Elon Musk is reportedly set to auction off various Twitter office supplies, including furniture, to clear rent dues of several weeks at its San Francisco headquarters and other global offices.
Musk has been trying to cut costs since his $44 billion takeover of the social media platform laying off employees and shutting down entire divisions.
He also introduced a paid system for blue tick verification.
According to reports, Musk is renegotiating the terms of the lease agreement even as real estate and management firms like Shorenstein, which owns Twitter’s San Francisco headquarters have complained against the company.
Twitter is also auctioning dozens of items of furniture, appliances, and memorabilia, including a large Twitter bird statue, a giant "@" sculpture, and other less interesting items like espresso machines and chairs.
The auction will be conducted online starting on January 17, 2023, and closing the next day, according to Heritage Global Partners, which is organising the sale.
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defense, and Chairman of the Dubai Executive Council, has announced that the Dubai World Trade Centre (DWTC) generated an economic output exceeding AED 22.35 billion in 2024.
OpenAI has announced the launch of a new version of its advanced tool 'Deep Research' integrated into ChatGPT, maintaining a high level of quality while introducing enhanced accessibility across user tiers.
Japan's Prime Minister Shigeru Ishiba on Friday said the government has compiled an emergency economic package to alleviate any impact on industries and households from new US import tariffs.
Bangladesh and the World Bank have signed two financing agreements worth $850 million to strengthen the South Asian country's trade capacity, create jobs and modernise its social protection system.
Saudi Arabia and India agreed to boost cooperation in supplies of crude and liquefied petroleum gas, according to a joint statement reported by the Saudi state news agency on Wednesday following a visit by Prime Minister Narendra Modi.