“Our revised consent order gives us new tools to ensure compliance, and we are prepared to use them.”īut Musk has several other distressing problems as well. “No CEO or company is above the law, and companies must follow our consent decrees,” the spokesperson added. A spokesperson for the agency said it’s “tracking recent developments at Twitter with deep concern.” To make matters worse, the exits of Kissner and Kieran came after a senior member of Twitter’s legal team warned in an internal company message that Musk’s sole priority was “recouping the losses he’s incurring as a result of failing to get out of his binding obligation to buy Twitter.” The employee added that Musk was unconcerned about potential liability before the Federal Trade Commission, which seemingly raised eyebrows at the federal agency. Sign up for the daily digest chronicling the evolving media landscape here. And earlier in the day, we learned that Twitter’s chief information security officer Lea Kissner resigned, as had chief privacy officer Damien Kieran.Ī version of this article first appeared in the “Reliable Sources” newsletter. Bloomberg reported that its advertising chief Robin Wheeler was on the way out. Platformer scooped Thursday evening that Trust and Safety head Yoel Roth had resigned. Several of those employees, apparently, are top executives. “It feels like the beginning of the end, honestly,” one recently laid-off Twitter employee said Thursday evening, describing the company as the “Titanic” with “everyone looking for lifeboats.” It’s hard to succinctly summarize the absolute chaos that has consumed Twitter over the last 12 hours as Elon Musk continues to wreak havoc on the Silicon Valley company. And of course, the world is watching the dramatic spectacle unfold on - where else? - Twitter. The world is watching the world’s richest man single-handedly destroy one of the world’s most powerful and important communication platforms, just weeks after acquiring it for $44 billion.
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