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The lawmakers asked Musk and Yaccarino to respond to a series of questions about Twitter’s FTC obligations and whether the layoffs and resignations have hindered its ability to comply. Elon Musk under TwitterSince purchasing Twitter, Musk has said he’s laid off more than 6,000 employees, or roughly 80% of the company’s pre-acquisition headcount. Twitter is already under investigation by the FTC for possible breaches of its consent orders. But as both the FTC and now the senators have indicated, Twitter’s behavior under Musk is also covered by the consent agreements. House Republicans have alleged that the FTC probe is intended to “harass” Musk and represents an example of the “weaponization” of the US government.
Persons: Elon Musk, Musk, Linda Yaccarino, Ella Irwin, Twitter’s, “ Mr, , Massachusetts Democratic Sen, Elizabeth Warren, Elizabeth Warren ; Oregon Democratic Sen, Ron Wyden, Ed Markey, Hawaii Democratic Sen, Mazie, Twitter didn’t, Twitter, he’s, Peiter “ Mudge ” Zatko, Zatko Organizations: Washington CNN —, Twitter, Federal Trade Commission, CNN, Massachusetts Democratic, Elizabeth Warren ; Oregon Democratic, Hawaii Democratic, FTC, Washington Post, House Republicans Locations: Elizabeth Warren ; Oregon
The proposed legislation by a bipartisan group of US senators aims to address what policymakers, mental health advocates and critics of tech platforms say is a mental health crisis fueled by social media. “Social media companies have stumbled onto a stubborn, devastating fact,” Schatz said. But it would represent a potentially vast expansion of the government’s role in regulating websites where age verification is a requirement. Tech companies could still develop their own in-house age verification technology or hire third party companies to perform the verification, lawmakers said. Violations of the proposed law could mean millions of dollars in Federal Trade Commission fines for social media companies.
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