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Twitter faces $136,260 lawsuit for failing to pay rent since Elon Musk takeover

01/06/202301/05/2023 John Montgallo

The San Francisco branch’s landlord has accused the company of leaving rent unpaid. As Elon Musk makes drastic cuts all over Twitter in an attempt to save on expenses – while watching his own fortune shrink – the social media company is now facing a lawsuit from its San Francisco branch landlord for failing to pay the rent. The company is being sued for $136,260 in unpaid rent, while already slashing workers and furniture. The rent owed is for the offices Twitter rents on the 30th floor of a downtown…

The Twitter blue checkmark is back and it’s more expensive for iPhone users

12/14/202212/13/2022 John Montgallo

The service, which failed miserably last month, is back at the same price and more for Apple customers. Twitter has announced that it has relaunched its blue checkmark subscription service, and is once again offering users verified status for $8 per month. That said, iPhone users will need to pay more for the same feature, at $11 per month. Last month, the attempted launch of the service led to a massive number of impersonator accounts. People worldwide took the opportunity last month to launch fake “verified” accounts for public figures…

Twitter takeover to go forward after all, suggests Elon Musk

10/07/202210/08/2022 Stephanie Beck

As the social media platform’s court date against the Tesla CEO approaches, he’s changed tacks. Technology news reports are showing that billionaire Elon Musk has changed his mind about backing out on his Twitter takeover and now intends to go ahead with it. The social media company’s shares spiked by 12.7 percent on the news of Musk’s decision. When Musk made an offer to purchase the San Francisco-based company for $54.20 per share, share prices immediately took off by nearly 13 percent, reaching $47.95 before the trading was stopped. Elon…

Elon Musk faces lawsuit for backing out of $44 billion Twitter takeover

07/14/202207/13/2022 L. Green

The Tesla and SpaceX founder cited issues with fake accounts as his reason for withdrawing. Elon Musk recently announced that he was abandoning his intentions for a Twitter takeover, claiming that the social media platform was in violation of the agreement they had made. On Tuesday, the social media company filed a court order in Delaware to require the completion of the deal. Twitter Inc. has sued Elon Musk for being in violation of the $44 billion Twitter takeover deal. The lawsuit included a request that a Delaware court order…

Starlink satellite internet achieves important 400,000 subscriber milestone

05/31/202205/30/2022 Sam Lambert

The SpaceX company shared with the FCC the new number, which is up from 250,000 in March. SpaceX, the Elon Musk space company, shared with federal regulators in a recent presentation that its Starlink satellite internet service now has more than 400,000 subscribers worldwide. This new subscriber data shows that the company is experiencing substantial and rapid growth. The company has been taking in a rising number of subscribers for its satellite internet service, which first launched in October 2020. In just March, Starlink had announced that it had about…