The Twitter network, in default, sued by the British Crown
Published in :
In the United Kingdom, Twitter is being sued by the British Crown, which accuses it of not paying the rent for its headquarters in London. In London, the blue bird firm settles in a complex owned by the Crown Estate, one of the largest landowners in Great Britain.
In London, Twitter’s offices are located -since 2014- in an imposing building near Piccadilly Circus, in the heart of the British capital. according to the newspaper The Telegraphthe logo of the social network has disappeared from the building in question, but the company would still occupy it.
Since buying Twitter last year for $44 billion, Elon Musk has been looking to cut costs. Everything is fine to unload, starting with the workforce, three quarters of which have already been laid off. The company sells coffee machines and decorative items with a desire.
For two months Twitter would not have paid for the premises it occupies in San Francisco. Elon Musk, the capricious businessman, faces a horde of advertisers reluctant to relaunch their ad campaigns. No advertiser, no money coming in. Meanwhile, Twitter leaves its accounts unpaid.
►Read also : Twitter, Starlink, Tesla: Elon Musk’s very busy year (Today the economy, the portrait, December 30, 2022)