From the New Apple Watch to Google Privacy Updates and More! | Tech News

It’s time for another week of tech news! From all around the globe, we are rounding up the latest headlines you want to know. From the New Apple Watch to Google Privacy Updates and more, read on for this week’s technology news.

Google’s making it even easier to remove your personal info from search

Google is starting to roll out to some users its “Results about you” tool The tool lets you easily file a request to remove results containing your phone number, email, or home address. Google’s previous tool for personal information, along with a host of other types of potentially dangerous or damaging information, wasn’t necessarily the easiest to access or use. The new tool allows you to make a request from the search page directly. If there is a search result linking to a page with your info on it, you can tap the three-dotted button next to it to access the “About this result” panel, which will have a “Remove result” option. You can submit a request to have that result removed at this point. According to Google, there’s also a “Results about you” screen that you can get to by tapping your profile picture in the Google app. This lets you track the information removal requests you’ve made and see their status.

Apple Refreshes Product Lines, Introduces New Ultra Watch

At Apple’s recent online event, the company refreshed its iPhone, Watch, and Air Pods product lines. Likewise, this meant introducing a new Ultra watch for activity in challenging environments. The new Apple Watch Ultra is designed to operate in extreme cold and hot environments. In addition, the watch can be under 130 feet of water without issue. It has a rugged titanium case, and its face is made of tough sapphire crystal. The Ultra will sell for US$799 and will be available Sept. 23. The Series 8 will be available Sept. 16. The GPS version is priced at $399, and the cellular version at $499.

Smart shopping-cart startup Veeve’s new device gives regular carts a high-tech upgrade

Seattle company Veeve is expanding its checkout-free, smart shopping-cart technology from grocery stores to big-box retailers. The company’s new attachment effectively turns regular shopping carts into smart carts. The Veeve technology detects and scans items as they’re put into a cart and keeps a running tally on a built-in display, with a payment system that lets shoppers avoid checkout lines without using a separate app. Veeve says it has found customers using its carts buy twice as much as those using self-checkout stations. According to Veeve, its smart carts are currently in four retail chains in six U.S. states, with multiple stores at each chain, averaging about 10-15 carts per store.

Co-founder of Archer Working on All-purpose Humanoid Robot

As the quest to build the perfect humanoid robot continues, one start-up is taking the next big step. Figure, a startup Archer Co-Founder Brett Adcock developing a multi-purpose bipedal ‘bot it plans to pilot in 2024. The company hopes to succeed where other tech companies have failed. As CEO, Ardock is not only overseeing operations but also funding them with a $100 million boost. According to a report by TechCrunch, the robot rendering is close in style to that of Tesla’s Optimos bot. Figure has brought on the likes of research scientist Jerry Pratt as CTO and former Boston Dynamics/Apple/Arrival engineer Michael Rose. In addition, Google/Boston Dynamics roboticist Gabe Nelson is filling the role of chief scientist.

Nothing Releases Teaser for New Ear Buds

Something to look forward to is Nothing’s unveiling of its latest Ear Stick. The second pair of truly wireless earbuds, Nothing’s second ear drop, features a cylindrical charging case. Set to launch later this year, Nothing’s PR manager Lewis Hopkins confirmed that the Ear Stick is more than just a new charging case for the company’s existing earbuds. “The Ear Stick is an entirely new product. New charging case and new bud,” tells Hopkins. Fans of the tech firm’s products can expect a design that is “feather-light” with a “supremely comfortable ergonomic design” that’s “molded to your ears.”

New Turntable Can Play Music Directly to a Sonos System

If you ever feel like playing DJ at home with your Sonos system, now is your chance. Victrola has dropped its latest turntable, the Stream Carbon, which can easily connect via the Sonos app. According to a press release, Stream Carbon “requires no additional equipment for connecting to a Sonos ecosystem, allowing effortless setup and easy control.” Listeners can send music from the record player to your Sonos Speaker, all from a mobile device. The Stream Carbon turntable has an official Works With Sonos certification. Victrola CEO Scott Hagen said his team has collaborated with Sonos on a “multi-year journey”, so fans can surely expect more out of this new partnership.

Weekend Events | September 23 – September 25

Fall into autumn fun with this weekend’s round-up of local happenings. While it’s not officially fall, this weekend’s events will be sure to put you in the fall spirit. Read on and enjoy a range of fun this September 23 through September 25 weekend!

LOS ANGELES WEEKEND EVENTS | SEPTEMBER 23 – SEPTEMBER 25

L.A. River Fest

When: September 25 

Where: Chinatown 

What: Make your way to L.A. State Historic Park for an open-air screening of short films about the L.A. River. LA’s famed urban waterway has been featured in a plethora of large to small-scale films. Don’t miss this sampling of cinema brought to you by the Friends of the L.A. River.

