Twitter to auction giant bird statue, @-shaped sculpture planter and espresso machines from San Francisco HQ

“Twitter has had a massive drop in revenue, due to activist groups pressuring advertisers, even though nothing has changed with content moderation and we did everything we could to appease the activists,” Musk gave an update on November 4.

Nick Dove, President, HGP, in an interview with Fortune said whoever believes the auction is part of preserving finances is a ‘moron’. “We don’t determine which assets a company doesn’t need. Just like a real estate broker doesn’t determine which houses or buildings their client would need to sell,” he told CNN.

Recently, the Twitter boss shared a meme where it read ‘Twitter’s darkest secrets’ etched on a headstone as he holds a shovel. It suggested the transition and the public perception of Twitter is dying a slow death since its takeover. Earlier, he had described Twitter run by his predecessor as ‘both a social media company and a crime scene.’

Musk had also called out on staffers who leaked organization data to the media, and warned them of dire legal consequences. “As evidenced by the many detailed leaks of confidential Twitter information, a few people at our company continue to act in a manner contrary to the company’s interests and violation of their NDA,” Zoe Schiffer, the managing editor of Platformer wrote, sharing the email contents in a Twitter thread. “This will be said only once," Musk warned, "If you clearly and deliberately violate the NDA that you signed when you joined, you accept liability to the full extent of the law & Twitter will immediately seek damages.”