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Twitter to be evicted from Colorado office over unpaid rent
Twitter to be evicted from Colorado office over unpaid rent
Elon Musk’s Twitter is set to be evicted from their office in Colorado after the social media platform failed to pay its rent, according to reports. A judge signed an order on 31 May giving law enforcement 49 days to kick Twitter out of the office at 3401 Bluff Street in Boulder, Colorado, reported The Denver Post. The company once had 300 employees at the 65,000sq-ft office, but it is unknown if anyone even still works there after sweeping job cuts made by the billionaire after he bought the company last October. Last year, Twitter fired 87 employees at the Boulder, with another 38 voluntarily resigning, according to a November notice to the Colorado Department of Labor and Employment. Twitter’s landlords filed a complaint for unpaid rent against the company on 12 May, with court papers stating that the platform leased four units in the building in February 2020. The landlord stated that a default notice to Twitter was ignored and they instead used a letter of credit deposited by Twitter as security for the offices to pay $968,000 in rent, the newspaper reported. The landlord then asked Twitter to replenish the security deposit but says that the company ignored the request. The platform was also sued last month by Boulder’s Avalanche Commercial Cleaning for around $93,500 for unpaid bills. A request for comment from The Independent received an auto-reply with a poop emoji from Twitter. Read More Elon Musk to launch biggest ever rocket after dramatic failure Elon Musk eyes ‘highly habitable’ planet that’s ‘practically next door’ Jack Dorsey says Indian government threatened to ‘shut Twitter down’ and raid staff homes Elon Musk is hilariously shut down by his ‘favourite’ podcast Elon Musk appears to side with Republican shamed for criticising Megan Fox’s parenting
2023-06-15 03:48
Malaysian court unexpectedly dismisses dozens of graft charges against deputy prime minister
Malaysian court unexpectedly dismisses dozens of graft charges against deputy prime minister
A Malaysian court has dismissed 47 corruption charges against Deputy Prime Minister Ahmad Zahid Hamidi after prosecutors unexpectedly dropped the charges at an advanced stage of his trial
2023-09-04 18:28
DeSantis, appointees to Disney World governing board ask that Disney lawsuit be dismissed
DeSantis, appointees to Disney World governing board ask that Disney lawsuit be dismissed
Attorneys for Gov. Ron DeSantis, a state agency and his appointees to a board that governs Disney World are asking a judge to dismiss a federal lawsuit Disney has filed
2023-06-28 00:48
The Road to Modi’s Ambitious Make-in-India Goal Runs Through China
The Road to Modi’s Ambitious Make-in-India Goal Runs Through China
Fun Zoo Toys is an Indian manufacturing success story. The maker of heart-shaped cushions and “Little Ganesha” dolls
2023-06-08 08:53
Latvian Leader to Form New Government After Talks Break Down
Latvian Leader to Form New Government After Talks Break Down
Latvia’s premier said he’ll seek to form a new government with the country’s opposition after his coalition allies
2023-08-11 17:24
Bain to buy 90% stake in Adani Capital and Adani Housing
Bain to buy 90% stake in Adani Capital and Adani Housing
U.S.-based investment firm Bain capital said on Sunday that it has entered into an agreement to acquire 90%
2023-07-23 21:59
Stock market today: Asian stocks fall as concerns rise over Israel-Hamas war and high yields
Stock market today: Asian stocks fall as concerns rise over Israel-Hamas war and high yields
Asian shares have started the week lower, as higher risks of broader conflict in the Middle East cloud market sentiment and bond yields continue to rise
2023-10-23 13:23
Japan corporate service prices rise 2.1% yr/yr
Japan corporate service prices rise 2.1% yr/yr
TOKYO Japan's business-to-business service prices rose 2.1% in August from a year earlier, accelerating from a 1.7% year-on-year
2023-09-26 08:26
Futures down as Middle East conflict sparks run for safe-haven assets
Futures down as Middle East conflict sparks run for safe-haven assets
U.S. stock index futures slipped on Monday as a growing conflict between Israel and the Palestinian Islamist group
2023-10-09 17:56
Deutsche Bank to hold crypto for institutional clients
Deutsche Bank to hold crypto for institutional clients
By Elizabeth Howcroft LONDON Deutsche Bank has partnered with Swiss crypto firm Taurus to provide custody services for
2023-09-14 20:27
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
For a while, Sam Bankman-Fried tried to convince politicians and the public that he was the next J
2023-10-02 19:52
US to escalate claim that Mexico corn policy violates trade pact -Bloomberg News
US to escalate claim that Mexico corn policy violates trade pact -Bloomberg News
The United States is preparing to escalate its complaint that Mexico's ban on genetically modified corn violates the
2023-08-17 14:51