Meta chief executive Mark Zuckerberg has directed employees to develop a prediction markets app called Arena that would operate separately from the companyβs existing social media products, The New York Times reported on Tuesday, citing two employees familiar with theβ¦
The Meta CEO reportedly plans for the company to launch a prediction market independent of its other apps, allowing users to place wagers using a points system rather than money.
Meta has reportedly formed a team to develop a prediction market app called Arena, a signal of the companyβs entry into a sector that has attracted growing interest from both retail users and institutional investors. According to a report fromβ¦