Musk’s relationship with Twitter is a story that takes a new turn every day.
The US government is investigating Musk’s purchase of Twitter for $44 billion.
The government is seeking information from foreign investors about Musk’s secret deal.
Washington. Elon Musk’s relationship with Twitter is now becoming a story in which a new twist comes every day. Now in a new development, it has been said that the matter of buying Musk’s Twitter for $44 billion is still being investigated by the US government. Musk, the world’s richest man, has fought hard to get the Twitter deal out of court. While the storm of controversies has not calmed down even for a moment since buying Twitter.
A Bloomberg report claims that the US government is still seeking information on confidential agreements that Elon Musk made with foreign investors. The government is trying to ascertain whether these deals allow them access to personal data of users. Citing an unnamed person familiar with the matter, Bloomberg said that the government also has some national security concerns regarding the matter. The new revelation comes days after US Treasury Secretary Janet Yellen said in an interview with CBS News that she “sees no basis for an investigation into Twitter’s acquisition”. Yellen had said that we really have no basis to investigate the finances of his company.
Significantly, under the leadership of Elon Musk, the social media giant Twitter has seen a chaotic environment for the last 25 days. Mass resignations, layoffs and ultimatums have become a regular feature of the Twitter company. There were 1,200 resignations after Musk brutally fired employees. Musk has decided to reduce the number of employees of the company by 50 percent.
FIRST PUBLISHED : November 22, 2022, 05:49 IST