Before plans to spin up its own prediction market app, Meta explored acquiring Kalshi, NPR reports. Meta is now reportedly working on an app known as “Arena” internally, which would allow users to bet with points rather than real money, as Kalshi and Polymarket do. If an acquisition had happened, it wouldn’t be the first (or second, or third) time Meta piggybacked on what was trendy. [Link: Meta considered buying Kalshi before developing its own prediction market app | https://www.npr.org/2026/06/30/nx-s1-5875468/meta-kalshi-prediction-market-acquisition-talks | NPR]