Imply Data of Burlingame sues Twitter for nonpayment - San Francisco Business Times

  • 📰 SFBusinessTimes
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 68%

Business News News

Business Business Latest News,Business Business Headlines

We now have a formal allegation of Twitter's nonpayment for services — and it comes from a Burlingame company.

We contacted Twitter via email for comment, but the company reportedly cut its communications staff and the only public statements made in recent weeks have been from Musk's own Twitter account.

The company, led by CEO Fangjin Yang, says Twitter made the first four quarterly payments totaling $4.4 million. Imply Data sent an invoice for the fifth payment on Oct. 1 — before Musk completed his $44 billion deal to buy Twitter in late October — indicating payment was due by Nov. 30, according to Imply Data's suit.

The company's suit says a message it received on Twitter's vendor portal indicated that Martin O’Neill, the head of Global Strategic Sourcing at Twitter, told the company's procurement officer: “A heads up that we will not be paying Imply any longer.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 78. in BUSİNESS

Business Business Latest News, Business Business Headlines