Mark Zuckerberg wants Meta to launch its own prediction market
Mark Zuckerberg is betting that prediction markets are the future. The New York Times reports that Zuck wants Meta to have its own Polymarket-like smartphone app, and has given the…
John Jumper, who won the Nobel Prize “for protein structure prediction”, says he is leaving Google DeepMind after nearly nine years to join Anthropic (John Jumper/@johnjumpersci)
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Companies are grappling with whether and how to curb employee wagers on prediction markets that may use confidential info, as platforms tighten their own rules (Financial Times)
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Edge Markets, which provides banking tools for gambling and prediction markets, including real-time payments on Kalshi, raised a $29.2M Series A led by CoinFund (Davis Giangiulio/CNBC)
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Robinhood plans to route some 2026 soccer World Cup bets to Rothera, shifting away from Kalshi as it seeks to diversify its prediction markets providers (Emily Nicolle/Bloomberg)
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How the Trump admin gutted the CFTC, ousting enforcers and appointing industry-friendly officials, as Trump family got into crypto and prediction markets (New York Times)
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Minnesota Gov. Tim Walz has signed the nation’s first law banning prediction market sites from operating in the state; the CFTC has sued Minnesota in response (Bobby Allyn/NPR)
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Polymarket and Kalshi continue to operate in India despite a government advisory on April 25, directed at VPN providers, labeling prediction markets “illegal” (Bloomberg)
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Sens. Kirsten Gillibrand and Dave McCormick introduce a bill banning members of the legislative and executive branches from trading on prediction markets (Jason Beeferman/Politico)
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The US Senate unanimously passed a rule barring senators from trading on prediction markets like Kalshi and Polymarket, amid rising concern over insider trading (Dan Mangan/CNBC)
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