San Francisco, CA
Twitter is auctioning off the relics of its buzzy startup era
Twitter has put up for public sale lots of of “surplus” items from its company headquarters.
The bidding for the greater than 631 gadgets, which embody heavy-duty kitchen gear, electronics, furnishings, and extra, begins on Jan. 17 at 7pm.
Auctioneer Heritage World Companions (HGP) has put the beginning bids for many gadgets, a few of which initially retailed for 1000’s of {dollars}, at both $25 or $50.
What’s on sale on the Twitter public sale?
A number of gadgets may come in useful for startups wanting so as to add a buzz to their headquarters—and even simply eating places.
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Contemplate the large industrial fridges, expensive kegerators which dispense beer, rotisserie ovens that may roast 24 entire chickens at a time, pizza ovens, and the vegetable dryers with an enormous 20 gallon capability. And let’s not overlook the $10,000 industry-grade coffee machines—a steal.
Another gadgets listed at throwaway costs are much less interesting, as an illustration an outdated iMac or earlier generations of $4,000 bicycle-powered USB chargers. These might appear like a cut price however might not final or be straightforward to restore. Particularly for the reason that gadgets on sale include no guarantee.
One other batch of things, together with emblem statuettes and neon Twitter chicken gentle electrical show are extra Twitter-specific and should pique the curiosity of devoted followers. An enormous “@”-shaped planter is a putting however extra generic memento that would slot in effectively at virtually any tech workplace.
Is Twitter promoting workplace gadgets to generate income?
Twitter’s monetary place isn’t essentially the most sound. The corporate is going through a lawsuit over greater than $136,000 unpaid lease on the California Avenue workplace in San Francisco. To finance the corporate’s $44 billion buy, Musk offered thousands and thousands of Tesla shares and misplaced his standing because the world’s richest man.
Within the quest to save lots of and generate income for the platform, Musk displayed an erratic management type, together with abrupt layoffs and technique pivots on verifications and subscriptions, which led some advertisers to depart the platform, additional hurting its backside line. Musk has claimed he’d be prepared to surrender the CEO chair, ought to he discover somebody “silly sufficient” to take the job.
However the public sale “has nothing to do with [the company’s] monetary place,” auctioneer HGP advised Fortune final month. It’s possible only a solution to filter out some heavy-duty gadgets now that lower than half the workforce stays on the firm. Anyway, promoting couches and low machines would hardly make a dent in Twitter’s funds.
Quotable: Twitter’s public sale is extra spring-cleaning than fundraising
“They’ve [Twitter] offered for $44 billion, and we’re promoting a few chairs and desks and computer systems. So if anybody genuinely thinks that the income from promoting a pair computer systems and chairs can pay for the mountain there, then they’re a moron.” —A spokesperson for Twitter’s public sale associate HGP in an interview with Fortune .
Who can bid on the Twitter public sale?
Not everybody can take part within the bidding. Solely a registered purchaser who “acts for a enterprise and never for shopper transactions” is eligible to bid within the Twitter public sale.
The public sale will conclude at 10am on Jan. 18, and patrons will then have 48 hours to make the fee. On high of the quantity they bid, patrons must pay an 8.63% “VAT on hammer” (the promoting worth introduced) in addition to an 18% “purchaser’s premium.”
Essential observe: Decide up from Market Avenue, San Francisco
Bidders might want to prepare a decide up from Twitter’s headquarters—1355 Market Avenue, San Francisco. Whereas HGP will assist get most gadgets to the loading space, patrons have to rearrange their very own delivery. And for larger gadgets, individuals will “want to rent Juniors Source Company. Juniors is the one firm allowed contained in the Twitter facility.”
The removals should be accomplished between Jan. 23 and Feb. 3. On weekdays, collections will be scheduled between 9am and 4pm and on Saturday, between 9am to 2pm. On Sundays, the lot will probably be closed.
Failure to pay for the merchandise will end in default. HGP can then re-market and resell the merchandise. And the bidder who backed out should pay damages—20% of the bill worth of the merchandise(s) or the total quantity of the distinction between the unique bill worth and the re-sold worth plus any bills incurred to re-market or re-sell this stuff. Those that pay however don’t gather the gadgets by the ultimate elimination date should cowl the bills incurred to retailer or transport gadgets till they’re re-sold.
San Francisco, CA
San Francisco police arrest 18-year-old, 7 juveniles accused of over 20 retail thefts
An 18-year-old along with seven juveniles, one as young as 12-years-old, have been arrested in connection with more than 20 retail thefts, San Francisco police announced Thursday.
