Meta Is Building a Prediction Markets App to Challenge Polymarket and Kalshi
The Trump family and federal prosecutors have had their eyes on the industry, too.
Opening excerpt (first ~120 words) tap to expand
Mark Zuckerberg became a multibillionaire by building Facebook, the platform which more than any other ushered in the age of social media. His wealth has steadily grown since then as he’s tried—with varying degrees of success—to capitalize on one cultural trend after another: the metaverse, AI, and Gen Z haircuts, just to name a few.cnx.cmd.push(function(){cnx({"playerId":"92b7b46b-43ed-4e0e-b21b-2c999302d9d7","settings":{"advertising":{"macros":{"AD_UNIT":"/23178111854/od.gizmodo.com/article","CHILD_UNIT":"article","POST_ID":"2000776311","POST_TYPE":"post","CHANNEL":"tech","SECTION":"commerce","SUBSECTION":"","CATEGORIES":"commerce","TAGS":"kalshi,mark-zuckerberg,meta,polymarket,prediction-markets","NOP":"0"},"timeBeforeFirstAd":0}}}).render("cnx-player-main")}); His latest culture…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Gizmodo.