Data confidentiality: Twitter agrees to pay $ 150 million fine

The authorities accuse the platform of having deceived its users from 2013 to 2019. At the same time Elon Musk increases to 33.5 billion dollars the direct contribution to buy the social network.

Le Monde with AFP

The US Ministry of Justice announced on Wednesday May 25 that it has made an agreement with Twitter which provides for a fine of $ 150 million and obligations for the social network to better respect the confidentiality of personal information.

The authorities accuse the platform of having deceived its users from 2013 to 2019 by hiding them that they used their personal data to help companies send them targeted advertising.

At the same time, Elon Musk has raised to $ 33.5 billion the amount brought directly by the entrepreneur and his partners for the repurchase of Twitter, further lowering the amount borrowed from banks.

The director general of Tesla, who had initially subscribed for 25.5 billion credits, lowered these loans to $ 13 billion, according to a document registered Wednesday by the US Markets Authority (SEC), which lightens considerably its financial charge.

/Media reports.