Twitter claims FTC probe ‘has spiraled out of control’ and asks to terminate privateness settlement

Twitter claims FTC probe ‘has spiraled out of control’ and asks to terminate privateness settlement


SpaceX, Twitter and electric automobile maker Tesla CEO Elon Musk appears to be on as he speaks throughout his check out at the Vivatech technological know-how startups and innovation good at the Porte de Versailles exhibition heart in Paris, on June 16, 2023. (Photograph by Alain JOCARD / AFP) (Image by ALAIN JOCARD/AFP by means of Getty Illustrations or photos)

Alain Jocard | Afp | Getty Illustrations or photos

Twitter asked a federal court on Thursday to stop or modify a Federal Trade Commission order that governs how the firm shops and works by using facts about Twitter users.

The 2011 arrangement initially solved prices that the system failed to adequately safeguard its users’ data. The purchase subjected Twitter to an impartial assessment of its security application for 10 years and barred the enterprise from deceptive customers about its security and privateness techniques for 20 decades.

Twitter is inquiring the court docket to establish regardless of whether the 2011 FTC order “is equitable in gentle of the FTC’s conduct,” according to the submitting. The enterprise said the investigation “has spiraled out of control and grow to be tainted by bias.” As a final result, the “misfit consent order … no longer can provide any suitable equitable intent.”

Twitter alleges the FTC has issued “unceasing calls for” for “burdensome document protections,” particularly considering the fact that Elon Musk took more than the corporation past 12 months. Due to the fact that time, X Corp., which owns Twitter, mentioned it really is acquired 16 need letters, compared with just about 28 from the agency in the last decade-moreover.

“The FTC’s overreach has now culminated in a demand from customers to depose Mr. Musk, who is not, and in no way has been, a occasion to the Consent Buy,” the submitting claims.

In May 2022, in advance of Musk took about, the business achieved a $150 million settlement with the FTC and Section of Justice for allegedly violating the 2011 order by failing to adequately inform consumers about how their speak to data would be used to focus on advertisements.

Soon following Musk took about Twitter, the FTC made apparent it was dedicated to upholding its orders after vital privacy and protection executives remaining the business.

“We are monitoring current developments at Twitter with deep issue,” an FTC spokesperson said in a statement in November. “No CEO or corporation is over the legislation, and firms should comply with our consent decrees. Our revised consent order provides us new instruments to be certain compliance, and we are organized to use them.”

As an choice to terminating or modifying the settlement, Twitter stated it would talk to the court to immediate the FTC to offer proof to X Corp. and pause the enforcement of the arrangement right until it is generated.

The FTC declined to comment.

Subscribe to CNBC on YouTube.

Observe: Elon Musk polls Twitter buyers above whether he really should stay as CEO

Elon Musk polls Twitter users over whether he should remain as CEO



Source

Trump’s crypto agenda is being threatened by his pursuit of personal profits
Technology

Trump’s crypto agenda is being threatened by his pursuit of personal profits

U.S. President Donald Trump looks on as he gives remarks outside the West Wing at the White House in Washington, D.C., U.S., May 8, 2025. Kent Nishimura | Reuters President Donald Trump is standing in his own way when it comes to passing crypto legislation. Lawmakers this week rejected the GENIUS Act — a bill […]

Read More
Google agrees to pay .4 billion data privacy settlement to Texas
Technology

Google agrees to pay $1.4 billion data privacy settlement to Texas

A Google corporate logo hangs above the entrance to the company’s office at St. John’s Terminal in New York City on March 11, 2025. Gary Hershorn | Corbis News | Getty Images Google agreed to pay nearly $1.4 billion to the state of Texas to settle allegations of violating data privacy rights of the state’s […]

Read More
Affirm shares drop 13% on weak forecast, concerns over CEO’s bet on 0% loans
Technology

Affirm shares drop 13% on weak forecast, concerns over CEO’s bet on 0% loans

Max Levchin, co-founder of PayPal and chief executive officer of financial technology company Affirm, arrives at the Sun Valley Resort for the annual Allen & Company Sun Valley Conference, in Sun Valley, Idaho. Drew Angerer | Getty Images Affirm shares plunged on Friday after the fintech company issued a weak forecast, and investors questioned CEO […]

Read More