X boss quits days after Elon Musk launches new US political party
Linda Yaccarino, who joined the social media company in 2023, said she had decided to step down as chief executive.
In a post on X, formerly known as Twitter, she said: 'When Elon Musk and I first spoke of his vision for X, I knew it would be the opportunity of a lifetime to carry out the extraordinary mission of this company.
'I'm immensely grateful to him for entrusting me with the responsibility of protecting free speech, turning the company around and transforming X into the everything app.'
Ms Yaccarino hailed a 'historic turnaround' for the company, which was snapped up by Mr Musk in a $44bn (£32bn) deal in 2022.
She added that X was entering a 'new chapter' with its focus on artificial intelligence.
Her departure comes days after Mr Musk unveiled plans to set up a new political party amid a deepening rift with US president, Donald Trump.
It also comes in the wake of controversy over X's chatbot Grok, which had begun to publish anti-Semitic responses. Mr Musk's company yesterday said it would delete what it described as 'inappropriate' posts.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Independent
20 minutes ago
- The Independent
Donald Trump announces trade agreement with the European Union
Donald Trump announced a trade agreement with the European Union. The agreement will cut tariff rates on imports from the EU to 15 per cent. Conversely, US exports to the EU will become tariff-free under the new arrangement. Trump made the announcement alongside European Commission president Ursula von der Leyen at his Turnberry golf course in Scotland. Further details regarding the agreement were not immediately released by the White House.
Reuters
21 minutes ago
- Reuters
Boeing's contract offer rejected by union members
July 27 (Reuters) - Union members who assemble Boeing's (BA.N), opens new tab fighter jets in the St. Louis area have "overwhelmingly voted" to reject the company's contract offer on Sunday. Boeing's proposal, which was sent on Tuesday to more than 3,200 members of the International Association of Machinists and Aerospace Workers (IAM) District 837, included a 20% general wage increase over four years and a $5,000 ratification bonus, as well as more vacation time and sick leave. "The proposal from Boeing Defense fell short of addressing the priorities and sacrifices of the skilled IAM Union workforce," the IAM union said. Boeing did not immediately respond to a Reuters' request for a comment. The current contract expires on Sunday following which there is a seven-day cooling off period before a strike would begin, the union added. Boeing's defense division is expanding manufacturing facilities in the St. Louis area for the new U.S. Air Force fighter, the F-47, after it won the contract earlier this year.
Daily Mail
21 minutes ago
- Daily Mail
Los Angeles Chargers star Rashawn Slater set to sign all-time record NFL contract
The Los Angeles Chargers have reportedly reached an agreement on a contract extension with left tackle Rashawn Slater. The 26-year-old is reportedly set to sign a four-year, $114 million contract extension that includes a record $92 million guaranteed, according to Adam Schefter. The deal is set to make Slater the highest-paid offensive lineman in NFL history. More to follow.
