Twitter (TWTR34): Shareholders of the social network approve purchase by Elon Musk

Twitter’s shareholders [(ativo=TWTR34]) approved this Tuesday (13) the acquisition of the social network by billionaire Elon Musk for US$ 44 billion, leaving the future of the business to a legal battle in which the businessman tries to leave the transaction.

It should be noted that whistleblower and former Twitter executive Peiter Zatko, who has made allegations of widespread security breaches on the social network, testifies at a Senate hearing on Tuesday.

Fired by the company in January, Zatko told the Senate Judiciary Committee today that “the incentives of Twitter executives have led them to prioritize profits over user safety,” echoing his whistleblower complaint.

Twitter has refuted his accusations and said the former employee’s statements are misleading. He was called before the committee to provide more information on his claims.

Zatko has become a factor in the legal drama unfolding over Musk’s effort to walk away from the Twitter takeover. Twitter sued Musk in July for his attempt to renege on the deal. Musk has filed a counter-suit, accusing the company of misrepresenting the condition of its business and key metrics about users on its platform.

(with Reuters and Estadão Content)

Still not investing abroad? XP strategist gives a free class on how to become a partner in the largest companies in the world, straight from your cell phone – and without speaking English

Sign up and discover why the stock market crash represents a rare buying opportunity and see 6 incredibly cheap stocks to buy today

About Yadunandan Singh

Born in 1992, Yadunandan approaches the world of video games thanks to two sacred monsters like Diablo and above all Sonic, strictly in the Sega Saturn version. Ranging between consoles and PCs, he is particularly fond of platform titles and RPGs, not disdaining all other genres and moving in the constant search for the perfect balance between narration and interactivity.

Check Also

After the cut announced by Petrobras, the price of cooking gas rises

the cylinder of cooking gas of 13 kilos rose from R$ 111.91 to R$ 113.25 …