According to officers, the investigation began following a robbery that took place Sep. 16 at the Walgreens on the 1100 block of Potrero Avenue. Police said several juvenile suspects concealed merchandise and ransacked the store.
When an employee asked the suspects to stop, the employee was attacked and suffered a serious head injury, police said.
During the investigation, officers from the Mission Station Anti-Vendor Enforcement Unit recognized five of the juvenile suspects while investigating an assault that also took place on Sep. 16 at 24th and Mission streets.
Police said the suspects were taken into custody for the incident at Walgreens.
Investigators reviewed other incidents and noticed similarities in suspect description, victims and motive. With the help of Walgreens Asset Protection, investigators identified eight suspects involved in at least 23 retail thefts at the pharmacy chain’s San Francisco locations.
In a statement Thursday, police listed some of the incidents allegedly linked to the suspects, including an Aug. 18 incident at the store on 1333 Castro Street where one of the suspects jumped over the front counter and stole a cash register and a Sep. 9 incident at the store on 2690 Mission Street in which one of the suspects brandished a firearm at a security guard.
The eight suspects are also linked to two Sep. 29 robberies at the Castro Street location. Police said $15,000 in merchandise was stolen during the first robbery, before the group returned with five additional accomplices and stole another $12,000 in goods about two hours later.
A total of $84,000 in merchandise was stolen, police said.
The only adult in the case, 18-year-old Brandon McClain of Hayward, was arrested on suspicion of four counts of second degree burglary, four counts of grand theft and four counts of organized retail theft.
Police said the youngest suspect is a 12-year-old boy from San Francisco. The 12-year-old has been charged with assault likely to produce great bodily injury, three counts of second-degree robbery, seven counts of second-degree burglary, seven counts of grand theft, 10 counts of organized retail theft and four counts of petty theft.
The additional suspects have been identified as a 14-year-old male from Pittsburg, two 14-year-old boys from San Francisco, a 15-year-old male from Oakland, a 15-year-old male from Oakley and a 15-year-old male from San Francisco. All of the remaining suspects are facing multiple charges, including second-degree burglary, grand theft and retail theft.
One of the 14-year-olds from San Francisco faces additional charges of assault with a deadly weapon, assault likely to produce great bodily injury and battery causing serious bodily injury.
McClain, along with the 15-year-old from San Francisco, have also been accused of carjacking following a Nov. 5 incident near Geneva and Cayuga avenues.
According to jail records, McClain is being held without bail and his next court appearance is scheduled for Friday.
The identities of the juvenile suspects are being withheld due to their ages.
Anyone with additional information about these cases is asked to call the SFPD tip line at 415-575-4444 or text TIP411, beginning the message with SFPD.
San Francisco, CA
Big-rig crash snarls Bay Bridge traffic for hours
A jackknifed semi-truck blocked four lanes of eastbound Interstate 80 on the Bay Bridge Thursday, causing major delays during the rainy morning commute.
California Highway Patrol officers responded to a report of a solo truck collision at 5:12 a.m. just east of the First Street onramp, according to CHP logs. Officers arrived to learn the driver, who sustained head injuries and was seen limping, had lost control of the vehicle. The driver was taken to a hospital with minor injuries and was in stable condition, the San Francisco Fire Department said in a statement.
The truck suffered major front-end damage but remained upright. Authorities warned it would take hours to clear the wreckage and encouraged drivers to use other routes.
San Francisco, CA
Atmospheric river forces flight delays, cancelations at SFO
As an atmospheric river makes its way into the Bay Area, flights at San Francisco International Airport have been drastically impacted.
According to Flight Aware, the airport saw more than 430 delays on Wednesday and more than 60 cancellations. With the storm not projected to clear up for a few days, aviation experts said it will impact those beginning their travel for Thanksgiving week.
“If we can’t get out of this weather, which it doesn’t look like we’re going to until sometime next week, all these people could be delayed and probably will be delayed to their destination,” said Mike McCaron, an aviation expert.
Donnie Pascal, who was flying to Florida, and their family had their flight delayed by two hours.
“I got snacks. I got my phone,” Pascal said.
Some passengers went to SFO to find out their flights were canceled.
As the storm progresses, more flights can be impacted, as the FAA continually reviews the number of planes the airport can accept per hour. Then, airlines have to respond accordingly.
McCaron said he recommends that travelers stay in touch with their carrier and check their flight status via an application.
According to the National Weather Service, several inches of rain have already fallen in the North Bay and are expected to spread further south in the region.
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