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X is targeting profitability by early 2024: CEO Linda Yaccarino

May 14, 2026 by besar

X, formerly Twitter, is on a path to profitability, according to CEO Linda Yaccarino. Speaking at Vox Media’s Code Conference, Yaccarino confidently stated, when pushed, that X is poised to turn a profit by early 2024 – a significant declaration considering X’s history of financial challenges (especially since it was acquired by Elon Musk). X’s … [Read more…]

Posted in: Business Tagged: CEO, early, Linda, profitability, targeting, Yaccarino

Bob van Dijk steps down as Prosus and Naspers CEO, Ervin Tu named interim

May 6, 2026 by besar

In a significant leadership transition, Bob van Dijk, who has been at the helm of Prosus and Naspers for the past decade, is stepping down from his role as Chief Executive Officer (CEO) and as a Board member of both Prosus and Naspers, marking the end of an era for both the companies. The reasons … [Read more…]

Posted in: Business Tagged: Bob, CEO, Dijk, Ervin, interim, named, Naspers, Prosus, steps, van

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