Shulou(Shulou.com)11/24 Report--

On the morning of May 29, Beijing time, it was reported that on Friday, a US public relations firm sued Twitter because Twitter had not paid fees to the company since Musk bought Twitter.

Joele Frank, a representative of the public relations firm, asked Twitter to pay $830498 in arrears (currently about 5.872 million yuan) and provided six unpaid invoices. Musk considered quitting when buying Twitter, when Twitter sued Musk to force him to complete the acquisition, including subpoenas for the lawsuit.

According to the public relations firm, Twitter terminated its contract with the public relations firm just three weeks after Musk completed the acquisition, and Twitter has not communicated about the payment since then, but promised to "start processing immediately" in an "automated" tone. Frank has been serving Twitter since January 2015.

Twitter no longer has a media relations office. When the reporter asked Twitter about the matter, the other party unexpectedly responded with a stool emoji.

Now that Musk has acquired the debt owed by Twitter,Twitter, he naturally inherits it. Musk went on a cost-cutting spree after the acquisition, and many landlords, suppliers and consultants sued Twitter for arrears. In Delaware, three former executives sued Twitter, accusing Twitter of failing to reimburse more than $1 million in legal fees.

The current state of Twitter is worrying, and advertising revenue is declining, but Musk promised to turn the cash flow back as soon as this quarter. More than half of the value of Twitter has evaporated since the acquisition.

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