Polymarket takes down nuclear detonation bet after online backlash
Polymarket removed a nuclear detonation prediction market after public backlash, particularly following suspicious trading patterns related to Iran strikes.
What are prediction markets, and how did one user make $400K betting on Maduro? | CBC News
Prediction markets enable large-scale binary bets on political, economic, and real-world events, with activity and stakes surging into billions of dollars.
Polymarket Takes Down Betting on Nuclear Detonation After Backlash
Polymarket archived a nuclear detonation betting market after criticism that prediction markets on catastrophic events could influence government decision-making and monetize mass casualties.
Kuaishou's e-commerce unit fined $3.8 million by Chinese regulator
Chinese regulator fined Kuaigou 26.7 million yuan for unreasonable fees, failure to curb counterfeits, false marketing, illegal advertising, and facilitating illegal wildlife sales.
Game Theory Explains How Algorithms Can Drive Up Prices
Simple learning algorithms can tacitly learn to raise prices, increasing consumer costs and undermining traditional antitrust enforcement focused on explicit collusion.
Want to boost your IPO? Today's roadshows involve creating online hype and courting finfluencers
Social-media financial influencers can materially inflate retail demand and IPO valuations, often without formal credentials or disclosure, prompting regulatory penalties and altering market dynamics.
Delta's AI spying to "jack up" prices must be banned, lawmakers say
There is no fare product Delta has ever used, is testing or plans to use that targets customers with individualized offers based on personal information or otherwise.