Wednesday, June 25, 2025

The Roundup

Article Icon 1Officers Injured, Suspect Killed in Texas Tech Shooting

Two Texas Tech police officers were shot early Tuesday morning while investigating a suspicious vehicle in a campus parking lot. The officers sustained non-life-threatening injuries, and the suspect was killed when the officers returned fire.

Officials have not provided the names of the suspect or the officers who were shot. One of the officers was released from the hospital, while the other is still receiving treatment.

Around 12:45 a.m., the two officers approached the vehicle, which had its doors open, in the parking lot on the north side of Jones AT&T Stadium. A person made “some furtive gestures around the vehicle” before pulling out a gun and firing on the officers.

The chief of the Texas Tech Police Department said the suspect is not affiliated with the university. The Lubbock Metropolitan Special Crimes Unit is investigating the shooting.

Article Icon 1Special Session Agenda

In addition to vetoing legislation to ban THC-infused hemp products, Gov. Greg Abbott vetoed over two dozen other bills late Sunday evening before calling a special session to revisit several issues addressed in those bills.

In addition to tackling THC regulation, Abbott has also tasked lawmakers with addressing judicial procedures, the prosecution of human trafficking and prostitution, the regulation of cement kilns, home title theft, and fees associated with new housing developments.

Among the bills Abbott vetoed and did not add to the special session agenda was one that would have ensured that a defendant is not imprisoned before trial for longer than the punishment if convicted, and another allowing teachers to serve on property appraisal review boards.

Abbott also used his line-item veto to cancel $60 million in spending from the state budget, which would have unlocked at least $400 million in federal funding to provide summer lunches for children in low-income families.

Article Icon 1Heavy Rains Reveal Ancient Fossil

A paleontologist from Dallas recently discovered the fossilized skull of an ancient amphibian at the Permian Quarry in Archer County after heavy rains washed away sediment covering the remains.

Andre LuJan, the director of the Texas Through Time Fossil Museum in Hillsboro, identified the skull as that of Eryops megacephalus, an extinct amphibian predator with a large, flat head. Its wide jaws suggest it wasn’t able to chew and instead swallowed prey by tossing its head back, similar to alligators and crocodiles.

This is an exciting discovery,” said LuJan. “It’s a well-known animal and not considered rare, but this discovery is significant because even though it’s damaged, it is nearly complete.”

Once the specimen is extracted, LuJan will take it to the museum for cleaning and restoration, a process that could take up to a year. A 3D scan will be provided to researchers to produce replicas.

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The Flyover

The Grid Can’t Handle AI—But This $6 Company Might

AI is booming.

But there’s a growing problem no one wants to admit: our infrastructure isn’t ready for it

The U.S. grid is already stretched thin. In many states, upgrades are decades overdue. Now layer on thousands of energy-hungry AI data centers — and it’s a recipe for blackouts, water shortages, and failure.¹

In fact, just this month, Bloomberg reported that AI data centers are draining millions of gallons of water from drought-prone areas in the U.S.⁹

Meanwhile, Saudi Arabia is taking the opposite approach—investing $100 billion to build ultra-modern AI power hubs that run on next-gen energy tech.

The U.S. needs a breakthrough. That’s where Next Thing Technologies comes in.

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Why it matters:

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  • They’re safer and scalable¹

Over 7,800 investors have already backed them with $7M+

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Around Texas

➤ Austin: The Texas Higher Education Coordinating Board has directed state colleges and universities to adjust the tuition of students who live in Texas but are in the country illegally. Earlier this month, a state law providing in-state tuition to such students was struck down. (More)

➤ State Sen. Joan Huffman, a Republican from Houston, announced she is running to replace Attorney General Ken Paxton as the state’s chief legal officer. She joins fellow State Sen. Mayes Middleton (R-Galveston) and Aaron Reitz, a former staffer for Paxton. (More)

➤ Starbase: The city approved requests from SpaceX to restrict access to public streets by installing security gates near four intersections. “It’s basically to regulate the constant flow of visitors that are just coming through here,” said City Manager Kent Myers. (See Details)

