Mark Zuckerberg’s Meta is quietly developing a prediction markets app that could challenge industry leaders Polymarket and Kalshi, according to a report. Zuckerberg recently tasked a small team inside ...

Meta CEO Mark Zuckerberg has directed staff to build a prediction markets platform, a source confirmed to CNBC. The New York Times was first to report the app's development. Stocks of sports gambling ...

The experimental app, internally called “Arena,” would be independent of Facebook and Instagram. It could compete for attention with Polymarket and Kalshi, the biggest prediction markets. By Mike ...

Earlier this year, Thomas Christian Owens decided to try his hand at prediction market trading for the first time. He created a Kalshi account in January. Three months and a $500 deposit later, he ...

Wall Street investors use financial derivatives to hedge against shifts in interest rates and exchange rates. Farmers use them to lock in the price of their crops. Now, one New York City bar is using ...

Prediction markets, where users can place bets on real-world outcomes in anything from sports and award shows to elections, interest rate decisions, and even military operations, have become a ...

If you haven't made no-churn ice cream, welcome to the first day of the rest of your life. Whereas many traditional ice cream recipes require an egg custard base and an ice cream machine, no-churn ice ...

Prediction markets allow people to trade on the outcome of real-world events, from basketball games to elections. And trading volume on Kalshi and Polymarket – the two leading prediction markets – has ...

In this episode, Steve Moorehead, Vice President of Product, Strategic Planning and Performance Management at Blue Cross Blue Shield of Massachusett, and Marc Pierce, Principal at ECG Management ...

CFTC chairman Michael Selig sat down with WIRED to discuss how the agency scours Polymarket and other prediction markets for illegal activity. Now, however, the Commodity Futures Trading Commission, ...

JPMorgan Chase (JPM) CEO Jamie Dimon issued guidelines on the use of prediction markets by employees, potentially allowing staff to trade on such platforms with caution, Barron's reported on Thursday, ...

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