From Snapchat to Mint Mobile, and More! | Tech News

Stay on the pulse of what’s happening in the world of technology and media. From Snapchat to Mint Mobile, and more we have you covered with this week’s news. Check out the top headlines of the week below!

Snapchat to Introduce Feature Allowing Message Editing Post-Sending

 

Snap is introducing several enhancements to Snapchat, including a feature that allows users to edit messages within five minutes of sending them, provided they haven’t been opened, initially available only to Snapchat Plus subscribers. The update also brings emoji reactions, map reactions, and AI-powered reminders, which leverage Snap’s OpenAI-based My AI chatbot to set countdowns for important deadlines. Additionally, users can enjoy new customization options like AI-generated clothing for Bitmojis and AI Lenses for creating retro-style Polaroid images. Emoji reactions to messages and location-based reactions for shared spots are also new, although users are cautioned against using this feature while driving. These new features are available now, with editable messages for Plus subscribers slated to arrive soon.

T-Mobile Acquires Mint Mobile

T-Mobile has finalized its acquisition of Mint Mobile, which was previously part-owned by Ryan Reynolds. Under the deal, Mint Mobile customers can continue enjoying the $15 per month/5GB data plan and gain access to T-Mobile’s perks, including scam call screening and free Canada roaming with unlimited talk, text, and 3GB of data. The acquisition, valued at up to $1.35 billion, also includes Ka’ena Corporation, parent of Mint Mobile, along with Ultra Mobile and Plum. Ultra Mobile customers will also benefit from enhanced data roaming in Mexico. Approved by the FCC last month, the acquisition sees Mint founders joining T-Mobile, with Reynolds remaining as Mint’s ambassador, helping T-Mobile re-enter the prepaid phone market after its divestiture from Boost Mobile.

WhatsApp Introduces Event Planning Feature

WhatsApp is launching a new feature that simplifies event planning within group messages. The feature is ideal for organizing both virtual and in-person gatherings for friends, schools, and local communities. This feature allows group members to create events for occasions such as birthday parties and work meetings. Events are pinned to the group’s information page and have a dedicated chat thread for RSVPs and discussions. Additionally, WhatsApp is enhancing “Announcement Groups” with the capability for members to reply, providing feedback while keeping the chat muted to avoid excessive notifications. Initially available in WhatsApp Communities, this feature will expand to all groups in the near future, leveraging WhatsApp’s capabilities like 32-person video calls to enhance group interaction.

Audible Introduces Book Recommendations Based on Streaming History

Audible is introducing a new feature for recommending audiobooks. The update will be recommended based on your Prime Video watching habits. Likewise, this is currently being tested with half of the users who have both Audible and Amazon Prime memberships. This new section suggests audiobooks related to your viewing choices, such as “Dune,” “Project Hail Mary,” and “Fourth Wing.” The initiative follows observations of increased audiobook listening aligned with Prime Video releases. Examples include an 80% rise in listening minutes for Lee Child’s books coinciding with the “Reacher” series premiere. This integration also extends to a partnership between Audible and Amazon MGM. This would lead to developing TV series from Audible’s audiobooks and podcasts. Of course, the move capitalizes on the natural overlap between TV, movies, and books.

Roku to Introduce Video Ads on Homescreen

Streaming app Roku is strategizing to enhance its advertising revenue by introducing video ads on users’ home screens. Roku plans to incorporate video ads into a section called the “Marquee” on the home screen. Of course this being, where static ads currently reside. This placement suggests the ads will not be full-screen, potentially less disruptive than some other platforms’ approaches. Wood also mentioned ongoing tests for various video ad formats and more innovative advertising strategies on the home screen. Additionally, Roku has introduced an “AI-driven” personalized content row to the home screen, further tailoring user experience. 

Weekend Events | May 3 – May 5

Join the fun happening all around town! From festivals to art exhibits and more, we have you covered. Check out our weekend events taking place from May 3 through May 5. 

Los Angeles Weekend Events | May 3 – May 5 

Netflix is a Joke Fest

When: May 2 – May 12

Where: Various Locations

What: Netflix’s comedy specials are a staple for home entertainment, but their grand comedy festival, Netflix is a Joke: The Festival, is seriously impressive. Originally set for 2020, the festival finally launched in 2022, featuring an incredible 295 shows across a week in Los Angeles. Returning from May 1 to 12, 2024, the festival is expanding even further, boasting over 500 shows at 36 different venues. The lineup includes comedy giants like Ali Wong, Jerry Seinfeld, Jim Gaffigan, Chris Rock, and Taylor Tomlinson, among hundreds more. To make your choice easier, we’ve picked out 10 of the most unique acts.

