Pivot

Spotify’s podcast boom, Amazon checks out JCPenny, Kara loves TikTok and a prediction on Shopify

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Kara and Scott talk about Spotify's new deal with Joe Rogan and the implications for the podcast industry. They also discuss Amazon reportedly in talks with bankrupt JCPenny about a potential sale. Meanwhile, Saudi Arabia's Public Investment Fund has been buying up stocks from major companies over the course of the pandemic. In Listener Mail, Kara and Scott talk about TikTok's future as a Disney executive comes on as CEO. Scott predicts that Shopify is going to make a big retail acquisition.
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