News: 1673857629

  ARM Give a man a fire and he's warm for a day, but set fire to him and he's warm for the rest of his life (Terry Pratchett, Jingo)

Twitter starts auction to flip the bird, furniture, pizza ovens, gadgets galore

(2023/01/16)


Twitter has arranged an auction rid itself of 631 "surplus corporate assets".

An outfit called Heritage Global Partners got the job of selling off kit including six espresso machines, two lesser coffee-makers, two refrigerated tables dedicated to the making of pizza, and two ovens also intended only for Napoli's finest culinary creation.

There's also 107 boxes of N95 masks on offer, a [1]Yamaha digital mixing console , 68 eight-port Belkin power strips [2]still in the box and a [3]Kegerator Beer Dispenser .

[4]

Most items are listed at starting prices of either $25 or $50.

[5]

[6]

That's a very good price for some of the items, such as the [7]bicycle-powered USB charger that sells for $4,025 new.

But it's harder to imagine who would pay the $50 asked for an objet d'art [8]described as "Neon Twitter Bird Light Electrical Display Booth complete with Stanchions, Stands 10 Feet Tall When Constructed *Crated*. Crate Dims = 56"W x 66.25"L x 40"H.” Here it is in all its glory.

[9]

Twitter Neon logo for auction – Click to enlarge

$25 seems more reasonable for [10]Lot 102 , billed as an "'@' Sculpture Planter, Currently Artificial Plants but can be placed with real plants." The sculpture is an @ symbol over 180cm tall and wide.

More mundane material abounds: 102 chairs, 97 tables, and 42 stools are for sale, many from well-known designers.

[11]Third-party Twitter apps stopped dead with no explanation from El Musko

[12]Ex-Twitter Brits launch legal challenge against dismissal

[13]Twitter data dump: 200m+ account database now free to download

[14]More pre-Musk Twitter 1.0 execs leave the building

The kit is all housed at Twitter's 1355 Market Street San Francisco office and is of course up for sale thanks to Elon Musk's [15]decision to cut thousands of jobs at the largely loss-making company.

The auction will presumably raise enough cash to help Musk service the $13 billion of debt he took on to acquire the micro-blogging service. Servicing that debt looks to have been made harder by advertisers shunning the service after the Chief Twit's decision to restore accounts of users that previous management barred for contravening the platform's terms of service.

[16]

Musk has suggested subscription services will help to raise revenue, and has articulated a plan to turn Twitter into a "Superapp" that would presumably produce cash in other ways. To date, however, Twitter has only added features, and botched the launch of its first subscription service.

Even if this auction goes brilliantly, it's hard to see it raising more than a few million dollars.

Would-be bidders need to register [17]here , and be ready to bid on January 17 and 18. Lot winners need to retrieve their loot between Jan 23 and February 2.

[18]

Items will also attract 18 percent buyers' premium and sales tax at 8.63 percent.

But don't let that deter you from bidding: your correspondent bid in the auction of IBM Australia's art collection and paid just $30 for a print of Thomas Watson Jr [19]in a very Mad Men pose alongside the System 360 . It adorns my work-from-home space and is quite the conversation piece, even if it is not likely to be an asset my children fight over once I depart this plane of existence. ®

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[1] https://bid.hgpauction.com/auctions/8421/herita10194/lot-details/5c4ec566-961b-463c-b5f6-af8200045f53

[2] https://bid.hgpauction.com/auctions/8421/herita10194/lot-details/32317059-8c13-4a8b-990e-af8200045f53

[3] https://bid.hgpauction.com/auctions/8421/herita10194/lot-details/b561f776-25ea-43a5-a536-af6600531ecc

[4] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offbeat/front&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=2&c=2Y8UuVUeMYkdF1bFqE47oSQAAAMk&t=ct%3Dns%26unitnum%3D2%26raptor%3Dcondor%26pos%3Dtop%26test%3D0

[5] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offbeat/front&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=4&c=44Y8UuVUeMYkdF1bFqE47oSQAAAMk&t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0

[6] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offbeat/front&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=3&c=33Y8UuVUeMYkdF1bFqE47oSQAAAMk&t=ct%3Dns%26unitnum%3D3%26raptor%3Deagle%26pos%3Dmid%26test%3D0

[7] https://bid.hgpauction.com/auctions/8421/herita10194/lot-details/741e512b-bf81-4b2c-a54e-af6401169064

[8] https://bid.hgpauction.com/auctions/8421/herita10194/lot-details/6db3e1b4-a543-4c6f-a7fb-af6c006a275f

[9] https://regmedia.co.uk/2023/01/16/supplied_twitter_neon_logo_for_auction.jpg

[10] https://bid.hgpauction.com/auctions/8421/herita10194/lot-details/7488c826-21ce-49f1-acbe-af6600531ecc

[11] https://www.theregister.com/2023/01/14/third_party_twitter_clients_stop_working/

[12] https://www.theregister.com/2023/01/13/twitter_uk_dismissal_challenge/

[13] https://www.theregister.com/2023/01/05/twitter_leak_200m_accounts/

[14] https://www.theregister.com/2023/01/05/more_premusk_leaders_leave_twitter/

[15] https://www.theregister.com/2022/11/04/twitter_warn_act_lawsuit/

[16] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offbeat/front&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=4&c=44Y8UuVUeMYkdF1bFqE47oSQAAAMk&t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0

[17] https://bid.hgpauction.com/auctions/8421/herita10194

[18] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offbeat/front&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=3&c=33Y8UuVUeMYkdF1bFqE47oSQAAAMk&t=ct%3Dns%26unitnum%3D3%26raptor%3Deagle%26pos%3Dmid%26test%3D0

[19] https://www.apogeeresults.com/wp-content/uploads/2018/10/Thomas-Watson-Jr-and-IBM-360.jpg

[20] https://whitepapers.theregister.com/



"Musk has [..] articulated a plan"

Pascal Monett

Well he can still articulate.

Delivering will be exponentially more difficult given that he has fired or driven away most of the developers.

I wonder how his "search" for a new CEO is going ? I especially wonder what difference it would make to Twitter's image, given that everyone knows that said CEO will not be able to manage any differently than what His Muskiness accepts, so booting out the racists again is clearly off the table.

How shit is your grasp of value....

sabroni

...if you think selling a bit of office tat is going to help service a billion dollar loan?

Re: How shit is your grasp of value....

Anonymous Coward

every little helps :) Might pay of an hours worth of interest.

But hey its coming from a man that thinks his robot, if its ever actually completed and works, which will cost around that of a car, will be bought as a birthday gift.

nautica

Is it too much trouble for you to give us a real news article?

Ordinary Donkey

It's all change at El Reg. Elon is the new Paris in case you missed it.

All hands!

chivo243

We're taking on water! WE gotta lighten the load! Throw everything overboard! We're going down! gurgle...

the neon light might be a good investment

Roger Kynaston

If twitler really does bankrupt it, memorabilia from an early 21st century antisocial might become valuable in the future.

Loving that print!

Dabooka

And as you say, Mad Men to the core

Some people have told me they don't think a fat penguin really embodies the
grace of Linux, which just tells me they have never seen a angry penguin
charging at them in excess of 100mph. They'd be a lot more careful about what
they say if they had.
-- Linus Torvalds, announcing Linux v2.0