Los Angeles Haunted Hayride

When: September 23 – October 31 

Where: Griffith Park

What: Griffith Park’s famed haunted hayride arrives early to bring frights and haunts to Angeleno’s. Make your way to the fictitious 80’s town of Midnight Falls if you dare.

L.A. Times Food Bowl: Night Market

When: September 23 – September 25

Where: Hollywood

What: Fancy a foodie-approved weekend? You are in luck because L.A. Times Food Bowl is back with a night market you won’t want to miss. Enjoy a showcasing of the city’s top restaurants and appearances by the likes of Duff Goldman of Ace of Cakes and L.A. barbecue legend Kevin Bludso.

 

WESTSIDE AND BEACH COMMUNITIES WEEKEND EVENTS | SEPTEMBER 23 – SEPTEMBER 25

The Other Art Fair

When: September 22 – September 25 

Where: Santa Monica

What: Head over to Barker Hanger this weekend to see works of art from over 140 up-and-coming artists. The weekend-long art fest has been curated for collectors and fans of varying budgets.

Loss, Life & Love

When: September 24 

Where: Leimert Park Plaza | South LA

What: It’s not as morbid as it sounds. This weekend’s Leimert Park event invites attendees to ponder life itself for a three-day series of talks and workshops. The in-person street fair will feature comedians, speakers, and musicians.

Americana in the Park

When: September 4 – September 25 

Where: Gandara Park | Santa Monica

What: Enjoy music in the park at this Sunday afternoon concert for the community. All through September, Gandara Park will explore the roots of Americana via tunes.

 

SAN FERNANDO VALLEY WEEKEND EVENTS | SEPTEMBER 23 – SEPTEMBER 25

Home Composting & Urban Gardening Workshop

When: September 24 

Where: Lopez Canyon Environmental Center | Sylmar

What: Learn how to create your own urban garden and at-home composting. This weekend’s workshop will teach you all the basics taught by the LA Sanitation & Environment green waste specialists. In addition, the Los Angeles Department of Water and Power will be there to offer water conservation tips and rebate information.

Halloween Horror Nights

When: September 8 – October 31 

Where: Universal Studios | Universal City

What: There’s no running or hiding because Halloween Horror Nights is back and haunting now through October 31. Get your spook on with haunted houses and mazes inspired by the Weekend, Halloween, The Black Phone, Freak, and the classic Universal Monsters.

Valley Relics Museum Experience

When: Every Saturday and Sunday

Where: 16781 Stagg Street Hangar C3 & C4 | Van Nuys

What: Visit the Valley’s beloved museum of Pop Culture this weekend! The Valley Relics Museum invites you to join them for a day full of nostalgia and fun. Their one-of-a-kind museum.

 

CONEJO VALLEY WEEKEND EVENTS | SEPTEMBER 23 – SEPTEMBER 25

Movies in the Park

When: September 23 

Where: Arroyo Vista Community Park | Moorpark

What: Food trucks, photo ops, and more! This weekend’s Moorpark Movie night features more than just a film screening. Enjoy an evening under the stars while viewing the cult-classic film Napoleon Dynamite. 

29th Annual California Lemon Festival

When: September 24 – September 25 

Where: Goleta

What: Be sure to stop by Girsh Park in Goleta for the 29th Annual California Lemon Festival. Likewise, the event will feature yummy lemon food, a great family atmosphere, and a cornucopia of entertainment and activities.

Hispanic Heritage Month at Stagecoach Inn

When: September 24 

Where: Stagecoach Inn Museum | Newbury Park

What: Celebrate Hispanic Heritage Month at the Stagecoach Inn Museum. “Unidos: Inclusivity for a Stronger Nation” invites the public to learn what life was like at the ranchos in the early 1800s. In addition, the Inn will feature Caballero and Fiesta costuming.

Getting Your Home Fall-Ready this Season | Home Tips

Fall is right around the corner. Is your home fall-ready for this transition from summer to autumn? Well, there are lots of steps you can take to keep your home cozy and efficient in the fall season. These are easy and affordable everyday activities you can do as part of your annual home inspection. They include:

1. Clean, Organize, and De-clutter to get it Fall-Ready

Cleaning, organizing, and de-cluttering your home gives it a tranquil and simplified ambiance into fall. To get fall-ready, start by scrubbing all surfaces, including windows, doors, floors, and home appliances. Next, empty and organize your fridge, pantry, and storage areas. Here, check the expiration dates of your food supplies. Throw expired food, and donate the foodstuffs that won’t make it to the fall season. Third, de-clutter and donate your summer clothes and shoes. Also, clean and replace your bedding, towels, and linens.

2. Decorate Your Home

Did you know that installing cozy wallpaper or adding a vintage runner to your entryways can warm up your home for fall? And you can use your pottery and glassware to accessorize and create a fun centerpiece as a focal point in your living room. Donate your unused items in the store and turn the extra space into a hideaway room complete with accented lighting, a reading table, a lamp, a bed, and cozy pillows and blankets. Hang your woven baskets and add some fresh fall flowers for a tasteful look.

