Topic
Court-supervised proceedings in which a bankrupt company's assets—including data, IP, and physical property—are sold off to repay creditors.
A bankruptcy court in Manhattan just put a clearing price on internal chatter: 100 million emails and 500 million Teams messages, sold to train AI models.
Perspective Coverage
4 publishersReality
Google outbid Mercor by $2.5 million for a dead airline's Teams messages, calendars and codebase. Leaders need a data-disposition position before the wind-down, not during it.
Reality
The Spirit Airlines bankruptcy auction put a price on a defunct company's internal records. The union's objection shows the scrubbing standard was written for customers, not staff.
Perspective Coverage
4 publishersReality
The sale turns a defunct airline's internal communications into an asset lot, priced at $10 million for the emails, the Teams chats, the code repository and personnel files going back to 1986.
Reality
A bankruptcy auction put a dead airline's internal chat in front of Gemini, and the flight attendants' union has stalled it by arguing that deidentification standards cover consumers only. SpaceX is reportedly looking for similar data.
Perspective Coverage
3 publishersReality
Google bid $10 million for Spirit Airlines' archive of emails, Teams messages and operational data. The aviation software company Springshot says part of that operational record was generated by its platform and was never Spirit's to sell.
Reality
Google's $10 million bid for the bankrupt airline's data estate covers 500 million Teams records and 175,000 employee files. The flight attendants' union says the employee half was never anyone's to sell.
Reality
Micro1's late $12.5 million topping bid for Spirit Airlines' internal records puts a number on operational archives. Every company with decades of email now has a valuation problem and a consent problem.
Perspective Coverage
3 publishersReality
A bankruptcy judge delayed Google's $10 million purchase of Spirit Airlines' internal data after flight attendants argued de-identification preserves everything that made the records sensitive.
Reality