meta_pixel
Tapesearch Logo
Log in
Marketplace Tech

Bytes: Week in Review — X vs. advertisers, Instagram’s harassment problem, and the food delivery race continues

Marketplace Tech

Marketplace

Technology, News

4.51.3K Ratings

🗓️ 16 August 2024

⏱️ 13 minutes

🧾️ Download transcript

Summary

It’s Friday which means it’s time for Marketplace Tech Bytes: Week in Review. On today’s show, Instagram is known for pretty pictures but a new report shows it lets a lot of ugly and abusive comments remain on the platform. Plus, Door Dash has dominated the food delivery race. Now it looks like Uber may be catching up. But first, the social media platform X relies on advertisers, so why is it going to war with them? Marketplace’s Meghan McCarty Carino discusses all of this week’s biggest tech stories with Anita Ramaswamy, columnist at The Information.

 

Transcript

Click on a timestamp to play from that location

0:00.0

It almost seems like Elon Musk and X are trying to drive away advertisers.

0:07.0

From American public media, this is Marketplace Tech. I'm Megan McCarty Carino. It is Friday, which means it's time

0:14.0

marketplace

0:15.0

it is Friday,

0:22.0

which means it's time for Marketplace TechBites week in review.

0:26.0

On today's show, Instagram is known for pretty pictures,

0:30.0

but a new report shows it lets a lot of ugly and abusive comments remain on the platform.

0:35.8

Plus Doordash has dominated the food delivery race.

0:39.3

Now it looks like Uber may be cashing up.

0:42.1

But first, the social media platform X relies on

0:45.8

advertisers so why is it going to war with them? For more on all this we're joined

0:51.0

by Anita Ramaswami she's a columnist at the

0:53.7

information we started with her bite of the week a number that tells us a little

0:58.5

something about the week that was in tech my number is two billion and that's 2 billion dollars in ad revenue which is how much the

1:05.9

social media platform X run by Elon Musk is expected to make this year. It's a little less than what they were

1:12.0

making in 2023 and 2021. So, you know, lots of lots of heads to discuss on that.

1:18.0

All right, and we will get more into the nitty gritty of some of those numbers.

1:24.0

But first let's talk about kind of the big headline here

1:27.3

with X, kind of doubling down on a lawsuit against a coalition of advertisers. It includes companies like

1:36.4

CVS, Mars, Unilever. What is X alleging here? So what X is alleging is that these advertisers

1:45.0

unfairly coordinated against the social media platform

1:47.9

to basically withhold advertising dollars.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Marketplace, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Marketplace and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.