Tag: san francisco

  • Twitter sued for failing to pay San Francisco office rent

    Twitter sued for failing to pay San Francisco office rent

    Elon Musk’s social media company is being sued by California Property Trust, the owner of the building where Twitter’s headquarters are located, for failing to pay $136,250 in rent.

    Bloomberg reports (via The Verge) that on December 16th, the company informed Twitter that it would be in breach of its contract for the 30th floor of the Hartford Building in San Francisco if it did not make the unpaid rent payment within four days.

    Twitter was said to have disobeyed the order by California Property Trust in a complaint submitted this week to the San Francisco County Superior Court.

    The New York Times reported on December 13 that Twitter had just stopped paying rent on all of its international locations to reduce costs. In addition, the business is being sued for failing to reimburse Musk for $197,725 in charter flights he took during his first week working for Twitter. In the same time frame, Musk is said to have bolstered Twitter’s legal team with “more than half a dozen” attorneys from SpaceX.

  • Elon Musk enters Twitter office holding a bathroom sink

    Elon Musk enters Twitter office holding a bathroom sink

    Billionaire Elon Musk entered the Twitter’s San Francisco office on Wednesday with a bathroom sink in his hands, with just a few more days to finalise his acquisition of Twitter and avoid a fresh court hearing.

    “Entering Twitter HQ – let that sink in!” the Tesla and SpaceX CEO tweeted with a video of his entrance.

    Earlier, Musk also changed his bio on Twitter, where he has more than 110 million followers, to “Chief Twit.”

    Musk must finalise the purchase of Twitter by Friday at 5 p.m. Eastern Time, or else he will have to consider going to trial once again.

    When Musk attempted to terminate their $44 billion merger deal, Twitter sued him on the grounds that it had been negligent in disclosing information concerning spam and bots on its network, which he claimed would have a materially negative impact. This was refuted by Twitter.

    After Musk said that he would in fact be prepared to purchase Twitter, a judge in the Delaware Chancery Court set the Friday deadline.

    Twitter wants the court to continue to be engaged because it did not trust Musk’s word. The judge ultimately decided to postpone the trial that had been scheduled for last week and gave the parties until the end of this week to reach a settlement; otherwise, she would schedule fresh trial dates for November.