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The Twitter blue bird statue was sold for $100,000 on Wednesday in an auction organized by the social networking site Twitter. Elon Muskwhich has been multiplying the savings measures since it acquired the platform at the end of October.
Tables, coffee machines and decor items such as a 2m @ shaped vase were part of the 631 lots sold.
According to Heritage Global Partners, the company behind the online sale, a huge blue bird light installation was donated for $40,000.
Elon Musk and unprofitable Twitter
In early November, after buying Twitter for $44 billion, Elon Musk laid off half of the group’s 7,500 employees, explaining that the company was losing more than $4 million a day.
The platform gets most of its revenue from ads, but the opinions and decisions of the executive Tesla due to content moderation, several advertisers were scared away.
Report Information indicates that Twitter will receive 40% less income compared to last year.
In December, the billionaire said during an online discussion that he had begun “frantically cutting spending” to avoid a default.
Thanks to the savings and the launch of a new paid subscription for $8 a month, she predicts the social network could achieve sales of around $3 billion in 2023.
According to AFP
Source: RPP
I’m a passionate and motivated journalist with a focus on world news. My experience spans across various media outlets, including Buna Times where I serve as an author. Over the years, I have become well-versed in researching and reporting on global topics, ranging from international politics to current events.