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Trump signs landmark executive order investing in quantum computing and cryptography security
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President Donald Trump announced a pair of executive orders investing in quantum computing Monday, moving forward an unprecedented partnership between government and industry while simultaneously moving to secure the U.S. from cryptographic threats. The first executive order, titled "Ushering In The Next Frontier Of Quantum Innovation," outlined a strategy to update the National Quantum Strategy by "promoting commercialization and deployment of" quantum technologies and partnering with industry leaders. To drive that point, Trump signed the order in the Oval Office alongside executives from technology companies with vested quantum interests including IBM and Google parent company Alphabet. Furthermore, the directive mandates administration officials from the Department of Energy (DOE), Department of War, the Director of National Intelligence (DNI) and the Director of the National Science Foundation (NSF) to submit to the Office of Management and Budget (OMB) ...
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Walmart acquires Vibe.co, which lets businesses create and buy ads on CTVs, sources say for $1.4B cash; top executives get $180M to stay for four years (Sarah Nassauer/Wall Street Journal)
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Sarah Nassauer / Wall Street Journal : Walmart acquires Vibe.co, which lets businesses create and buy ads on CTVs, sources say for $1.4B cash; top executives get $180M to stay for four years   —  Retail giant is paying $1.4 billion for Vibe.co, a company that enables advertising through connected TVs
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Chicago mayor ridiculed for touting trans violence 'state of emergency' amid murder-plagued Juneteenth weekend
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Chicago's mayor has become the subject of ridicule after promoting his transgender violence state of emergency amid a deadly Juneteenth weekend where dozens of people in his city were shot and six were killed. "Since declaring a Transfemicide State of Emergency, our administration has strengthened the City’s capacity to support LGBTQ+ Chicagoans," a Sunday X post from Mayor Brandon Johnson said. "This framework builds on that work by centering the voices and lived experiences of trans Chicagoans to chart a path toward a safer, more connected city." "Transfemicide" is defined as the "targeted killing of a transgender woman motivated by transphobic and misogynistic hatred." Critics were quick to point out that Johnson appears focused on promoting on Juneteenth weekend the fight against an obscure transgender violence category rather than the killing of black Chicagoans. CHICAGO'S DEADLY JUNETEENTH WEEKEND LEAVES 7 DEAD AS TRUMP SHAMES DEM...
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Sources: Vimeo owner Bending Spoons seeks to raise ~$1.62B in a US IPO, selling 58M shares at $26 to $28 apiece, at a valuation of $19B at the top of the range (Echo Wang/Reuters)
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Echo Wang / Reuters : Sources: Vimeo owner Bending Spoons seeks to raise ~$1.62B in a US IPO, selling 58M shares at $26 to $28 apiece, at a valuation of $19B at the top of the range   —  Bending Spoons, an Italian technology company that acquires and revamps software businesses, is seeking to raise as much as $1.62 billion …
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Toto, Japan's largest toilet maker, plans to invest $495M by 2030 to expand its semiconductor materials unit, targeting R&D for next-gen 1nm chip production (Nikkei Asia)
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Nikkei Asia : Toto, Japan's largest toilet maker, plans to invest $495M by 2030 to expand its semiconductor materials unit, targeting R&D for next-gen 1nm chip production   —  TOKYO/KITAKYUSHU, Japan — Bathroom fixtures maker Toto plans to invest 80 billion yen ($495 million) in the next five years …
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As Europe falls behind the US and China in consumer AI, its engineering companies and AI startups are turning to industrial AI applications to boost efficiency (Marilen Martin/Bloomberg)
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Marilen Martin / Bloomberg : As Europe falls behind the US and China in consumer AI, its engineering companies and AI startups are turning to industrial AI applications to boost efficiency   —  Pressure to become more efficient has Europe racing to bring artificial intelligence to the shop floor.
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SF-based Humble Robotics, which is developing an electric, self-driving cabless freight truck with 200 miles range and 55 mph max speed, raised $24M (Caroline Petrow-Cohen/Los Angeles Times)
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Caroline Petrow-Cohen / Los Angeles Times : SF-based Humble Robotics, which is developing an electric, self-driving cabless freight truck with 200 miles range and 55 mph max speed, raised $24M   —  - 7 min Click here to listen to this article  — San Francisco startup Humble Robotics has raised $24 million to build an electric …
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