Meta employees test prediction-market app, WSJ reports

Nov 13 (Reuters) – Meta Platforms’ employees have begun testing a prediction-market app ​called Takes, the Wall ‌Street Journal reported on Friday, citing people familiar with the matter. Here are some details: • ‌Employees ​can wager on ⁠the outcome of ⁠questions or events using “cred,” short for credibility, rather than real money, the report ​said • The app is not available to ⁠the public and ⁠it is unclear ​when, if ever, it will ​be released, according to the ‌report • Meta did not immediately respond to a Reuters request for comment • ⁠Prediction markets such as Kalshi and Polymarket are drawing Gen Z ⁠users, ‌with just over ⁠60% of their users ​under ‌the age of ​35 years, ⁠according to a recent S&P Global Market Intelligence Kagan survey (Reporting by Prathik Jayaprakash in Bengaluru; Editing by ​Leroy Leo)