Mr Musk in December said that severe cost cuts at Twitter had repaired the company's dire finances as he set out to find a new CEO for his troubled social media platform.
An online auction of"surplus corporate office assets of Twitter" that lasted slightly more than 24 hours also featured a 10-foot neon light in the shape of Twitter's bird logo, which brought in a winning bid of US$40,000, Heritage Global Partners auction service confirmed.
Mr Musk in December said that severe cost cuts at Twitter had repaired the company's dire finances as he set out to find a new CEO for his troubled social media platform. Mr Musk said his strategy is to massively reduce costs while building up revenue, and that a new US$8 subscription service called Twitter Blue would help with that goal.
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Bird statue fetches US$100,000 as Musk auctions Twitter HQ itemsSAN FRANCISCO: A Twitter bird statue fetched US$100,000 on Wednesday (Jan 18) as Elon Musk auctioned off furniture, decorations, kitchen equipment and more from the tech firm's downtown San Francisco headquarters. An online auction of 'surplus corporate office assets of Twitter' that lasted slightly more t
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Climate misinformation 'rocket boosters' on Musk's TwitterWASHINGTON: Search for the word “climate” on Twitter and the first automatic recommendation is not “climate crisis” or “climate jobs” or even “climate change”, but instead “climate scam”. Clicking on the recommendation yields dozens of posts denying the reality of climate change and mak
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Twitter sued by unpaid experts hired for legal battle with Elon MuskA consulting firm claims it’s owed some $2.6 million for work relating to Twitter's lawsuit to force Musk to complete his buyout of the company. Read more at straitstimes.com.
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Jury hears Elon Musk told 'lies' that cost Tesla investors millionsSAN FRANCISCO: A lawyer for angry Tesla investors told a California courtroom on Wednesday that CEO Elon Musk 'lied' about having funding in place to take the company private, costing his clients millions of dollars. More than four years after firing off tweets saying he had funding secured to buy the elec
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Elon Musk 'lied' about funding to take Tesla private, investors' lawyer saysMusk's lawyer counters that the billionaire was serious, but encountered shareholder opposition. Read more at straitstimes.com.
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Elon Musk 'lied' about funding to take Tesla private, investors' lawyer saysSAN FRANCISCO - A lawyer for Tesla investors said on Wednesday (Jan 18) that chief executive officer Elon Musk “lied” when he tweeted in 2018 that funding was “secured” to take the company private. Mr Musk’s alleged lies caused “regular people” to lose millions, Mr Nicholas Porritt, lead attorney for the investors, told a jury in San Francisco during opening...
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