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Facebook Might be Too Late to the TikTok Party, NYT's Digital Evolution is Paying Off, and the Bull Case for Disney
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TikTok has been in the headlines for a potential acquisition by Microsoft. Microsoft confirmed interest in the entertainment app, but TikTok also has another admirer in Facebook, which just launched a TikTok copycat called Instagram Reels. Sara Fischer, Media Reporter at Axios, joined this episode to share her top takeaways about the new rivalry between Facebook and TikTok, and why the success of Reels if far from guaranteed. Fischer also digs into The New York Times' latest earnings report and discusses a major milestone for the company. We also spoke with Tuna Amobi, Media Analyst at CFRA, about his long-term bull case for shares of Disney.
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