Hello! Welcome to this something-something-metaverse episode of Slate Money, your guide to the business

and finance news of the week I'm Felix Salmon of Axios, I'm here with Emily Peck, who's

also at Axios. Hello! And I'm quite excited about this. My old mucker Robin Pine Timothy is here

joining from an undisclosed location somewhere in Madrid. Robin, welcome! Thank you so much, Felix and

Emily. I feel honored and privileged to be here. Who are you, Robin? Introduce yourself. Unlike most of your

other illustrious guests, I am fairly ordinary. I like the fact that you're getting the man in the

street perspective. It's not just a bunch of high-falutin types. I am a ex-banker, management consultant.

It's currently doing a stint in an undisclosed location. But most importantly for our purposes,

you are also a big sports fan. I am a big sports fan, but if I'm your go-to sports person,

you are. That's a bit of an indictment on your sports acumen. I have to admit. I have two go-to

sports people. There's you and Meena Kymes. You're the only people I know who understand sports,

and I'm very happy that you're on because it's the Olympics this week, so we're going to talk

about the Olympics. We're going to talk about this massive lawsuit that has been filed against

the National Football League by a coach who was, or was not, we don't know, racially discriminated

against. We are also, of course, going to talk about Facebook or Meta, as they're known,

and their terrible earnings report. We have a slight plus segment on a gold cube in Central Park,

because obviously, and yeah, it's all coming up on slate money. It is the Olympics this week.

We aren't going to talk about sport because Robin is my go-to person for everything I ever

need to know about sport, but we're not going to start with sports because we did have

the largest one-day evaporation of stock market value in the history of the universe.

Emily, what the hell happened at Meta? Meta, which can I just say, it's Facebook. I don't like

calling it Meta. I feel like that's what caused its stock to drop, but it's not, but kind of is.

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