First Fridays at the Natural History Museum

When: Until June 7

Where: Natural History Museum | USC/Exposition Park

What: Escape the usual First Friday crowd for a unique experience at the Natural History Museum, where dinosaurs meet DJs. From February through June, on the first Friday of each month, enjoy a KCRW-sponsored night of music, museum tours, and scientist-led talks, suitable for all ages. Each event features a fresh lineup of musical acts and DJs, making for a memorable evening at the museum.

ED RUSCHA / NOW THEN

When: April 7 – October 6, 2024 

Where: Miracle Mile

What: This comprehensive retrospective of Ed Ruscha showcases his detailed photographs of Los Angeles streets alongside a recreated Chocolate Room. The unique installation is composed entirely of layered chocolate sheets.

 

Westside and Beach Communities Weekend Events | May 3 – May 5  

BeachLife Festival

When: May 3 – May 5

Where: Redondo Beach

What: This surf-inspired music festival is set to captivate the Redondo Beach coastline for three days in May. This year’s lineup features an impressive roster of artists including Sting, Incubus, My Morning Jacket, Dirty Heads, Seal, Devo, Local Natives, Santigold, Fleet Foxes, Courtney Barnett, and Trey Anastasio.

Wild Things Are Happening: The Art of Maurice Sendak

When: April 18 – September 1, 2024 

Where: Westside

What: Celebrate the legendary Maurice Sendak at the Skirball Cultural Center, where over 150 sketches, storyboards, and paintings from the creator of “Where the Wild Things Are” will be on display. Let the wild rumpus begin!

CicLAvia: Venice Blvd

When: April 21 – December 8, 2024 

Where: Venice

What: Cycle through Palms, Mar Vista, and Venice at this Westside bike event, which features a car-free 5.75-mile stretch along Venice Boulevard.

San Fernando Valley Weekend Events | May 3 – May 5 

9th Annual Hey, Milestone’s Great Big Family Play Day

When: May 4 

Where: The Autry at Griffith Park

What: Great Big Family Play Day is often referred to as the Coachella for families. This two-day event features live entertainment on two stages, a plethora of interactive activities, and exhibits for children of all ages, along with samples, swag, giveaways, and endless family fun!

Paint N Sip | Brunch, Cocktails, & Live Music

When: April 13 – May 4 

Where: 555 Universal Hollywood Dr

What: Spring into creativity with the Paint N Sip outdoor event at FIVE on the Hill! Participants can look forward to a day filled with painting, sipping cocktails, indulging in a delicious brunch, and enjoying live music. This event offers a perfect opportunity to relax and unleash creativity on a Saturday or Sunday morning.

Filipino California: Art and the Filipino Diaspora

When: April 20 – September 8  

Where: Glendale 

What: Explore the works of seven contemporary artists—Eliseo Art Silva, Allison Hueman, Anthony Francisco, Maryrose Cobarrubias Mendoza, Christine Morla, Maria Villote, and Junn Roca—at the Forest Lawn Museum. Their pieces delve into Filipino culture and the Filipino-American experience.

Conejo Valley Weekend Events  | May 3 – May 5 

Santa Barbara Fair & Expo

When: May 3, 4pm – 10pm

Where: Earl Warren Showgrounds, Santa Barbara, CA (map)

What: The Annual Santa Barbara Fair and Expo is scheduled for April 25-28 and May 3-5. This vibrant event includes over 30 carnival rides and attractions, pony rides, a petting zoo, and a children’s carnival. Attendees can enjoy a wide range of live entertainment such as music, dance, magic, and illusion shows. The expo will showcase local foods, wines, and beers, along with arts and crafts, horticulture, and fine arts displays. Additionally, the Fair & Expo Cooking Contest will offer free samples of featured desserts, appetizers, and other foods, complemented by various interactive exhibits.

Simi Valley Street Fair

When: May 4, 9am – 4pm

Where: Simi Town Center Way | Simi Valley, CA

What: The Simi Valley Street Fair is set for Saturday, May 4, 2024, from 9 a.m. to 4 p.m. on Simi Town Center Way. The event will feature a variety of vendors, live entertainment, a beer and wine garden, a city expo, and a free kids’ fun zone, among other attractions. Admission is free. For more details, visit simivalleystreetfair.com.

