- The FTC said it was following the developments on Twitter “with deep concern”, according to Reuters.
- He made the comment after four senior privacy executives at Twitter reportedly quit.
- Elon Musk said Thursday that he and his team will fully comply with FTC rules.
The Federal Trade Commission said it was “following recent developments on Twitter with grave concern” after the departure of four of the company’s privacy and compliance officers, according to Reuters.
“No CEO or company is above the law, and companies must follow our consent decrees,” FTC director of public affairs Douglas Farrar told Reuters. “Our revised content order gives us new tools to ensure compliance, and we’re ready to use them.”
The comment comes amid a chaotic two weeks for Twitter as its new owner, Elon Musk, attempts to turn around the ailing business through sweeping team changes, recalibrating the social media site’s content filters and an overhaul of its paid services.
“Without significant subscription revenue, there’s a good chance Twitter won’t survive the coming economic downturn,” Musk told employees Thursday morning when announcing the end of remote work. Twitter also laid off half of its global workforce, around 3,700 people, alongside several other tech giants which made mass layoffs.
The company also saw some senior management shakeups this week. Updated Twitter Head of Trust and Safety Yoel Roth his Twitter profile on Thursday to indicate that he is no longer in the role.
Twitter Chief Security Officer Lea Kissner tweeted the same day she quit.
Chief privacy officer Damien Kieran and chief compliance officer Marianne Fogarty also resigned, according to Reuters, citing a Slack post among Twitter staff posted by an in-house lawyer.
Their departures could put Twitter at risk of potentially violating FTC regulations. These top executives reportedly oversaw a privacy program that Twitter agreed to undertake after it was fined $150 million in May for collecting users’ email addresses and phone numbers to target these people. with advertisements.
Musk and his personal attorney, Alex Spiro, sent employees an email Thursday saying he intended to fully comply with all FTC requirements.
“I can’t stress enough that Twitter will do whatever it takes to comply with both the letter and the spirit of the FTC’s consent decree,” Musk wrote in his email. “Anything you read to the contrary is absolutely false.”
Spiro, who is Twitter’s acting chief legal officer, sought to allay concerns reported by employees that they could go to jail if Twitter violates FTC rules. “It’s the company’s obligation. It’s the company’s burden. It’s the company’s responsibility,” he wrote.
The FTC, Spiro and Musk did not immediately respond to Insider’s requests for comment. Twitter no longer uses its communication service.