3. Make Sure Your Installations are Fall-Ready

Not only should your home be clean and attractive, but it should also be functional. That’s why you should inspect your installations to confirm that they are in tip-top shape and fall-ready. Now is the best time to scrutinize and clean the filter furnace and change the humidifier filter too. Next, check the air quality in the attic. Here, you want to confirm that the insulation is working; all the air vents are clean, dry, and mold-free. Seal any air leakages into the attic to prevent ice dams from forming in winter. Finally, check for cracks in and outside your home. Call a professional to assess and repair any rift at least an eighth of an inch wide.

4. Carry Out Preventive Maintenance

Preventive maintenance will save you unnecessary utility bills and repair costs when getting fall-ready. Have the gutters clean, and debris-free, with water flowing freely through them. Add a drain spout extension to divert water away from the foundation. Ideally, you want water to drain 4 to 6 feet away from your home. Next, inspect and repair any visible damage on your windows, door frames, and surrounding drywall. The weather-stripping should be secure to prevent drafts responsible for escalating heating bills. Test and replace fire alarms and carbon monoxide detector batteries. And reverse the ceiling fan to push the heat down from the ceiling to the floor.

5. Work With a Professional

Some areas around your home require professional handling only to get fall-ready. For example, ask a professional to clean your chimney. And contact an HVAC professional to check the ductwork and tune up your heating system. Then, as a rule of thumb, call an expert to address any concerns you have after inspecting your home.

A savvy homeowner is proactive in preparing their home for fall. Then, use the tips above to enjoy a comfortable, safe, and cost-efficient transition into the cooler season ahead.

Weekend Events | September 16 – September 18

We’re diving right into mid-September with a bevy of local fun! There are plenty of great ways to spend your weekend around town, and we have you covered. Read on for our weekend round-up of events!

Los Angeles Weekend Events | September 16 – September 18 

Museum Day

When: September 17 

Where: Various L.A. Museums

What: Hosted by Smithsonian magazine, Museum Day invites you to check out LA’s top museums for FREE. This year you can enjoy the day at the GRAMMY Museum, Japanese American National Museum, Museum of Latin American Art, CAAM, and more!

LUMINEX 2.0: Projected Realities

When: September 17

Where: DTLA

What: Downtown LA comes to life with dazzling lights for one night only this Saturday. The site-specific light-installation project will be staging augmented reality installations and more, all for free, around DTLA.

LA Beer Fest

When: September 17

Where: Westlake

What: The LA Beer Fest is back and brewing up pours from over 80 breweries. Make your way to this one-day beer fest and enjoy food trucks, live music, and more. 

Westside and Beach Communities Weekend Events | September 16 – September 18

Oaktoberfest

When: September 17

Where: Venice

What: While it’s not yet October, you can kick off this famed fall fest early at Firestone Walker Brewery this Saturday. The one-day event, named after the brewery’s signature lager, will feature food, music, and more. In addition, there will be three German-inspired beers and special package options. 

BeachLife Ranch

When: September 16 – 18 

Where: Redondo Beach

What: BeachLife Festival goes country for this weekend’s music line-up. Make your way to Redondo Beach for music from The Lumineers, Hall & Oates, Brandi Carlile, Dierks Bentley, Wilco, and Lukas Nelson & Promise of the Real.

Malibu Triathalon

When: September 17 – September 18

Where: Malibu

What: Even if you are not participating in the Malibu Triathlon, you can still cheer on Saturday’s participants. See competitors swim, bike, and run their way along Zuma Beach and PCH at this weekend’s Olympic distance race. Funds raised will go towards Children’s Hospital Los Angeles’s Pediatric Cancer Research Program.

San Fernando Valley Weekend Events | September 16 – September 18

Eat | See | Hear

When: Until October 29 

Where: North Hollywood

What: With stops at different locations around town, Eat|See|Hear brings the fun to the best local destinations. See cult flicks, enjoy delicious food and hear the sounds of L.A.’s top local bands.

Halloween Horror Nights

When: September 8 – October 31 

Where: Universal Studios | Universal City

What: There’s no running or hiding because Halloween Horror Nights is back and haunting now through October 31. Get your spook on with haunted houses and mazes inspired by the Weekend, Halloween, The Black Phone, Freak, and the classic Universal Monsters.

All-Age Skate Night

When: Every Saturday

Where: Moonlight Rollerway | Glendale

What: Get your roll on this Saturday at Moonlight Rollerway’s All-age skate night. The Saturday night skate will be for all ages from 8 PM to 11 PM, with tickets required for entry.