47th Annual Thousand Oaks Chili Cook-Off, Car Show & Craft Brew Fest

When: May 5, 12pm – 5pm

Where: Conejo Creek North Park

What: Save the date for the 47th Annual Thousand Oaks Chili Cook-Off, Car Show & Craft Brew Festival on Sunday, May 5, 2024. This family-friendly event runs from noon to 5 p.m., with early entry at 11:00 a.m. for VIP ticket holders. Join us at Conejo Creek Park North, located at Janss Rd & Hwy 23 in Thousand Oaks, for an afternoon of fun and flavors.

Top Donut Spots In Town | L.A. Eats

Los Angeles boasts a vibrant donut scene, with a mix of longstanding family businesses and creative new spots. Whether you crave classic glazed, vegan options, or innovative flavors like custard-filled or taro-based, these 16 shops offer remarkable variety. Explore the city’s top donut destinations, from the iconic Holey Grail Donuts in Larchmont to the inventive Mochinut in Melrose.

1. Holey Grail Donuts

Location: 148 N Larchmont Blvd, Los Angeles, CA 90004
Founded in Kauai from a small trailer, Holey Grail Donuts is now a bustling business in Los Angeles, with backing from Tony Hawk. Enjoy chewy taro-based donuts at their Larchmont and Santa Monica locations. Follow their Instagram for updates on special pop-ups and events.

2. The Donut Man

Location: 915 E Rte 66, Glendora, CA 91740
Since 1972, The Donut Man has been a Glendora staple, famous for its strawberry and peach stuffed donuts. Operating 24 hours a day, these messy treats are a local favorite.

3. Flour Premium Doughnut

Location: 833 S Western Ave #38, Los Angeles, CA 90005
Nestled in Koreatown’s Rodeo Galleria Shopping Center, Flour Premium Donut crafts less sweet, visually appealing donuts with a pillowy consistency. Try the milk cream variety, which sells out fast. Convenient parking is available for LA visitors.

4. Mochinut

Location: 7217 Melrose Ave, Los Angeles, CA 90046
Mochinut offers a unique blend of traditional donuts and mochi, creating a spectacular result. Known for Korean rice flour hot dogs, bubble tea, and soft serve, this spot has multiple locations across Southern California.

5. Blinkie’s Donuts

Location: 4884 Topanga Canyon Blvd, Woodland Hills, CA 91364
Since 2004, Blinkie’s has delighted SoCal with classic and innovative treats like frosted mango with Tajín. Don’t miss their Crinkies, a nod to the Cronut craze.

6. Memorylook Coffee

Location: 2881 W Olympic Blvd, Los Angeles, CA 90006
Famous for its cappuccinos and tea lattes, Memorylook Coffee also offers freshly made donuts in flavors like strawberry cream and matcha brulee, complete with fluffy cream cheese filling.

7. Sweet Retreat Donuts

Location: 924 CA-1, Long Beach, CA 90806
Catering to dairy-free diets, Sweet Retreat offers both vegan yeast and cake donuts. Their experimental flavors and decorations make it a place worth revisiting.

8. Colorado Donuts

Location: 1578 Colorado Blvd #14, Eagle Rock, CA 90041
Colorado Donuts is a destination for traditional and creatively decorated donuts, like those featuring movie characters or stuffed with Twix bars. The store’s recent colorful makeover adds to its appeal.

9. DK’s Donuts & Bakery

Location: 1614 Santa Monica Blvd, Santa Monica, CA 90404
Open since 1980 by Khmer refugees, DK’s Donuts & Bakery is now known for its unique flavors and visually stunning creations, thanks to the innovation of younger family members.

10. Big Jim’s Donuts

Location: 2401 Whittier Blvd, Los Angeles, CA 90023
Big Jim’s Donuts has built a loyal following over the years with its traditional donuts and 24-hour service. Located across from Pioneer Chicken, it’s a convenient spot for sweet and savory treats.

11. Amigos Donuts

Location: 6418 Santa Fe Ave, Huntington Park, CA 90255
A family favorite for generations, Amigos Donuts is known for its friendly service and creative offerings during holidays and special events.

12. Dad’s Donuts & Dogs

Location: 2501 W Victory Blvd (at Buena Vista St), Burbank, CA 91505
Visit Dad’s Donuts & Bakery for a dazzling array of donuts, including cake, glazed, twists, and the standout buttermilk, available daily until 9 p.m.

13. Moon Donuts

Location: 1000 Torrance Blvd, Redondo Beach, CA 90277
Known for its custard-filled donuts, Moon Donuts in South Bay has a dedicated following. Arrive early to grab these popular treats before they sell out.

