X should turn profit next year, CEO says
- X, a company mentioned in the context, is projected to start making a profit in early 2024, according to Yaccarino. This suggests that the company's financial situation will improve in the near future.
- The statement made by Yaccarino implies that X is currently not profitable. However, there are indications that this will change in 2024. This information is important for investors or individuals interested in the company's financial performance.
- Yaccarino's comment about X's profitability in early 2024 highlights the potential growth and success of the company. It suggests that X has a positive outlook and is on track to achieve profitability within a specific timeframe.
40 Articles
40 Articles
X CEO says platform to be profitable by early 2024
Social media platform X, formerly known as Twitter, will be profitable by early next year, the company's chief executive says. CEO Linda Yaccarino made the assertion Wednesday at Vox Media’s annual Code Conference. "From an operating cashflow perspective, we're just about break-even," the CEO said about current profitability at X. ELON MUSK'S NEW PRICING PLAN WOULD MEAN FREE SPEECH ISN'T QUITE FREE Discussing when the company would shift into th…
X CEO Yaccarino says Musk-owned platform could turn a profit next year
By Sheila Dang and Dawn Chmielewski (Reuters) – Social media platform X could turn a profit in early 2024, Chief Executive Officer Linda Yaccarino said on Wednesday, during a wide-ranging interview in which she defended the company’s progress under billionaire owner Elon Musk. The appearance at Vox Media’s Code conference comes as Yaccarino marked 100 …
Coverage Details
Bias Distribution
- 41% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage