Some parts of Twitter source code — the fundamental computer code that powers the social network — were leaked online. The social media firm said in a legal filing on Sunday.
Twitter requested that GitHub, an internet hosting service for software development, remove the code from the location where it was posted. In a legal document, which was submitted with the United States District Court for the Northern District of California.
According to the filing, the platform complied and stated that the material had been disabled. Twitter also requested that the court identify the accused infringer or infringers who posted Twitter’s source code on GitHub-operated systems.
Twitter, based in San Francisco, noted in the filing that the postings infringe copyrights held by Twitter.
The leak creates more challenges for billionaire Elon Musk. He brought Twitter last October for $44 billion and took the company private. Since then, it has been engulfed in chaos. With massive layoffs and advertisers fleeing.
Meanwhile, the Federal Trade Commission is probing Musk’s mass layoffs at Twitter. Trying to obtain his internal communications as part of ongoing oversight.
Twitter is now worth $20 billion
Meanwhile Elon Musk has put the current value of Twitter at $20 billion. Less than half the $44 billion he paid for the social media platform just five months ago, according to an internal email seen by American news media.
The compensation plan values the platform at $20 billion. Slightly more than that of Snap ($18.2 billion), parent company of Snapchat. Or of social network and creative website Pinterest ($18.7 billion), both of which, unlike Twitter, are publicly traded.
“Twitter was trending to lose $3B/year,” Musk said in a message posted Saturday on the platform.
He cited a revenue drop of $1.5 billion a year and a debt-servicing burden of the same amount . Leaving it with “only 4 months of money.”
Musk, Twitter’s majority shareholder, added simply: “Extremely dire situation.”
