Lynsi Torres, the 30-year-old owner and president of In-N-Out, has just been named by Bloomberg as the youngest female billionaire. Though preferring to maintain a low profile, Torres received some publicity after buying a $17.4 million, 16,000-square-foot mansion in the wealthy neighborhood of Bradbury, California.

Set to hit theaters in April, jOBS is the new biopic about Apple co-founder Steve Jobs, featuring Two and a Half Men star Ashton Kutcher. After premiering last week at the Sundance Film Festival, the movie has been receiving rave reviews. Kutcher recently spoke at the Macworld trade show, paying tribute to the former computer icon and calling him his ‘hero’.

Ben Affleck stole the show on Saturday night during the Directors Guild Awards (DGA) winning Outstanding Directorial Achievement in Feature Film and beating out renowned directors Steven Spielberg, Ang Lee, Kathryn Bigelow and Tom Hooper.

For three weeks leading up to the 85th Academy Awards ceremony in Hollywood on February 24, the Academy is sending an Oscar statuette on the road to meet movie fans in select cities, starting in New York and ending at the Dolby Theater in Los Angeles.

One of the most recognizable homes on Hillcrest Road in Beverly Hills reportedly belongs to the youngest son of the late King Fahd, Abdul Aziz bin Fahd. Commonly referred to as “the Pyramid House,” the five bedroom, ten bathroom estate may be getting a total makeover.

Native Albanian Fran Camaj catapulted into restaurant fame when he opened Abbot Kinney’s Gjelina, a celebrity favorite, in 2008. Now they restaurateur is in the process of opening up his second eatery on the same street in the former High D High boutique space.

Renowned singer and actress Barbra Streisand has been scheduled to perform at this year’s Oscars, which will take place on February 24. This will be the legend’s second Oscar performance, and her first appearance in 36 years.

Former restaurateur and hotelier Peter Morton just purchased the former Trousdale Estates mansion of Elvis and Priscilla Presley for $9.8 million, down from the home’s original list price of $12,995,000.

Self-described ‘electric social trattoria’ Aventine is the new haute restaurant in Hollywood. Serving rustic Italian fare from the kitchen of executive chef Adolfo Veronese, Aventine just soft-opened on N. Cahuenga Blvd. and we’re taking a look inside.