An image of new Twitter owner Elon Musk is seen surrounded by Twitter logos in this photo illustration in Warsaw, Poland on 08 November, 2022.
STR | Nurphoto | Getty Images
The Federal Trade Commission is closely watching Twitter’s moves under new owner Elon Musk, a spokesperson said in a statement Thursday. The agency struck a settlement with Twitter earlier this year, giving it oversight of certain security and privacy practices at the company.
“We are tracking recent developments at Twitter with deep concern,” an FTC spokesperson said in a statement. “No CEO or company is above the law, and companies must follow our consent decrees. Our revised consent order gives us new tools to ensure compliance, and we are prepared to use them.”
The statement comes after several key security and privacy executives resigned or were dismissed from the company following Elon Musk’s $44 billion acquisition of Twitter.
The Washington Post earlier reported on the FTC’s concerns.
As CNBC previously reported, Musk fired former Twitter CEO Parag Agrawal and legal affairs and policy chief Vijaya Gadde shortly after taking over the company. Since then, other executives have announced their departures, including most recently Chief Information Security Officer Lea Kissner. Musk also cut 50% of Twitter’s workforce.
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