Tag: Twitter lawsuit

Elon Musk Can Use $7.8 Mn Twitter Whistle-Blower Payment in His Counterclaims
Technology

Elon Musk Can Use $7.8 Mn Twitter Whistle-Blower Payment in His Counterclaims

[ad_1] Elon Musk can use a $7.8 million severance payment to a Twitter Inc. whistle-blower to argue he was justified in walking away. Elon Musk can use a $7.8 million severance payment to a Twitter Inc. whistle-blower to argue he was justified in walking away from his $44 billion buyout of the company, the latest turn in a bruising battle set for trial next month.Delaware Chancery Judge Kathaleen St. J. McCormick ruled Thursday that the billionaire can amend his counterclaims to Twitter's lawsuit against him with the payment to Peiter Zatko. Musk claims Twitter failed to get his consent for the severance agreement, violating the terms of the buyout. Twitter sued Musk in July to force him to consummate the $54.20-per-share dea...
Twitter Whistle-Blower Will Testify Before Congress on Security Failures
Technology

Twitter Whistle-Blower Will Testify Before Congress on Security Failures

[ad_1] The Senate Judiciary Committee will hold a hearing featuring testimony from Twitter whistle-blower Peiter “Mudge” Zatko on Sept. 13, the panel’s leaders announced on Wednesday. The Senate Judiciary Committee will hold a hearing featuring testimony from Twitter whistle-blower Peiter “Mudge” Zatko on Sept. 13, the panel's leaders announced on Wednesday. The committee said it had subpoenaed Zatko, the company's former security chief, to appear a day after he went public with allegations that Twitter has failed to adequately protect data on its hundreds of millions of users, leaving their personal information open to hackers and spies. “Mr. Zatko's allegations of widespread security failures and foreign state actor...