Meta Testing New Prediction-Market App With Employees - WSJ $META

Meta employees have begun testing a prediction-market app under development, according to people familiar with the matter, a step the company often takes ahead of a public release. On the app, which is currently called Takes, employees can wager on the outcome of questions or events using “cred,” short for credibility, the people said. Unlike other prediction markets operated by Kalshi and Polymarket, Meta’s app doesn’t allow users to wager real money.