Welcome back to your daily memorandum talking tech, business, AI, markets, and more. 🗞️

In today’s edition, we are tackling the following:

🚫 Trump to reinstate and expand travel ban targeting 12 countries.
🎮 Nintendo Switch 2 launches with big games and massive preorder demand.
🚁 Walmart drone delivery expands to five new cities with Wing.
📉 P&G will cut 7,000 jobs amid a cost-saving restructuring plan.
🧠 Google enhances Gemini’s coding skills with 2.5 Pro update.

TECHNOLOGY

• Walmart and Wing expand drone delivery to five more U.S. cities

  • Walmart and Alphabet's Wing are launching drone delivery in five new cities, including Atlanta and Orlando, this year.

  • Drones will deliver items like medicine and eggs in under 30 minutes, aiming to serve up to 75% of metro populations.

  • This follows successful trials in Dallas and represents a major step in Walmart’s same-day delivery expansion.

• The Nintendo Switch 2 is here: all of the launch news

  • Nintendo officially launched the Switch 2 with a larger screen, enhanced processing power, and backward compatibility.

  • The new console arrives with major titles including Mario Kart World and Pokémon Legends: Arceus DX.

  • Early demand is high, with pre-orders sold out and limited stock expected at launch retailers this week.

• Google says its updated Gemini 2.5 Pro AI model is better at coding

  • Google unveiled an upgrade to Gemini 2.5 Pro, improving its capabilities in coding, reasoning, and scientific problem-solving.

  • The model generates more helpful, structured responses and better understands context across user inputs.

  • Available via Gemini Advanced, AI Studio, and Vertex AI, it’s expected to roll out more broadly this month.

BUSINESS

• Procter & Gamble to cut 7,000 jobs, exit brands as consumer uncertainty weighs

  • P&G will cut 7,000 jobs globally over two years due to market pressure and changing consumer demand.

  • The company plans to exit certain brands and categories while streamlining operations to reduce costs.

  • The restructuring is expected to cost up to $1.6 billion, including $400 million in non-cash charges.

• This Is How Much Trump Has Made From Crypto—So Far

  • Trump-backed tokens have earned him an estimated $7.5 million, more than some of his real estate properties.

  • His wallet has moved 64 million $TRUMP tokens, representing just 8% of the total supply so far.

  • Ethics concerns have been raised about Trump profiting from a crypto asset during an election cycle.

• Broadcom stock surges after earnings beat, stock split announcement

  • U.S. markets opened cautiously as investors weigh Broadcom’s earnings and persistent economic uncertainty.

  • Tech stocks are closely watched amid AI growth expectations and supply chain constraints.

  • Traders are balancing optimism around interest rates with caution over slowing global growth signals.

MARKETS

WORLD

• Trump Travel Ban Would Target 12 Countries

  • Trump plans to reinstate and expand his travel ban if re-elected, targeting 12 mostly Muslim-majority countries.

  • The proposal is framed as a national security measure but is criticized as discriminatory by civil rights groups.

  • Trump’s campaign claims the new ban would be broader and more systematic than the 2017 executive order.

• Trump Warns Putin Will Seek Revenge After Ukraine Drone Strike

  • Trump condemned the drone attack on Russian soil and warned of inevitable retaliation by Putin against Ukraine.

  • He used the incident to argue that such escalations wouldn’t happen under his administration.

  • Trump’s comments drew criticism for appearing to side with Russia amid the ongoing conflict with Ukraine.

• New Zealand Suspends Lawmakers After Māori Haka Protest

  • New Zealand’s parliament suspended several Māori lawmakers for performing a haka during a political protest.

  • The protest aimed to oppose legislation affecting Indigenous representation and rights.

  • The suspension sparked nationwide debate about cultural expression and political dissent in democratic institutions.

CONTENT

• The Psychoanalysis Of AI | Isabel Millar

  • Isabel Millar applies Lacanian psychoanalysis to AI, examining its relationship with desire, pleasure, and symbolic meaning.

  • She questions whether AI can experience ‘jouissance’ and how our assumptions of intelligence shape AI development.

  • Millar critiques ChatGPT and similar systems as reflections of our unconscious structures and philosophical projections.

• Sundar Pichai: CEO Of Google And Alphabet | Lex Fridman Podcast #471

  • Pichai discusses leadership at Google, the evolution of Gemini, and balancing innovation with responsibility in AI.

  • He explores future interfaces like Beam and XR Glasses and reflects on programming, Android, and AGI development.

  • Lex and Sundar address existential questions, including P(doom), and how humanity can prepare for AI’s impact.

• How The Smartest Founders Are Quietly Winning With AI

  • Jason Lemkin joins My First Million to talk about AI body doubles and how ChatGPT replaces traditional productivity tools.

  • Founders reveal how cloning themselves with AI is reshaping company culture, recruiting, and scalability.

  • The discussion highlights how startups like Delphi and Windsurf are using AI to outmaneuver big tech incumbents.

FUTURISM

• Can Robots Work Safely With Humans?

  • Engineers are developing systems that let robots work closely with humans without increasing risk or accidents.

  • Human-robot collaboration is already being tested in factories, hospitals, and warehouses.

  • Safety protocols and AI-driven behavior prediction are key to scaling this integration.

• Kepler Robotics Showcases K2 ‘Bumblebee’ Humanoid At ICRA 2025

  • K2 Bumblebee features 52 degrees of freedom and dexterous hands with pressure-sensitive fingertips.

  • The robot is designed for use in logistics, manufacturing, and dynamic environments.

  • It was demonstrated at the ICRA 2025 robotics conference as a leap in mobility and humanlike motion.

• MIT and NVIDIA Create Robot Tech That Plans Thousands Of Moves In Seconds

  • The new algorithm, cuTAMP, enables robots to compute 3,000 motion plans at once using GPU acceleration.

  • Robots can now complete complex pick-and-place tasks in seconds versus minutes.

  • This breakthrough could improve robot response times in industries like shipping, automotive, and food.

EXTRAS

• Way More Waymos Are Coming Near You

  • Waymo will expand its self-driving ride service to cities like Washington D.C., Atlanta, and Miami later this year.

  • The company has already completed over 10 million rides in cities like Phoenix, Los Angeles, and San Francisco.

  • The expansion reflects growing confidence in public safety and commercial viability for autonomous vehicle operations.

• Top 50 Women in Web3 and AI

  • CoinDesk highlights 50 influential women shaping the future of Web3 and AI across finance, policy, and development.

  • Selected honorees include technologists, founders, and regulators building ethical, decentralized, and inclusive digital systems.

  • The list represents a push for gender equity in blockchain and AI, fields historically dominated by men.

• Jeff Bezos’s WaPo Plans to Add Random Opinion Writers Edited by AI

  • The Washington Post is experimenting with AI-edited opinion pieces from a new pool of randomly selected writers.

  • The tool, called Ember, provides structure and feedback before human editors review and publish the work.

  • The initiative aims to attract new voices and increase engagement amid broader industry disruptions.

AND MORE

• Apple expands iPhone repairs in India through new Tata partnership.

• The European Central Bank cuts rates for the first time since 2019.

• Microsoft to offer free cybersecurity tools for European governments.

• Want a byte-sized version of Hacker News? Try TLDR’s free newsletter.*

• Vantage raises $5B to develop modern U.S. data centers amid AI boom.

• Despite tariffs, NYSE chief expects 2025 IPO rebound to gain momentum.

• Apple unveils iOS 26 with visionOS-inspired interface and major software updates.

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