Elon Musk’s $44 billion deal to take over Twitter has not yet escaped government scrutiny. According to a report by BloombergThe US government is investigating whether Musk’s foreign investment partners have access to users’ private data on the platform.
Sources close to the situation report this Bloomberg that the government is asking for more details about Musk’s private deals with the international investors who have interests in the company, including Saudi Prince Al Waleed bin Talal Al Saud and the Qatar Investment Authority. Musk’s business dealings in both Ukraine and China have also raised concerns.
Separately, several lawmakers, including Richard Blumenthal (D-CT), Dianne Feinstein (D-CA), Elizabeth Warren (D-MA), Ed Markey (D-MA), Ben Ray Luján (D-NM), and Cory Booker (D-NJ) is also urging the Federal Trade Commission to take action against Twitter.
Twitter is also about to meet the terms of the settlement it reached with the FTC earlier this year over claims it used personal information to sell targeted ads. As reported by The edgeAlex Heath, Twitter’s attorney, has already warned that the company could face billions in fines if it fails to follow the agency’s consent order.