14. Tastees Donut & Burger

Location: 619 N Fair Oaks Ave (Peoria St.), Pasadena, CA 91103
Tastees Donut & Burger captures the essence of Southern California with its friendly service and a menu that includes both burgers and donuts, like the sought-after apple fritter and jalapeño croissant.

15. Primo’s Donuts

Location: 2918 Sawtelle Blvd, Los Angeles, CA 90064
For over 68 years, Primo’s Donuts has served generations of donut lovers. Don’t miss their specialty buttermilk bar.

Economic Update | Month Ending April 30, 2024

Interest rates rose to their highest levels since last November in April because inflation readings have risen since the beginning of the year. April key economic news included: Employers added 303,000 new jobs in March, well above the 200,000 economists expected. The Consumer Price Index (CPI) in March showed that consumer prices rose 3.5% year-over-year, up from 3.2% in February and 3.1% in January. Core Personal Consumption Expenditures index (PCE) grew by 3.7% in the first quarter of 2024 compared to the first quarter of 2023, yet Core PCE was just 2.7% higher in March compared to last March. Retail sales also came in much higher than expected. In negative economic news, the initial estimate for the first quarter of U.S. GDP showed that the economy grew at just a 1.6% pace, its slowest growth in two years and significantly off economists’ expectations of a 2.5% increase. With inflation heating back up and new jobs created at almost double the number expected, hopes of a Fed rate reduction soon have all but ended.

Stock Markets – The Dow Jones Industrial Average closed the month at 37,815.92 down 5% from 39,807.37 on March 31, 2023. It is up 0.3% year-to-date. The S&P 500 closed the month at 5,035.69, down 4.2% from 5,254.35 last month. It is up 5.6% year-to-date. The NASDAQ closed the month at 15,657.82, down 4.4% from 16,379.46 last month. It is up 4.4% year-to-date.

U.S. Treasury bond yields – The 10-year treasury bond closed the month yielding 4.69%, up from 4.20% last month. The 30-year treasury bond yield ended the month at 4.79%, up from 4.35% last month. We watch bond yields because mortgage rates often follow treasury bond yields.

Mortgage rates – Every Thursday Freddie Mac publishes interest rates based on a survey of mortgage lenders throughout the week. The Freddie Mac Primary Mortgage Survey reported that mortgage rates for the most popular loan products as of April 25, 2024, were as follows: The 30-year fixed mortgage rate was 7.17%, up from 6.79% at the end of March. The 15-year fixed was 6.44%, up from 6.11% last month.

The graph below shows the trajectory of mortgage rates over the past year.

Freddie Mac was chartered by Congress in 1970 to keep money flowing to mortgage lenders in support of homeownership and rental housing. Their mandate is to provide liquidity, stability, and affordability to the U.S.

Home sales data is released on the third week of the month for the previous month by the National Association of Realtors and the California Association of Realtors. These are March’s home sales figures.

U.S. existing-home sales – The National Association of Realtors reported that existing-home sales totaled 4.19 million units on a seasonally adjusted annualized rate in March, down 3.7% from an annualized rate of 4.35 million in March 2023. The median price for a home in the U.S. in March was, up 5.7% from last March. There was a 3.2-month supply of homes for sale in March, up from a 2.7-month supply one year ago. First-time buyers accounted for 32% of all sales. Investors and second-home purchases accounted for 15% of all sales. All cash purchases accounted for 28% of all sales. Foreclosures and short sales accounted for 2% of all sales.

Year-over-year California home prices jumped almost 8% in March. – The California Association of Realtors reported that existing home sales totaled 267,470 in March, down 7.8% from 290,470 closed sales in February, and down 4.4% from a revised 279,700 homes sold on an annualized basis last March. There was a 2.6-month supply of homes on the market in March, down from a 3-month month supply of homes in February and down from a 2.1-month supply one year ago. The statewide median price paid for a home in March was $854,490 up 7.9% from a revised median price of $793,260 last March.

The graph below shows home sales figures by county in Southern California.

 

The Best Scenic Drives to Check Out | Out & About

If you’re looking for a leisurely way to spend some free time, Los Angeles is surrounded by picturesque driving routes. Perfect for locals and visitors of all ages, these are our recommendations for the top scenic drives around Southern California.

Griffith Park

Locals are familiar with Griffith Park but we often forget how ideal it is for scenic drives. The 3.5-mile route through Griffith Park takes just 15 minutes to cruise through. Drive past elegant homes on Vermont Avenue and glimpse the Greek Theater. Soak up the stretching city vistas before driving back down the hill. You’ll get quite the stunning view of the park on the tree-lined Fern Dell as you exit.

