Twitter did not have to pay office rent in America, case filed against company

Microblogging site Twitter has increased difficulties due to non -payment of office rent in San Francisco, USA. The company has been sued in court. Twitter owes $ 1,36,250 fare. The owner of this office Columbia Reit has told that he had given notice to Twitter on 16 December that if the fare was not paid, it would default on its lease.

According to Bloomberg report, in the complaint filed in the court, Columbia Reit has claimed that Twitter has not followed the terms of the agreement. There was also a lawsuit on Twitter to refuse to pay two charter flights in December. Another report states that the company has not paid its headquarters and some other international office fare for a few weeks.

Billionaire Alan Musk has been making major changes in the company since the takeover of Twitter in October last year. Musk had trimmed about half the staff after acquiring Twitter control. After this, some journalists had to face strong opposition after stopping the Twitter accounts. Regarding this, the European Union (EU) warned of imposing restrictions on Twitter. However, the decision was later withdrawn by Musk. These journalists were banned due to giving reports related to Musk. Electric car maker Tesla is also the Musk Chief Executive. Tesla’s value has decreased by more than half after the musc for Mask in April to Twitter. Musk has sold about $ 23 billion shares of the company since April. This can make them easier to raise funds for a 44 billion deal to buy Twitter.

The decline in Tesla’s share price has also been snatched away by the world’s most rich man’s musk. According to Forbes, Musk’s net worth has come down to about $ 174 billion. French businessman Bernard Arnault has won the world’s most rich man, leaving Musk behind. Musk has been facing difficulties since buying Twitter.