Elon Musk is in legal trouble-case filed?...
Elon Musk is in legal trouble-case filed?...
Tesla CEO Elon Musk bought twitter a few months back. Musk is constantly making changes in the company, but now he is facing financial setbacks. Where they have brought subscriptions on Twitter's services to earn money. Apart from this, now he is also doing cost cutting in his office. Amidst all this, he has not been able to pay the rent of his twitter office in San Francisco, due to which a lawsuit has also been filed against him.According to the information, legal trouble has come in front of twitter owner Elon Musk due to non-payment of rent. The company has been sued for failing to pay $136,250 (about Rs 1.25 crore) in rent. According to Land Owner Columbia Reet - 650 california LLC, Elon Musk was informed for this only on december 16 but no action has been taken on the notice.
The list of recent modifications on twitter has been expanded with a new addition. This change is related to the bookmarks feature. Microblogging site CEO Elon Musk has announced a change in the user interdata-face of the platform's 'Bookmarks' feature by tweeting.Several media reports have claimed that twitter has not paid rent for its headquarters or any of its other global offices in weeks. This is not the first time twitter has been sued. Earlier too, the company had to move the court for refusing to pay for two charter flights.A New York Times report states that twitter has stopped paying rent after its new owner Elon Musk's $44 billion acquisition. Musk said twitter has suffered a "precipitous decline in revenue" in the days following the $44 billion acquisition of the company, leaving the company at a loss.
Tesla CEO Elon Musk bought twitter a few months back. Musk is constantly making changes in the company, but now he is facing financial setbacks. Where they have brought subscriptions on Twitter's services to earn money. Apart from this, now he is also doing cost cutting in his office. Amidst all this, he has not been able to pay the rent of his twitter office in San Francisco, due to which a lawsuit has also been filed against him.According to the information, legal trouble has come in front of twitter owner Elon Musk due to non-payment of rent. The company has been sued for failing to pay $136,250 (about Rs 1.25 crore) in rent. According to Land Owner Columbia Reet - 650 california LLC, Elon Musk was informed for this only on december 16 but no action has been taken on the notice.
The list of recent modifications on twitter has been expanded with a new addition. This change is related to the bookmarks feature. Microblogging site CEO Elon Musk has announced a change in the user interdata-face of the platform's 'Bookmarks' feature by tweeting.Several media reports have claimed that twitter has not paid rent for its headquarters or any of its other global offices in weeks. This is not the first time twitter has been sued. Earlier too, the company had to move the court for refusing to pay for two charter flights.A New York Times report states that twitter has stopped paying rent after its new owner Elon Musk's $44 billion acquisition. Musk said twitter has suffered a "precipitous decline in revenue" in the days following the $44 billion acquisition of the company, leaving the company at a loss.