Elon Musk’s Twitter is facing an FTC privacy investigation

[ad_1]

The Federal Trade Commission plans to fire Elon Musk as part of its investigation Twitterthe social media platform that Musk bought for $44 billion last year, according to a person familiar with the investigation.

The FTC late last year deepened an investigation into Twitter’s privacy and data security practices following the acquisition of Musk’s company, Bloomberg reported last year. Musk’s deposition will mark an escalation in that investigation.

The FTC has slapped Twitter with document requests, asking the company to turn over communications related to its recent layoffs, Musk’s leadership and other topics, according to a congressional report. The agency also requested documents related to the so-called “Twitter Files,” a project in which Musk gave outside journalists access to internal Twitter information.

Information about the investigation comes from a report released Tuesday by the Republican-led House Judiciary Committee, providing insight into the FTC’s response to Musk’s Twitter takeover.

The Wall Street Journal first reported the FTC’s plans.

“A shameful case of arming a government agency for political purposes and suppressing the truth!” Musk posted on Twitter on Tuesday.

Twitter did not immediately respond to a request for comment. The FTC declined to comment.

The FTC in the three months after Musk’s claim sent a dozen letters to Twitter. House Judiciary Committee Republicans in their report claimed the outreach showed the agency was “trying to harass” the company.

Twitter is currently under an FTC consent order, meaning the agency must oversee the company’s privacy practices. Many of the layoffs under Musk have hit employees charged with protecting the social media platform’s privacy and security.

luckThe CFO Daily newsletter is the must-read analysis every finance professional needs to keep up with. Sign up now.



[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *