
Key Points
- 01Meta is trialing a prediction-market app called Takes with employees
- 02Takes lets users wager virtual “cred” points instead of real money
- 03AI-generated questions power the internal test, with no launch date set
- 04Meta shares closed at $641.69 before easing in after-hours trade
Meta launches internal trial of Takes app
Meta Platforms has begun testing an internal prediction-market app called Takes with its employees, allowing them to bet on the outcomes of questions and events using virtual points rather than cash. On the night of November 13, 2026, employees were asked to predict the winner of the quiz show Jeopardy! inside the unreleased app. The app is not available to the public, and there is no stated timetable or launch date for a broader release.
Within Takes, participants wager a points currency called cred, short for credibility, and no real money changes hands. Correct predictions increase a user’s cred balance, while incorrect answers reduce it, mirroring the mechanics of mainstream prediction markets but without financial stakes. The use of a play-money system distinguishes Takes from real-money platforms where users trade dollars on event outcomes.
Design and evolution of the Takes project
In June 2026, CEO Mark Zuckerberg reportedly directed a small team to build a standalone prediction-market app called Arena. Internal documents referred to the effort under the codenames Antwerp and FBForecast before the app adopted its current name. They laid out a daily allocation of play money for users and a plan for a public launch on iPhone and Android following internal testing.
In the prototype, Meta’s Llama AI model is used to write questions from trending topics, recommend markets, and resolve them in near real time. This automation targets the cost of selecting questions by hand, which internal documents cited as a reason for shutting down Meta’s crowdsourced Forecast app, launched in 2020 and closed about two years later.
Scope, uncertainty and financial context
The Takes app remains an internal experiment and may change names or features, or never be released publicly. The app currently has no disclosed revenue and no clear public launch timetable. Earlier reporting mentioned a goal for large-scale participation, but Meta has not itself provided any such figures.
Meta’s broader financial scale frames the modest size of the Takes initiative. The company has issued fourth-quarter revenue guidance of $73 billion to $76 billion and projected 2026 capital spending of $135 billion to $145 billion. Against these figures, Takes is positioned as a small option within a much larger investment program, with its commercial impact yet to be defined.
Market reaction to the testing news
Meta’s stock closed at $641.69 on November 14, 2026, a gain of $18.08 or 2.9% on the day. After the close, the shares declined to $637.03 in after-hours trading, down 0.73% as of 7:59 p.m. Eastern Time. The shares are down 13% over the past month, reflecting recent volatility around the stock. No formal link has been established between the stock moves and the internal testing of Takes.
Key Takeaways
- 01Takes marks Meta’s renewed push into prediction markets, this time structured around virtual points rather than real-money stakes.
- 02Automation through the Llama AI model directly targets the manual costs that contributed to the shutdown of Meta’s earlier Forecast app.
- 03With no launch date, revenue, or public access, Takes is currently a small experimental project set against Meta’s much larger spending plans and revenue base.
References
- https://247wallst.com/investing/2026/11/14/meta-is-testing-a-prediction-market-app-with-its-employees/?.tsrc=rss
- https://sg.finance.yahoo.com/news/meta-tests-prediction-market-app-203017664.html
- https://www.theblock.co/news/markets/2026-11-13-meta-tests-prediction-market-app-using-cred-points-instead-cash-wsj-440215
- https://www.marketscreener.com/news/meta-employees-test-prediction-market-app-wsj-reports-ce785eded98afe26