More landlords are suing Twitter over unpaid rent, this time at the social media company’s headquarters in San Francisco and its British offices.
Sri Nine Market Square LLC, the owner of Twitter's San Francisco headquarters, located at 1355 Market St., is suing the company for failing to pay monthly rent and additional rent” for January amounting to $3.4 million.
Twitter had been leasing three floors in the building since 2011.
In December, Twitter fell behind on a similar amount of rent, which Sri Nine Market Square recouped from a letter of credit.
Twitter still owes $3.16 million in unpaid rent and Sri Nine Market Square is seeking late fees and interest plus attorneys’ fees.
Earlier this month, the owner of another San Franciso office of Twitter sued the company for back rentals.
In the UK, the Crown Estate has started court proceedings against Twitter after the latter fell behind on rent at its offices near London's Piccadilly Circus.
Twitter owner Elon Musk’s cost-cutting efforts after buying Twitter for $44 billion last year left the company on the hook for about $1 billion in annual interest payments.
Musk’s cost-cutting strategy has included slashing the company’s workforce and auctioning off memorabilia and fancy office furniture.


Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty
Trump and IRS in Settlement Talks Over $10 Billion Tax Return Leak Lawsuit
Valero Port Arthur Refinery Explosion Prompts $1M Lawsuit Over Worker Safety Negligence
Justice Jackson Slams Supreme Court's Growing Use of Shadow Docket
Greg Abel Sells Berkshire Hathaway Stocks Managed by Former Investment Manager Todd Combs
US Dollar Slips Amid Iran Tensions and Fed Leadership Uncertainty
This fuel crisis could last for a while. It’s time for a new approach to fuel use - end it
U.S. Stock Futures Fall as Iran Tensions Escalate and Oil Prices Surge
SpaceX President Gwynne Shotwell Earns $85.8M as IPO Buzz Grows
Iran Closes Strait of Hormuz Again After Brief Reopening, Rattling Global Energy Markets
Elon Musk Faces French Probe Over X and Grok Amid Rising U.S.-EU Tensions
Australia Extends Fuel Sulphur Relaxation Amid Iran War Supply Disruptions
How Technology Is Reshaping Modern Business: From Operations to Customer Experience
FEMA Reinstates $1 Billion Disaster Prevention Grant Program After Court Order
Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman
DOJ Launches Antitrust Investigation Into the NFL Over Broadcast Restrictions
Will a new border deal with the US open a backdoor into Kiwis’ personal data? 



