SAN 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
SAN FRANCISCO: A Twitter bird statue fetched US$100,000 on Wednesday as Elon Musk auctioned off furniture, decorations, kitchen equipment and more from the tech firm's downtown San Francisco headquarters.
Among the 631 lots were espresso machines, ergonomically correct desks, televisions, bicycle-powered charging stations, pizza ovens and a decorative planter shaped like an"@" sign. The mercurial billionaire told a live chat forum at the time that without the changes, including firing over half of Twitter's employees, the company would have bled US$3 billion dollars a year.Musk said he had been"cutting costs like crazy" at the platform he bought for US$44 billion.
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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