Mulholland Drive

Winding through the Santa Monica Mountains, the pretty 15-mile-long route along the famous Mulholland Drive provides exquisite views of the city, iconic Hollywood sign, and surrounding mountain landscapes. It’s easy to see why several famous people have chosen to live here, both today and in times gone by, as you ogle expensive real estate. Reminisce over songs, films and books that feature the beautiful road. You can park up and take an energetic walk through San Vicente Mountain Park or Runyan Canyon.

Angeles Crest Highway

Cruise along the Angeles Crest Highway to Mt. Wilson, passing steep inclines and dense trees. As you climb higher you might even find yourself driving above the clouds! Be wowed by the views of the San Gabriel Mountains and pause for an alfresco lunch at the Red Box Picnic Area. Plan to spend at least an hour, depending on your speed and stopping times, enjoying this scenic SoCal drive. Popular with motorbikes and car drivers alike, it’s often said to be one of the most stunning drives around LA.

Palos Verdes to San Pedro

Follow Palos Verdes Dr S around the coast from Palos Verdes Estates to San Pedro, taking time to appreciate the impressive dwellings before you reach a wealth of magnificent natural wonders. As you drive around the peninsula and past the dramatic cliffs, consider making a stop at Pointe Vicente Lighthouse to try to spot whales swimming through the waters below. The scenic drive passes rolling golf courses and sandy beaches too, before providing a contrast in landscapes as you enter the residential and industrial outskirts of San Pedro. Before heading home, why not take a stroll through Angel’s Gate Park, home of the Korean Friendship Bell, or visit the imposing USS Iowa? The route covers around 14 miles.

Santa Monica to Malibu

Enjoy the sandy beaches and pier-based attractions of Santa Monica before driving north along the coast toward Malibu. You’ll pass close to the impressive Getty Villa before skirting along the edges of the nature-filled Tuna Canyon Park. Likewise, you’ll enjoy splendid ocean vistas in the opposite direction. There are plenty of dazzling photo stops along the 20-mile-long route, and you could consider a short detour to the picturesque Escondido Falls before finishing your scenic drive at the honeyed sands of Malibu’s Zuma Beach.

Quartz vs. Granite Countertops | Home Tips

This may be one of the biggest debates for homeowners, and we understand why. There are evident differences between the types of stone that most often grace your kitchen and bathroom countertops. You may be asking yourself which one is superior. Well, that answer is not simple because it depends on several factors. That’s why in this week’s blog, we’re talking quartz vs. granite countertops.

Appearance

Granite:

This stone often becomes a go-to for its unique appearance. Unlike quartz, granite is not engineered, and therefore every slab possesses slight differences in mineral pattern and color. Granite can be found in many different colors works perfect as a subtle complement to your kitchen or a standout slab.

Quartz:

The recently popular stone has gained more interest as of late due to your ability to customize the design. Quartz is an engineered stone, which means it is more uniform in appearance. With Quartz, there are many colors and unique patterns that are available. So while granite offers many options in terms of appearance, you’ll have to search for the right piece that matches your color scheme. This is, of course not the case with quartz, making the selection process easier.

Composition

Going back to what we mentioned above, the difference in the two stones comes down to material matters. Literally. Granite will always be pure natural stone that’s been directly cut into slabs from stone quarries. The stone is then polished and fabricated into countertops.

 

With quartz, because the countertops are engineered stone products, they still contain a large percentage of natural quartz. On the other hand, it’s important to note; they may include other minerals. Since what you are getting are not slabs of quarried stone, the stone byproducts are ground up and formed in slabs. 

Cost

With either stone, you’ll be selecting a premium material that comes at a high-dollar price for a product that has to be sourced internationally. That being said, let’s break down some of the costs associated with both products.

Granite:

The cost for granite can be anymore between $2,000 and $4,000, usually and depending on any edging treatments requested. The best option to save money on your choice in stone would be to purchase the material from a wholesaler. We also recommend sticking with a professional for installation as the last thing you want to do is damage the granite you’ve just spent over $2K for.

Quartz:

The price for quartz ultimately depends on the quality. That’s why the price ranges between $1,500 and $5,500. Because engineered quartz is heavier than other stone surfaces, a professional installer would also be recommended in this case. That’s to ensure the structure you are placing it on is structurally sound, because you know…weight and everything we just mentioned.

Maintenance

Granite:

When it comes to your granite countertops, they should be cleaned daily. This should be done with soap and water or a mild household cleaner. Because granite countertops can be porous and require sealing, they can be prone to staining from certain oils and acids. To help your granite last longer, resealing is recommended.

