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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 03:53
AI’s Grip on Tech Set for Test With Microsoft, Alphabet Earnings
AI’s Grip on Tech Set for Test With Microsoft, Alphabet Earnings
Bets that artificial intelligence will revolutionize Corporate America and deliver riches to the biggest companies behind it will
2023-07-25 21:50
Nigerian Central Bank Is Losing a Battle to Close Naira-Rate Gap
Nigerian Central Bank Is Losing a Battle to Close Naira-Rate Gap
Nigeria’s official currency exchange rate is once again widening a gap with the parallel-market rate, shrugging off a
2023-07-19 17:51
Arduino PRO Introduces Portenta Hat Carrier, Providing a Modular SBC Offering to Bridge the Arduino and Raspberry Pi® Ecosystems
Arduino PRO Introduces Portenta Hat Carrier, Providing a Modular SBC Offering to Bridge the Arduino and Raspberry Pi® Ecosystems
TURIN, Italy--(BUSINESS WIRE)--Oct 25, 2023--
2023-10-25 19:20
Mexican and Russian oil shipments ease Cuban fuel crisis
Mexican and Russian oil shipments ease Cuban fuel crisis
With oil tankers docking from Mexico and Russia in recent days, Cuba could see its severe fuel shortage ease...
2023-06-10 23:15
US railroads mostly on board with lawmakers' safety push-CSX CEO
US railroads mostly on board with lawmakers' safety push-CSX CEO
By Lisa Baertlein CHICAGO U.S. freight railroads agree with most of federal lawmakers' efforts to make the industry
2023-05-18 05:57
FBI Access to Spy Data Needs Limits, White House Panel Says
FBI Access to Spy Data Needs Limits, White House Panel Says
A panel of national security experts convened by the Biden administration recommended further restrictions on the FBI’s ability
2023-08-01 02:20
Texas Gets Rolling Blackout Warning as Heat Stokes Power Use
Texas Gets Rolling Blackout Warning as Heat Stokes Power Use
Texas declared its first power emergency since a deadly winter storm two years ago and warned rolling blackouts
2023-09-07 09:46
UK Fails to Clear Any Offshore Wind in Renewable Energy Auction
UK Fails to Clear Any Offshore Wind in Renewable Energy Auction
Offshore wind, the UK’s star renewable energy technology, failed to win any contracts in this year’s auction, creating
2023-09-08 14:58
Asia Set for Calm Post-Fed Open; Wary Eyes on Yen: Markets Wrap
Asia Set for Calm Post-Fed Open; Wary Eyes on Yen: Markets Wrap
Asian equity futures were mixed after the Federal Reserve hiked interest rates to a 22-year high and indicated
2023-07-27 07:56
Big Tech’s Profit Machine Is Propping Up S&P 500 Earnings
Big Tech’s Profit Machine Is Propping Up S&P 500 Earnings
With the list of stock-market worries growing seemingly by the day, investors looking to earnings season for a
2023-10-16 01:29
USMCA trade panel rejects US complaint about access to Canada dairy market
USMCA trade panel rejects US complaint about access to Canada dairy market
OTTAWA A trade dispute settlement panel set up under a major North American free trade agreement has rejected
2023-11-24 22:22