Linda Yaccarino's assumption and her promise of profitability
Posted: Tue Jan 07, 2025 6:26 am
The controversy was sparked when Musk backed a post accusing Jewish communities of spreading “dialectical hatred against white people .” This statement was a response to a public service announcement video from the Foundation to Combat Antisemitism along with criticism of anonymous users expressing support for antisemitic claims. Musk backed the response that claimed Western Jewish populations were disliked by minorities who had flooded the country. Despite subsequent apologies, Musk criticized advertisers for boycotting the platform, acknowledging that this could “kill the company.”
But the controversy didn’t end there. At the DealBook conference , Andrew Ross Sorkin asked Musk about the pause in advertising following the whole controversy of his anti-Semitic response, and the billionaire replied bluntly: “Don’t do advertising .” His refusal to be blackmailed for money by advertisers was clear: “Fuck you. Is that clear?”
Elon Musk to advertisers who are trying to 'blackmail' him: 'Go f--- yourself'
In May 2023, Elon Musk confirmed that Linda Yaccarino bolivia number data former chief advertising officer at NBCUniversal, would be the new CEO of X and responsible for overseeing the social network's business operations. This decision was part of the billionaire's efforts to reverse the decline in advertising revenue.
In September 2023, Yaccarino assured that the company would be profitable by early 2024 and expressed confidence in the company's improving financial situation. He also noted that 90% of the top 100 advertisers had already returned to the platform. However, the reduction of staff by half and lawsuits for not paying office rent were decisions that severely affected the company's finances.
Twitter fires more than 80% of its Spanish workforce, leaving it with just 5 employees
Despite Yaccarino's claims about increased time spent on X since June, interviewer Julia Boorstin disputed these statements , citing data from Apptopia reporting a 30% decline in downloads of X following its rebranding.
But the controversy didn’t end there. At the DealBook conference , Andrew Ross Sorkin asked Musk about the pause in advertising following the whole controversy of his anti-Semitic response, and the billionaire replied bluntly: “Don’t do advertising .” His refusal to be blackmailed for money by advertisers was clear: “Fuck you. Is that clear?”
Elon Musk to advertisers who are trying to 'blackmail' him: 'Go f--- yourself'
In May 2023, Elon Musk confirmed that Linda Yaccarino bolivia number data former chief advertising officer at NBCUniversal, would be the new CEO of X and responsible for overseeing the social network's business operations. This decision was part of the billionaire's efforts to reverse the decline in advertising revenue.
In September 2023, Yaccarino assured that the company would be profitable by early 2024 and expressed confidence in the company's improving financial situation. He also noted that 90% of the top 100 advertisers had already returned to the platform. However, the reduction of staff by half and lawsuits for not paying office rent were decisions that severely affected the company's finances.
Twitter fires more than 80% of its Spanish workforce, leaving it with just 5 employees
Despite Yaccarino's claims about increased time spent on X since June, interviewer Julia Boorstin disputed these statements , citing data from Apptopia reporting a 30% decline in downloads of X following its rebranding.