Conejo Valley Weekend Events | September 16 – September 18

38th Annual Ventura County Coastal Cleanup Day

When: September 17

Where: Throughout Ventura County

What: Help keep the coast clean by participating in this Saturday’s annual California Coastal Cleanup Day. From 9 am to noon, you can help remove trash and plastic pollution in the Ventura County area. Let’s help ensure our local beaches stay beautiful!@vccoastcleanupday to remove trash and plastic pollution that has been accumulating in our County since the last Coastal Cleanup Day.

805 Night Market 

When: September 17 – 18

Where: The Oaks | Thousand Oaks

What: Inspired by open-air night markets, 805 Night Market invites you to venture out this weekend. Eat, drink, socialize, and be entertained at this fun festival, open to all ages. 

21st Annual Thousand Oaks Rotary Wine & Beer Festival

When: September 17 

Where: Hyatt Regency Westlake | Westlake Village

What: Join the Thousand Oaks Rotary Foundation for an evening of wine, beer, and bites. Since its inception, the event, for adults ages 21 and up, has raised over $550,000 to benefit the Ventura County Special Olympics and the Thousand Oaks Rotary Foundation. Both help support many local charities and provide student educational scholarships.

From Patagonia Donating All-Profits to Ethereum Going Green and More! | Tech News

From Patagonia Donating All Profits to Ethereum Going Green and more, connect with the latest happening in the world of tech. Read on for our weekly round-up of the world’s biggest headlines in bite-size form.

TikTok Unveils New BeReal Style Feature

As the latest app to hop on the BeReal trend, TikTok has launched a new feature similar to the competitor app. The company announced the feature in a blog post published this week.  With a dual camera feature called Now, users will be able to post in-the-moment content when notified. “We’re expanding our suite of creation tools as we continue to foster authentic and spontaneous connections on TikTok,” the company says in the post. In addition to images, users will also be able to post 10-second videos. While the feature is only being tested at this time, only time will tell if it can truly compete with BeReal’s surging popularity.

Patagonia Announces Plan to Donate All Company Profits Toward Climate Change 

Yvon Chouinard, Patagonia founder, his spouse, and two adult children have announced they are giving away ownership of the company to fight climate change. Worth $3 billion, the company will donate all profits to projects and organizations that protect wild land and biodiversity. Published on the Patagonia website on Wednesday, Chouinard said the following: “While we’re doing our best to address the environmental crisis, it’s not enough. We needed to find a way to put more money into fighting the crisis while keeping the company’s values intact…So, we created our own.”

Snapchat for Web is Now Available for All Browsers

Announced in June, Snapchat has finally debuted its web-supported version to all subscribers. This will be the first time that the popular app is available beyond mobile. In addition to the desktop offering, there are also a number of new features being announced for the app. Regarding Snapchat for the web, users can chat and video call with friends, with conversations syncing between devices. The web version will give users more surface space to chat and video call friends. Currently, one hundred million users currently use the app calling feature every month. This move to a desktop version will, of course, allow the company to expand to more users around the world!

Ethereum, the World’s Second Largest Crypto, Goes Green

Considered the second most valuable cryptocurrency in the world, Ethereum has officially gone green. It’s long-awaited revamp, “The Merge,” completed a massive software upgrade this week which will slash its carbon footprint. The upgrade will reduce Ethereum’s energy consumption by nearly 99.95%, according to the Ethereum Foundation. The Merge refers to the original Ethereum Mainnet merging with a separate … blockchain called the Beacon Chain,” it added. The merger moves Ethereum to a mechanism called “proof-of-stake,” which is much more energy efficient. 

Uber Brings Upscale Electric Car Service to More Cities

This past May, Uber launched its Comfort Electric service in a small portion of cities. The launch brought premium EVs like Tesla, Polestar, and Ford Mustang Mach-E to users in eligible areas. With the success of the launch, the company has announced it will widen its expansion to include 14 additional cities in North America. The Comfort Electric option will now be available in the following cities: Atlanta, Austin, Baltimore-Maryland, Boston, Charlotte, Chicago, Connecticut, Dallas, Denver, Houston, Las Vegas, Los Angeles, Miami, New Jersey, NYC Suburbs, Philadelphia, Portland, Sacramento, San Antonio, San Diego, San Francisco, Seattle, St Louis, Vancouver (Canada), Washington, DC. Likewise, this recent change coincides with the company’s mission to become a zero-emissions company by 2030.

 

Top New Restaurants to Try Around Town | L.A. Eats

In LA, there are always plenty of new restaurants popping up around town. Rather than stick to your regular routine, step out and try something new. In this week’s LA Eats blog, we’re dishing the top new places to grab a bite and a beverage!

Capri Club

A popular new spot in Eagle Rock, Capri Club, dishes out delicious Italian bites and exquisite pours. For a new restaurant worthy of your time, we recommend Capri Club for a weekend night out with friends. 

