It prompted US President Joe Biden to say on Wednesday that Musk’s “cooperation and/or technical relationships with other countries is worthy of being looked at.” The takeover has also sparked concerns that Musk, who has often waded into political debates, could face pressure from countries trying to control online speech. 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 Twitter does not have enough people to monitor its compliance with regulations.

‘Direction of the platform under its new leadership’ Spiro did not immediately respond to a request for comment.

Twitter did not respond to a request for comment on the FTC warning, the note from the lawyer or the departures. “Elon puts rockets into space, he’s not afraid of the FTC,” the lawyer quoted Spiro as saying. In the note, the lawyer mentioned hearing Twitter’s legal chief Alex Spiro say Musk was willing to take a “huge amount of risk” with Twitter. In May, Twitter agreed to pay $150m to settle allegations by the FTC that it misused private information, like phone numbers, to target advertising to users after telling them the information was collected only for security reasons.Ī lawyer on Twitter’s privacy team reported the executive departures in a note seen by Reuters and posted to Twitter’s Slack messaging system on Thursday. Our revised consent order gives us new tools to ensure compliance and we are prepared to use them,” Farrar said.Īlso on Thursday, tech news website The Information reported Musk had warned Twitter’s remaining employees the company may have a net negative cash flow of several billion dollars next year and that “bankruptcy is not out of the question” if it cannot earn more than it spends. “No CEO or company is above the law and companies must follow our consent decrees. “We are tracking recent developments at Twitter with deep concern,” Douglas Farrar, the FTC’s director of public affairs, told Reuters. 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, which will include a blue check verification. The departures come after the platform’s new owner, billionaire Elon Musk, moved swiftly to clean house after taking over Twitter for $44bn late last month. Global Head of Safety and Integrity Yoel Roth later quit after Musk’s first all-hands meeting, the Washington Post reported. Chief Privacy Officer Damien Kieran and Chief Compliance Officer Marianne Fogarty have also resigned, according to an internal message seen by the Reuters news agency. The company’s chief security officer, Lea Kissner, on Thursday in a tweet said she quit. The United States Federal Trade Commission (FTC) 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.

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