(...continued...) Mr. Zatko, in the complaint, also expressed concerns about Twitter’s ties to foreign governments and says the company may have foreign spies on its payroll. Mr. Zatko believed that the Indian government had forced the company to knowingly hire at least one employee who had access to “vast amounts of Twitter sensitive data,” the complaint shows. India’s Washington embassy didn’t respond to a request for comment. Earlier this month, a former Twitter employee was found guilty by a U.S. jury of spying for Saudi Arabia by passing on private user information associated with critics of the kingdom in exchange for hundreds of thousands of dollars while he worked at the company from 2013 to 2015. In a memo to employees Tuesday, Mr. Agrawal said: “I know this is frustrating and confusing to read, given Mudge was accountable for many aspects of this work that he is now inaccurately portraying more than six months after his termination.” Mr. Agrawal defended Twitter’s work on privacy and security, while adding that the attention the complaint has brought to the company will make its work harder. “We will pursue all paths to defend our integrity as a company and set the record straight,” he said. Twitter in 2011 reached an agreement with the Federal Trade Commission to maintain rigorous security, including limiting the number of employees with access to its key security and privacy controls. Mr. Zatko alleges that the company is in violation of that accord. The FTC didn’t respond to a request for comment. The allegations, if true, point to potential cultural and governance issues at Twitter, said Nils Puhlmann, a security specialist who was formerly chief security officer at cloud-communications company Twilio. In particular, the allegation that Twitter violated an FTC consent decree could lead to repercussions with the federal government. “A consent decree is like a yellow card in soccer,” he said. “There is no second yellow card.” Copies of the complaint were sent to the Senate Judiciary and Intelligence committees, aides of each panel said. Democrats and Republicans have raised concerns about Twitter and other social-media companies in recent years over how they use and protect customer data, and have considered legislation that could require firms to adhere to certain data transparency or security standards. “If these claims are accurate, they may show dangerous data privacy and security risks for Twitter users around the world,” Sen. Dick Durbin (D., Ill.), chairman of the Judiciary Committee, said in a statement. ------------------ I wouldn't trust this Parag beta dude one bit. It's quite obvious that he is a liar.
I would be fine with Musk overpaying for Twitter. Should be worth it, to fire that lying beta CEO, and to fix Twitter.
Yes, the man with 270 billion in worth (#1 in the world) is the worst deal maker of all time. https://www.forbes.com/real-time-billionaires/#696d0fc03d78
As long as we acknowledge that's his expertise rather than him being the real Tony Stark who designs fusion reactors in his basement, then cool. Ya dude knows how to make more money from money. He's the best at it. Also understand that a person who is the world's best at making money would use politically charged narratives like "consertives are victims of censorship" to his advantage to make more money.
I agree - Parag does not come across as honest. But neither does Musk. In fact, I don't know any CEO that I'd describe as a portrait of trustworthiness. They all seem pretty power hungry with a healthy dose of narcissism mixed in with very rare exception.
If Twitter knowingly (or negligently) allowed employees to out people to gov'ts resulting in their arrest or worse, then we all should care about this. It's not about Twitter's mission or its role as a tool for democracy, it's corporate abuse at the darkest level. But I do think there are those who care only because they are Musk fanboys vs actually caring about privacy and protecting critics.
Should be noted that Chouinard hasn't been CEO for decades. But ok, I'll give you that one. And I don't know much about your business philosophy.
I don't know if you heard the news but now Elon is desperately trying to avoid having to follow through on his threat to take Twitter private and is on the hook to pay Twitter billions of dollars and being sued into oblivion in Delaware? It was on the news the other day. I don't know if there's such a thing as objectively "the worst deal maker of all time" but negotiating the 2nd biggest tech M&A of all time as an impulse buy with mostly your own money, not doing any diligence, and then trying to void the transaction based on false pretenses under a contract taht gives you basically no outs absolutely gets you in the conversation. Like, honestly name another time this happened with a $bln M&A transaction or anything on that scale? I'll hang up and listen.
