Social media platform X to be profitable by early 2024, CEO Linda Yaccarino said at a conference this week.
X CEO Linda Yaccarino, pictured left, said this week that she expects the social media platform to turn a consistent profit by early 2024.
One major factor in that prediction is the proposed monthly subscription requirement for the platform suggested byMusk said this month that he plans to introduce the fee to combat a decline in advertiser revenue. The new subscription payment to access X would be smaller than the $8 fee currently charged for X Premium, Musk said during a live-streamed event withThe topic of their discussion was artificial intelligence, and Musk's comments on X's pricing plan came after Netanyahu mentioned the problem of bot accounts that amplify hate speech.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
X CEO Linda Yaccarino Says Platform Should Turn Profit in 2024The former ad executive emphasized X’s transformation from previous incarnation as Twitter, focusing on broader vision over specific user metrics.
Read more »
Fall 2023 Winter 2024 2023 / 2024 » Fashion AllureLatest Fashion Trends, Shoes and Accessories, Celebrity Style
Read more »
2024 BMW iX2, 2024 Subaru WRX TR: Today's Car NewsBMW's electric X2, Subaru's hotter WRX variant, and a Land Rover EV conversion all made headlines today.
Read more »
Sony PlayStation boss Jim Ryan is retiring in March 2024Jim Ryan, Sony Interactive Entertainment's (SIE) President and CEO, is stepping down in March 2024.
Read more »
Polestar 3 Completes Hot Weather Testing, Production Slated For Early 2024The Polestar 3 is running several months behind schedule as production has been pushed back from mid-2023 to the first quarter of 2024
Read more »
The Pound and Euro should weaken substantially through early 2024Economists at Wells Fargo expect further weakness in the major European currencies. ECB and BoE have signaled that policy rates have likely reached th
Read more »