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The app would let users forecast future events using a points-based system rather than cash wagers, the report said, citing people familiar with the matter.
The report said that CEO Mark Zuckerberg directed staff to develop a prediction market platform, internally known as "Arena."
Gold and silver fell Tuesday as rate-hike fears pressured precious metals and Wall Street banks reassessed their gold forecasts.
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Will AI boost productivity?
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UK tribunal gives go ahead for $4 billion lawsuit against Apple over iCloud services
Midday Need to Know: South Korea's market falls, AI and chip stocks tumble, and more
SoftBank to build AI servers at old Sharp plant starting in fiscal 2027
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Acquisition of Korean Drone Intellectual Property Portfolio Establishes Foundation for Expansion into U.S. and Allied Markets Acquisition of Korean Drone Intellectual Property Portfolio Establishes Foundation for Expansion into U.S. and Allied Markets
Amazon engineers spoke out against the AI data center boom — now 3 say they're facing internal investigations
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In South Korea, the AI frenzy has sent the value of the country's top chipmakers skyrocketing. Korea's Samsung Electronics and its chief rival SK Hynix have been trading places as the world's most valuable producer of memory chips. Following some strident union organizing at the firms, their workers