Truth Sayer

i swear to tell the truth, the whole truth, and nothing but the truth, so help me God.

[Truth Sayer @TruthSayer_96]

📌

[Ricardo @Ric_RTP]

Mark Zuckerberg is bankrupting a $22 billion startup because they refused to sell to him.

The company is Kalshi.

They run the largest prediction market in the US. Users bet real money on real-world outcomes.

Last year, prediction markets did $28 billion in monthly volume across the industry.

This month, they did $220 BILLION.

The sector literally 8x'd in a single year.

Bernstein now projects the entire prediction market industry will hit $1 TRILLION by 2030.

Zuckerberg saw the growth curve coming. Last year, when Kalshi was valued at only $2 billion, he sat down with founder and CEO Tarek Mansour to discuss buying the entire company.

Mansour said no.

Kalshi went on to raise at $11 billion in December. Then $22 billion in March. It is now pursuing a $40 billion round and openly weighing an IPO.

Zuckerberg's response:

He walked back to Meta headquarters, took every piece of information he learned in that meeting, and directed a small internal team to build a Kalshi clone from the ground up.

Meta's version is called Arena. It uses Llama to generate the questions. Every one of Meta's 3.5 billion daily users will get access.

And here's where the plan gets ruthless...

Meta is deliberately launching with play money. That single decision lets Zuckerberg dodge every gambling regulator on Earth while he trains billions of users to bet on prediction markets.

Meanwhile Kalshi is spending millions fighting state gambling laws, the CFTC, an Illinois sports tax, a Minnesota felony statute, and the Department of Justice.

Kalshi is the crash test dummy. Meta is the getaway driver.

The moment the regulatory war is settled, Zuckerberg flips the switch. Arena becomes a real-money market, and 3.5 billion users are already trained to use it. Kalshi's user base of a few million cannot compete.

This is the exact playbook Meta ran on Snapchat in 2016 when Instagram Stories launched. It is the exact playbook they ran on TikTok in 2020 when Reels launched. It is the exact playbook they ran on Twitter in 2023 when Threads launched.

The FTC took Meta to court over this pattern last year and called it "buy or bury." The judge sided with Meta. So the playbook is legally protected.

Tarek Mansour walked into a meeting with the most predatory copycat in tech history and gave him the entire pitch deck for the fastest growing product in Silicon Valley.

Six months later, Zuckerberg is executing on that intel while Mansour is stuck defending his company in courts across America.

Kalshi survived Zuckerberg's offer. But it probably will not survive Zuckerberg's clone.

Meta ended Q1 with $81 billion in cash. That is enough to buy every prediction market company on Earth six times over. Zuckerberg is choosing to STEAL them instead because he can, and because the courts already gave him permission.

The next 12 months will decide whether Kalshi becomes a $50 billion IPO or a cautionary tale about what happens when a founder says no to Meta.

What do you think?

[Kar @karlogan_]

Dawg on IG they asked straight men what’s the gayest thing they’ve done and a dude said he raised his hand in the club when the DJ asked who got a birthday tonight lmaooooo

[Soul King @SoulKingLives]

Ayooo this is probably the funniest shit I seen in a while 😂. He smacked the shit outta that camera. Temptation Island really be hilarious!

[FearBuck @FearedBuck]

Michael Rubin shares highlights from his all white party last night featuring various celebrities

[kira 👾 @kirawontmiss]

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[Onimusha: Way of the Sword @OnimushaGame]

Onimusha: Way of the Sword is now launching on September 4, 2026.

Experience the beginning of Musashi's journey with the demo and pre-order for bonus items when the full game arrives.

#Onimusha

[Onimusha: Way of the Sword @OnimushaGame]

We are delighted to bring Onimusha: Way of the Sword to you earlier on September 4, 2026. ⚔️

#Onimusha

[Kurrco @Kurrco]

Lil Wayne was a no-show for the opening night of his '20 Years of Carter Classics Tour' in Maine.

He was set to perform in Bangor, Maine with 2 Chainz as a special guest. Minutes after the show's start time, the crowd was told he wasn't coming out. No explanation has been given.

[Fox News @FoxNews]

BREAKING: Two people have climbed to the top of the Empire State Building in New York City, holding a banner from the skyscraper's antenna reading, "When the power of love beats the love of power, the world knows peace."

As of now it's unclear how the pair reached the top of the building as police work to get them down from the spire, 1,454 feet above the ground.

[𝓛𝓪𝓾𝓻𝓪 ˚.🎀༘⋆ @Laura_arma_ni]

Me at work with no idea what to prioritize because everything is "urgent"

[PlayStation @PlayStation]

Important updates:

News on physical discs for new games - https://t.co/BzZODXdWGY

News on PlayStation Store on PS3 and PS Vita - https://t.co/ev3mN6wj14

[Defiant L’s @DefiantLs]

Trump on SCOTUS decision on birthright citizenship,

"I guess I have to accept it. It is the Supreme Court. I think it is very bad for our nation, we are the only nation that does it."

[Congresswoman Yassamin Ansari @RepYassAnsari]

If you’re born in America, you’re an American.

[Szymanski @Szymansk_ii]

Guys we found him

[America @america]

BREAKING: U.S. Supreme Court votes to uphold Birthright Citizenship in a 5-4 ruling.

[Washingtons ghost @washghost1]

Thankful yet again that I don’t live in apartments

[Kalshi @Kalshi]

JUST IN: Apple reportedly investigating iPhone 18 leak

[Truth Sayer @TruthSayer_96]

@jamesjonesesq See her singing off key ?

[Bow Wow @smoss]

Bow Wow: Tiny Desk Concert https://t.co/CYUDRyNwlv via @YouTube

[Truth Sayer @TruthSayer_96]

Wow bow wow!