Exodus continues at Twitter as Elon Musk hints at possible bankruptcy

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Exodus continues at Twitter as Elon Musk hints at possible bankruptcy
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Departures of top figures handling safety, information security and privacy come amid warnings from Federal Trade Commission

on Twitter – a development the billionaire attempted to rectify in the live stream for advertisers. The duo leading the live stream, Roth and Wheeler, have now both left the company.

The company’s subscription product Twitter Blue, which launched on Wednesday and allows users to buy a verified blue checkmark for $8, has already resulted in various accounts. Some civil rights groups worry that a lack of clarity on content moderation policies and the unrestrained ability to buy a blue checkmark could lead – if they haven’t already – to a scourge of hate speech and spread of misinformation. They have called on more brands to pause their advertisements on the platform.

Under the company’s settlement with the FTC, Twitter is required to perform privacy reviews before it makes any changes to its products. But in a letter posted to Slack by an attorney on the company’s privacy team andthe author says that they heard the company’s head of legal, Alex Spiro, “say that Elon is willing to take on a huge amount of risk in relation to this company and its users, because ‘Elon puts rockets into space, he’s not afraid of the FTC.

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