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