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TechCrunch Daily Crunch

X Goes Chasing Small Business Ad Dollars

TechCrunch Daily Crunch

SpokenLayer

Tech News, Technology, News

438 Ratings

🗓️ 2 December 2023

⏱️ 5 minutes

🧾️ Download transcript

Summary

Amazon signs 3-launch deal with SpaceX for Project Kuiper satellite internet constellation; X says it will chase SMB ad dollars after Musk's 'go f*** yourself' comments to fleeing advertisers; Microsoft is in talks with partners about launching an Xbox mobile store Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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0:07.0

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0:13.0

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0:21.6

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0:25.5

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0:29.5

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0:35.7

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0:41.0

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0:44.9

station dot com code tech news here's your daily crunch coming up X chased away

0:51.2

big advertisers so now they're looking small. But first

0:55.2

Amazon has purchased three Falcon 9 launches from SpaceX to support deployment

1:00.5

of its Project Kuiper mega Constellation, the company said Friday.

1:04.7

The new deal comes scarcely two months after it was revealed that Amazon was facing a lawsuit

1:09.5

over its decision not to consider SpaceX, the most reliable rocket company on the planet, in its first

1:16.0

round of launch contracts. The three Falcon Nine missions are targeted to lift off starting in

1:20.8

mid 2025. Kuiper is planning a constellation of 3,236 satellites in

1:27.0

low-Earth orbit. The U.S. Federal Communications Commission required Amazon to deploy at least half of that figure by 2026.

1:36.0

Speaking of SpaceX's founder, a new report by the Financial Times says X will now turn to small and medium sized advertisers to shore up revenue after the company's

1:45.7

owner Elon Musk alienated big brands fleeing X over anti-Semitic content by telling them they could

1:52.0

go F themselves during an interview at the New York Times

1:55.4

Dealbook Summit earlier this week.

1:58.1

But while the FT paints a picture of a bright future for X, where catering to SMBs was always the goal,

...

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