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A former Twitter executive turned whistleblower appeared before the Senate Judiciary Committee and said that the company is misleading the public, lawmakers, regulators and even its own board of directors. Peiter “Mudge” Zatko, Twitter’s former head of security, also said the social media company is more than a decade behind industry security standards putting users’…
Elon Musk has submitted more paperwork to the court in the legal fight with Twitter. This time, Musk cited a recent whistleblower’s claims as further reason the acquisition is invalid. Last week, the former head of security at Twitter, agreed to be identified as Peiter “Mudge” Zatko, said the social media platform has “extreme and…
Twitter is reportedly rife with security problems, failing to protect user data and lying about it to the company’s board and federal regulators. Those are the accusations in a damning whistleblower report by Twitter’s former security chief, according to documents obtained first by CNN and The Washington Post. Peiter “Mudge” Zatko is a renowned hacker…
Ahead of Twitter and Elon Musk going head-to-head inside of a Delaware courtroom in two months, Musk has made major adjustments in his Tesla shares. This week, the world’s richest man sold $6.9 billion of his Tesla stock. Musk has dumped more than $30 billion of the company’s shares since November 2021. “In the (hopefully unlikely)…
According to a Pew Research poll from August 2021, roughly three-quarters of U.S. adults say it is either somewhat or very likely that social media platforms censor political viewpoints that differ from their own. While majorities in both the Democratic and Republican parties think the platforms do censor, this same poll revealed it’s more of…
Treasury Secretary Janet Yellen and members of the Biden administration are out in force, making the case that the economy is strong and not headed toward a recession. The Commerce Department will release initial GDP calculations Thursday, and some economists predict it will reveal a contraction for the second quarter in a row. “This is…
Two major social media platforms appeared to be struggling from a revenue standpoint, as Snapchat reported its weakest sales growth ever and Twitter reported a loss of $270 million in quarterly reports. The losses can be partially explained by uncertainty about the U.S. economy, with social media platforms taking a big hit in ad revenue.…
A Delaware Chancery Court judge recently allowed Twitter to expedite its lawsuit against Elon Musk, a blow to the billionaire in his fight to cancel the $44 billion deal. Musk has said the number of fake and spam accounts make it impossible for him to properly analyze the business and that Twitter has misled its…
Headlines for July 20, 2022: Trump-backed governor candidate wins MD primary – Maryland State legislator Dan Cox won the Republican primary for governor Tuesday night. Cox, who received the endorsement of former President Donald Trump, defeated Kelly Schulz, a former cabinet member for outgoing Gov. Larry Hogan (R-MD). Cox has been heavily against Hogan, suing…
Twitter Inc. and Elon Musk are gearing up for a legal fight at a small but powerful Delaware court that specializes in high-stakes business disputes. The social media giant filed a lawsuit to force Musk to make good on his promise to buy the platform. In April, the billionaire businessman pledged to pay $54.20 per…
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