Quartz:

Similar to granite, you’ll want to clean your counter with soap and water or a mild household cleaner. This particular piece of advice would be more about maintenance than durability. Since the solid surface does not require sealing, you won’t have to worry about damage from stains, thanks to the stone’s resins. 

Economic Update | Week Ending April 27, 2024

Interest rate concerns continued to lead markets this week, as has been the case since 2022. With inflation rising since the beginning of the year, hopes of a Fed rate reduction soon have all but ended. This week various Fed members have made comments that have investors wondering if there will be any interest rate reductions this year. On Thursday the initial estimate of the first quarter of U.S. GDP showed that the economy grew at just a 1.6% pace, its slowest pace of growth in two years and well-off economists’ expectations of a 2.5% increase. In a bad news is good news for interest rates environment, slower growth would have been good news, except that the report also included that the “core” Personal Consumption Expenditures index (PCE) grew by 3.7% in the first quarter. Economists had expected a 3.4% gain, and the core PCE growth rate was just 2% in the previous quarter. It appeared that inflation had picked up dramatically in the quarter. Fortunately, on Friday the core Personal Consumption Expenditure index for March was released. It showed that consumer prices rose 2.7% year-over-year in March, up from February’s 2.5% rise, but a welcome relief for investors who one day earlier were informed that the same index rose 3.7% in the first quarter of 2024. Treasury bond yields settled down a little and stocks rebounded on Friday to close the week higher.

Stock markets – The Dow Jones Industrial Average closed the week at 38,239.66, up 0.7% from 37,986.49 last week. It is up 1.5% year-to-date. The S&P 500 closed the week at 5,099.96, up 2.7% from 4,967.23 last week. The S&P is up 6.9% year-to-date. The Nasdaq closed the week at 15,927.90, up 4.2% from 15,281.01 last week. It is up 6.1% year-to-date.

U.S. Treasury bond yields – The 10-year treasury bond closed the week yielding 4.68% up from 4.62% last week. The 30-year treasury bond yield ended the week at 4.78%, up from 4.72% last week. We watch bond yields because mortgage rates follow bond yields.

Mortgage rates – Every Thursday Freddie Mac publishes interest rates based on a survey of mortgage lenders throughout the week. The Freddie Mac Primary Mortgage Survey reported that mortgage rates for the most popular loan products as of April 25, 2024, were as follows: The 30-year fixed mortgage rate was 7.17%, up from 7.10% last week. The 15-year fixed was 6.44%, up from 6.39% last week.

The graph below shows the trajectory of mortgage rates over the past year.

Freddie Mac was chartered by Congress in 1970 to keep money flowing to mortgage lenders supporting homeownership and rental housing. Their mandate is to provide liquidity, stability, and affordability to the U.S.

U.S. existing-home sales – The National Association of Realtors reported that existing-home sales totaled 4.19 million units on a seasonally adjusted annualized rate in March, down 3.7% from an annualized rate of 4.35 million in March 2023. The median price for a home in the U.S. in March was, up 5.7% from last March. There was a 3.2-month supply of homes for sale in March, up from a 2.7-month supply one year ago. First-time buyers accounted for 32% of all sales. Investors and second-home purchases accounted for 15% of all sales. All-cash purchases accounted for 28% of all sales. Foreclosures and short sales accounted for 2% of all sales this week.

Have a great weekend!

Mortgage Rate Update | April 25, 2024

Mortgage rates – Every Thursday Freddie Mac publishes interest rates based on a survey of mortgage lenders throughout the week. The Freddie Mac Primary Mortgage Survey reported that mortgage rates for the most popular loan products as of April 25, 2024, were as follows: The 30-year fixed mortgage rate was 7.17%, up from 7.10% last week. The 15-year fixed was 6.44%, up from 6.39% last week.

The graph below shows the trajectory of mortgage rates over the past year.

A screenshot of a graph

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Freddie Mac was chartered by Congress in 1970 to keep money flowing to mortgage lenders in support of homeownership and rental housing. Their mandate is to provide liquidity, stability, and affordability to the U.S.

From Google Meet to WhatsApp and More! | Tech News

Connect with top technology headlines of the week! Check out this week’s rundown on what’s happening from Google Meet to WhatsApp and more. We have you covered on the news you won’t want to miss from across the world-wide-web! 

Google Meet Introduces Seamless Device Switching During Calls

Google has introduced a new feature in Google Meet that simplifies switching devices during meetings. With the “Switch here” option, users can seamlessly transfer an ongoing call from their computer to their smartphone or vice versa, without interruption. This feature is particularly useful when moving from sitting at a desk to being on the go. Additionally, Google Meet now allows users to be on a call simultaneously from multiple devices, such as a tablet in the kitchen and a computer in the office, making multitasking more manageable. This functionality is accessible via the meeting link on the desired device, and it is available to both personal Google accounts and Workspace customers, starting today.

