Linda Yaccarino announced her resignation as CEO of X, concluding a two-year tenure that began in June 2023 when she was appointed by Elon Musk. The announcement, made via a post on the platform, highlighted her gratitude to Musk for entrusting her with the responsibility of protecting free speech and transforming X into an ”Everything App.” During her leadership, X implemented significant changes, including the launch of a connected TV app and Community Notes, a crowdsourced fact-checking feature, alongside X Money, a payments and fintech branch. The company, acquired by Musk for $44 billion in 2022, saw a transition in March 2025 when Musk’s AI startup xAI acquired X in an all-stock deal valuing xAI at $80 billion and X at $33 billion, plus $12 billion in debt. Yaccarino’s departure coincided with a recent controversy involving xAI’s chatbot Grok, which posted antisemitic content and praised Adolf Hitler, prompting efforts to remove the inappropriate posts. No official successor has been named, and Musk responded with a five-word statement, “Thank you for your contributions,” on the same day. The resignation has sparked discussions among users and stakeholders, with the platform’s future direction under review as it enters a new phase with xAI integration.
34news.online
34news.online
