David Lazarus

David Lazarus

@davidlaz.bsky.social

Emmy-winning money guy for KTLA Channel 5. Former LA Times. I get my kicks above the waistline, sunshine.

4.3K followers128 following5.7K posts

Coming up on #KTLA: AI heavyweight Anthropic says it lost $80 billion in the first half of the year and can't control its technology. Nevertheless, the company's upcoming IPO could be the biggest ever

In which yours truly observes: 'Anthropic is clearly one of the leaders of the AI industry, and no investor wants to miss out on what they’re hoping could be the next Google. But when you look under the hood of the company’s IPO filing, you see nothing but red flags' ktla.com/news/nationw...

ktla.comAnthropic could make IPO history, but there’s a catchAnthropic, the San Francisco-based artificial intelligence giant, filed paperwork Monday to go public in what experts believe could be the largest stock IPO ever. In its filing, the five-year-old c…

Coming up on #KTLA: DoorDash is reportedly close to acquiring rival InstaCart, representing potentially major consolidation among food delivery services (which could mean higher fees)

Coming up on #KTLA: Anthropic files for what will likely be the biggest IPO ever. The company lost $80 billion in the first half of the year, and warns that it could lose control of its AI agents and that they could devastate society

David Lazarus reposted

First to blink has to eat dinner with the lizards.

David Lazarus@davidlaz.bsky.social

Man, I like it when I glance up from the newspaper and see the critters just hanging out

‘Several’?

The Washington Post@washingtonpost.com

Bernie Taupin has acted as Elton John’s right-hand man, writing lyrics for “Goodbye Yellow Brick Road” and several other hits. Now, at 76, Taupin has finished working on something he’d never attempted before: A solo album of country-tinged material.

A neighbor spotted a family of possums under my car last night, so I’m glad I deferred the suspension work. My dealer completely overlooked the presence of marsupials in the undercarriage

David Lazarus@davidlaz.bsky.social

I'd feel a whole lot more comfortable with my car dealer saying I need $2,000 worth of suspension work if they didn't also want to charge $50 to change the license plate light bulb

I'd feel a whole lot more comfortable with my car dealer saying I need $2,000 worth of suspension work if they didn't also want to charge $50 to change the license plate light bulb

Coming up on #KTLA: It's estimated that tariffs added about $1,200 in costs to U.S. households before the Supreme Court ruled the taxes illegal. That money is now being refunded to retailers. Are they in turn giving it back to customers in the form of lower prices? Apparently not

Coming up on #KTLA: Elon Musk's SpaceX is reportedly on the hunt for about 80,000 cell towers as it prepares to launch a nationwide wireless service to compete with Verizon, AT&T and T-Mobile

Coming up on #KTLA: Fewer people are flying because of soaring fares. But airlines say that's fine because those do fly are willing to pay a whole lot more for premium seats that generate a lot more revenue than coach

Coming up on #KTLA: Meta CEO Mark Zuckerberg is so upset with California's potential one-time wealth tax to help fund education and healthcare, he's strong-armed his company's board to cover the billions he'd owe if the tax passes

Coming up on #KTLA: Elon Musk, the world's richest man, has reportedly invested $1 billion in Skydance, which racked up $80 billion in debt after acquiring Warner Bros Discovery. Musk, like Skydance CEO David Ellison, is a prominent supporter of President Trump

Coming up on #KTLA: A new study finds many Americans are cutting back on grocery purchases so they can heat their homes this fall and winter. Many others are opting to be cold so they can have food on the table

David Lazarus reposted

The Lovely Mrs Laz reports that as soon as it started raining in our neighborhood, Lupin came running inside all wet and puffed up, and immediately comforted himself with some blanket therapy

Coming up on #KTLA: A SpaceX-Tesla merger now looks likely after Elon Musk -- CEO of both companies -- says steps are being taken to explore what would be one of the largest corporate hookups ever. But does it make business sense?

The Lovely Mrs Laz reports that as soon as it started raining in our neighborhood, Lupin came running inside all wet and puffed up, and immediately comforted himself with some blanket therapy

Coming up on #KTLA: A SpaceX-Tesla merger seems all but certain. It would be one of the largest such deals ever and would cement Elon Musk's status as the world's richest person. That used to be the sort of thing that worried society

Coming up on #KTLA: Big earnings from companies ending in X. Netflix has a solid quarter but growth is slowing. SpaceX sees its revenue soar by 160%, but almost all its earnings come from its satellite internet service, not, you know, space

Coming up on #KTLA: GM is spending $50 billion buying back its own stock to boost the price and keep shareholders happy. That's $50 billion it isn't spending on workers' pay and benefits, and $50 billion it isn't spending on research into more fuel-efficient vehicles

Coming up on #KTLA: United's CEO says the airline is comfortable charging more for window and aisle seats. The NYT accurately frames that as charging more not to sit in the hated middle seat

Coming up on #KTLA: Elon Musk has a spotty record as a philanthropist. So what are we to make of his pledge to give away more than $10 billion worth of SpaceX shares to millions of American kids?

Coming up on #KTLA: Oracle, founded by billionaire Larry Ellison, is one of the biggest companies in Silicon Valley. It's also in danger of having its debt downgraded to junk status as it goes deep on AI borrowing