EchoStar-subsidiary Dish DBS cut its outstanding debt by more than $4 billion after emerging from Chapter 11 bankruptcy protection, according to a filing with the US Securities and Exchange Commission.

The reduction included debt restructuring, full repayment of Dish DBS’ 7.75% senior notes due 1 July 2026 and a partial early repayment of its 5.25% senior secured notes due 1 December 2026. The prepackaged Chapter 11 plan took effect yesterday (1 October).

Dish DBS and certain subsidiaries, including Dish Wireless and its subsidiaries, filed for Chapter 11 protection on 30 June 2026 in the US Bankruptcy Court for the Southern District of Texas under a plan largely agreed with creditors in advance.

The companies split the restructuring into separate plans for Dish DBS and Dish Wireless on 27 August. The court approved the Dish DBS plan on 29 September, and it took effect two days later.

Dish DBS and its guarantors also entered three supplemental indentures covering its notes. Wilmington Savings Fund Society serves as successor trustee, while US Bank Trust Company acts as collateral agent and trustee. EchoStar will file the agreements as exhibits to its next Form 10-Q.

Dish DBS was deconsolidated from EchoStar’s financial statements from 30 June 2026 due to the bankruptcy filing. EchoStar will consolidate the business again from 1 October following its exit from Chapter 11.

The restructuring implements terms of a support agreement EchoStar disclosed in March after negotiations with creditors. Dish Wireless remains in bankruptcy proceedings under a separate plan.

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US President Donald Trump (pictured) reportedly continued to dismiss concerns about any threat AI poses to humanity while repeating his claim guardrails would impede its development.

In a wide-ranging interview with Time Magazine published yesterday (1 October), Trump stated he liked Anthropic CEO Dario Amodei after a recent dinner. He praised the executive’s intelligence and claimed Amodei’s actual views differed from how they were portrayed in the media.

In mid-June 2026, the Trump administration issued a directive instructing Anthropic to suspend access to its advanced models over national security concerns related to potential jailbreaking vulnerabilities but then reversed course around a month later.

“I liked him and his wife a lot,” Trump told Time Magazine. “Very smart guy. Maybe different than I thought, a little bit. Really a little bit different. But no, he understands.”

Trump hosted a meeting at the White House with some of the top AI executives, including Amodei, on 29 September, which led to participants signing a voluntary framework focused on industry self-regulation and internal oversight.

The president has opposed any sort of guardrails for AI from the government, claiming they would hamper development and lead to China overtaking the US. Trump told Time Magazine his guardrail against AI labs is enforcement by the Federal Bureau of Investigation and the US Department of Justice.

“Look, I say, if you’re going to seek regulation, they can put you out of business,” he said in the magazine interview. “Now you do have to be responsible for yourself, and there aren’t a lot of people that understand what’s going on”.

“This is a new one that is much different than people have ever seen before. But my attitude is, we’re winning against the world by a lot, and I want to keep winning,” he added.

Time Magazine noted 71% of US citizens oppose building data centres while 57% believe AI will do more harm than good. Trump has repeatedly referred to AI concerns as a hoax.

In the interview he claimed data centres “make a fortune” and would lead to lower taxes.

Trump also indicated he could be interested in the US government owning a stake in in Anthropic or OpenAI, similar to the deal he struck with Intel.

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Samsung reportedly raised prices across most of its flagship Galaxy S26 range as a global memory shortage pushed component costs up.

Bloomberg reported prices for the Galaxy S26, S26+ and flagship S26 Ultra increased by $100 each, taking starting figures to $1,000, $1,200, and $1,400.

The high-end 1TB S26 Ultra now starts at $2,000, up $200, Bloomberg wrote.

Demand for high-bandwidth memory used in AI infrastructure and data centres has tightened supplies of DRAM and mobile memory chips over the past year, increasing the bill-of-materials for smartphones, PCs and games consoles.

Bloomberg noted Apple’s iPhone 18 Pro range is more costly than previous editions and the vendor recently raised prices for some older models.

It highlighted Google’s Pixel 11 devices are also pricier than their predecessors.

Bloomberg noted the price of Samsung’s entry-level Galaxy S26 FE remains at the $700 set at its launch in August. The fee is $50 higher than the comparable previous model.

The news outlet highlighted Samsung held the prices of its Galaxy Z Fold 8, Z Fold 8 Ultra and Z Flip 8.

Bloomberg also flagged the $1,900 price tag on the Galaxy Z Fold 8 as being less than the $1,999 price Apple plans to charge for its iPhone Duo, which is scheduled to launch on 23 October.

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