Workshop Kitchen & Bar

When it comes to new restaurants with a modern flair, Workshop Kitchen & Bar goes the distance and succeeds.  Experience minimalist modern aesthetic and French-inflected, elegant market fare from chef Michael Beckman, this La Brea eatery. Just make sure you come hungry enough to indulge in the restaurant’s five-course tasting menu and experience inventive cocktails.

Dunsmoor 

For new restaurants in the Glassell Park area, look no further than Dunsmoor. Cooking up Rustic American cuisine, Dunsmoor is a woodsy setting with a welcoming ambiance. Expect fire-kissed meats, pristine raw seafood, and more at Chef Dunsmoor’s latest outpost.

Mes Amis

For a chic Hollywood hangout, head to Chef Lincoln Carson’s Mes Amis. The former Bon Temps chef serves up brasserie food with a bit of flair along one of the city’s busiest new restaurant blocks. Dessert is also a must-try at Mes Amis.

Vamos Vamos

One of Main Street Santa Monica’s new restaurants to try is Vamos Vamos. Enjoy this casual dining spot that offers menu items like fish tacos and green chile-topped cheeseburgers. For libations, they have Seven different margaritas, ranging from watermelon to hibiscus, all but guarantee Vamos Vamos is going to be a good time.

Tail o’ the Pup

Restored and back in business, one of LA’s most famous food landmarks is back. Tail ’o the Pup, a famed hot dog and bun-shaped walk-up stand, returned to West Hollywood and is ready to serve you. Enjoy various hot dogs and sides in the heart of West Hollywood. Stop by for some nostalgia and mouth-watering bites.

Konbi

The tri-cut Japanese-style sandwiches and expertly prepared French pastries at Konbi are worth a trip to Culver City. Bite into a superlative ham-and-cheese croissant and enjoy something sweet with its more extensive selection of gelato-style ice cream. 

Emmy Squared

Tucked into a suburban part of Santa Monica, Emmy Squared brings its beloved pizza squares from the East to the West. At this square-pie palace, diners can score pints of Santa Monica Brew Works beer alongside pepperoni-heavy, extra-cheesy pizzas. Yum!

KazuNori 

For new restaurants in Studio City, KazuNori brings its deliciously warm and crispy handrolls to the Valley. In 30-minutes or less, you’ll be able to enjoy freshly wrapped temaki, and an array of cut rolls. 

Curry Zone

With the name Curry Zone, you can expect to find a variety of curry options at Valley Village’s latest joint. This new Indian spot in Valley Village also has various biryanis, tandoori platters, and kathi rolls to indulge your tastebuds.

Casita 

A new Mexican restaurant in Sherman Oaks, Casita, will make you feel right at home. From wagyu steak taco to chipotle-slathered street corn, the menu is extraordinary. We recommend also trying “flaming” slab of panela cheese set alight with mezcal, chiles rellenos stuffed with sauteed squash, and a whole snapper topped with charred citrus.

How to Conserve Energy | Home Tips

With the recent West Coast heat waves, conserving energy has taken center stage. While it may be harder to turn down the AC during hotter months, there are a number of ways to conserve. Get ahead of the next flex alert and do your part to conserve energy at home with the helpful tips listed below.

Replace your light bulbs

It may seem minimal, but the types of lightbulbs you use can go a long way in energy conservation. Traditional incandescent light bulbs consume mass amounts of electricity and must be replaced often. Energy-efficient alternatives, like halogen incandescent bulbs, compact fluorescent lights (CFLs), and light-emitting diode bulbs (LEDs), use less energy and last 3 to 25 times longer than traditional bulbs.

Use energy-efficient appliances

Did you know that appliances are responsible for roughly 13% of total household energy use? When it comes to the appliances in your home, there are two things to keep in mind. Before your next buy, consider the initial purchase price and the annual operating cost. While energy-efficient appliances have higher upfront purchase prices, the operating costs are often 9-25% lower than conventional models.

Replace your air filters

The filters in your home should be replaced regularly. Replacing your air filters helps you avoid repairs and helps to save money. In fact, The Department of Energy released a report saying that replacing dirty filters regularly can reduce household energy consumption by up to 15%. 

Upgrade your HVAC system

If you are in an older home, chances are your HVAC system is in need of TLC. An HVAC system is composed of heating, ventilation, and air conditioning equipment. Heating alone is responsible for more than 40% of home energy use. Air conditioning also plays a factor in energy use, with over 6% of the average, typical total energy consumption. You can reduce your energy consumption with proper insulation and maintenance of your ventilation system.

Let In Natural Light

Replacing your lightbulbs is not the only way to conserve energy. By letting natural light into your home and flipping the switch off, sunlight can save tons. For instance, having north and south-facing windows instead of east and west can help. Creating energy from the sun and conserving energy with natural light can significantly reduce your household consumption and cost.

