Twitter Inc. said on Monday payments made to a whistleblower did not breach any terms of its US$44 billion buyout by Elon Musk, after the world’s richest man cited the move as another reason to scrap the deal.
In a letter to Twitter on Friday, lawyers for Musk said Twitter’s failure to seek his consent before paying US$7.75 million to whistleblower Peiter Zatko and his lawyers violated the merger agreement, which restricts when Twitter could make such payments.
Get daily National news
Zatko, who was fired by Twitter in January as the company’s security head, last month accused the social media firm of falsely claiming it had a solid security plan and making misleading statements about its defences against hackers and spam accounts.
The whistleblower will meet the U.S. Senate Judiciary committee on Sept. 13 to discuss the allegations. Separately, Twitter is holding a special meeting on Tuesday for shareholders to vote on the merger.
- Dual UK-Iranian national released on bail over suspected plot against US-run military base
- Europe to release reserve oil and diesel after threats from Trump
- As Texas declares state of emergency over fuel shortage, what’s dyed diesel
- U.S. reportedly threatens EU diesel export ban unless reserve fuel released
-
![]()
G7 to release 100M barrels of diesel and crude -
![]()
U.S., Saudi Arabia investigate after FlyDubai captain attacked by copilot on Israel-bound flight -
![]()
Wall Street Journal reporter releases memoir, recounts fear he faced in Russian prison -
![]()
Indian airline captain hailed as hero after cockpit attack on Flydubai flight
Musk, who also runs the electric car company Tesla Inc., has accused Twitter of misrepresenting the prevalence of spam or bot accounts on its platform and has sought to terminate the deal citing those reasons.
A trial in Delaware Chancery Court is scheduled to begin on Oct. 17.
Musk’s lawyers were not immediately available for comment.
Comments
Want to discuss? Please read our Commenting Policy first.