Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Musk subpoenas Twitter whistleblower as he battles to end takeover deal

by August 30, 2022
August 30, 2022
Musk subpoenas Twitter whistleblower as he battles to end takeover deal

Elon Musk has subpoenaed a former Twitter employee who has accused the social media company of poor spam policies and security vulnerabilities as the billionaire battles to get out of his $44bn agreement to buy Twitter.

Musk is seeking documents and communications from Twitter’s former security chief, Peiter Zatko, who last week filed an 84-page whistleblower complaint claiming the company is running dangerously outdated software and falling behind in its battle against spam accounts.

Musk is also seeking information about alleged attempts to hide security weaknesses and “Twitter’s engagement in any unlawful activity”.

Zatko’s allegations come weeks after Musk announced he intended to walk away from his deal to buy Twitter. Musk has argued Twitter misled him and regulators about the true number of spam or bot accounts on the microblogging platform.

A noted hacker widely known as “Mudge”, Zatko was hired by Twitter in 2020 to strengthen the company’s security after a mass hack targeted 130 high-profile accounts.

He ended his stint as the head of Twitter’s security this year and has said in a whistleblower complaint that the company has deceived users, board members and the federal government about the strength of its security measures.

Twitter has denied Zatko’s accusations and has said that he was fired for poor performance and leadership.

The two sides have sued each other and are heading to a five-day trial on 17 October. Musk wants out of the deal and Twitter is asking Chancellor Kathaleen McCormick of the Delaware court of chancery to order him to buy the company for the agreed $54.20 per share.

A Twitter attorney said at a court hearing last week that Musk’s focus on spam as a way to end his agreement to buy the company was “legally irrelevant” because Twitter always said its spam counts were only estimates, not binding representations.

Twitter’s stock was down slightly at $40.36 on Monday morning in New York. Twitter declined to comment for this article.

Read more:
Musk subpoenas Twitter whistleblower as he battles to end takeover deal

0
FacebookTwitterGoogle +Pinterest
previous post
Data company sued by US government amid fears of sensitive location tracking
next post
Pubs and brewers warn of closure as energy bills soar

You may also like

Bosses warn Sunak scaling back HS2 will hurt...

September 24, 2023

Supply chains remain a major problem for Mini

August 4, 2022

Package holiday demand dips as UK cost of...

December 9, 2022

5 Top-Rated Outsourcing Companies for Technical Support

February 27, 2025

Is the Sharing Economy Relevant to B2B Sectors?

February 27, 2024

One in five SME owners planning to sell...

September 28, 2023

Totally Welsh Brings the Cream of the Crop...

November 16, 2023

Longer lorries to be allowed on UK roads

May 10, 2023

The Importance of Family Dentistry: Insights from Bridgewater...

June 6, 2023

Keir Starmer promises state energy supplier in speech...

September 27, 2022

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Europeans meet with Iranian officials face-to-face for first time since Israel, US bombings as sanctions loom

      July 26, 2025
    • Trump’s executive order on birthright citizenship blocked by another federal appeals judge in latest ruling

      July 26, 2025
    • Michelle Obama portraitist’s exhibit with trans Statue of Liberty pulled after pressure from Vance

      July 25, 2025
    • Can the White House Denaturalize Domestic Opponents?

      July 25, 2025
    • An Updated Interview with George Selgin on Free Banking and Bitcoin

      July 25, 2025
    • Pentagon freezes out DC think tanks in new move, citing ‘America last’ concerns

      July 25, 2025

    Categories

    • Business (8,576)
    • Investing (2,151)
    • Politics (16,203)
    • Stocks (3,228)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved