- The Federal Trade Commission is closely watching Twitter's moves under new owner Elon Musk, a spokesperson said in a statement Thursday.
- The agency has the power to hold the company to specific security and privacy standards under a recent settlement.
- The statement comes after several key security and privacy executives resigned or were dismissed from the company following Elon Musk's acquisition of Twitter.
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, which granted 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.
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...
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