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.
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.
Meta $META is reportedly testing an internal prediction market app called Takes, according to the Wall Street Journal.
Employees wager virtual “cred” points instead of real money, and a public launch is uncertain.
Formerly called Arena, it was commissioned by Mark Zuckerberg as… pic.twitter.com/gHCkTMF0QV
— Sam Badawi (@Sam_Badawi) November 13, 2026
The app is not open to the public. Meta declined to comment, and no release date has been given.
The Wall Street Journal reported the test, citing people familiar with the matter. Meta often tries products on its own staff first, a step it calls “dogfooding.”
What Employees Are Betting On
One question on Thursday asked whether former Apple Chief Executive Tim Cook will be the next CEO of Nvidia. Most voters bet that he will not.
Another question asked who would win Jeopardy on Friday night. So far, the topics look pretty light.
Not every app that reaches testing makes it out. Names and features can also change before launch.
This project has already changed names once. Over the summer, The New York Times reported that Mark Zuckerberg told a team to build a prediction app, then called Arena.
Zuckerberg has not talked about it in public. A recording of a spring staff meeting shows he and product chief Chris Cox discussed building as many as 50 new apps.
Rivals Face Court Fights
Prediction markets have grown popular in recent years, especially with Gen Z users. That is a group Meta is working to keep engaged.
Kalshi and Polymarket face lawsuits from U.S. states that call them illegal gambling platforms. The companies say they fall under federal oversight by the Commodity Futures Trading Commission.
A Kalshi spokeswoman called New York Attorney General Letitia James’s legal action “political theater.” Polymarket’s legal chief said the company would “fight for our users.”
CFTC Chair Michael Selig spoke at the Cantor Convergence conference on Friday. He criticized states for pursuing criminal charges against prediction market executives and said the disputes should go to the Supreme Court.
“Somebody says it’s gambling, somebody says it’s a derivative,” Selig said. “That’s not something that should be at the risk of going to jail.”
