latest news in companies
Jaguar Health Advances Rare Disease Treatment Following Promising Trial Results
San Francisco, Wednesday, 19 August 2026.
Jaguar Health reported promising trial data showing its drug crofelemer reduced intravenous nutritional support by up to 48% in children with a rare disease, driving plans for a 2027 FDA submission.
Crypto Stocks Rise as White House Hosts Industry Leaders
New York, Wednesday, 19 August 2026.
Cryptocurrency stocks surged following a White House meeting between President Donald Trump, regulators, and industry leaders, alongside Bitcoin breaking above $65,000 to signal growing political and regulatory support.
Coinbase Faces Wall Street Pressure Following Declining Revenue and Lower Price Targets
New York, Wednesday, 19 August 2026.
Wall Street analysts reduced Coinbase price targets after consecutive earnings misses, driven by a sharp drop in trading volumes, signaling near-term financial challenges despite long-term expansion efforts.
Police AI Tool Expands Surveillance Beyond License Plates
Atlanta, Wednesday, 19 August 2026.
Surveillance firm Flock Safety is facing intense scrutiny following revelations that its next-generation artificial intelligence system, OS Investigate, extends far beyond simple license plate reads. Codebase analysis reveals the platform cross-references real-time camera data with commercial databases—including Social Security numbers and home addresses—to track driver movement patterns and identify personal associates. Processing over 20 billion monthly plate scans across 6,000 communities, the $7.5 billion company allows police to run automated, warrantless profile checks. Amid mounting privacy lawsuits and widespread reports of officer misuse, Flock Safety introduced security guardrails in August 2026, including shortening default data retention from 30 days to seven. However, civil liberties advocates argue these self-imposed measures fail to address core constitutional concerns regarding mass automated tracking.
How Artificial Intelligence Allowed Arrive AI to Cut One-Fifth of Its Staff
Indianapolis, Wednesday, 19 August 2026.
By replacing routine tasks with internal artificial intelligence, Arrive AI slashed 20% of its workforce, aiming to save $1.5 million annually while challenging traditional corporate hiring models.