Twitter and Elon Musk Face Legal Risks in FTC Probe – WSJ

twitter-and-elon-musk-face-legal-risks-in-ftc-probe-–-wsj

FTC’s inquiry, including efforts to get Twitter’s exchanges with journalists, comes under fire at House subcommittee hearingWASHINGTON—New details about the Federal Trade Commission’s probe into Twitter Inc. point to the significant and potentially costly legal risks the company faces as Elon Musk tries to get the company on the road to long-term profitability.The FTC’s hundreds of written demands to the company in recent months, reported by The Wall Street Journal earlier this week, show it is investigating Mr. Musk’s personal role in high-profile decisions including massive layoffs, rapid changes to Twitter’s features and the sharing of internal company records with journalists.
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