Technology

High-Profile Employees Jump Ship As Twitter Could Face Billions In FTC Fines

According to The Verge, a company lawyer crammed his co-workers in on the state of affairs over Slack. In the message, the unnamed lawyer claimed that he had heard the company’s present authorized head, Alex Spiro, reportedly say that Musk “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.'”

The lawyer additionally claims that he has heard that the FTC compliance burden should “shift” to the engineers who’re engaged on initiatives due to the time constraints Musk is imposing on their work. The supply went on to focus on what this implies for the employees who’re impacted, claiming: “This will put a huge amount of personal, professional and legal risk onto engineers: I anticipate that all of you will be pressured by management into pushing out changes that will likely lead to major incidents.”

The lawyer posting the message went on to provide a bleak prediction of what might occur to the company on account of the transfer. He predicts billions of {dollars} in fines will come Twitter’s means, and its future as a platform might even be in danger. The Twitter lawyer’s actual phrases on the topic reportedly have been: “All of this is extremely dangerous for our users. Also, given that the FTC can (and will!) fine Twitter BILLIONS of dollars pursuant to the FTC Consent Order, extremely detrimental to Twitter’s longevity as a platform. Our users deserve so much better than this.” Even earlier than Musk’s takeover, Twitter has been sanctioned by the FTC. Earlier this year, the company was handed a $150 million tremendous for the best way it had been dealing with consumer knowledge.

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