X chief Yaccarino steps down after two years / Photo: © AFP
-
Henan Grave Carved with Herbal Prescriptions Draws Hundreds of Visitors Daily
-
Neo Nontso Reveals Anele Mdoda’s Calm Demeanor During Wedding Prep
-
NCLT Chennai Orders Insolvency Proceedings Against Orchid Pharma Founder K Raghavendra Rao
-
How Mystery Bounty Poker Tournaments Spread from Curiosity to Mainstream
-
Inflation Breach and Bond Yields Spark Rate Hike Fears for December
-
Market Buzz: Meesho Stake Sale, Clean Max’s ₹50,000 Crore Investment and Corporate Updates
-
Digi Power X Reports Q3 2026 Revenue Up 85% and AI Revenue Up Over 400% Compared to Q2
-
The 20 Most Shocking Documentaries Ranked: From Elizabeth Holmes to Man on Wire
-
Below Deck alumnus João Franco and brother arrested after fatal Turkey fight
-
Ole Miss inquiry expands after video and monkey-noise allegations
-
General Hospital actor Randall England dies at 75
-
Bunnie XO artwork taken down from Jelly Roll’s Nashville bar
-
London museum removes Russell Brand hair exhibit after rape conviction
-
Arlington sentinel rebukes Pete Hegseth entourage for laughter near memorial
-
Yella Beezy sentenced to life for arranging rapper Mo3’s murder
-
Late Late Show Line-Up Announced Featuring Nicola Coughlan and TJ Reid
-
Kylie Jenner employee describes closet ordeal and pepper-spray incident
-
Authorities to identify Montauk Mary and five other Long Island cold-case victims
X chief Yaccarino steps down after two years
Linda Yaccarino resigned Wednesday as CEO of X, the social media platform formerly known as Twitter, after two years at the helm of the Elon Musk-owned company.
In a statement posted on the platform, she said she had decided to step down following what she described as "two incredible years" leading the company through a major transformation.
No reason was given for her exit, but the resignation came as Musk's artificial intelligence chatbot Grok was under fire for anti-Semitic comments that praised Adolf Hitler and insulted Islam in separate posts on the X platform.
Yaccarino -- a former NBCUniversal advertising executive -- took over as X's CEO in June 2023, replacing Musk who had been serving in the role since his $44 billion acquisition of Twitter in October 2022.
Her appointment came as Musk sought to focus on product development while bringing in an experienced media manager to restore advertiser confidence.
The company has faced significant challenges since Musk's acquisition, including an exodus of advertisers and concerns over content moderation policies.
Yaccarino's background in advertising was seen as crucial to rebuilding business relationships.
In her statement, Yaccarino praised the "historic business turn around" achieved by the X team and suggested the platform was entering "a new chapter" with xAI, Musk's artificial intelligence company.
xAI in March acquired X in an all-stock deal that valued the social media platform at $33 billion, making it a subsidiary of Musk's AI company.
"X is truly a digital town square for all voices and the world's most powerful culture signal," she wrote, adding that she would be "cheering you all on as you continue to change the world."
During her tenure, X introduced new features including Community Notes, a crowd-sourced fact-checking system, and announced plans for "X Money," a financial services feature as part of Musk's vision to transform the platform into an "Everything App."
It also coincided with Musk's endorsement and financial backing of Donald Trump, which saw the South African-born multi-billionaire catapulted into the White House as a close advisor to the president, before a recent falling out.
G.Haefliger--VB
