Elon Musk-led Twitter has been sued by at least six companies for failing to pay bills
Publishing timestamp: 2023-02-24 17:58:44
Summary
Twitter, led by Elon Musk, has been sued by six companies in the US for non-payment of bills since Musk took over the social media business last October. The latest complaint comes from tech startup Writer, Inc. for an amount of $113,856. Finance experts have said that non-payment disputes are more typical of financially distressed companies, and that Twitter is likely struggling to generate positive free cash flow to pay its obligations.
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Keywords: tesla inc, elon musk, san francisco, business news, salesforce inc, technology, social media,