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☆ Elon Musk cited a Putin speech in private texts with a banker saying the Twitter deal wouldn't make sense 'if we're heading into World War 3'
  + stars: | 2022-09-06 | by ( Grace Kay | Kali Hays | ) www.businessinsider.com   time to read: +4 min
Elon Musk in a private text said it might not "make sense" to buy Twitter amid the war in Ukraine. A Twitter lawyer on Tuesday argued texts showed Musk was motivated by concern over his finances. The text messages were sent May 8 to a banker at Morgan Stanley, which is financing part of Musk's deal. It won't make sense to buy Twitter if we're heading into World War 3." Musk signed an agreement in April to buy Twitter and take it private.
☆ Elon Musk subpoenaed Stanford, which he attended for 2 days back in 1995 before dropping out, over an 'email account,' according to his lawyer
  + stars: | 2022-09-01 | by ( Grace Kay | ) www.businessinsider.com   time to read: +4 min
Elon Musk's legal team subpoenaed Stanford University on Wednesday in its Twitter court battle. Alex Spiro, Musk's attorney, told Insider the legal team was requesting "information regarding an email account" because "Twitter is hiding stuff." Spokespeople for Twitter and Stanford University did not respond to a request for comment ahead of publication. "As far as I know, neither does Stanford," Professor William Nix told The Stanford Daily. Most recently, Musk's legal team is attempting to amend its initial counterclaims against Twitter's lawsuit and delay the trial.
☆ Elon Musk scores court win in attempt to get Twitter to produce more data on fake accounts
  + stars: | 2022-08-25 | by ( Grace Kay | Kali Hays | ) www.businessinsider.com   time to read: +4 min
A judge partially granted Elon Musk's demand for more data from Twitter on "bots." Twitter now has to give Musk's legal team information on an additional 9,000 Twitter accounts reviewed in the final quarter of last year, according to the order. Alex Spiro, a lead lawyer for Musk, said, "We look forward to reviewing the data Twitter has been hiding for many months." In his counterclaims against Twitter, Musk said the platform intentionally mislead investors regarding the company's prospects by "miscounting" the number of spam accounts on the site. In one, she rejected his position that the independent data analysts he used to analyze the previous Twitter data he had should be protected from discovery.
☆ Twitter whistleblower alleges execs misled board and public on spam, security
  + stars: | 2022-08-23 | by ( Todd Haselton Lauren Feiner | Todd Haselton | Lauren Feiner | ) www.cnbc.com   time to read: +6 min
The complaints, obtained by CNBC, were filed by nonprofit law firm Whistleblower Aid, which is representing Twitter's former head of security, Peiter "Mudge" Zatko. Whistleblower Aid, which also represented Facebook whistleblower Frances Haugen, verified the authenticity of the documents with CNBC. A Twitter whistleblower is alleging "extreme, egregious deficiencies by Twitter" related to privacy, security and content moderation, according to complaints filed with the Securities and Exchange Commission, Federal Trade Commission and Department of Justice. If government regulators were to find Twitter misled consumers about its security protocols, that may be considered a violation of its 2011 agreement with the FTC. At the time, Twitter was barred for 20 years from misleading consumers about how it protects their security and private information.
☆ Malta is the only EU country that still sells 'golden passports.' Here's what the controversial immigration schemes are and why the EU wants to ban them.
  + stars: | 2022-04-26 | by ( Hannah Towey | ) www.businessinsider.com   time to read: +5 min
The Russia-Ukraine war triggered a crackdown on "golden passport" schemes across Europe. Malta is the only EU country with a golden passport program and is under pressure to shut it down. In recent years, countries including Bulgaria and Cyprus have shut down their golden passport programs following accusations of corruption and pressure from the European Union. The European parliament estimates that Russian nationals account for about half of approved golden passport applications in the EU. "The concern is that unsavory and possibly criminal individuals will secure EU passports, which then entitles them to mobility and settlement rights."
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