Lamborghini’s Urus SUV Adds Hybrid Model with New Plug-In Feature

Lamborghini continues its commitment to hybrid technology with the release of the plug-in hybrid Urus SE, now the most powerful version of their best-selling SUV. This luxury hybrid boasts a combined 800 CV (789 hp) from its twin-turbo V8 and electric motor, capable of driving up to 37 miles on electric power alone. The Urus SE features enhanced driving dynamics, including a new four-wheel drive system with electric torque vectoring and an electronic rear differential, enhancing its performance with various driving modes. Priced at $258,000, it surpasses the cost of competitors like the electric Mercedes G-Wagen. This release is part of Lamborghini’s broader €1.9 billion electrification strategy, positioning the Urus SE as a new benchmark in the Super SUV category and paving the way for the brand’s future all-electric models.

Zuckerberg Indicates Generative AI Monetization for Meta Is Years Away

During Meta’s recent first-quarter earnings call, CEO Mark Zuckerberg emphasized that while generative AI is being integrated across platforms like Instagram, Facebook, and WhatsApp, monetizing it will be a long-term project, taking several years. Despite Meta’s significant profit of over $12 billion last quarter, Zuckerberg projected slower revenue growth and highlighted substantial investments in AI and the metaverse. He likened the integration of AI to past successful additions like Stories and Reels, noting promising early engagement. Meta plans to explore multiple revenue streams from its AI assistant, including business messaging, ads, and premium services. Additionally, Zuckerberg was optimistic about the demand for Meta’s smart glasses, developed in collaboration with Ray-Ban, indicating a strong market interest in AI-enhanced wearable tech without a display.

WhatsApp for iOS Introduces Passkey-Based Login Without Passwords

WhatsApp is advancing towards a passwordless future by introducing passkey support in its iOS app, a feature that has been available to Android users since October. This update allows users to log in using iPhone biometrics—Face ID or Touch ID—or their phone’s passcode, enhancing security beyond the existing capability to unlock the app. Passkeys, designed to be a more secure alternative to traditional passwords and SMS two-factor authentication, enable login without a network connection as the authentication key is stored on the device. iOS users can expect to see this feature in the “Settings > Account > Passkeys” section in the coming weeks. Additionally, logging into WhatsApp on non-primary devices like Mac, Windows, or web will still require scanning a QR code from the “Linked Devices” menu.

Reddit Revamps App to Emphasize Comment Interaction

Reddit is enhancing its mobile app on iOS and Android to put a greater emphasis on comments, aiming to streamline the user experience. The update includes faster loading and immediate access to comments by clicking the comments icon, which now directs users straight to the top comment, with the original post summarized in a pinned “context bar” at the top of the screen. Users can interact with the original post by clicking its thumbnail in the context bar. Navigation has also been unified across media types, allowing users to swipe between posts or directly to comments. While these changes promote more active comment engagement, they may cause users to overlook some details of the original posts, especially if they bypass expanding images or reading captions. Reddit developed these updates based on user feedback.

Weekend Events | April 26 – April 28

The weekend is almost here and so is your weekly round-up of local fun! From festivals to stage shows and more, we have you covered with what’s happening. Check out this week’s blog below for the top local events taking place April 26 through April 28.

Los Angeles Weekend Events | April 26 – April 28 

Pizza City Fest

When: April 27 – April 28

Where: L.A. Live

What: Pizza enthusiasts, celebrate: the beloved two-day pizza festival is making its comeback to L.A. Live. Explore offerings from more than 40 vendors, enjoy live dough demonstrations, and gain insights from pizza connoisseurs such as Daniel Holzman of Danny Boy’s and Karen Palmer, a noted food writer and pizza maker. Featured are several top-rated pizzerias in the area, including Pizzana, Schellz Pizza Co., Apollonia’s, La Sorted’s, and Ozzy’s Apizza. This year’s event also welcomes new participants like Pizzeria Sei and Triple Beam.

Puppet Up! Uncensored

When: April 26 – April 28

Where: Jim Henson Studios | Hollywood

What: “Puppet Up! Uncensored” mixes puppetry and improv, featuring skilled puppeteers, music, and humor. It’s presented by Henson Alternative, the adult-only branch of The Jim Henson Company, and offers a new take on classic Henson characters. The event will take place at the historic Jim Henson Company Lot in Hollywood, once Charlie Chaplin’s studio.

