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chief, Peiter Zatko, who last week filed an 84-page whistleblower complaint claiming the company is running dangerously outdated software and falling behind in its battle against spam accounts.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

Nearly a third of the world’s biggest news...

September 19, 2023

TikTok fined £296m by watchdog over how it...

September 15, 2023

Victoria Beckham injects £6.9m into fashion empire after...

August 31, 2024

The Essential Technologies Driving Building Decarbonization

October 13, 2024

How Therapy Can Support Your Personal Growth

February 20, 2024

The 3 FASTEST Broadband Deals Right Now in...

December 20, 2022

UK commits to further talks with EU to...

January 17, 2023

Raising venture debt as an early-stage business –...

September 11, 2023

Consumers Continue to Pay with Credit Cards —...

October 19, 2022

Workplace Accidents and How to Prevent Them

March 13, 2023

    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

    • The real breakthrough in U.S.–China trade talks is much bigger than just tariffs

      May 15, 2025
    • Dem senator says ‘no doubt’ Biden declined cognitively during presidency

      May 15, 2025
    • Trump makes historic UAE visit as first US president in nearly 30 years

      May 15, 2025
    • GOP reps, advocacy group to target competitive House districts in Trump tax-cut push

      May 15, 2025
    • Biden’s pandemic playbook failed. Trump just offered a smarter path forward

      May 15, 2025
    • MP launches bill to make polluters pay for climate damage and resilience

      May 15, 2025

    Categories

    • Business (7,966)
    • Investing (1,959)
    • Politics (15,230)
    • Stocks (3,084)
    • 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