Twitter is in financial meltdown, says CNN's John Sutter. The company has $13 billion in debt and will not go out at 100 cents on the dollar, he says. "He'll sell it to a bunch of imbeciles like yourselves and he'll run away with the money," Sutter adds.
Elizabeth Holmes goes to prison, the Sackler family escapes liability, and Twitter's valuation drops even lower. Also, Congress votes to raise the debt ceiling, but did Speaker McCarthy get floored? Leading AI scientists and entrepreneurs warn of possible extinction. Kara and Scott weigh the odds.
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