X CEO Yaccarino says platform may turn a profit next year

Yaccarino said that about 1,500 advertisers have returned to the platform in the last 12 weeks, and that 90% of the company’s top 100 advertisers have returned. — Bloomberg

San Francisco: Social media platform X could turn a profit in early 2024, says chief executive officer Linda Yaccarino during a wide-ranging interview in which she defends the company’s progress under billionaire owner Elon Musk.

The appearance at Vox Media’s Code conference comes as Yaccarino marked 100 days as CEO of the platform formerly known as Twitter.