Tag: X profit

X could turn profitable next year, reveals CEO Linda Yaccarino
Technology

X could turn profitable next year, reveals CEO Linda Yaccarino

[ad_1] Over the last 12 months, X (formerly Twitter) has undergone a multitude of changes. Elon Musk's acquisition of the microblogging platform has spurred controversy from day 1, with people calling measures such as the removal of verification, and temporarily limiting tweet views draconian. After managing the company as the CEO for a while, Musk appointed Linda Yaccarino as his successor. This change hasn't really moved people's opinions about the Musk-owned company, as its rival Threads soared in popularity as soon as it was launched by Meta. Despite this, X could turn profitable next year and most of its top advertisers are back, according to the CEO. On profits and advertisersAccording to a report by The Verge, at the Code Conference 2023, CNBC's Senior Media & Tech Correspond...