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Office workers can lose a full workday every week just looking for information. Nurses can spend nearly 40% of their time charting sales. Reps can spend 70% of their week not selling. Gemini Enterprise makes work less work AI that understands your business with agents that can actually help get stuff done. Work is less work with Gemini Enterprise from Google Cloud.
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Here's your afternoon TNB Tech minute for Wednesday, July 1st. I'm Julie Chang for the Wall Street Journal. We exclusively report that SpaceX has developed a prototype for a handset like device designed to reshape how humans interact with AI. Elon Musk's Rocket and AI company showed it to some investors and other stakeholders ahead of the company's mega initial public offering. People familiar with the matter say the prototype feature a sleek design that is slimmer than an iPhone and that is made to run on a proprietary operating system and integrate technology from XAI. SpaceX told some investors that the project was at an early stage and that the design could change or not be made at all. Representatives for SpaceX didn't immediately respond to requests for comment. President Trump earned over a billion dollars last year on crypto deals. That's according to his latest financial disclosure report from Office of Government Ethics. These earnings included $635 million in royalties from an entity linked to his meme coin and more than $500 million from token sales by World Liberty Financial, the Trump family's flagship crypto project. The first family has made crypto a particular focus, and the president has also advanced policies to reduce industry regulations. Government ethics watchdogs have criticized Trump for expanding his business empire while in office. In a Tuesday, White House spokeswoman Anna Kelly said Trump had turned America into the crypto capital of the world and said that neither the president nor his family has ever engaged or will ever engage in conflicts of interest. And South Korean exports posted the strongest growth in nearly 50 years, driven by AI chip demand. Exports surged nearly 71% in June, compared with a year prior to a record $102.25 billion, the country's trade ministry said. Semiconductors remained the main drivers of shipment growth, which tripled from a year earlier, and the momentum seems poised to Continue. Samsung and SK Hynix announced plans to invest about $520 billion in new chipmaking hubs in southwest Korea as part of the president's push to boost investment in the semiconductor industry and AI infrastructure. And that's your TMB Tech minutes. Check back in the morning for another quick tech update.
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Office workers can lose a full workday every week just looking for information. Nurses can spend nearly 40% of their time charting. Sales reps can spend 70% of their week not selling. Gemini Enterprise makes work less work. AI that understands your business with agents that can actually help get stuff done. Work is less work with Gemini Enterprise from Google Cloud.
Date: July 1, 2026
Host: Julie Chang
In this Tech Minute edition of the WSJ Tech News Briefing, host Julie Chang delivers an exclusive scoop on SpaceX's secretive new AI device prototype, outlines Donald Trump’s enormous earnings from cryptocurrency ventures as reported in a fresh government disclosure, and spotlights record-smashing South Korean export numbers powered by AI-fueled chip demand.
SpaceX’s Secretive Approach:
Uncertainty of Launch:
Crypto and Policy:
Industry Growth:
The briefing retains the Wall Street Journal’s trademark succinct and factual style, underscored by industry insights, exclusives, and direct quotations without editorializing, delivered in a crisp, matter-of-fact tone.
For more rapid updates on the tech world, tune in to WSJ Tech News Briefing’s regular Tech Minute episodes.