we begin with more on twitter and the latest security concerns. as you ve been hearing, the company s former head of security alleges the social media giant has hidden negligent security practices, misled federal regulators about its safety, and failed to properly estimate the number of bots on its platform. twitter has denied the allegations saying they contain many inaccuracies and inconsistencies, but the revelations could have huge consequences for twitter, including possible fines and the potential unravelling of elon musk s bid to buy the company. joseph menn, from the washington post, was one of the reporters who broke the story. he explained what motivated peiter zatco to file this whistleblower complaint. peiter zatco is an unusual person, one of the most famous actors in america and has pioneered and co ordinated disclosure where security researchers find flaws in programmes and work with the vendors to establish fixes for the problems before going public. he led cy
Shares were sitting flat for Nitro as the group’s board decides to back Potentia’s proposal of $2.17 per Nitro share, rejecting Alludo’s $2.15 offer, with directions for investors to essentially ignore it.
news that twitter did not need right now, in the thick of a legal battle with elon musk over trying to force elon musk to follow through on his bid to purchase twitter. give us your take on what is going on. the stock market take on what is going on. the stock market was take on what is going on. tue: stock market was not take on what is going on. tte: stock market was not happy because shares went down 7%, leaving them trading at one quarter below the offer price that elon musk placed back in april, even if he is now trying to withdraw it. there are two issues, one, does give elon musk to definitely walk away from the without paying the $1 billion break fee. from the without paying the $1 billion breakfee. two, what does that mean for twitter s operating model, it is still struggling to make a profit and if the allegations are substantiated about privacy and data control, that may dissuade people from using the people and persuade them to leave it. and it could also mean that twit
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