Nov 11, 2022

US regulator FTC says it is concerned about Twitter

A US regulator says it is watching events at Twitter with "Deep concern" after the platform's top privacy and compliance officers reportedly quit. Separately, Mr Musk reportedly told employees that bankruptcy is not out of the question for Twitter. Since taking charge, Mr Musk has fired former chief executive Parag Agrawal and other top management, and the company's advertising and marketing chiefs have also left, adding to concerns that Twitter does not have enough people in place to oversee that it remains compliant with regulations. Twitter makes most of its money through advertising, but some large advertisers have paused spending while they take stock of the changes that Mr Musk is bringing in. Some brands are said to be concerned that Mr Musk will relax content moderation rules and reverse permanent Twitter bans given to controversial figures, including former US president Donald Trump.

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