Musk Auctions Twitter HQ’s ‘Surplus’ Items: Bird Statue Fetches $100,000

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Last Updated: January 20, 2023, 09:13 IST

San Francisco, United States

 A Twitter bird statue fetched $100,000 on January 18, as Elon Musk auctioned off furniture, decorations, kitchen equipment and more from the tech firm's downtown San Francisco headquarters (Image: AFP)

A Twitter fowl statue fetched $100,000 on January 18, as Elon Musk auctioned off furnishings, decorations, kitchen gear and extra from the tech agency’s downtown San Francisco headquarters (Image: AFP)

Musk stated he has been reducing prices like ‘crazy’ after he took over the social media big

A Twitter fowl statue fetched $100,000 on Wednesday as Elon Musk auctioned off furnishings, decorations, kitchen gear and extra from the tech agency’s downtown San Francisco headquarters.

An on-line public sale of “surplus company workplace belongings of Twitter” that lasted slightly more than 24 hours also featured a 10-foot neon light in the shape of Twitter’s bird logo, which brought in a winning bid of $40,000, Heritage Global Partners auction service confirmed.

Among the 631 lots were espresso machines, ergonomically correct desks, televisions, bicycle-powered charging stations, pizza ovens and a decorative planter shaped like an “@” signal.

Musk in December stated that extreme value cuts at Twitter had repaired the corporate’s dire funds as he got down to discover a new CEO for his troubled social media platform.

The mercurial billionaire informed a dwell chat discussion board on the time that with out the modifications, together with firing over half of Twitter’s workers, the corporate would have bled $three billion a 12 months.

Musk stated he had been “reducing prices like loopy” at the platform he bought for $44 billion.

Just weeks into his ownership of Twitter, Musk fired about half of its 7,500-strong workforce, sparking concern that the company was insufficiently staffed to carry out content moderation and spooking governments and advertisers.

Musk said his strategy was to massively reduce costs while building up revenue, and that a new subscription service called Twitter Blue, which grants users a sought-after blue tick for a fee, would help reach that goal.

The service costs $11 a month in the United States and is available on Apple’s iOS and Google’s Android mobile operating systems, according to a page on the company’s website.

Web subscriptions are also available for $8 per month or, at a discount, $84 per year.

Twitter Blue is currently available in the United States, Canada, the United Kingdom, New Zealand, Australia and Japan.

Musk-led Twitter has been riven by chaos, with mass layoffs, the return of banned accounts and the suspension of journalists critical of the South African-born billionaire.

Musk’s takeover also saw a surge in racist or hateful tweets, drawing scrutiny from regulators and chasing away big advertisers, Twitter’s main source of revenue.

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(This story has not been edited by News18 workers and is revealed from a syndicated information company feed)

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