Zuckerberg looks for new way to profit from addiction: a prediction markets app
The New York Times reports: Mark Zuckerberg, Meta’s chief executive, has urged his lieutenants to explore partnerships with the popular prediction markets Polymarket and Kalshi as his company builds a similar app, three employees with knowledge of the matter said. The app that Meta is creating, called Arena, could allow people to make bets on practically anything, aiming to capitalize on how prediction markets have become an increasingly big business. Internally, Meta’s executives have said Arena is different from Polymarket…