In a court filing, Elon Musk has accused Twitter of security lapses.

Tesla CEO Elon Musk accuses Twitter of security lapses in court filing.

Musk claims Twitter concealed serious flaws in data security.

Elon Musk, founder and CEO of Tesla Inc, filed an amended lawsuit against Twitter accusing the social media company of fraud for hiding serious flaws in its data security. The lawsuit claims that this allows Musk to terminate the $44 billion deal he made to buy the company.

Twitter has denied the allegations and says that Zatko was fired for poor performance. The trial is scheduled to begin October 17.

Musk alleges that Twitter hid from him that it was not complying with a 2011 agreement with the FTC.

Musk's lawyers allege in the filing that Twitter hid from him that it was not complying with a 2011 agreement with the FTC which requires Twitter to take steps to protect user information and prevent deceptive practices.

Musk says the claims by the whistleblower amount to fraud and breach of contract by Twitter.

Musk's lawyers claim that Zatko's allegations amount to fraud and breach of contract by Twitter, and they are seeking unspecified damages.

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Twitter shares respond to Musk's accusations.

Twitter shares up 0.6% in late Thursday trading.

Twitter shares were up 0.6% in late Thursday trading after CEO Elon Musk accused the social media company of fraud in a court filing. The lawsuit claims that Twitter concealed serious flaws in its data security, which allowed Musk to terminate the $44 billion deal he made to buy the company. Twitter has denied the allegations and says that Zatko was fired for poor performance. The trial is scheduled to begin October 17.

Twitter lawyers say Musk's claims are either not grounds for terminating the deal agreement or fail to meet the standard for fraud.

In a response to Musk's accusations, Twitter lawyers said that his claims are either not grounds for terminating the deal agreement or fail to meet the standard for fraud. They also said that the whistleblower, who was fired for poor performance, does not have any direct knowledge of the matter at hand.

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