latest news in companies
Regulators Block EchoStar From Using $2.4 Billion 5G Fund for Internal Debts
Washington, Sunday, 2 August 2026.
The Federal Communications Commission ruled late July 2026 that EchoStar cannot tap a $2.4 billion 5G trust fund to settle an $8.8 billion internal debt, reserving the money for outside infrastructure contractors.
Elektros Secures Critical EV Patents and Expands Sierra Leone Lithium Mining Strategy
Freetown, Sunday, 2 August 2026.
Elektros Inc. is expanding its dual strategy by leveraging a patented multi-port EV charging technology and stockpiling 54 metric tons of African lithium ore to feed critical U.S. supply chains.
Capital One Cites Financial Risk Review in Closure of Trump Accounts
New York, Sunday, 2 August 2026.
Capital One terminated over 300 Trump Organization accounts following an internal anti-money laundering review, disputing claims of political discrimination raised in a federal lawsuit by the former president’s business.
Software Bug in Popular Bitcoin Hardware Wallet Allows Attackers to Drain 70 Million Dollars
New York, Saturday, 1 August 2026.
A five-year-old firmware error severely reduced security in Coldcard hardware wallets, allowing an attacker to drain over 70 million dollars in Bitcoin across 1,196 addresses in just 41 minutes.
FedEx expands artificial intelligence robotics to automate loading trucks at major Maryland facility
Hagerstown, Saturday, 1 August 2026.
Logistics leader FedEx expanded its partnership with Dexterity to deploy dual-armed robots capable of calculating millions of packing configurations in under a second to load trucks rapidly and safely.
