Twitter Inc.’s new Owner Elon Musk on Thursday raised the possibility of The social media Bankruptcy platform, capped by a chaotic day involving a warning From the US privacy regulator and out of Company confidence and safety leader.
Billionair on for him first Mass call with The staff said he couldn’t rule out Bankruptcy, Bloomberg News reported, two weeks after it was bought for $44 billion—a deal credit experts say it has left Twitter Finance in risky position.
earlier in today, in for him first In the company-wide email, Musk warned that Twitter would not be able to “survive the next economic downturn” if it failed to increase subscription revenue to offset declining advertising income, three people who I saw the letter to Reuters.
Yoel Roth, who Moderate Twitter Reply to combat Hate speech, misinformation and spam on service, quit on Thursday Monday people a favour with He told Reuters.
On his Twitter profile on On Thursday, Roth described himself as the “former president.” of Trust and security” in the company.
Ruth did not respond to requests for comment. Bloomberg and tech The Platformer has reported its exit first.
earlier on On Thursday, Twitter’s chief information security officer Leah Kesner tweeted that she had resigned.
Chief Privacy Officer Damien Keran and Head of Compliance Marian Fogarty also Resigned according to an internal message posted To Twitter messages on Slack system on Thursday by a lawyer on his privacy team It was seen by Reuters.
Robin Wheeler, the company’s chief advertising sales officer, told employees in A note that she was staying at the company, as a person who Have seen the message said, differentiated by media Says she’s leaving, too.
Wheeler tweeted belatedly: “I’m still here” on Thursday.
FTC in ‘deep concern’ over Twitter
The US Federal Trade Commission (FTC) said it is monitoring Twitter with ‘Deep concern’ after the resignation of the three privacy and compliance officers. These resignations will likely put Twitter in risk of violating regulatory Request #%s.
Musk’s lawyer, Alex Spiro, told some employees in Email is delayed on Thursday that Twitter remain in compliance.
“We spoke to the Federal Trade Commission today about our ongoing commitments and our continued building dialogue,” Spiro wrote.
He stated that only Twitter, not individuals, can be held responsible against requests.
“I understand there have been Twitter employees who and not even work on Suspension of the FTC’s order that they can (move) to jail If we do not in Compliance – this is simply not the case how This works.”
in first Meeting with Many employees on Twitter on And Musk warned Thursday afternoon that the company could lose billions of dollar next yearreported the information.
musk added in Workers email remote work It’s no longer allowed and that’s to be expected in The office for at least 40 hours In the week.
Twitter, Musk and Spiro did not respond to requests for comment on Possible bankruptcy, Federal Trade Commission warningor leave.
Musk ruthlessly moved to cleaning house after speaking over on October 27 He said the company was losing more of $4 million a day, in large part because advertisers started fleeing as soon as they did took over.
Twitter has 13 billion dollars in debt After the deal, he faces a total interest payment of close to $1.2 billion in The next 12 Months. Payments have surpassed the latest revelations from Twitter cash which amounted to $1.1 billion of the end of Jun.
Musk started getting paid $8 a month for Twitter Blue service that will include blue check verification.
warning for musk
We are following the latest developments on Twitter with Deep Concern,” Douglas Farrar, Federal Trade Commission director of public affairs for Reuters.
“No CEO or company is above the law, and companies should follow Our approval decrees. Gives our revised consent order us new tools to me ensure Compliance, we are ready for it use Farrar said.
In May, Twitter agreed to pay $150 million to settle allegations by the Federal Trade Commission (FTC) that it misused it. private information like Phone numbers, to target ads to users after telling them to information Just collected for Security reasons.
Twitter privacy lawyer on Thursday male in The internal memo that Spiro said Musk was willing to take a “huge amount of risk” with company. “Elon puts the missiles in spaceHe’s not afraid, of The lawyer quoted Spiro as saying.
The Twitter acquisition has raised concerns that Musk, who Often fought in political discussions, can face pressure from countries trying to control online Speech.
It prompted US President Joe Biden to say on Wed that Musk ‘Cooperation and / or Technical Relations with else countries Deserves of under consideration.”
Advertisers are unsure
Musk told advertisers on wednesday talking on Twitter spaces featureit aims to convert the platform into a file force for truth Stop fake accounts.
His assertions may not be enough.
Chipotle Mexican Grill . said on Thursday withdrew back Paid and owned content on Twitter “As we get a better understanding of The direction of The platform below new Leadership.”
He. She joined Other brands including General Motors have paused ads on Twitter since the capture took over concerned It will ease content moderation rules.
