Hello! Hello Welcome to the band Facebook edition of Sleep Money,

your guide to the business and finance news of the week.

I'm Felix Salmon of Axios.

I'm here with Emily Peck of Huffpost.

Hello! I'm here with Anna Shimansky of Breaking Views.

Hello. And we are going to talk about banning Facebook which Emily you think is a good idea

right?

Maybe, maybe just temporarily but I, yeah you know what I do I think it's a good idea hot take there it is we are going to have a whole segment on why it's a good idea to ban Facebook

We are going to have a whole segment on the snowflake, which was the big IPO of the week.

It raised more money than any software IPO in history.

We are going to talk about the Envedia attempt to buy arm, which might sound like

it's a boring Amane deal, but in fact it winds up being all about regulation and the a We have a whole thread running through this show about Tik-Tok, which of course is the big story

that everyone's talking about this week, but we're not going to have a whole segment on

Tik-Tok because we're going to wait until Donald Trump comes out and makes his decision on that

before we have that whole segment. But that's a fascinating story. There's lots of stuff to talk about

this week and we have a slate plus about immigration and just how much of it we can have in this country and how

else we might be able to increase the population. All that coming up on slate money.

Emily, you can tell me what Snowflake does because you're recording on a microphone which is called a snowball,

therefore anything snow related you are an expert on.

That's true. And Felix, I can tell you what Snowflake does because I read about it in your

newsletter in which you said it was perfectly appropriate to mumble something about cloud data analytics.

So I mumble mumble it does something like cloud stuff that competes with Amazon web services which also does cloud stuff and also competes

...