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Elon Musk's legal team amended its countersuit against Twitter to include explosive claims from a former employee, but legal experts say the whistleblower's testimony on Tuesday might have been more of a win for Twitter than it was for Musk.
Twitter whistleblower and former security chief Peiter Zatko appeared before Congress for a two-and-a-half hour testimony regarding an 84-page complaint he filed earlier this year. In the complaint, he accused Twitter of "lying" to Musk about spam accounts on its site, and claimed it has poor security practices that could violate a previous settlement with the Federal Trade Commission.
But several experts said the hearing did little to aid Musk's argument for getting out of the $44 billion purchase agreement. Musk has said the company intentionally mislead investors as to the number of authentic accounts on its platform.
"It's certainly not a nail in the coffin for Twitter," said Jasmine...
Congress leaders Harshwardhan Sapkal and Nana Patole, Nationalist Congress Party (SP) legislator Rohit Pawar, and Shiv Sena (Uddhav Balasaheb Thackeray) leader Priyanka Chaturvedi said PM Modi's sp...