Twitter Inc.’s new Owner Elon Musk on Thursday raised the possibility of The social media Bankruptcy platform, capped by a chaotic day involving a warning From the US privacy regulator and out of Company confidence and safety leader.
Billionair on for him first Mass call with The staff said he couldn’t rule out Bankruptcy, Bloomberg News reported, two weeks after it was bought for $44 billion—a deal credit experts say it has left Twitter Finance in risky position.
earlier in today, in for him first In the company-wide email, Musk warned that Twitter would not be able to “survive the next economic downturn” if it failed to increase subscription revenue to offset declining advertising income, three people who I saw the letter to Reuters.
Yoel Roth, who Moderate Twitter Reply to combat Hate speech, misinformation and spam on service, quit on Thursday Monday people a favour with He told Reuters.
On his Twitter profile on On Thursday, Roth described himself as the “former president.” of Trust and security” in the company.
Ruth did not respond to requests for comment. Bloomberg and tech The Platformer has reported its exit first.
earlier on On Thursday, Twitter’s chief information security officer Leah Kesner tweeted that she had resigned.
Chief Privacy Officer Damien Keran and Head of Compliance Marian Fogarty also Resigned according to an internal message posted To Twitter messages on Slack system on Thursday by a lawyer on his privacy team It was seen by Reuters.
Robin Wheeler, the company’s chief advertising sales officer, told employees in A note that she was staying at the company, as a person who Have seen the message said, differentiated by media Says she’s leaving, too.
Wheeler tweeted belatedly: “I’m still here” on Thursday.
FTC in ‘deep concern’ over Twitter
The US Federal Trade Commission (FTC) said it is monitoring Twitter with ‘Deep concern’ after the resignation of the three privacy and compliance officers. These resignations will likely put Twitter in risk of violating regulatory Request #%s.
Musk’s lawyer, Alex Spiro, told some employees in Email is delayed on Thursday that Twitter remain in compliance.
“We spoke to the Federal Trade Commission today about our ongoing commitments and our continued building dialogue,” Spiro wrote.
He stated that only Twitter, not individuals, can be held responsible against requests.
“I understand there have been Twitter employees who and not even work on Suspension of the FTC’s order that they can (move) to jail If we do not in Compliance – this is simply not the case how This works.”
in first Meeting with Many employees on Twitter on And Musk warned Thursday afternoon that the company could lose billions of dollar next yearreported the information.
musk added in Workers email remote work It’s no longer allowed and that’s to be expected in The office for at least 40 hours In the week.
Twitter, Musk and Spiro did not respond to requests for comment on Possible bankruptcy, Federal Trade Commission warningor leave.
Musk ruthlessly moved to cleaning house after speaking over on October 27 He said the company was losing more of $4 million a day, in large part because advertisers started fleeing as soon as they did took over.
Twitter has 13 billion dollars in debt After the deal, he faces a total interest payment of close to $1.2 billion in The next 12 Months. Payments have surpassed the latest revelations from Twitter cash which amounted to $1.1 billion of the end of Jun.
Musk started getting paid $8 a month for Twitter Blue service that will include blue check verification.
warning for musk
We are following the latest developments on Twitter with Deep Concern,” Douglas Farrar, Federal Trade Commission director of public affairs for Reuters.
“No CEO or company is above the law, and companies should follow Our approval decrees. Gives our revised consent order us new tools to me ensure Compliance, we are ready for it use Farrar said.
In May, Twitter agreed to pay $150 million to settle allegations by the Federal Trade Commission (FTC) that it misused it. private information like Phone numbers, to target ads to users after telling them to information Just collected for Security reasons.
Twitter privacy lawyer on Thursday male in The internal memo that Spiro said Musk was willing to take a “huge amount of risk” with company. “Elon puts the missiles in spaceHe’s not afraid, of The lawyer quoted Spiro as saying.
The Twitter acquisition has raised concerns that Musk, who Often fought in political discussions, can face pressure from countries trying to control online Speech.
It prompted US President Joe Biden to say on Wed that Musk ‘Cooperation and / or Technical Relations with else countries Deserves of under consideration.”
Advertisers are unsure
Musk told advertisers on wednesday talking on Twitter spaces featureit aims to convert the platform into a file force for truth Stop fake accounts.
His assertions may not be enough.
Chipotle Mexican Grill . said on Thursday withdrew back Paid and owned content on Twitter “As we get a better understanding of The direction of The platform below new Leadership.”
He. She joined Other brands including General Motors have paused ads on Twitter since the capture took over concerned It will ease content moderation rules.