I’m assuming you couldn’t get around the paywall, so here you go:
In May, Twitter’s landlord filed a complaint against its tenant Twitter, alleging that the company is behind on rent payments. The landlord is Lot 2 SBO LLC, affiliated with The John Buck Company, a Chicago-based real estate firm.
The complaint alleges that Twitter set up a letter of credit for $968,000 that the landlord could draw upon if the company failed to pay its rent, and the lease agreement said Twitter must replenish that letter of credit within 10 days if that were to happen.
The landlord used the letter of credit toward the unpaid rent this March, according to the complaint, but Twitter failed to restore the letter of credit within 10 days, as outlined in its lease.
If you’re bored and looking for something (un)interesting to read - you can see some of the legal filings surrounding the lawsuit for non-payment of rent on their SF headquarters on this website.
Valid question that can be expanded even further. Has Elon paid for… anything?! Last I heard, Google is still waiting on their payment for their cloud services. 😂
Wonder how much of them not just killing the servers is to avoid a monopoly lawsuit/perception.
I’d assume if they (Twitter) were a normal non-social advertising company they’d just cut them off and be done. Granted it’s hard to know how long they haven’t paid, but my guess is basically since Elon took over.
Apparently the parts of Twitter that run on Google Cloud are the parts dealing with safety. moderation, and anti-harassment. Musk loses nothing but Twitter becomes an even worse place than it currently is.
Have they paid for any of their offices?
I’m assuming you couldn’t get around the paywall, so here you go:
Basically yes, non-payment of rent.
If you’re bored and looking for something (un)interesting to read - you can see some of the legal filings surrounding the lawsuit for non-payment of rent on their SF headquarters on this website.
I don’t think they’ve even paid any bills.
Valid question that can be expanded even further. Has Elon paid for… anything?! Last I heard, Google is still waiting on their payment for their cloud services. 😂
Wonder how much of them not just killing the servers is to avoid a monopoly lawsuit/perception.
I’d assume if they (Twitter) were a normal non-social advertising company they’d just cut them off and be done. Granted it’s hard to know how long they haven’t paid, but my guess is basically since Elon took over.
Apparently the contract is up at the end of the month. So google is meeting there end of the deal even if twitter is not meeting theirs.
Heh, if I’m Google I’m just calling it. They have nothing to lose, a single Twitter team is a drop in the bucket for them.
Apparently the parts of Twitter that run on Google Cloud are the parts dealing with safety. moderation, and anti-harassment. Musk loses nothing but Twitter becomes an even worse place than it currently is.
“Won’t have to pay if I get rid of the block function. It’s not harassment if everyone’s being harassed!”
-lil musky, probably
deleted by creator
Or what if they combine into (Google+Twitter)•Reddit
deleted by creator
I wish, I really liked G+. My sharing is based on common interests, not relationship.
deleted by creator
It’ll only be a week before they kill it again.
deleted by creator