Twitter Suffers a Major Leak

Twitter said that a portion of its source code was leaked online. The legal finding stated that the postings infringe copyrights held by the company.

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GitHub complied to Twitter's request, and removed the code the same day, company confirmed to CNBC.

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Twitter requested U.S. District Court to order Github to reveal the identities of the users who have posted, accessed, and downloaded the leaked code.

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Elon Musk previously stated that the code that recommends tweets would be open-sourced on March 31.

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A recent report suggested Twitter's valuation is at around $20 billion which is less than half of which Musk has purchased Twitter

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About 75 percent of Twitter's 7,500 employees have been laid off since October when Mr. Musk purchased Twitter for $44Billion.

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