Musk is auctioning off items from Twitter HQ

SAN FRANCISCO, California: A Twitter chicken statue raised $100,000 on Wednesday as Elon Musk auctioned off furnishings, décor, kitchen home equipment and extra from the tech firm’s downtown San Francisco headquarters.

Just a little over 24-hour on-line public sale of “Twitter’s Surplus Company Workplace Belongings” additionally featured a 10-foot neon mild formed just like the Twitter chicken brand, which fetched a hammer worth of $40,000, public sale service Heritage World Companions confirmed .

Among the many 631 heaps had been espresso machines, ergonomically appropriate desks, televisions, bicycle-powered charging stations, pizza ovens and an ornamental planter within the form of an “@” signal.

Musk mentioned in December that drastic value cuts at Twitter had mended the corporate’s ailing funds as he got down to discover a new chief government officer for his ailing social media platform.

The moody billionaire mentioned on a stay chat discussion board on the time that with out the modifications, together with shedding greater than half of Twitter’s workers, the corporate would have wasted $3 billion a yr.

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Musk mentioned he “reduce prices like loopy” on the platform he purchased for $44 billion.

Simply weeks after his acquisition of Twitter, Musk laid off about half of his 7,500 workers, sparking issues that the corporate did not have sufficient employees to deal with content material moderation and spooked governments and advertisers.

Musk mentioned his technique is to massively reduce prices whereas constructing income, and {that a} new subscription service referred to as Twitter Blue, which grants customers a coveted blue tick for a payment, would assist obtain that aim.

The service prices $11 a month in america and is obtainable on Apple’s iOS and Google’s Android cell working programs, in keeping with a web page on the corporate’s web site.

Internet subscriptions are additionally out there for $8 monthly or discounted for $84 per yr.

Twitter Blue is presently out there within the US, Canada, UK, New Zealand, Australia and Japan.

Musk-run Twitter has been roiled in chaos, with mass layoffs, the return of suspended accounts and the suspension of journalists who criticized the South African-born billionaire.

Musk’s acquisition additionally led to a surge in racist or hateful tweets, which got here underneath scrutiny from regulators and enormous advertisers, Twitter’s principal income, had been banned.