Holdings LLC.

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Elon Musk Settles In With New, Bel-Air Mansion

socalTECH

Other tech moguls with homes here include Larry Ellison ( purchased a Malibu estate for $34.9M in September, but has no companies here), and Cameron and Tyler Winklevoss ($18M home bought in August , with plans to invest here). READ MORE>>.

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JAKKS Pacific, NantWorks In Toy Joint Venture

socalTECH

Los Angeles-based NantWorks , the technology incubation and investment firm run by billionaire Patrick Soon-Shiong, and Malibu-based toy firm JAKKS Pacific announced this morning that the two are in a join venture to create anew company, DreamPlay Toys.

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Down bad

TechCrunch LA

million in pre-seed investment from investors including Liberty City Ventures, Digital Currency Group and Coinbase Ventures. Creator-focused web3 sitebuilder Tellie nabbed $10 million in Series A funding from investors including Malibu Point Capital, Galaxy Digital and Dapper Labs.