'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023.
REUTERS/Carlos Barria/File Photo Acquire Licensing RightsSept 27 (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 days as CEO of the platform formerly known as Twitter.
"The velocity of change and the scope of ambition at X really does not exist anywhere else," Yaccarino said.
Yaccarino added 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.
Persons:
Carlos Barria, Linda Yaccarino, Elon Musk, Yaccarino, Musk, X, Dawn Chmielewski, Sheila Dang, Kim Coghill, Christian
Organizations:
REUTERS, Twitter, Anti, Defamation, ADL, Thomson
Locations:
San Francisco , California, U.S