Facebook’s Metaverse explained - by metaverse explainer Matthew Ball. Plus Justin Smith builds a media biz for Bloomb

Before Mark Zuckerberg told the world he was turning Facebook into a Metaverse company, he called Matthew Ball, one of the Metaverse’s chief evangelists. Now Ball tells Recode’s Peter Kafka what Facebook’s move means. Then Bloomberg Media Group CEO Justin Smith talks about building a $100 million subscriptions business that’s separate - but related to - Bloomberg’s much larger terminal business. And why he loves video - but not podcasts. Featuring: Matthew Ball (@ballmatthew), writer and Venture Capitalist Justin Smith (@Justin_B_Smith), CEO of Bloomberg Media Host: Peter Kafka (@pkafka), Senior Editor at Recode More to explore: Subscribe for free to Recode Media, Peter Kafka, one of the media industry's most acclaimed reporters, talks to business titans, journalists, comedians, and more to get their take on today's media landscape. About Recode by Vox: Recode by Vox helps you understand how tech is changing the world — and changing us. Learn more about your ad choices. Visit podcastchoices.com/adchoices