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Scott Budman

@scottbudman.bsky.social

2.2K followers 46 following 170 posts

Tech reporter for NBC News, drummer, Bruin.

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Scott Budman @scottbudman.bsky.social · Dec 6

#Update:
-X / Twitter had (according to NBC News) more than 115,000 account deactivations one day after the election.

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Scott Budman @scottbudman.bsky.social · 2d

#New: There are now no major metro areas in the US where buying a home is less expensive than renting a home.

Gap between monthly mortgage payments and rent payments:

San Francisco: 191%
San Jose: 186%
Seattle: 120%

Source: @InvestorsObserv

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Scott Budman @scottbudman.bsky.social · 5d

End of an era:

AOL has officially stopped its dial-up internet service.

Do you remember that sound?

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Scott Budman @scottbudman.bsky.social · 6d

#Breaking: Apple has removed the “Ice Block” app from its App Store.

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Scott Budman @scottbudman.bsky.social · 7d

#New: What it costs to rent in the Bay Area (avg 1BR):

San Francisco: $3,510
Mtn. View: $3,290
Redwood City: $3,130
Palo Alto: $3,090
Sunnyvale: $3,060
Santa Clara: $2,970
San Jose: $2,730
Walnut Creek: $2,560
Oakland: $1,990

Source: @Zumper

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Scott Budman @scottbudman.bsky.social · 13d

#New: Microsoft says it will no longer allow Israel’s military to have access to some of its Azure technology being used for surveillance in Gaza.

This comes after pressure from Microsoft employees and some investors.
$MSFT

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Scott Budman @scottbudman.bsky.social · 19d

#New: California has the highest unemployment rate among all states at 5.5%.

Job growth in the state has slowed to 3,800 jobs total for the month.

In 2024, the monthly average was 25,000 jobs gained.

Source: @BLS_gov

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Scott Budman @scottbudman.bsky.social · Sep 1

58%.
Shot tonight from Silicon Valley.

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Scott Budman @scottbudman.bsky.social · Aug 29

#Breaking: Most Trump tariffs ruled illegal by US Appeals Court.

Scott Budman @scottbudman.bsky.social · Aug 23

They described him to me as a “playful, friendly, neutered male.”

I mean …

Scott Budman @scottbudman.bsky.social · Aug 22

This weekend, help #cleartheshelters by adopting pets like “Scott Budman” from shelters (yes, you can choose a better name).

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Scott Budman @scottbudman.bsky.social · Aug 22

#Now: Anti-ICE protestors marching through Palo Alto to Palantir (sound up):

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Scott Budman @scottbudman.bsky.social · Aug 21

I cashed mine in so I could buy some $YZY

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Scott Budman @scottbudman.bsky.social · Aug 21

#BREAKING: Moment US citizen (Angie) released from ICE custody in San Francisco…

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Scott Budman @scottbudman.bsky.social · Aug 21

The San Francisco Giants’ payroll is close to 3 times that of the A’s.

The Giants have won 3 more games than the A’s so far this year.

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Scott Budman @scottbudman.bsky.social · Aug 20

In Silicon Valley, the average homeowner pays $139,596 a year in mortgage costs.

That’s $18,436 more than the average annual income.

-@zoocasa

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Scott Budman @scottbudman.bsky.social · Aug 19

If you live in Silicon Valley and make $112,000 a year, you’re now considered “low income.”

-@DCDHCD

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Scott Budman @scottbudman.bsky.social · Aug 12

#New: Top two cities where homes sold for the most above asking this year:

1. San Francisco: +16.1%
2. San Jose: +11.4%

*96% of US cities reported average home sale prices lower than original listing.
*Average US sale price $43,000 less than asking price.

-zillow

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Scott Budman @scottbudman.bsky.social · Aug 12

#New: Elon Musk is threatening to sue Apple because of how he thinks xAI is ranked in the App Store.

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Scott Budman @scottbudman.bsky.social · Aug 11

#Breaking: Tariffs on China delayed by President Trump for 90 days.

Scott Budman @scottbudman.bsky.social · Aug 7

#New: Getting asked a LOT about Instagram “Maps”
today:

To shut it off (and not get tracked):

1. Setting and Activity
2. Story, Live, and Location
3. Location Sharing
4. “No One”

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Scott Budman @scottbudman.bsky.social · Aug 6

#Update: Apple's stock market value went up close to $150 billion in the regular trading session, on news that Tim Cook was meeting with President Trump.

In after hours trading, as Cook mentioned Apple's commitment to AI, the stock gained another $100 billion.
$AAPL

Scott Budman @scottbudman.bsky.social · Aug 6

#New: Apple announces $100 billion plan to make iPhones and Watches with Corning Glass (made in America - but this was already happening), and other US partnerships - incl Applied Materials (based in Silicon Valley - this was also already happening).

*Not much new, but stocks up:
$AMAT $GLW $AAPL

Scott Budman @scottbudman.bsky.social · Aug 6

#Update: The annual income you need, according to @Redfin, to afford a median priced home in:

San Jose: $413,100
San Francisco: $393,443
Oakland: $244,073
Los Angeles: $234,619
San Diego: $227,612
Seattle: $219,498
New York: $213,245
Boston: $204,465

Scott Budman @scottbudman.bsky.social · Aug 4

#New: Study by AP/NORC says more people are worried about grocery prices than even housing prices or healthcare prices.

Is this you?

Are the concerns because we don't know what's coming price-wise because of tariffs?

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Scott Budman @scottbudman.bsky.social · Aug 1

#New: Miami jury decides Tesla should be held partly liable for a fatal 2019 Autopilot crash and must compensate the family of the deceased and an injured survivor damages of $329 million.

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