San Francisco : July 30 (IANS) The big X logo on the Twitter building with a strong lighting scheme here has left people residing in nearby buildings perplexed as they are unable to sleep in the night with all those bizarre lights on.
The Elon Musk-run company has put a huge X logo on its headquarters in the city which emits strong lights throughout the night.
Now, people living around are looking to purchase window blinds to block out the light coming from X logo.
Elon Musk has said that his social media company X will not leave San Francisco, despite the city facing a “doom spiral” as businesses head for the exits.
In a tweet on Saturday, Musk said that X would “stay in San Francisco, beautiful San Francisco, though others forsake you, we will always be your friend.”
Musk’s tweet came in response to a report that X had been offered incentives to move its headquarters out of San Francisco.
The report said that the city was offering X a $1 billion tax break if it moved its headquarters to another city.
Musk said :
Musk said that X would not be swayed by the offer. “We will not be bribed,” he said. “We will stay in San Francisco.”
Musk’s decision to keep X in San Francisco is a blow to the city, which has been struggling to retain businesses.
In recent years, a number of large companies, including Twitter, Uber, and Salesforce, have moved their headquarters out of San Francisco.
The city’s high cost of living and its reputation for being a difficult place to do business have been cited as reasons for the exodus.
Musk’s decision to keep X in San Francisco could help to stem the tide of businesses leaving the city. However, it is unclear whether it will be enough to reverse the city’s decline.
The ‘doom spiral’
The term “doom spiral” was coined by the San Francisco Chronicle to describe the city’s decline.
The Chronicle said that the city is facing a number of challenges, including a high cost of living, a shortage of housing, and a growing inequality gap.
The Chronicle said that these challenges are leading to a “brain drain” as talented people leave the city in search of better opportunities. The newspaper also said that the city’s decline is making it more difficult to attract new businesses.
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