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 go-ahead to develop one, internally calling it “Arena.” The app would be independent of Meta’s other social media offerings, although sources told the paper that those social sites could direct users to engagement with the app.