Twitter: Elon Musk makes a new argument to withdraw his takeover bid

(AOF) – In a letter to Twitter on Friday, a lawyer for Elon Musk argued that a payment of around $7 million made by the company to a whistleblower gave the billionaire more ammunition to pull out of a $44 billion deal to buy the social network. In June, Twitter agreed to pay $7 million to Peiter Zatko, who was the company’s security manager before he was fired in January.

The deal was struck days before he filed a lawsuit in July, in which he accused the company of failing to protect sensitive user data and lying about security issues.

Twitter denied the allegations and said Peiter Zatko was fired “due to ineffective leadership and poor performance.”


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