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Whistleblower claims Twitter is a risk to national security

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Twitter misled federal regulators about its defences against hackers and spam accounts, the social media company’s former security chief Peiter Zatko said in a whistleblower complaint

Shares of Twitter dropped sharply on Tuesday after the revelation of an explosive whistleblower complaint alleging the social media company misled federal regulators about its defences against hackers and spam accounts.

The disclosures come from Twitter’s former security chief Peiter Zatko, a famed hacker more widely known as “Mudge,” who has testified before Congress about the vulnerabilities of the internet in the past.

Zatko says “If you’re looking for computer security, then the internet is not the place to be.”

Zatko, seen in an interview with Reuters at the 2019 Black Hat cybersecurity conference, filed an 84-page complaint last month with multiple government agencies, alleging that Twitter falsely claimed it had a solid security plan and said he had warned colleagues that half the company’s servers were running out-of-date and vulnerable software.

The complaint, which was first reported by the Washington Post and CNN, was also sent to congressional committees.

A Twitter spokesperson said on Tuesday that Zatko was fired in January for “ineffective leadership and poor performance” less than two years after then-CEO Jack Dorsey appointed him to the role, and said his complaint was designed to capture attention and inflict harm on Twitter.

The whistleblower complaint comes at a rough time for the social platform, as its embroiled in a legal battle with Elon Musk after he said in July he was ending an agreement to buy the company, alleging Twitter had violated the terms of the deal.

The world’s richest person has accused Twitter of hiding information about how it calculates the percentage of bots on the service.

The whistleblower complaint alleges Twitter prioritised user growth over reducing spam, offering executives massive bonuses for increases in daily users and nothing explicitly for cutting spam.

CNN reported that Musk’s legal team has subpoenaed Zatko, after the whistleblower disclosure was made public. The Tesla CEO could not be reached for comment.

This report produced by Chris Dignam, Reuters.

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Why Australia is becoming the new home of the Hollywood blockbuster

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Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

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Portal between countries shut down after international flashing

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An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

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U.S. home prices surge 47%

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American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending

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