From Uber Eats Robot Delivery to Apple iOS 16 | Tech News

It’s time for the latest round-up of tech news from across the web. From Uber Eats Robot Delivery to Apple iOS 16 and more, read on for the latest news!

Mercedes-Benz partners with Rivian for electric vans

Mercedes-Benz is embarking on a new venture. The automobile company has announced a partnership with Rivian for “bespoke large” commercial electric vans. The company announced the news of the strategic partnership this week. Likewise, Mercedes plans to use its existing Mercedes-Benz site in Central or Eastern Europe to make the vehicles. This marks Rivian’s first foothold in the continent; the automaker only has one manufacturing facility in the US. The company will release to van models that will be built on Mercedes’ Vans Electric Architecture (VAN.EA) platform. The other vehicle model will be built on Rivian’s second-generation electric van platform, called Rivian Light Van (RLV). “We want to retain our position as the only van manufacturer producing large vans in Germany — despite the increasing costs associated with the e-mobility transformation,” said Mercedes-Benz head of vans Mathais Geisen.

Uber Eats Signs 10-Year Deal with Nuro for Robot Food Delivery

Robot food delivery will soon be making its way to California and Texas. Uber Eats has announced that it will partner with Nuro in a 10-yeat deal for autonomous delivery vehicles. The two companies have been in negotiations on a deal for the last four years. Beginning in the fall, Uber Eats and Nuro will deploy a fleet of self-driving delivery vehicles. The deliveries will launch in Mountain View, California, and Houston, Texas. Uber Eats and Nuro have not yet disclosed the number of customers the vehicles will reach. However, they did disclose that they hope to, at some point, expand to the greater Bay Area if testing goes well. 

Apple to Release iOS 16 in the Coming Week to iPhones

After this week’s Apple event, news of new products and updates are here. Likewise, the company has announced its latest software update, iOS 16, which will be released to iPhones on September 12. The software update will bring a variety of improvements to the iPhone, which may have already been seen on iPadOS 16 users who received their update last June. Some of the expected updates include improvements to the lock screen and the ability to edit and recall sent messages. In addition, the update will also roll out the new iCloud Shared Photo Library to share photos with your family and use the Live Text feature to pull text from videos as well as photos, with new abilities added.

Meta to Reveal High-End VR Set this October

For fans of Meta’s VR set, you won’t have to wait much longer for details on its high-end VR set. The social media giant has announced it will release a look at the latest Oculus VR set on October 11. In addition to giving consumers a first-hand look at the product, the company will also offer “a look at what’s to come in the near and far future.” In a blog post to Meta’s site, the company stated that we’ll see information on the Horizon Worlds virtual reality app and hinted that the high-end “Project Cambria” headset will show up as well. According to Zuckerberg, the headset will include eye and facial tracking and color passthrough as just some of the expected features. 

Mullen Automotive acquires EV startup Bollinger, for $148.2 million

Bollinger Motors, an EV startup, has been acquired by Muller Automotive for a grand total of $148.2 million. The controlling stake provides Mullen Automotive with a 60 percent share of the company. Mullen Automotive will add the Bollinger-designed medium-duty trucks and sport utility vehicles to its current inventory. As such, the deal “positions Bollinger to capture the electric sport utility and commercial vehicle markets,” the company added. Those outside Southern California may be unfamiliar with the electric vehicle manufacturer, whose goal is to build “the next-generation of premium electric vehicles that are affordable and built entirely in the United States.” 

Weekend Events | September 9 – September 11

Make the most out of your September weekend with a range of exciting events in town. From art exhibits to free concerts and more, there are plenty of things to do. Read on for our weekend roundup of fun!

Los Angeles Weekend Events | September 9 – September 11 

Summer on 7th

When: September 10

Where: DTLA

What: Enjoy music, food, and fantastic architecture, all for a great cause at this Saturday’s Summer on 7th event. The evening under the stars will take place at the Inner-City Arts campus with rooftop sets by  Cordae, plus DJ sets by dublab and La Junta Crew. 

Jazz at LACMA

When: Until September 23

Where: LACMA | Miracle Mile 

What: Considerably one of LA’s best free music offerings, catch Jazz at LACMA before it’s gone. The summer music set runs through the last week of September. Picnic in the museum park while enjoying soulful sounds under the stars.

Chinatown First Fridays

When: Until December 1

Where: Chinatown

What: Enjoy extended hours at a slew of Chinatown galleries, shops, and restaurants as this fun Friday night event series returns! Make your way along Chung King Road and around other businesses in Chinatown Central Plaza.

Westside & Beach Communities Weekend Events | September 9 – September 11 

Bergamot Station Arts Center Fall Open

When: September 10 

Where: Santa Monica

What: Fall will be here soon, so likewise, it is time for Bergamot Station Arts Center to debut its fall exhibit. Stop by this open house and peruse through the artwork of over 20 galleries from artists and curators. 

