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U.S. securities regulators are questioning Twitter about how it counts fake accounts on its platform. The Securities and Exchange Commission in June asked the company about its methodology for calculating the false or spam accounts and "the underlying judgments and assumptions used by management. The agency's Division of Corporation Finance made the request in a June 15 letter, shortly before Tesla CEO Elon Musk raised the issue as grounds to back out of a deal to buy Twitter for $44 billion. Such questions can be routine, and it wasn't clear whether the SEC has opened a formal investigation into Twitter's fake accounts. The SEC wouldn't comment Wednesday; Twitter didn't immediately reply to a request for comment. The law firm Wilson Sonsini of Palo Alto, California, replied in a June 22 letter saying the company believes it adequately disclosed the methodology in its annual report filed for 2021. The letter says that Twitter makes its estimates of false accounts with an internal
Israel and the US signed the first agreement for cyber-financial cooperation, the Israeli Ministry of Finance has said in a statement
California-based Cyber security company Trellix on Thursday announced the opening of a new data centre in Mumbai to help customers meet their data residency and compliance requirements.
Revelations of the attack come at a vulnerable time as the US govt grapples with a contentious presidential transition and a spiraling public health crisis
Officials said a hunt was on to determine if other parts of the government had been affected by what looked to be one of the most sophisticated, and perhaps among the largest, attacks
Trump's national security officials are reportedly considering a takeover of part of the nation's mobile network to guard against China