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Tech platforms in trouble: Social media companies downsizing, facing government scrutiny

Major tech companies are in trouble. Prominent social media platforms Twitter and Meta are laying off thousands of workers and changing their businesses while facing new governmental scrutiny.

Twitter’s chief information security officer quit on Thursday, announcing the departure as the company’s new owner Elon Musk has toyed with changes to how the platform verifies the authenticity and authority of its users.

“I’ve made the hard decision to leave Twitter,” departing executive Lea Kissner said on Twitter. “I’ve had the opportunity to work with amazing people, and I’m so proud of the privacy, security, and IT teams and the work we’ve done.