#New: 19 percent of California households can afford to buy a median-priced home in the state. A minimum annual income of $228,400 is needed to make monthly payments on that home. Source: CA Assn of Realtors

Surfing dogs!!! (Dog surfing championships in Pacifica)

With Apple about to announce its last earning report with Tim Cook as CEO, it’s worth noting that $AAPL stock market value jumped by about $4.6 trillion under his leadership.

#New: Latest national rental prices (median 1BR): New York: $4,560 San Francisco: $4,180* Boston: $2,900 Jersey City: $2,820 San Jose: $2,770 Miami: $2,640 Arlington, VA: $2,430 Honolulu: $2,400 Wash, DC: $2,270 San Diego: $2,250 *all-time high Source: Zumper

#Update: Remember the humanoid robot that flew out of the Bay Area after meeting passengers? Today United Airlines and Delta Airlines banned humanoid robots on aircraft, and in checked luggage. Southwest had banned the ‘bots after this guy flew:

Everyone who bought and held SpaceX stock since IPO day has now lost money.

Here’s how to opt out of Meta’s new AI image model in 30 seconds: 1 Open your Instagram profile and tap the three lines in the right corner. 2 Tap on Sharing and reuse. 3 Go to Allow people to use your content with AI features on Meta, and toggle OFF for both Posts and Reels.

Budweiser introduced its BUD MAN character in 1969, and my family collected posters & stickers & steins & salt shakers throughout the '70s because, c'mon, the name. A highlight: a 1976 set of bicentennial stickers, with Bud Man in a series of iconic Revolutionary War scenes. America!

So sorry to hear about Om Malik's passing. He was one of the very early, and influential, tech reporters. I was fortunate to have had the chance to know him in person. A big loss to Silicon Valley, and to the tech community.

If you're in the Bay Area, my sister and brother in law are fostering these tiny kittens and they need an adopter - is it you?! Info here (they are bonded and should be adopted as a pair): www.svpetproject.org/availablecat... www.svpetproject.org/availablecat...

Good morning from Apple HQ. #WWDC  soon to get underway. Expecting a big send off for Tim Cook as CEO. Keep it here for updates. $AAPL

#Update: SF couple (with small child) got a notice on their door, telling them rent at their two-bedroom unit in the Richmond District would be going up from about $3,000 to $7,000 a month in September. An SF supervisor reached out to an attorney, who says he’s now helping.

New: Meta says it will begin to offer subscriptions: $3.99/month for Instagram Plus $3.99/mo for Facebook Plus $2.99/mo for WhatsApp Plus ...for access to "features like profile customization, super reactions, and story insights." $META

After the San Diego shooting, Bay Area Christians and Jews are outside Mosques with signs of support.

Look up! Jupiter (upper left) and Venus (lower right) are hanging around the crescent moon for “conjunction.” Visible to the naked eye this week.

The median home price in California just hit an all time high: $914,810. -Ca Assn of Realtors

#New: Cerebras prices IPO at $185, above its expected range. Based in Silicon Valley, the AI company will lead what is expected to be a number of big AI-related stock offerings. Look out, Bay Area housing market.

#Update: Rents rising in the Bay Area (avg 1BR): San Francisco: $3,850* Mtn View: $3,500 Palo Alto: $3,390 Sunnyvale: $3,130 Santa Clara: $3,080 San Mateo: $2,830 San Jose: $2,550 Fremont: $2,500 Berkeley: $2,300 Oakland: $2,000 *Up 20% in one year. Source: Zumper

Today, outside the Musk v OpenAI trial…

#Breaking: Elon Musk has taken the stand and has been sworn in. Keep it here for updates.

#NEW: The 9 person jury has been chosen for the Musk v OpenAI trial. Opening arguments start tomorrow morning.

#New: The Elon Musk vs OpenAI trial is underway in Oakland. Jury selection is starting this morning. Potential jurors are being questioned. Some from the tech industry, some not.

#New: Highest new mortgage payments (yes, the top 5 are in California): San Jose: $4,016 San Francisco: $3,850 Oxnard: $3,401 Los Angeles: $3,366 San Diego: $3,225 Seattle: $2,976 Boston: $2,784 Stockton: $2,654 New York: $2,615 Source: LendingTree

#New: Philz Coffee reversal: Company says it will keep the Pride flags up in cafes, apologizes “to the LGBTQIA+ community that has been with us since the very beginning.”

#New: San Francisco Bay Area has reclaimed the title as most expensive metro area in the US. Median home price: $1.7 million. SF home prices rose 14.4% over the last year. US home prices rose 1.2% over the last year. Redfin says AI money is the spark.

It's the annual Ask a Manager salary survey! Every year, vastly fewer men fill this out than women. Men, please share your salary info (anonymously) so we have concrete salary comparisons to inform pay negotiations and fight the pay gap

Ask a Manager@askamanager.org · 4mo ago

#New: Bay Area rents (median 1BR): San Francisco: $3,790* Palo Alto: $3,610** Mtn View: $3,380 Sunnyvale: $3,130 Santa Clara: $3,040 Redwood City: $2,930 San Jose: $2,660 Berkeley: $2,270 Oakland: $2,000 *Up 18.5% in one year **Up 14.6% in one year Source: Zumper

#Update: Elizabeth Holmes has had a year of her sentence removed. US District Judge Edward Davila just took 12 months off of her original sentence of 11 years and three months. The reduction is from a 2023 amendment affecting certain offenders with no prior criminal history.

#Breaking: Verdict in the Elon Musk Twitter case: -Jury rules that Musk defrauded (intentionally misled) Twitter investors by disparaging the company in 2022, trying to buy it for less than his original $44 billion bid. Damages to be determined.

Alysa Liu Kehlani Ryan Coogler Delroy Lindo Zendaya Raphael Saadiq Oakland is killing it this month. (Sinners playing now at the Grand Lake Theater).