Elon Musk warns of Twitter bankruptcy; exodus of top Twitter executives continues |

 

Elon Musk warns of Twitter bankruptcy; exodus of top Twitter executives continues

Elon Musk warns of Twitter bankruptcy


now chaos continues at Twitter the new

owner Elon Musk has raised the

possibility of the social media platform

going bankrupt. 

voicing a grim outlook

for Twitter's future musk has said that

bankruptcy is not out of question. 

 if the

company does not start generating more

Revenue this comes just two weeks after

he brought bought Twitter for 44 billion

dollars a deal that credit experts say

has left Twitter's finances ina

precarious position

must Twitter ownership has also

propelled an exodus of top privacy and

security Executives Twitter's Chief

Information Security Officer and the

Chief privacy officer have both

submitted their resignation

meanwhile according to reports Joel

Roth

who was the company's moderation and

safety leader and Robin wheeler who led

a a headline generating Twitter spaces

have also walked out of the company all

these departures have prompted

warnings

from the Federal Trade Commission who

has said that it is watching events at

Twitter with deep concern especially

after three privacy and compliance

officers quit the company the FTA

commission has further asserted on how

musk was not above the law Elon Musk

has

already fired top three officials

including the CEO CFO and the police

policy chief

foreign

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