Scott Budman

Silicon Valley

Technology and Business Reporter at NBC News

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

Articles

Groups concerend as Chan-Zuckerberg Initiative steps away from funding housing programs

1 week ago | nbcbayarea.com | Scott Budman

The Chan-Zuckerberg Initiative said it will move away from funding affordable housing groups to focus on science initiatives. Although housing groups, many of which said they are grateful for the support over the years, are now facing a large gap to fill.
Groups concerned as Chan-Zuckerberg Initiative steps away from funding housing programs

1 week ago | nbcbayarea.com | Scott Budman

The Chan-Zuckerberg Initiative said it will move away from funding affordable housing groups to focus on science initiatives. Although housing groups, many of which said they are grateful for the support over the years, are now facing a large gap to fill.
What to know about World and its identity verification system

1 week ago | nbcbayarea.com | Scott Budman

A Bay Area tech startup is getting a lot of attention – or more specifically looks – because of what it wants from its customers: a retina scan. The company is called World, and it makes an identity verification system called the Orb. What it does is have people look into a machine to scan their eyes to prove that they're a human and not an AI bot.
Silicon Valley company’s robotic technology helping fight cancer

2 weeks ago | nbcbayarea.com | Scott Budman

A Silicon Valley company that makes life-saving technology got a rare chance to show off to one of the people it helped save on Tuesday. The company is called Intuitive Surgical and is based in Sunnyvale. As of this year, it's been around for 30 years.
RSA Conference begins in San Francisco

2 weeks ago | nbcbayarea.com | Scott Budman

It’s a big week for tech in San Francisco. The brightest minds from all over the world are in San Francisco for the annual RSA Cyber Security Convention. Watch NBC Bay Area News free wherever you are This year's RSA convention combines two of the hottest things in tech right now, AI and cyber security. The executives said AI is a threat to our online security, but it's also something they're using to help keep us safe. Scott Budman has more in the video above.
Bay Area young adults priced out of home ownership, choose to rent

2 weeks ago | nbcbayarea.com | Scott Budman

A new survey showed that in almost every large American city, it is cheaper to rent than to buy a home. But nowhere is the gap bigger than in the Bay Area. Many young adults across the region said they are priced out of home ownership. According to Bankrate, it's nearly 200% more expensive to pay a mortgage in San Francisco than to pay rent. And it's 186% more expensive in San Jose and 120% in Seattle, another technology hotspot. Scott Budman has the full report in the video above.
Zillow forecasts Bay Area home prices will drop 5% this year

3 weeks ago | nbcbayarea.com | Scott Budman

Home data tracker Zillow is making a bold prediction about the Bay Area housing market. They predict that the region’s home prices are about to fall. Some sellers are trying to take advantage of the high price market and usually, more people plan to move during the spring season. But would-be homebuyers are nervous about the state of the economy, the stock market and mortgage rates rising again back near 7%. Now, Zillow said that combo could lead to a 5% drop in local home prices this year.
Can you believe it? YouTube is 20 years old

3 weeks ago | nbcbayarea.com | Scott Budman

Do you remember what you were doing in 2005? It's possible you were among the first to check out a new video site dubbed YouTube. Trillions of video views later, the popular video platform celebrated 20 years online Wednesday. Nearly everyone these days knows the name YouTube and its place as a must-see destination for a variety of content, but the site actually got off to a very gradual start. But when it caught on, it caught fire. Just a year after it launched, Google bought it for $1.6 billion.
Napa County winery using AI to reduce carbon footprint

3 weeks ago | nbcbayarea.com | Scott Budman

Wine Country, one of the Bay Area's most famous industries, is getting cleaner with artificial intelligence. Domaine Carneros, a Napa-based winery, is using the technology to both reduce its carbon footprint and save money. Business and Tech Reporter Scott Budman takes a look in the video above.
Home sales, inventory up across the Bay Area, figures show

3 weeks ago | nbcbayarea.com | Scott Budman

Recent figures showed home sales and inventory are up across the Bay Area, even though the median home price remains the highest in the nation. Despite the rise, real estate agents said the concern looking forward is the drop in the stock market and the uncertainty people are feeling about their financial futures. "I am seeing more inventory, I'm not seeing deadlines on offer dates as much right now.