A Twitter lawyer sent an alarming message to colleagues this morning, saying that Elon Musk “is willing to take on a huge amount of risk in relation to this company and its users” and is at risk of putting the company in violation of its FTC consent decree https://www.theverge.com/2022/11/10/23451198/twitter-ftc-elon-musk-lawyer-changes-fine-warning via alexheath
Twitter lawyer warns that Elon Musk is putting company at risk of billions in FTC fines

Twitter’s chief privacy officer, chief compliance officer, and chief information security officer have all stepped down.

The Verge
@taylorlorenz I want nothing to do with Twitter, but in general I like his willingness to bend the rules to get things done. I do not like his attention-seeking or failing to repudiate bigots or at least acknowledge that non-bigots' desire to avoid bigots and conspiracy theorists is not censorship.

@taylorlorenz @cgervasi report on yesterday’s livestream: “Elon suggested that, in the future, users would be able to send money to others on the platform, extract their funds to authenticated bank accounts and, later, perhaps, be offered a high-yield money market account to encourage them to move their cash to Twitter.”

Is bending the rules admirable if Twitter moves in this direction?
(honest question, no snark intended)

@sb @taylorlorenz I think yes, *if* the market wants social media combined with banking. I don't see why customers would want that. I think decentralized finance may be huge, but I don't get how it relates to a social media company.