Saw two stories today: Getty Images files for bankruptcy after AI pressures Character.ai filed for bankruptcy Meanwhile, there are some comments over the misinterpretation of the $80 billion loss on Anthropic. But here’s the thing — it’s an accounting thing. About $72 billion was a noncash accounting charge related to convertible bonds and other fundraising […]

ISSUE 23.36 • 2026-09-07 PUBLIC DEFENDER By Brian Livingston Spirit Airlines, an ultra-low-cost carrier that served nearly 90 destinations in the US, Latin America, and the Caribbean, went bankrupt and ceased all flight operations on May 2, 2026. Google, the search giant, won a competitive bidding process and will pay $10 million to buy Spirit’s […]