Saturday, 14 November

Saturday, 14 November, 2026

Betting on Clout, Not Cash: Meta Employees Test Prediction App 'Takes'

By TechShots Studio
Betting on Clout, Not Cash: Meta Employees Test Prediction App 'Takes'
Meta employees are internally testing a new prediction-market app called Takes, according to The Wall Street Journal. Unlike real-money rivals Kalshi and Polymarket—which face state gambling lawsuits—Takes lets staff wager virtual points called "cred" on event outcomes, such as whether Tim Cook will become Nvidia's next CEO. Previously developed under the name Arena, the app aims to attract younger Gen Z users, though Meta has not confirmed a public launch.
Read full story at REUTERS

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