Meta Stock Rises 3% as Staff Test “Takes” Prediction App

TLDR Meta Platforms (META) stock rose about 3% on Friday. Employees are testing a prediction-market app called Takes. Users bet “cred” points, not real money. Meta declined to comment and has given no release date. Kalshi and Polymarket face state lawsuits over gambling claims. Meta Platforms (META) stock rose about 3% on Friday as word spread that employees are testing a new prediction-market app. The app is called Takes, and it runs on points instead of cash. Meta Platforms, Inc., META Staff place wagers using “cred,” short for credibility. Right calls earn points, and wrong calls cost them. Real money is not part of the test. That sets Takes apart from Kalshi and Polymarket, which deal in real-money contracts.

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