Mark Zuckerberg met with Kalshi's CEO last year about a potential deal, but talks did not move forward. Now Meta is making its own prediction market app.
Short-form clips of long interviews and shows are taking over the internet. But behind the sea of social media clips are marketplaces offering freelance clippers money per view.
As prediction markets boom, competition is heating up. So traders go the extra mile for a fraction-of-a-second advantage or to sleuth out information nobody else has. It can lead to a huge payday.
Posts have been going viral on social media accusing TikTok's new owners of suppressing content, but eight academics examined the issue and found no evidence to support the claims.