Linda Yaccarino, CEO of social media platform X, said Thursday that the company formerly known as Twitter is "close" to breaking even and is hiring to beef up a staff slashed by owner Elon Musk. Yaccarino defended the safety of the platform as well as Musk's decision to replace its globally recognized name with X. However she skirted a question about where misinformation or unfounded conspiracy theories, perhaps even promoted by Musk himself, fit into that formula.

HOW YACCARINO DESCRIBED HER RELATIONSHIP WITH MUSK

Iran has moved five Americans from jail to house arrest, officials and family members said Thursday, in the first step of a deal that would unfreeze billions of dollars in Iranian funds and allow the prisoners to leave the Islamic republic. Sources familiar with the negotiations said that the next step would be the transfer of $6 billion in frozen assets in South Korea to a special account administered in Qatar, which Iran could use for humanitarian purchases such as food and medicine.

SEE THE BEHIND-THE-SCENES NEGOTIATIONS FOR THE SWAP

The Emmy Awards have been postponed by four months, organizers said Thursday, as crippling strikes by Hollywood's actors and writers drag on with no resolution in sight. Television's equivalent of the Oscars was due to take place in September but will now be held Jan. 15, 2024. Due to the ongoing actors' strike, A-list stars and nominees would not currently be allowed to attend the Emmys. Writers would also not be allowed to script monologues or jokes for the telecast's presenters. 

ORGANIZERS HOPE DELAY WILL ALLOW TIME FOR SETTLEMENT

When and why was the last time the Emmy Awards were postponed?

Thursday's answer: Australia has the world's highest median wealth per adult ($US273,900/$A390,870). The average Aussie is nearly three times wealthier than the average American ($US93,270/$A133,100).