Twitter’s source code leak could represent ‘major crisis’

Platform issues subpoena demanding identity of user who leaked code | Security breach coincides with drop in value by more than 50% | Lawyers speculate on employee revenge as motivation following mass layoffs.

Things just don’t seem to be going so well for Twitter these days.

Since Elon Musk bought the company in October 2022 for $44 billion, both the social media platform and its new owner have been plagued by controversy and chaos.

Following his acquisition, the self-described ‘free speech absolutist’ embarked upon major reforms of the site, which have proven rather unpopular. In a bid to cut costs, Musk laid off half of Twitter’s 7,500 employees. A further 25% have since resigned.