Americana in the Park

When: September 4 – September 25 

Where: Gandara Park | Santa Monica

What: Enjoy music in the park at this Sunday afternoon concert for the community. All through September, Gandara Park will explore the roots of Americana via tunes.

D23 Expo

When: September 9 – September 11

Where: Anaheim 

What: Calling all Disney fans! The return of D23 is here!! Make your way over to the Anaheim Convention Center for the best fan weekend around. Find out about upcoming releases and get a peek at some of the latest Imagineer-designed rides. 

San Fernando Valley Weekend Events | September 9 – September 11 

Halloween Horror Nights

When: September 8 – October 31 

Where: Universal Studios | Universal City

What: There’s no running or hiding because Halloween Horror Nights is back and haunting now through October 31. Get your spook on with haunted houses and mazes inspired by the Weekend, Halloween, The Black Phone, Freak, and the classic Universal Monsters.

Valley Relics Museum Experience

When: Every Saturday and Sunday

Where: 16781 Stagg Street Hangar C3 & C4 | Van Nuys

What: Visit the Valley’s beloved museum of Pop Culture this weekend! The Valley Relics Museum invites you to join them for a day full of nostalgia and fun. Their one-of-a-kind museum 

All-Age Skate Night

When: Every Saturday

Where: Moonlight Rollerway | Glendale

What: Get your roll on this Saturday at Moonlight Rollerway’s All-age skate night. The Saturday night skate will be for all ages from 8 PM to 11 PM, with tickets required for entry.

Conejo Valley Weekend Events | September 9 – September 11

Ventura Art & Street Painting Festival 

When: September 10 & September 11 

Where: Ventura Habor Village | Ventura

What: The Ventura Art & Street Painting Festival kicks off this Saturday and Sunday at Ventura Habor Village. This waterfront juried art festival features more than over 40 talented street chalk artists creating colorful murals along the Village promenade overlooking the boats.

Chinese Cultural Day

When: September 10 

Where: Civic Arts Plaza | Thousand Oaks

What: Don’t miss the 5th Chinese Cultural Day at Thousand Oaks Civic Arts Plaza Park. The festival will feature performances, exhibits, games, food, and more. Likewise, the event will be celebrating the Moon Festival and showcase traditional Chinese music and dance performances.

Tiny Porch Concerts

When: September 10

Where: Peter Strauss Ranch | Agoura Hills

What: In cooperation with the National Park Service, Tiny Porch Concerts presents its 2022 Summer Series. These concerts are open to the public and to all ages. Admission is FREE, although VIP Tickets are available for purchase. VIP tickets include a beer, wine, and cheese reception an hour before the music begins and a chair waiting for you in the theater!

Economic update for the month ending August 31, 2022

Stock markets dropped about 4% in August – To say that the markets don’t know what to do is an understatement. The first half of 2022 marked the worst first half of a year for the S&P 500 since 1939. The Dow and Nasdaq also had their worst half of a year since 1970. In July, inflation seemed to be moderating, corporate profits were higher than expected, consumer spending was strong and July marked the best July in 50 years for the major stock markets. They made up over half of the losses suffered in the first six months. In August markets reversed after the July jobs report. It shocked experts because employers had hired over double the number of new employees that analysts had estimated and the unemployment rate dropped to 3.5%, a 52-year low. Stocks began to rally again after the July CPI report was released in the second week of the month. It showed that consumer prices, a key indicator of inflation, rose 8.5% year-over-year in July, down from 9.1% in June. With inflation moderating investors felt that the Fed would be less aggressive with future interest rate hikes. On the third week of August, the Fed minutes from the July meeting were released. The minutes showed that the Fed did not intend to slow the pace of rate hikes and was concerned with the overheated jobs market and consumer spending which they have been trying to slow and stocks began to drop. On August 26 Federal Reserve Chairman, Jarome Powell gave a major policy speech. He said that the Fed intended to act “quickly and swiftly for a long prolong period of time” to get inflation down to the Fed target range of 2%. He said to “expect pain!” He cited the overheated jobs market, which is causing a labor shortage and leading to wage gains that are fueling inflation. He spoke about the rate of consumer spending. His frustration that all the rate hikes and other measures to slow the economy was not having an effect on the pace of hiring and spending was evident. Stock markets sold off in the hours that followed his speech. For example, the Dow dropped over 1,000 points. To put it in perspective, that was a 3% drop. The S&P dropped 3.4% and the Nasdaq dropped 3.9% on the 26th. It was a tough speech and a tough day! In September we will be looking at the jobs report which will be released tomorrow. If the pace of hiring continues to be brisk, we expect stocks to continue to drop. If hiring is strong but not above expectations stocks should stabilize. If the pace of hiring is weak and the unemployment rate begins to rise stocks should rise as well. We will look at the August CPI report the second week of the month to see what the inflation rate is. If it looks like inflation is continuing to moderate, so below 8.5%, stocks will do well, but if the CPI rate is higher stocks will get hit hard. On the third week of the month, the Fed will raise their key interest rates. A .75% rise is expected. I would not expect that rise to cause stocks to drop. It’s already built into the current market levels. Should they do a full 1% increase, that’s a different story, but it is not expected. The Dow Jones Industrial Average closed the month at 31,510.43, down 4.1% from 32,845.13 on June 30. It’s down 13.3% year-to-date. The S&P 500 closed the month at 3,955.29, down 4.2% from 4,130.29 last month. The S&P is down 17% year-to-date. The NASDAQ closed the month at 11,816.20, down 4.6% from 12,390.69 last month. It is down 24.4%, year-to-date.

