X CEO Yaccarino says Musk-owned platform could turn a profit next year

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X CEO Yaccarino says Musk-owned platform could turn a profit next year
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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. She has faced questions over her autonomy in the role and the company's ability to court advertisers who have been wary of the rapid changes on the platform and Musk's controversial persona.

When asked about third-party estimates that showed X's active app users have fallen to 25th place behind Samsung's clock app, Yaccarino said key metrics around time spent on X were"trending very, very positively," without providing specifics.

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