FTC watching Twitter security execs exits with 'deep concern' - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The US Federal Trade Commission said on Thursday it was watching Twitter with “deep concern” after the social media platform’s top privacy and compliance officers quit, potentially putting it at risk of violating regulatory orders.

The departures come after the platform's new owner, billionaire Elon Musk, moved swiftly to clean house after taking over Twitter for $44 billion on October 27.The departures come after the platform's new owner, billionaire Elon Musk, moved swiftly to clean house after taking over Twitter for $44 billion on October 27.

He announced plans to cut half its workforce last week, promised to stop fake accounts and is charging $8 a month for the Twitter Blue service that will include a blue check verification. In May, Twitter agreed to pay $150 million to settle allegations by the FTC it misused private information, like phone numbers, to target advertising to users after telling them the information was collected only for security reasons.

Twitter did not respond to a request for comment on the FTC warning, the note from the attorney or the departures.Since taking charge, Musk has fired former Chief Executive Parag Agrawal and other top management, and the company’s advertising and marketing chiefs left soon afterwards, adding to concerns that Twitter does not have enough people in place to monitor that it remains compliant with regulations.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in CA

Canada Canada Latest News, Canada Canada Headlines