Willy’s Chocolate Experience L.A.

When: April 28

Where: 2346 Porter Street | DTLA

What: Experience a unique, detail-rich homage to Glasgow’s notorious unofficial Willy Wonka event in Los Angeles. This version features the original’s most bizarre elements, enhanced by a charity-driven ensemble of “full weirdo experiential” performers from L.A.’s alternative arts, music, and nightlife scenes. Located at 2346 Porter Street near downtown L.A., the event charges $44 for entry, with proceeds supporting the National Alliance on Mental Illness. Learn more from our interview with the event’s enigmatic organizers.

 

Westside and Beach Communities Weekend Events | April 26 – April 28 

Dog Walking Hours at South Coast Botanic Garden

When: April 28

Where: South Coast Botanic Gardens | Palos Verdes

What: Feeling inseparable from your furry companion? Enjoy more time together at the dog-friendly series at Palos Verdes’ South Coast Botanic Garden. Visit every third Sunday to explore the garden’s 87 acres with your dog. Humans require a reservation, and dogs must be leashed at all times, including in the parking lot.

Wild Things Are Happening: The Art of Maurice Sendak

When: Until September 1, 2024 

Where: Westside

What: Celebrate the legendary Maurice Sendak at the Skirball Cultural Center, where over 150 sketches, storyboards, and paintings from the creator of “Where the Wild Things Are” will be on display. Let the wild rumpus begin!

CicLAvia: Venice Blvd

When: Until December 8, 2024 

Where: Venice

What: Cycle through Palms, Mar Vista, and Venice at this Westside bike event, which features a car-free 5.75-mile stretch along Venice Boulevard.

San Fernando Valley Weekend Events | April 26 – April 28

San Fernando Valley Food & Wine Festival

When: April 27 

Where: Los Angeles Mission College

What: Welcome to the San Fernando Valley Food & Wine Festival at Los Angeles Mission College! Dive into a flavor extravaganza, by exploring a Mexico City-inspired menu. Enjoy fresh fish and seafood seasoned with a rich mix of flavors and spices. The festival will feature gourmet dishes, complemented by a curated wine selection from Vinos Unidos Wine Club. Vegan options are also available.

Lindy Lu’s Kitchen Kick-Off

When: April 28

Where: North Hollywood

What: Prepare for an explosive launch at Lindy Lu’s Kitchen! Enjoy a night of outstanding food, delicious drinks, and electrifying live rock’n’roll—all in one spectacular evening!

All About Bulbs with Tim Becker

When: April 26

Where: Theodore Payne Foundation

What: Join Tim Becker, TPF’s Director of Horticulture, for a fascinating class on native California bulbs at our bulb house. Participants will dive into techniques like seed propagation and division, learn how to care for bulbs in containers and the ground and explore the botany and diversity of native geophytes.

 

Conejo Valley Weekend Events | April 26 – April 28

Santa Barbara Fair & Expo

When: April 26 – April 27 

Where: Earl Warren Showgrounds | Santa Barbara

What: The Annual Santa Barbara Fair and Expo, scheduled for April 25-28 and May 3-5, 2024, at the Earl Warren Showgrounds, promises a vibrant mix of carnival rides, live entertainment, and local cuisine. Highlights include over 30 rides and attractions, a petting zoo, pony rides, music, magic shows, and an expo showcasing local food, wine, beer, and arts. Attendees can also enjoy free samples at the Fair & Expo Cooking Contest and explore interactive exhibits.

Annual Huck Finn Fishin’ Derby in Simi Valley

When: April 27, 6:30am – 8:30am

Where: Rancho Simi Community Park

What: Join us for the Annual Huck Finn Fishin’ Derby on Saturday, April 27, 2024, from 6:30 to 8:30 a.m. at Rancho Simi Community Park in Simi Valley. Young anglers can enjoy a morning of fishing along the banks of the park’s two-and-a-half-acre lake, which will be stocked with over 1,500 pounds of fish. Early arrival is recommended to secure a good spot, and for safety, no spinners or lures are allowed.

Autism Society of Ventura County Aut2Run Charity Race

When: April 28 

Where: California State University Channel Islands, Camarillo

What: Join the Autism Society of Ventura County for the 12th Annual “Aut2Run!” charity race on April 28, 2024, at California State University Channel Islands. The event includes a 10K trail run, a 5K run/walk, a 15K “Hero Run,” and a 1-mile walk/run, suitable for all—from competitive runners to families. Register or find more details at www.aut2run.org.