The Crown Estate, the body that manages assets owned by the British monarchy, announced on Tuesday that took legal action against the American social network Twitter, accusing it of not paying the rent of its headquarters in London.
A representative of the Crown Estate said that had contacted Twitter and that it was in talks with the company, bought in October for $44 billion by billionaire Elon Musk.
Since then, the founder of Tesla and Space X has fired half the staff and has stopped paying the rent on several of its offices in an attempt to save money, according to US media. The company has already been sued by several owners in the United States.
In London, Twitter’s headquarters have been located near Picadilly Circus since 2014, in a complex called Air W1, owned by the British royal family. The Daily Telegraph newspaper reported that the logo of the social network was removed from the buildingbut an employee of the company assured that it continues to occupy the premises.
Twitter could not be reached for comment. The Crown Estate, one of the largest landowners in the United Kingdom, owns significant estates in the heart of London, the royal domain of Windsor and the seabeds of England, Wales and Northern Ireland, with assets valued at more than £15 billion. (18,500 million dollars).
Its benefits are delivered to the British Treasury under a century-old agreement whereby the monarch, now Charles III, recovers part of it through an annual grant to finance the expenses of the royal household. (YO)
Source: Eluniverso
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