Twitter executives resigned one after another under the Elon Mask regime, and the Securities and Exchange Commission says, ``We are monitoring trends with deep concern.''



It is reported that senior executives are resigning one after another on Twitter, where various reforms such as mass dismissal of employees and consideration of paid functions are being carried out under Mr. Earon Mask. The U.S. Securities and Exchange Commission (FTC) is closely monitoring Twitter's trends, as confusion and turmoil spread inside and outside Twitter.

Twitter's Chief Information Security Officer just quit • The Register
https://www.theregister.com/2022/11/10/twitter_ciso_quits/

More key Twitter execs just quit, including the head of trust and safety | TechCrunch
https://techcrunch.com/2022/11/10/twitter-elon-musk-resignations-yoel-roth-robin-wheeler/

Lee Kisner , Twitter's chief information security officer (CISO), said on November 10, 2022, ``I made the difficult decision to quit Twitter. , the security team, the IT team and the work we have done,' he tweeted.



According to the overseas media The Register, chief privacy officer Damian Kieran and chief compliance officer Marian Fogerty also resigned from Twitter. Kieran tweeted with the hashtag ' #oneteam ' hinting at leaving Twitter.



In addition, it is reported that Yoel Ross , head of trust and safety, and Robin Wheeler , head of sales, have also resigned from Twitter. Technology media TechCrunch said, ``It is a particularly shocking departure,'' citing Ross' active dissemination of moderation efforts on Twitter under the new system.

Mr. Wheeler also held a Twitter space with Mr. Ross and just set up a place to invite Mr. Musk to talk about future prospects. TechCrunch points out that Musk's erratic behavior, mass layoffs, and a spate of executive resignations could seriously undermine the trust of advertisers and regulators.

Elon Musk is thinking of making Twitter a 'payment service', does it accept virtual currencies such as Dogecoin - GIGAZINE



It is also reported that if Mr. Musk continues Twitter's rapid reforms, he may violate an order by the FTC.

Twitter lawyer warns that Elon Musk is putting company at risk of billions in FTC fines - The Verge
https://www.theverge.com/2022/11/10/23451198/twitter-ftc-elon-musk-lawyer-changes-fine-warning

FTC tracking developments at Twitter with 'deep concern' after CISO resigns - The Record by Recorded Future
https://therecord.media/ftc-tracking-developments-at-twitter-with-deep-concern-after-ciso-resigns/

FTC warns 'no CEO or company is above the law' if Twitter shirks privacy order | TechCrunch
https://techcrunch.com/2022/11/10/ftc-warns-no-ceo-or-company-is-above-the-law-if-twitter-shirks-privacy-order/

In May 2022, Twitter agreed to order the FTC to pay a fine of $150 million (about 21 billion yen) for illegally using personal information, but many of the executives who quit on November 10 are private. and security, which was a key role in working with the FTC. The en masse departure of these executives could prove troubling for Twitter, which has just settled with the FTC.

An FTC spokesperson told international media, ``The authorities have been following the latest developments on Twitter with deep concern. You must comply with our consent order.'

In addition, overseas media The Verge said that it obtained a memo posted by an employee of the privacy team on Twitter's Slack channel. The memo states, 'Elon has indicated that his only priority with Twitter users is how to monetize them. And I don't think Twitter cares about the users of the global town square that we've built over the years and we love.' .

The employee claims that Twitter Blue's revamp ignored its usual privacy and security reviews, and that the review team's recommendations were not implemented prior to launch. Twitter's former external lawyer, Riana Pfefferkorn, points out that Twitter must conduct a privacy review before making any changes to the product due to the FTC's consent order issued in 2011.



The employee who posted the memo said he heard Twitter's chief legal officer, Alex Spiro, say, 'Mr. Musk is the kind of person who puts rockets into space and isn't afraid of the FTC.' thing. Due to Mr. Musk's willingness to take risks, Twitter engineers can impose personal, professional and legal risks. Employees also argue that if the FTC fines billions of dollars (hundreds of billions of yen), it will jeopardize the survival of Twitter and adversely affect users.

The memo also mentions that Mr. Mask has banned remote work on Twitter in principle and asked to be in the office at least 40 hours a week. He took the view that this is a fundamental change to the employment contract and that Twitter employees are not obligated to return to the office, and suggested that they could take paid leave en masse to protest. did.

Elon Musk says, ``We need to get half of our revenue from subscriptions,'' banning employees from working remotely and positioning Twitter Blue as ``top priority''-GIGAZINE



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