Katherine Long

Reporter at the @WSJ, via @businessinsider @seattletimes.

[email protected]
Send me tips on Signal from a non-work device: longka.38

[Emily Glazer @EmilyGlazer]

Bill Gates was once ranked the world’s most admired man—but the revelations of his Jeffrey Epstein ties are eroding efforts to burnish his reputation.
Our deep dive into the fallout, packed with new details: https://t.co/kbTbjTFpg6

[Anna Silman @annaesilman]

Very excited to announce that I’ll be joining @WSJ as a reporter covering culture and power, starting next month. I’ll be writing about the social dynamics of wealth and privilege and the powerful people shaping culture from behind closed doors. Send tips!

[Heidi Groover @heidigroover]

Everyone's always talking about the NYT Cooking comments but we need to keep our eye on what really matters: the WTA trip reports.

[Nilo Tabrizy @ntabrizy]

our recently laid off colleague Frank Hulley-Jones was diagnosed with stage four brain cancer about four weeks ago. his wife has taken unpaid leave to take care of him and their sweet baby, and so they've started a gofundme to help with some costs associated with this process

please donate if you can: https://t.co/MqfLTcX3Ws

[The Wall Street Journal @WSJ]

Exclusive: Senators working to protect children online are introducing bipartisan legislation that would ban digital gambling ads targeting people under the age of 18 https://t.co/sbU0RuypQn

[Sam Kessler @skesslr]

When a @Polymarket result is disputed, it goes to a decentralized panel of judges.

But the system is rife with conflicts: ~60% of judges were linked to Polymarket accounts, and in nearly 20% of disputes we found judges tied to bets on the very markets they were deciding.

w/ @aosipovich

https://t.co/9vTGSMmFcn

[Katherine Long @ByKLong]

Great read from @davidamichaels @joel_schectman @schwartzbWSJ.

[Katherine Long @ByKLong]

Investigators at Kalshi are examining "whether spouses of military members are betting with nonpublic information...[they] suspect military officials have discussed the events with their spouses, who have tried to make money by betting on event contracts." https://t.co/VHA8XRoadw

[Katherine Long @ByKLong]

@aflchambers congratulations Alice!!

[Katherine Long @ByKLong]

@johndayapgar @judgeglock @WSJopinion https://t.co/aYcCzuPcm8

[Jack Newsham @TheNewsHam]

@AlecStapp You should read Business Insider's exclusive reporting about what a small subset of SVOG grantees spent the money on:

https://t.co/CETYkN5hu7

[Katherine Long @ByKLong]

strange feeling to find myself in the journal's opinion pages for once

[Judge Glock @judgeglock]

I cited this in my WSJ piece, because this is one of the best pieces of journalism on government waste I've read. Truly amazing findings on celebrities giving themselves million dollar payouts and subsidizing their private jets out of the SVOG program.

[Dan Bernstein @dan_bernstein_]

EXCLUSIVE: Kalshi retail bettors have lost more than $100 million on parlays this year.

Feature story here: https://t.co/oVGs2SesM3

[Rachel Metz @rachelmetz]

me when my editor asks how the draft is coming along

[Shelby Holliday @shelbyholliday]

U.S. diplomats have been warned not to use confidential information to place bets on gambling websites as money pours into wagers over U.S-Iran negotiations, according to an internal State Department directive reviewed by The Wall Street Journal. https://t.co/zJjeADHbe4

[Nick Devor @nickdevor_]

NEW: When you make a parlay bet on a prediction market, FanDuel might be your counterparty.

Flutter, the parent-company of FanDuel, announced in its Q1 earnings report today that "in April, we began trialing market-making services on a major, third-party prediction market platform.”

FanDuel has its own prediction market platform, FanDuel Predicts, which $FLUT CEO Peter Jackson tells me is mainly for onboarding new bettors in states yet to legalize traditional sports betting.

“I want to do both,” Jackson says. “I want to make money through market-making and I want to acquire customers.”

The prediction market market-making Flutter is doing is mainly in prediction market parlay or "combo" bets, Jackson says.

Prediction markets say they differ from sports betting operators because they aren't the house. But now they may be pitting you against the house of Flutter.

[Josh Dawsey @jdawsey1]

And Valerie is the best reporter and colleague. A much deserved kudos.

[Ben Foldy (he/him) @BenFoldy]

Kalshi responds to @wsj story on prediction markets loss rates with comps showing their users have better loss rates than day traders in Taiwanese stocks between 1995 and 1999, Indian options traders, sports books and traders of Brazilian equity futures.

[Kevin T. Dugan @KevinTDugan]

Total banger from my colleagues @neilmhta @ByKLong and @ceostroff that gives hard numbers on the winners and losers in prediction markets:

https://t.co/YGWBcStj9d

[Shalini Ramachandran @shalini]

NEW: How YouTube Took Over the American Classroom. We got granular viewing data from parents on how much YouTube kids are watching at school, on school devices, during school hours. 13,000 videos in three months. 200 on a day in March, before lunchtime. https://t.co/oDXUOWYNXE

[Charles Ornstein @charlesornstein]

Good and important analysis and story by @wsj: Why Almost Everyone Loses—Except a Few Sharks—on Prediction Markets https://t.co/Jgst5tgsQY