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Twitter fallout has many questioning the security, legitimacy of the platform

General News

Twitter fallout has many questioning the security, legitimacy of the platform

October 31, 2022Ken Showers, Managing Editor

SAN FRANCISCO – The bird is out of the cage at Twitter after a weekend of chaos following Elon Musk’s arrival on the scene as the new owner of the social media platform. Beginning on Oct. 27, Musk’s first act in his official capacity as the owner of Twitter was to fire CEO Parag Agrawal, CFO Ned Segal, and legal affairs policy chief Vijaya Gadde. Reports from both the Washington Post and Reuters seem to confirm that Musk’s team worked throughout the weekend in order plan...

Alwaleed bin Talal al Saud, Chris Murphy, Elon Musk, Kingdom Holding Company (KHC), Ned Segal, Parag Agrawal, Patreon, Paul Pelosi, Reuters, Social Media, The New York Times, The Washington Post, Twitter, Vijaya Gadde


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Also Noted

ADT Q2 profit rises

May 3, 2013SSN Staff

BOCA RATON, Fla.—ADT said Wednesday that its second-quarter net income rose 2 percent, an increase aided by additional customers for its ADT Pulse home automation system, according to an AP report For the period that ended March 29, ADT earned $107 million, or 47 cents per share. A year earlier the company earned $105 million (44 cents per share). On an adjusted basis, however, which excludes separation-related income, the company posted earnings per share of $0.41 for the quarter, which were...

ADT, ADT Pulse, home automation, NASDAQ, Residential Security, Reuters, SSN


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Residential

Vivint exploring sale

September 6, 2012Martha Entwistle

PROVO, Utah—Vivint is considering a sale with final bids due later this month, according to a Reuters report. The report said the home automation/home security company could be valued at as much as $2 billion, and that among three private equity groups looking at the company is GTCR—owner of Protection 1, one of the nation's largest security companies.Reuters, citing unnamed sources, reported that other possible buyout firms are the Blackstone Group LP and Ares Management LLC.Contacted...

Alex Dunn, APX Alarm Security Solutions, Ares Management, Blackstone Group, Goldman Sachs, GTCR, Jupiter Partners LLC, Peterson Partners, Protection 1, Reuters, Security Systems News, Tiffany Galvin, Todd Pedersen, Vivint


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