In a TV interview Linda Yaccarino, the CEO of X Corp ( Twitter), discussed the current state and future plans of the company. Over the months, X has undergone significant changes, including layoffs and platform modifications. Despite these challenges, Yaccarino remains optimistic about the company’s position. Believes they are getting closer to breaking even.
As the CEO of X for eight weeks, Yaccarino shared some ambitious goals for the company. One of their objectives is to introduce a video calling feature that will compete with apps like China’s WeChat. Yaccarino remarked that based on operations, it seems they are on track to achieve stability at X.
Yaccarino highlighted the strength of Xs business model by emphasizing their robust data licensing and API capabilities. Additionally, she expressed enthusiasm about the growth observed in their subscription-based ventures.
While Elon Musk focuses on innovations, Yaccarino mentioned that she had been given autonomy to handle other aspects of Xs operations.
Regarding the updates on Meta’s Threads, she highlighted the path taken by X, emphasizing that while others may imitate what Twitter used to be, their focus is on the potential of X.
Apart from the video chat functionality, which ensures better privacy by eliminating the requirement to share phone numbers, Yaccarino hinted at introducing long-form video capabilities, subscription models for content creators, and an upcoming venture into the digital payments domain.