In a vote of confidence for Meta’s Threads, Kalshi adds sharing feature
Kalshi now offers a share option that will automatically embed the relevant prediction market chart into a Threads post.
Prediction market Kalshi is making it easier for its users to have conversations on Meta’s social network Threads. Kalshi now offers a share option that will automatically embed the relevant prediction market chart into a Threads post.
Whether people want to discuss who’s going to win Best Picture or which reality TV contestant is going to go home (and possibly bet on the outcome on Kalshi), “with this integration, people can share their opinions alongside the forecasts they’re seeing on Kalshi,” the company said in a blog post.
Related Knowledge Center: Social media
Social media platforms are the source of news for millions of people — and they have a fraught and ever-shifting relationship with the enterprises that provide that news.
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Related Knowledge Center: Prediction markets
Platforms are offering a way for users trade positions — place bets — on a wide range of possible events, and newsrooms are starting to incorporate the data.
As the business rapidly grows, critics and opponents are pushing back. Numerous states have argued that the markets are gambling, and sports gambling in particular is regulated by the state. The Commodity Futures Trading Commission, now led by a Trump appointee, disagrees — as did a federal district court judge in a suit involving New Jersey.
Critics see some of the markets as, particularly in the case of military actions, indefensible, and note as well that some large, well-timed bets — “event contracts” — suggest an abuse of insider knowledge of federal actions.