Twitter defaulting tenant: the social network does not pay rent, sued for over 130 thousand dollars
Twitter defaulting tenant: the social network does not pay rent, sued for over 130 thousand dollars.
According to US media, Twitter is no longer paying the rent for many of its offices. For the headquarters alone, he has accumulated a monstrous debt.
Twitter has been sued for failing to pay the rent on its San Francisco headquarters. According to Bloomberg, the debt would amount to at least $136,250 and the situation would be common to several other offices of the social network.
The owner of the property, Columbia Reit – 650 California LLC, had notified the non-payment of the company on December 16, providing a deadline, which was not met, of five days.
Twitter has failed to pay the rent in recent months not only in San Francisco, but also in numerous other cities where its offices are located. The company would also be sued on charges of not paying for some private flights, for a total of about another $190,000.
Twitter no longer has a press office and has therefore not responded to requests for clarification from the American press.
Since last November, Twitter has been owned by Elon Musk, who along with other investors bought it for $44 billion. Since the social network changed management it has been at the center of numerous controversies: the social network has reinstated the account of former President Donald Trump, together with other controversial personalities banned in recent years. The plan to increase the company’s revenues through a new version of the Twitter Blue subscription has produced controversial results and has been accompanied by just as many controversies and problems.