scott budman

Covering Technology, Business, AI, Venture Capital and Housing for NBC, drummer, @UCLA Bruin.

[scott budman @scottbudman]

#New: Yearly salary now needed to buy a median home in:

San Jose: $458,503
San Francisco: $321,462
San Diego: $235,343
Los Angeles: $224,190
New York: $200,279
Boston: $190,858
Seattle: $188,158
Wash, DC: $161,522

Source: @HSHassociates

[scott budman @scottbudman]

Some early buyers of the new Apple iPhone Duo say they have cracks in the display.

It'd being called "Crackgate."

Anyone out there having this problem?

[scott budman @scottbudman]

Bay Area rent alert:

The Anthropic IPO is likely to create immense wealth in San Francisco and beyond.

Thousands of new millionaires.
$ANT

[scott budman @scottbudman]

And, we spoke to Billy Evans during the trial, but really had no idea about what was going on there.

He makes a pretty huge villain turn here.

One of many surprises in the doc.

Go see it.

[scott budman @scottbudman]

Going in ….
#YouCanSeeEverything

[scott budman @scottbudman]

Wow.
So the opening shot - thanks to a crib - has her behind bars!!

No more spoilers, but to say, she lied. Both to reporters (me included) who interviewed her at Theranos, and to investors.

We heard the phone calls during the trial. She lied.

That’s why she’s in prison.

[scott budman @scottbudman]

#New: Home prices in the last year:

US: Up 3.8%

San Francisco (already among the most expensive housing markets in the world): Up 14%.

Source: @Redfin

[scott budman @scottbudman]

It’s not surprising that the Elizabeth Holmes documentary is packing theaters.

During her trial, we reporters had to line up at 5am to get a seat in the courtroom.

The interest - and fascination - was that high.

[scott budman @scottbudman]

#New: Apple announces new “Smart Home” products:
Indoor and outdoor cameras, thermostats, temperature sensors, video doorbell and door lock.

Competing against Amazon Alexa, Google Next, etc.
$AAPL

[scott budman @scottbudman]

I’ve covered cybersecurity long enough to know this is a really bad idea…

[scott budman @scottbudman]

#New: Salary needed to live "comfortably" in:

Hawaii:
$129,002 (single person)
$313,165 (family of four)

Massachusetts:
$127,213 (single)
$329,555 (family)

California:
$126,797 (single)
$302,682 (family)

New York:
$124,342 (single)
$291,533 (family)

Source: @smartasset

[scott budman @scottbudman]

Lord. Having seen all this stuff come out during the Elizabeth Holmes trial, this is a wild trip down memory lane...
https://t.co/HXSNHiBvYf

[bo lau @bolau_]

i built a website where you can sit at elizabeth holmes’ desk

open her macbook, scroll her iphone, run the theranos edison machine

her texts, emails, slides, documents, and theranos machine records are real, sourced from exhibits in the united states v. holmes criminal trial

[scott budman @scottbudman]

#New: Latest Bay Area rent prices (med 1BR):

San Francisco: $4,400*
Mtn View: $3,630
Palo Alto: $3,490
Santa Clara: $3,230
Sunnyvale: $3,220
Redwood City: $3,210
San Jose: $2,890
Fremont: $2,700
Oakland: $2,100

*Up 25.4% in one year

Source: @Zumper

[scott budman @scottbudman]

An income of $100,000/yr gets you, on average, this square footage of apartment:

US average: 1,152 sq ft
New York: 801
Boston: 758
Los Angeles: 750
San Francisco: 729
San Diego: 726
San Jose: 650

Source: @zillow

[scott budman @scottbudman]

With the 30 year fixed rate mortgage hitting 7.57%, the typical monthly payment on a single family home in Silicon Valley (after putting 20% down) is as high as $14,000.

Per month.

-@mortgagenewsmnd

[scott budman @scottbudman]

#New: Most expensive 2BR apartments:

San Francisco: $6,340/month*
New York: $5,450
San Jose: $3,710
Boston: $3,530
Miami: $3,230

*Up 27% in one year.

Source: @Zumper

[Steve Wozniak @stevewoz]

It’s been 50 years since I built the Apple I. We’re
sharing a little of that history to help Inspiring
Children Foundation, a cause Janet and I care about
very much. This collection is limited to 3,000
garments.

https://t.co/1rFkJizG3L

[scott budman @scottbudman]

Crazy stat:
With the wealth expected to be created by the OpenAI IPO, employees could buy:

-Close to 20% of all the homes in San Francisco.
-Close to 15% of all the homes in San Jose.
-Close to 15% of all the homes in Oakland.

The Anthropic IPO?
-About 9% of SF homes

-@Redfin

[scott budman @scottbudman]

It's true. There was a technical glitch today, which Apple eliminated by recording the events.
https://t.co/XrB7vkvsMV

[alex 🏴‍☠️🇺🇸🇺🇦 @alex]

openai dev day feels like apple events used 2 feel

[scott budman @scottbudman]

#New: Latest rent prices (median 1BR):

New York: $4,580
San Francisco: $4,400*
Boston: $3,000
San Jose: $2,890
Miami: $2,500
Arlington VA: $2,380
Honolulu: $2,380
Los Angeles: $2,300
Wash, DC: $2,240

*All time high. Up 25% in one year.

Source: @Zumper

[scott budman @scottbudman]

Check it out: Video of police arresting thieves who stole two trailer trucks, branded with Nvidia and PlusAI.

The thieves thought they were getting expensive computer chips, but the autonomous trucks were on a test run .. filled with 40,000 pounds of sand.
(Video: PlusAI).