Prediction markets are trying to lure journalists with partnership deals
Prediction markets are trying to lure journalists with partnership deals Prediction markets are working to ingratiate themselves with mainstream news and culture: The Golden Globes broadcast in January was plastered with Polymarket odds, the AP is licensing election data to Kalshi, and a partnership between Polymarket and Substack means more prediction market data in newsletters. […]
Oh, you think the government will regulate Kalshi and Polymarket? Wanna bet?
Oh, you think the government will regulate Kalshi and Polymarket? Wanna bet? Who’s keeping an ear out for insiders? | Image: Cath Virginia / The Verge, Getty Images The Commodity Futures Trading Commission has a problem: It’s not very good at policing insider trading. And insider trading has become a pressing concern for prediction markets. […]
Trump administration is allegedly collecting $10 billion on the TikTok deal
Trump administration is allegedly collecting $10 billion on the TikTok deal In September, Donald Trump claimed that “the United States is getting a tremendous fee” for brokering the TikTok deal. Now sources tell the Wall Street Journal and the New York Times that fee is expected to be in the range of $10 billion. The […]
Meta is reportedly laying off up to 20 percent of its staff
Meta is reportedly laying off up to 20 percent of its staff According to Reuters, Meta is looking to offset spending on AI and data centers with a massive round of layoffs. Sources familiar with the matter say the company could lay off as much as 20 percent of its staff, eliminating roughly 15,800 positions. […]
Bluesky CEO Jay Graber will step aside
Bluesky CEO Jay Graber will step aside Bluesky Social Jay Graber speaks on stage during 2025 Fast Company’s Most Innovative Companies Summit & Gala at Jacob Javits Center on June 05, 2025 in New York City. () | Photo by Eugene Gologursky/Getty Images for Fast Company Jay Graber became the first CEO of Bluesky in […]
Sony appears to be testing dynamic pricing on PlayStation games
Sony appears to be testing dynamic pricing on PlayStation games A site called PSprices has been tracking prices on Sony’s digital game store and noticed something unusual: some games were being offered at different prices to different users. What’s more, those offers are tracked in the PlayStation API with experiment identifiers like IPT_PILOT and IPT_OPR_TESTING. […]
Downdetector and Speedtest sold to Accenture for $1.2 billion
Downdetector and Speedtest sold to Accenture for $1.2 billion Downdetector and Speedtest – the free platforms that allow people on the web to quickly check internet speeds or see if an online platform may be down – will soon have a new owner. On Tuesday, the consulting and IT services provider Accenture announced that it […]
Why is SpaceX going public?
Why is SpaceX going public? I can’t be the only person befuddled by this IPO. | Image: Laura Normand / The Verge I am excited about the SpaceX IPO for all the reasons investors shouldn’t be. Maybe it’ll be a real marquee moment for Silicon Valley, but I see the potential for a shitshow. After […]
OpenAI snags $110 billion in investments from Amazon, Nvidia, and Softbank
OpenAI snags $110 billion in investments from Amazon, Nvidia, and Softbank OpenAI has closed another round of funding, totalling $110 billion being newly committed to the maker of ChatGPT, which it says has more than 900 million weekly active users and over 50 million consumer subscribers. Amazon is investing $50 billion and striking a deal […]
Xbox is in danger. Will Microsoft fix it or kill it?
Xbox is in danger. Will Microsoft fix it or kill it? Today, we’re talking about the future of Xbox. Phil Spencer, a two-time Decoder guest who’s led Xbox for more than a decade, resigned last week. But in a shocking twist, his deputy and long-assumed successor, Sarah Bond, is also out too, and the Xbox […]