➤ Congresswoman Jasmine Crockett (D-Dallas) withdrew from consideration to become the ranking member of the House Oversight Committee, citing opposition from her Democratic colleagues to her confrontational style. (More)

➤ Livingston: Polk County deputies arrested 23-year-old Mario Bernal on Sunday after he allegedly made threats toward Camp Cho-Yeh. Bernal is a former employee of the Christian summer camp. (See Details)

➤ Austin: Lt. Gov. Dan Patrick accused Gov. Greg Abbott of trying to legalize marijuana in Texas by vetoing legislation that would have banned THC-containing products. “I don’t want my kids, my grandkids, growing up in a state where everybody’s high,” he said. (More)

➤ Fort Hood: Signage at the Frank W. Mayborn Gate off U.S. Highway 190 was updated with the Army post’s new name yesterday morning. (See Photo)


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Texas Sports

➤ The Dallas Mavericks and San Antonio Spurs hold the first two picks in tonight’s NBA draft. (Draft Tracker)

College Station will host 128 teams for the 7-on-7 state football tournament beginning tomorrow. DeSoto High School is a favorite after winning the competition last season. (More)

➤ The Pac-12 has engaged Texas State about becoming a member of the conference. The Bobcats have competed in the Sun Belt Conference since 2013. (More)

The Dallas Mavericks signed center Daniel Gafford to a three-year, $54 million contract extension. (More)

Yesterday’s Results: MLB | Soccer | WNBA

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The Business Of Texas

An exchange-traded fund (ETF) composed of nearly 200 Texas-based companies began trading on the Nasdaq yesterday. The BlackRock fund’s ticker symbol is TEXN. (More)

Fort Worth-based Merit Street Media, the company founded by celebrity psychologist Phil McGraw, has laid off about 40 employees as the Dr. Phil Show was placed on a “summer hiatus.” Thirty-eight staffers were terminated in August of last year. (More)

The number of millionaires renting in Houston increased from seven in 2019 to 179 in 2023, a rate of growth that leads the nation during that period. (More)

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AI is already overwhelming our energy grid¹—and Big Tech knows it.¹⁰ That’s why they’re racing¹⁰ to find cheaper, scalable battery solutions.

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Over 7,800 investors have already contributed more than $7M

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Et Cetera

➤ Social media users have noted an increase in the number of shark encounters near Galveston. A Texas Parks and Wildlife expert said the uptick is likely due to recent shark births in the bay’s shallow waters during the current breeding season. (More)

➤ Texas ranks fourth in the nation for injuries sustained at amusement parks, according to a recent analysis by a personal injury law firm. Between 2019 and 2023, an estimated 7,962 injuries occurred at amusement parks across the state, a rate of 25.44 injuries per 100,000 residents. (More)

Daniel Chambers, an English teacher from Claude, wrote a children’s book for his newborn son, Bobby Jack. “The entire purpose behind this book is to share our faith in Jesus Christ through the lens of Claude, Texas,” said Chambers. (More)

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The Polling Station

Are you interested in buying shares of TEXN?

  1. Yes
  2. No

 

Yesterday’s Results:

Do you agree with Gov. Abbott’s decision to veto the ban on products containing THC?

  1. Yes: 73%
  2. No: 27%
Texas Trivia

Former students at a West Texas university hauled a desk to the top of a nearby hill in 1979. What university did they attend?

Show me the answer

Please refer to our full Disclosures page [http://www.nextthing.tech/email-disclosure] to see important information regarding the statements made herein, sometimes identified by superscript numbers (¹, ², etc.). Forward-looking statements, performance and progress claims (cost, safety, longevity), and market data are speculative estimates based on current assumptions, involve risks, and are not guaranteed. Past performance does not predict future results, specific data requires verification, third-party mentions are informational only, and offer terms may change without notice. Investing involves risks, including loss of principal. Please read the Offering Circular [http://edgar.secdatabase.com/61/121390024095418/filing-main.htm] before investing. Rainmaker Ad Ventures is paid by Next Thing Technologies for promoting their securities offering. Payment is in cash and billed monthly. As of the end of May, Rainmaker has received $13,800. Additional fees may have accrued since then.
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