{"id":487275,"date":"2022-08-24T02:53:43","date_gmt":"2022-08-23T23:53:43","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/twitter-whistleblower-wont-bolster-elon-musks-case-experts-say\/"},"modified":"2022-08-24T02:53:43","modified_gmt":"2022-08-23T23:53:43","slug":"twitter-whistleblower-wont-bolster-elon-musks-case-experts-say","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/twitter-whistleblower-wont-bolster-elon-musks-case-experts-say\/","title":{"rendered":"#Twitter whistleblower won&#8217;t bolster Elon Musk&#8217;s case, experts say"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a4131862ac56\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a4131862ac56\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/twitter-whistleblower-wont-bolster-elon-musks-case-experts-say\/#%E2%80%9CTwitter_whistleblower_wont_bolster_Elon_Musks_case_experts_say%E2%80%9D\" >&#8220;Twitter whistleblower won&#8217;t bolster Elon Musk&#8217;s case, experts say&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CTwitter_whistleblower_wont_bolster_Elon_Musks_case_experts_say%E2%80%9D\"><\/span>&#8220;Twitter whistleblower won&#8217;t bolster Elon Musk&#8217;s case, experts say&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<p>Elon Musk shouldn\u2019t get his hopes up that revelations from a Twitter whistleblower would boost the Tesla boss\u2019s chances of winning his case against the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social media<\/a> site, experts told The Post.<\/p>\n<p>The whistleblower, former Twitter security chief Peiter\u00a0\u201cMudge\u201d\u00a0Zatko, accused the company of \u201clying about bots to Elon Musk\u201d and having lackluster cybersecurity, among other explosive allegations.<\/p>\n<p>The <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> sent twitter shares plunging 7.3%, to close at $39.86 on Tuesday, indicating that investors believe the Delaware Court of Chancery is less likely to force Musk to go through with his deal to buy the site for $54.20 per share.\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/08\/elon-musk-2.jpg?w=1024\" alt=\"Elon Musk\" class=\"wp-image-23581616\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/08\/elon-musk-2.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/08\/elon-musk-2.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/08\/elon-musk-2.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Twitter wants to force Elon Musk to go through with his $44 billion buyout deal. <\/figcaption><figcaption><span class=\"credit\">AP<\/span><\/figcaption><\/figure>\n<p>But investment analyst and ex-corporate attorney J.B. Heaton told The Post that the markets are overexcited about Zatko\u2019s claims \u2014 and that Tuesday\u2019s drama will turn out to be \u201cmuch ado about nothing.\u201d <\/p>\n<p>The feuding parties have a hearing slated for Wednesday before the trial begins Oct. 17.\u00a0<\/p>\n<p>\u201cThere are no \u2018gotchas\u2019 here,\u201d Heaton told The Post, predicting that Twitter\u2019s share price will surge back to $44 or $45 in the coming days. \u201cI don\u2019t see how people can point to something that gets Musk out of the deal.\u201d\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/08\/peiter-zatko-whistleblower.jpg?w=1024\" alt=\"Peiter Zatko\" class=\"wp-image-23582928\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/08\/peiter-zatko-whistleblower.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/08\/peiter-zatko-whistleblower.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/08\/peiter-zatko-whistleblower.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Former Twitter security chief Peiter\u00a0Zatko accused the company of \u201clying about bots to Elon Musk.\u201d<\/figcaption><figcaption><span class=\"credit\">The Washington Post via Getty Images<\/span><\/figcaption><\/figure>\n<p>Market Securities, an arbitrage trading firm, likewise downplayed Tuesday\u2019s downturn as an \u201coverreaction\u201d in an investor note obtained The Post.\u00a0<\/p>\n<p>\u201cWe think adjusting downside is warranted, given Musk continues to try to tear the company apart,\u201d Market Securities analysts wrote, adding they found Zatko\u2019s claim that he hasn\u2019t spoke to Musk to be \u201csuspect.\u201d\u00a0<\/p>\n<p>\u201cEven\u00a0then so [sic], this seems like an overreaction,\u201d Market Securities said.\u00a0<\/p>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p>Both Heaton and Market Securities predicted that the whistleblower complaint, which was filed with the Securities and Exchange Commission in July, is unlikely to have a serious impact on Delaware Court of Chancery Judge Kathaleen McCormick.\u00a0<\/p>\n<p>Even if Zatko were to theoretically present evidence that Twitter intentionally downplayed a bot problem, the coverup would have to be extremely vast in order to get Musk out of the deal, Heaton said.\u00a0<\/p>\n<p>Simply revealing that spam accounts made up 6% or 9% instead of 5% of Twitter accounts would likely not be enough to prove that Musk was misled to an extent that should allow him to wriggle out of the deal, Heaton said. Instead, the level of fraud at Twitter would have to be far higher.\u00a0<\/p>\n<p>\u201cAnything that gets Musk out of this deal is sending some people to prison \u2014 it would have to be that severe,\u201d Heaton said. \u201cIt would have to be an almost Enron-level disclosure problem. If Elon gets away, you could probably expect to see criminal charges being brought.\u201d\u00a0<\/p>\n<p>Market Securities likewise predicted that \u201cthis news today should NOT weigh on the Judge, other than her personal fear that this will not settle before getting to her.\u201d\u00a0<\/p>\n<p>The trading firm said that it had previously thought Musk and Twitter would reach a settlement on the eve of the trial, but that Zatko coming forward could \u201cembolden\u201d Musk to fight the case in court.\u00a0\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/08\/23\/twitter-whistleblower-wont-bolster-elon-musks-case-experts-say\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Twitter whistleblower won&#8217;t bolster Elon Musk&#8217;s case, experts say&#8221; Elon Musk shouldn\u2019t get his hopes up that revelations from a Twitter whistleblower would boost the Tesla boss\u2019s chances of winning his case against the social media site, experts told The Post. The whistleblower, former Twitter security chief Peiter\u00a0\u201cMudge\u201d\u00a0Zatko, accused the company of \u201clying about bots&#8230;<\/p>\n","protected":false},"author":1,"featured_media":487276,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/08\/elon-musk-2-2.jpg?quality=75&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[132561,70287,39394,70446,10401],"class_list":["post-487275","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-8-23-22","tag-delaware","tag-elon-musk","tag-lawsuits","tag-twitter"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/487275","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=487275"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/487275\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/487276"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=487275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=487275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=487275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}