Headlines From The Times

LA Times Studios

Get essential Los Angeles Times news highlights from the L.A. Times Studios in “Headlines From The Times.” Each episode brings you a bite-sized breakdown of the day’s top news stories and biggest headlines from California and beyond. From politics and climate to entertainment and food, you’ll get the basics behind the trending topics and key news stories that matter most.

  1. 3d ago

    Nvidia’s $500B AI Buildout With Wall Street Heavyweights, Nithya Raman Could Lose Key City Hall Leadership Role as Mayoral Race Heats Up, and New Video Podcasts Are Coming to Disney+ and Hulu

    Nvidia is partnering up with six asset managers, including BlackRock and Goldman Sachs, to bring half a trillion dollars into AI infrastructure — chips, power plants, and data centers. Nvidia CEO Jensen Huang says the goal is to connect its customers with lenders for loans and credit, though key details about the project remain unclear.  BlackRock’s Larry Fink says the move reminds him of the creation of mortgage-backed securities, treating AI compute as a new investable asset class.   Nithya Raman could lose her leadership role as chair of Los Angeles City Council’s Housing and Homelessness Committee. Council President Marqueece Harris-Dawson plans to split the committee into separate housing and homelessness panels, with Raman no longer leading either one. The political shakeup comes as Raman challenges incumbent Karen Bass for mayor of Los Angeles. Raman is accusing city leaders of political retaliation, while the Bass campaign is criticizing Raman’s record on homelessness. Homelessness remains one of the driving issues of the mayoral race.   Disney+ and Hulu are expanding their podcast offerings through a new deal with iHeartMedia. The partnership brings popular video podcasts — including "Hey Jonas!" with the Jonas Brothers and "Pod Meets World" — to the streaming platforms, with more shows arriving this fall.   And, Jackie, arguably the world’s most famous bald eagle, dies after mysterious illness.   Read more at https://LATimes.com

  2. Jul 30

    Trump Threatens to Pull AG Pick, Fed Holds Rates Steady Despite Inflation, Dodgers Owner Reportedly Under Federal Investigation, and Should AI Music Count on the Charts?

    President Trump is threatening to drop Todd Blanche as his pick for Attorney General until he can lock down Senate approval. The warning comes after Republican Senators Thom Tillis and John Cornyn signaled they'd vote no — both objecting to a deal Blanche struck settling Trump's IRS lawsuit, including a controversial "anti-weaponization fund" Cornyn says protects Trump and his family from tax audits.   Plus, the Federal Reserve holds interest rates steady, even as inflation sits above the central bank’s target, with the war in Iran disrupting trade routes and pushing energy prices higher.   Meanwhile, The financial empire of Dodgers and Lakers owner Mark Walter is reportedly under investigation by federal prosecutors and the Securities and Exchange Commission over $16 billion in loans tied to companies he controls. Authorities are examining whether the transactions were properly disclosed, while Walter's representatives say he acted in good faith and is cooperating with investigators.   And, Major record labels — including Sony Music, Universal Music Group, and Warner Music Group — are proposing new standards for how AI-generated music should be treated on official music charts. The guidelines say the songs can chart, but must meet strict requirements around copyright and human involvement. Songs that rely on fake streams or chart manipulation would also be disqualified. This comes as streaming platforms see a boom in AI-assisted songs, raising concerns about the future of the music industry.   Read more at https://LATimes.com

  3. Jul 24

    How Trump Media Could Profit From the President’s Truth Social Posts, Netflix Buys Ben Affleck's AI Company for $587 Million, and Homeless Nonprofit Faces Scrutiny Over CEO Contracts

    Trump Media & Technology Group is launching a new service that gives paying customers real time access to President Donald Trump's Truth Social posts, potentially milliseconds before others see them. The new "Truth API" could benefit institutional investors and high frequency trading firms, where even fractions of a second can be worth millions of dollars.   In this episode, we speak with L.A. Times business columnist Michael Hiltzik about the legal and ethical questions surrounding the service, why Wall Street reacts so quickly to the president's posts, and whether the $100,000 per month product could become a major new source of revenue for Trump Media as the company looks to offset steep financial losses.   Netflix has acquired Ben Affleck's AI film-tech startup, InterPositive, for $587 million. The company says the technology will help speed up filmmaking while keeping creators in control, as Hollywood continues to debate the future of AI in entertainment.   A Los Angeles Times investigation found that homeless nonprofit A Step to Freedom paid more than $1.7 million to companies owned by its CEO over three years. County officials later determined the food service contract created a conflict of interest, though no criminal allegations have been made against the organization.   Read more at https://LATimes.com

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Get essential Los Angeles Times news highlights from the L.A. Times Studios in “Headlines From The Times.” Each episode brings you a bite-sized breakdown of the day’s top news stories and biggest headlines from California and beyond. From politics and climate to entertainment and food, you’ll get the basics behind the trending topics and key news stories that matter most.

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