Meta is considering partnerships with betting platforms Polymarket and Kalshi as it continues to develop its own betting service

https://www.nytimes.com/2026/06/23/technology/meta-prediction-markets-app.html?unlocked_article_code=1.sVA.uUmj.ZrdMoJ9cHDgX

120 points · 17 comments · view on lemmy.world

17 Comments

kurmudgeon@lemmy.world · 54 pts · 71d (1 reply)

These gambling services need to fucking die. They are way too easy to con, influence or rig.

defaultusername@lemmy.dbzer0.com · 18 pts · 71d

While we're at it, the stock market is also easy to con, influence, and rig if you're powerful enough.

scytale@piefed.zip · 36 pts · 71d (3 replies)

Dude keeps trying to cash in on the next big thing but always fails. He’s never had an original idea and just lucked out with facebook, which was preceded by myspace anyway.

UnderpantsWeevil@lemmy.world · 6 pts · 71d (1 reply)

Dude keeps trying to cash in on the next big thing but always fails

Meta stock keeps moving up.

He's no Musk, but he keeps winning the Wall Street lottery

jarmitage@mander.xyz · 8 pts · 71d

When nobody pays taxes, there’s plenty of dry powder to prop up bad economics.

Maeve@kbin.earth · 1 pts · 64d

This is what all capitalism is. The capitalists copy, take credit, gradually degrade the project while paying capitalist cronies more and more inflated prices for supplies, contracted labor, line go up for a few quarters, capitalist decides to cash out, too bad for the public, astute business management.

Aka flood the market with extraneous bs rather than plan the economy around legitimate public need and benefit, while any surplus can be traded and donated to global communities for global need.

man_wtfhappenedtoyou@lemmy.world · 21 pts · 71d (1 reply)

Lol Meta is so pathetic. Somehow they will survive though.

WhatAmLemmy@lemmy.world · 19 pts · 71d

One you achieve a certain level of wealth, you can fail upwards forever, as long as you don't bet it all. A few million invested can generate a decent yearly wage for life. A few billion can generate tens of millions a year, even at the worst rates.

When you're at the Epstein classes level of wealth, you can lose billions without consequence.

Curious_Canid@piefed.ca · 14 pts · 71d

It's impressive that after all these years and all those billions of dollars, Zuckerberg still gets up every morning and thinks, "How can I make the world an even worse place than I have already?"

NekoKoneko@lemmy.world · 9 pts · 71d (1 reply)

Next up: Meta plans rural backyard wrestling league. Analysts expect a healthy side business selling whippits.

FireWire400@lemmy.world · 3 pts · 71d

Next up: Meta plans rural backyard wrestling league.

I feel that's gonna happen at some point if Trump lives long enough to win his next election.

jaybone@lemmy.zip · 3 pts · 71d

They should open by taking bets on a fight to the death between musk and Zuckerberg.

Blackfeathr@lemmy.world · 3 pts · 71d

So they're not satisfied with their service being addictive enough, they gotta try to ruin more lives.

UnderpantsWeevil@lemmy.world · 2 pts · 71d

Can't wait until everyone's Nana is getting bombarded by virtual slot machines on their feed of grandkid pictures.

Taleya@aussie.zone · 1 pts · 64d

What the actual fuck

Maeve@kbin.earth · 1 pts · 64d
terabyterex@lemmy.world · -2 pts · 71d

disclaimer: iam not endorsing anyone since i hate them both.

...but at leats good things have come out of musk's spending. tesla and spacex. mostly spacex.