Twitter is facing a lawsuit over allegations it failed to pay rent for its head office, according to California court documents. The owner of its premises in central London, meanwhile, said it’s taking the company to court over rental debt.
Musk is slashing costs after his $44 billion deal last year to buy Twitter left the company on the hook for about $1 billion in annual interest payments. Twitter has already been taken to court this month for falling behind on rent at another San Francisco office.
It’s the latest legal headache for Musk, who has been testifying in recent days in a separate classaction lawsuit from Tesla investors alleging his 2017 tweet misled them about funding to take the electric carmaker private.
This story is from the January 27, 2023 edition of AppleMagazine.
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This story is from the January 27, 2023 edition of AppleMagazine.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 8,000+ magazines and newspapers.
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