Tech
Company formerly known as Twitter eyes break-even
Chief executive Linda Yaccarino says company also hiring again after owner Elon Musk slashed employee numbers
X, the company formerly known as Twitter, is seeing a rise in break-even levels, its recently appointed chief executive has said.
The run rate is a metric covering the financial performance of a company, based on current financial information as a predictor of future performance.
Linda Yaccarino claimed in an interview with CNBC broadcast on Thursday, that the company’s operational run rate is near break-even levels.
“We’re pacing well,” she said, adding that the company ...
