"Somehow, we live in a world where people can bet on practically anything using sites like Polymarket and Kalshi. In this episode, Devindra and Engadget Senior Reporter Karissa Bell dive into the world of prediction markets. How did we get here? And is endless betting having an effect on the real world? Also, we chat about the new American version of TikTok, which stumbled during its first weekend with a litany of errors and reported censorship."
"Who's going to buy the Samsung Galaxy Z Tri-fold for $2900? - 1:18 Tesla is killing off the Model X and S lines to focus on its Optimus robot moonshot - 6:46 Amazon plans to cut 16,000 jobs and close its grocery stores in another round of restructuring - 10:45 Most of the UK will lose access to Pornhub in a fight over age verification and privacy - 21:16"
Prediction markets allow betting on practically anything via platforms like Polymarket and Kalshi, raising concerns about their influence on real-world events. A U.S.-owned TikTok rollout suffered outages and reported instances of censorship during its first weekend. High-end device news includes the $2,900 Samsung Galaxy Z Tri-fold. Tesla is discontinuing the Model X and S to prioritize the Optimus robot program. Amazon plans to cut 16,000 jobs and close grocery stores as part of restructuring. Most of the UK will lose access to Pornhub over age verification and privacy disputes. Internal Meta messages portray Instagram as addictive to teens. Pop culture picks conclude the lineup.
Read at Engadget
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