U.S. Treasury bond yields – The 10-year treasury bond closed the month yielding 3.15%, up from 2.67% last month. The 30-year treasury bond yield ended the month at 3.27%, up from 3.00% last month. We watch bond yields because mortgage rates often follow treasury bond yields.

Mortgage rates – The Freddie Mac Primary Mortgage Survey reported that mortgage rates as of September 1, 2022 for the most popular loan products were as follows: The 30-year fixed mortgage rate was 5.66%, up from 5.30% at the end of July. The 15-year fixed was 4.98% up from 4.58% last month. The 5-year ARM was 4.51% up from 4.29% last month. Rates topped out in the middle of June when the 30-year hit over 6%. It dropped to 4.99% the first week of August, but have worked their way back up over ½% since then. The jobs report and the CPI report will have a big impact on rates. If hiring slows and unemployment increases, rates will drop. If hiring remains strong rates will remain at these levels or rise slightly. If the CPI rate shows inflation is dropping, rates will drop. If the CPI increases mortgage rates will increase as well. These are long term rates. They are tied to longer term inflation expectations, not short term. When the Fed raises rates, it may actually lower mortgage rates.

The August jobs report will be released tomorrow. That will be a good indicator of whether the fed rate hikes are causing employers to slow the pace of hiring. So far that has not happened. With unemployment at a 52-year low and wages increasing due to a shortage of labor. The tight labor market is one of the conditions that is fueling inflation.

U.S. existing-home sales – The National Association of Realtors reported that existing-home sales totaled 4.81 million units on a seasonally adjusted annualized rate in July, down 5.9% month-over-month from the annualized number of sales in June. Year-over-year sales were down 20.2% from an annualized rate of 6.03 million in July 2021. The median price paid for a home in the U.S. in July was $403,800, up 10.8% from $364,600 one year ago. July marked a record 125 consecutive months of year-over-year increases in the median price. There was a 3.3-month supply of homes for sale in July, up from a 2.6-month supply last July. First-time buyers accounted for 29% of all sales. Investors and second-home purchases accounted for 15% of all sales. All-cash purchases accounted for 24% of all sales. Foreclosure and short-sales accounted for less than 1% of all sales, remaining at a historic low.

California existing-home sales – The number of single family homes sold in July declined 31% year-over-year – The California Association of Realtors reported that existing-home sales totaled 295,460 on a seasonally adjusted annualized rate in July, down 14.4% from June, and down 31.1% from July 2021 when 428,980 homes sold on an annualized basis. Year-to-date, California existing-home sales were down 13.6% in July. The statewide median price paid for a home in July was $833,910, up 2.8% from $811,170 in July 2021. There was a 3.2-month supply of homes for sale in July, up from a 1.9-month supply in July 2021. A normal market has a 5-6 month supply of homes on the market.

My take – We have been shocked by such a sudden slowing in the number of sales. The number of homes sold is a number that we have not seen in July since the financial crisis. From the closings I have seen, August may be even worse with fewer closings. Fortunately, I we have had a pick up in openings. I expect September sales to be higher than July and August. Prices are another story. The market got so crazy due to bidding wars in the first quarter of the year that we saw sales that shocked us. Many homes had dozens of offers. Most offers were at or a little over the asking price. One or two buyers went tens or even hundreds of thousands of dollars over the asking price. It seemed that people were so tired of losing out on homes that they would pay anything to get the one they were bidding on. We all scratched our heads in amazement with how much over full price the successful buyer was willing to pay. We are not seeing that now. We are seeing the market normalize. Prices are back to the level they began the year. If you look just at the highest price ever reached in March, April or May we are probably about 10% below that highest ever sale where the buyer bid tens or hundreds of thousands over full price to get it! We are not scratching our head in amazement with that panic buying when someone will pay anything now. Without those outlier overbids, the sales we see are the second or third highest price ever for a similar home in the neighborhood. That’s not so bad!

The graph below shows regional figures by county in Southern California.