Tootfinder

Bank accounts held by President Donald Trump were closed by Capital One in 2021
-- after it flagged financial activity that had characteristics of money laundering, the bank disclosed in a court filing over the weekend.
The court filing is tied to a lawsuit filed against Capital One by one of Trump’s financial holding companies shortly after he was sworn into office a second time.
Trump alleges that Capital One illegally closed his accounts for political reasons, following …

Trump accounts at Capital One were closed in 2021 over money laundering concerns
Capital One closed President Donald Trump’s accounts in mid-2021 after flagging financial activity that resembled money laundering. The bank disclosed this in a court filing over the weekend. Trump has sued Capital One, alleging the closures were politically motivated following the Jan. 6 Capitol attacks. Capital One seeks to dismiss the lawsuit, stating the closures followed months of analysis by its anti-money laundering team. Trump has also sued JPMorgan Chase, claiming similar political m…

#CapitalOne Cites Money Laundering Review in #Trump-Related Suit https://finance.yah…

SpaceX reported Q2 2026 results with revenue of $7.8 billion versus $6.81 billion expected,
but the stock fell after the report.
It also posted adjusted EBITDA (earnings before interest, taxes, depreciation and amortization)
of $3.5 billion,
while heavy AI infrastructure spending drove a large AI operating loss and high capital expenditures
Following the earnings report, SpaceX's stock declined due to concerns over high capital expenditures and AI spending.…

UK-based StirlingX, which develops secure data intelligence systems for defense and critical infrastructure, raised a $20M Series A, following a $11M seed (Cate Lawrence/Tech.eu)
https://tech.eu/2026/07/02/stirlingx-secures-20m-series-a-to…

StirlingX secures $20M Series A to expand sovereign intelligence platform
British data intelligence company StirlingX has raised a $20 million Series A round from Ventura Capital and RCM Private Markets Master Fund managed by Rokos Capital Management US (LP). The funding comes just months after its $11 million Seed round in response to significant commercial traction. StirlingX is a data intelligence provider, disguised as a drone company, building a sovereign intelligence and autonomy platform to help customers capture, secure, fuse, analyse and act on data from c…

Filing: a major Cumulus Media post-bankruptcy stakeholder is likely to be Alden Global Capital President Heath Freeman, who may hold a 31.86% voting interest (Cameron Coats/Radio Ink)
https://radioink.com/2026/07/29/notorious-newsroom-job-slasher-gr…

Notorious Newsroom Job Slasher Grabs Big Stake in Cumulus - Radio Ink
FCC filings show notorious "vulture" capitalist Heath Freeman is set to hold a 31.86% stake in the reorganized Cumulus Media.

The Russian strikes tormenting Ukraine’s capital in recent days have had an ominous new feature:
jet-powered drones.
Significantly faster and harder to intercept than the propeller-driven drones that have stalked Ukraine’s skies for years,
these munitions are stretching air defenses and stoking anxiety about what analysts and officials predict will be a dangerous new stage of the war
With jet engines
drones can carry heavier explosive payloads,
flying farth…

The New Jet-Powered Drones That Are Breeding Anxiety in Ukraine
These Russian drones are more destructive, faster and harder to shoot down than the propeller-driven models that Moscow has used throughout the war.

Michael Roberts on why 'Rentier Capitalism' is a misleading understanding.
EU companies: a ‘capitalism of rent’? – Michael Roberts Blog
https://thenextrecession.wordpress.com/2026/07/20/eu-companies-a-capitalism-of-rent/

EU companies: a ‘capitalism of rent’?
Why is Europe falling behind in investment and growth compared with the US, let alone China and India?  In a new report, Labour Squeezed, Investment Stalled – the renowned economist Mariana Mazzuca…

FIling: Lone Palm Labs, the startup behind friend-focused photo sharing app Retro, raised a $21M Series A from Thrive Capital and others (Sydney Bradley/Business Insider)
https://www.businessinsider.com/alternative-social-media-ap…

Instagram alternative Retro raises $21M for close friends sharing
In 2023, ex-Instagram employees launched a new app called Retro. It's one of many new social media apps taking on Big Tech platforms.

Donald Trump raked in more than
$1billion from his crypto businesses last year, a federal filing released Monday shows,
giving a substantial boost to his annual income.
In his second term, Trump and his family have heavily invested in digital money and various crypto businesses
with Trump announcing at the start of 2025 that he wanted the US to be the “crypto capital of the world”.
Trump’s crypto earnings are in addition to profit from his legal settlements, real…

Alarm bells over conflict of interest as filing shows Trump raked in $2bn in 2025
Crypto ventures eclipse much of property portfolio, with revenue also coming from Trump-branded products

SEC filing: OpenAI invests ~$400M in its second startup fund, after it raised $175M for its first fund in 2021 from outside investors, including Microsoft (Sarah Klearman/Wall Street Journal)
https://www.wsj.com/pro/venture-capital/open…