Elon Musk Cites Whistleblower Claims , As Another Reason To Back Out of Twitter Deal.<br />Elon Musk Cites Whistleblower Claims , As Another Reason To Back Out of Twitter Deal.<br />'Bloomberg' reports Musk's newest reason for wanting to terminate his $44 billion deal to take over the company , has to do with accusations made by <br />Twitter's ex-head of security, Peiter Zatko. .<br />'Bloomberg' reports Musk's newest reason for wanting to terminate his $44 billion deal to take over the company , has to do with accusations made by <br />Twitter's ex-head of security, Peiter Zatko. .<br />Zatko previously claimed to have questioned Twitter's handling of and <br />lack of protections for user data. .<br />He also alleged that the social media company had been running out-of-date software and withholding information about security breaches. .<br />In a filing on Aug. 30, Musk's lawyers asserted that Zatko's allegations meant Twitter breached merger agreement conditions. .<br />In a filing on Aug. 30, Musk's lawyers asserted that Zatko's allegations meant Twitter breached merger agreement conditions. .<br />Twitter's lawyers hit back, saying Musk's reasons for terminating the deal are <br />"invalid and wrongful under the agreement.".<br />'Bloomberg' reports Twitter shares fell 1.3% on Aug. 30 in premarket trading.<br />Musk has been trying to get out of the deal for months, <br />first citing Twitter's alleged dishonesty in disclosing the number of fake accounts on the platform.<br />Twitter sued Musk in July to force him <br />to go through with the purchase. .<br />Twitter sued Musk in July to force him <br />to go through with the purchase. .<br />Zatko, along with over 100 other people, banks and firms, have been subpoenaed to testify in the trial that is set to begin Oct. 17.
