Twitter faces lawsuits alleging millions in unpaid expenses – CBS News

Landlords, vendors and other outside companies have all filed cases against Twitter in recent months, state and federal court records show.

A lawsuit filed last month in California by marketing firm Canary accuses Twitter of breaching a contract between both companies in June 2020.

In a separate case filed last month, property management company Columbia Reit accuses Twitter of not paying nearly $140,000 in rent on another office space it occupies in San Francisco, the lease for which expires in 2024.

Twitter is also being sued by Private Jet Services Group for breach of contract on two charter flights, valued at $197,725.

Since Musk, the co-founder and CEO of Tesla, took over Twitter, he has implemented several cost-cutting measures, including laying off half of the platform’s workforce, creating a new paid subscription feature and ending enforcement of rules around COVID-19 misinformation.

“Last 3 months were extremely tough, as had to save Twitter from bankruptcy, while fulfilling essential Tesla & SpaceX duties,” Musk tweeted earlier this month.

Last 3 months were extremely tough, as had to save Twitter from bankruptcy, while fulfilling essential Tesla & SpaceX duties.

Twitter has also auctioned off more than 600 pieces of used furniture, electronics, kitchen equipment and other in-office appliances from its headquarters.

…Read the full story