Science

Twitter: Shareholders approve Elon Musk takeover plan. – Radar press

The head of Tesla and SpaceX, Elon Musk, unilaterally terminated in early July a contract signed at the end of April to acquire Twitter at a price of $54.20 per share, or at a valuation of $44 billion. But since yesterday, Tuesday, September 13, Twitter shareholders have approved 98.6% of the agreement to buy the platform by the American billionaire. In essence, voting in favor of the deal strengthens the position of the social network a month before the opening of a lawsuit against Elon Musk to force him to fulfill his obligation.

Elon Musk finally gave in to buy out Twitter

In a press release, the California group assures

continue to believe that the alleged termination of the repurchase agreement is invalid and unreasonable.

But this election is little consolation for the bluebird, which has been publicly denounced by a former senior official. Peter Zatko, the former head of Twitter security who was fired last January, also detailed yesterday, Tuesday, September 13, his report to US authorities of serious security breaches. Before the Senators of the Judicial Commission, the whistleblower stated from the very beginning that

Twitter leadership is cheating elected officials, regulators, and even its own board of directors.

Moreover, the expert, better known under the pseudonym Mudge, also emphasizes

They don’t know what data they have, where it is, where it comes from, and obviously they can’t protect it. Employees have too much access (…) it doesn’t matter who has the keys if you don’t have locks on your doors.

The 51-year-old computer scientist, recruited in late 2020 after a spectacular hack of some profiles, claims he tried in vain to warn the group’s senior officials.

They don’t have the skills to understand the extent of the problem.

he argued.

Elon Musk’s Twitter Acquisition Deal Unanimously Approved by Board of Directors

Before specifying:

I didn’t make my whistleblowers with malicious intent or to hurt Twitter. Given the real harm to users and national security, I have decided that it is necessary to take personal and professional risks to myself and my family in order to raise the alarm.

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