Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Business

Linda Yaccarino, CEO of X, says she has autonomy from Elon Musk to run the business

by August 11, 2023
August 11, 2023
Linda Yaccarino, CEO of X, says she has autonomy from Elon Musk to run the business

The first CEO of Twitter, now known as X, under Elon Musk said she has operational autonomy to run the business, while the tech titan can focus on the company’s products and long-term vision.

In an exclusive interview with CNBC on Thursday, CEO Linda Yaccarino said their respective roles are ‘very clear.’

‘Elon works on the technology and dreams up what’s next,’ she said. ‘I bring it to market.’

Yaccarino, a former NBCUniversal executive, was announced as Twitter’s new CEO in May. Her hiring came shortly after she interviewed Musk at an industry event in Miami Beach.

She told CNBC’s Sara Eisen that X is focused on evolving into an ‘everything app’ that would include payment processing and video calls without the need for a phone number.

Since Yaccarino’s arrival, X has made a push to win back advertisers that reports have suggested have left the platform en masse. In particular, the company announced this month new ‘adjacency controls’ that let advertisers avoid having their tweets seen near ‘undesired keywords and handles.’

‘We believe free expression and platform safety are not at odds and we want to empower brands to join the conversation on their terms,’ Élyana Thierry, head of brand safety, wrote on X’s blog.

Since Musk completed his acquisition of the social media platform last fall, just 43% of advertisers have continued to pay for space on X, CNN reported. The New York Times also reported in June that X’s U.S. advertising revenue had fallen 59% year on year between April and May. NBC News has not independently verified these statistics.

This post appeared first on NBC NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Market Update: CPI-Fueled Rally Fizzles Out as Stocks Sag
next post
WeWork, once valued at $40 billion, warns of possible bankruptcy as it submits ‘going concern’ notice

Related Posts

Target CEO to meet with Rev. Al Sharpton...

April 18, 2025

DOJ seizes record $225 million in crypto tied...

June 19, 2025

Dow tumbles 500 points, posts worst day since...

February 19, 2024

Clorox warns cyberattack and product shortages will drag...

October 11, 2023

Jenny Craig will be revived by the owner...

July 6, 2023

Wells Fargo customers scramble after deposits disappear from...

August 5, 2023

More than 75,000 workers to strike at hundreds...

October 9, 2023

Robinhood app says SEC dismissed crypto investigation in...

February 25, 2025

Roomba-maker iRobot announces it’s laying off 31% of...

January 30, 2024

The lunch rush is dead as Americans live...

May 20, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Joe Rabil’s Undercut & Rally Pattern: From DROP to POP

    • RRG Alert Tech Vaults to ‘Leading’—Is XLK Signaling a New Rally?

    • Coelacanth Energy

    • Jeffrey Christian: Gold, Silver, PGMs — Short-term Prices and Key Drivers

    • Ericsson, Rogers Launch Canada’s First Underground 5G Network for Smart Mining

    • Crypto Market Recap: Bitcoin Price Stalls as Fed Holds Rates Steady, Circle Shares Jump

    Categories

    • Business (1,259)
    • Investing (2,583)
    • Politics (3,699)
    • Stocks (1,669)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 moneycontrolplace.com | All Rights Reserved