Sources detail Kalshi's and Polymarket's efforts to undermine each other, including lobbying regulators, trying to derail deals, and waging influence campaigns
THE SO WHAT
The Kalshi–Polymarket feud shows that for prediction markets, regulatory capture and narrative warfare are as central as product and liquidity. If you’re building in regulated fintech or crypto, assume competitors are running policy and influence campaigns in parallel with shipping features.
READ THE SOURCE
MORE FROM THE WIRE
Deep & Emerging TechCQE-led Bloch Quantum Tech Hub Raises $55 Million
A $55 million federal‑backed hub for quantum manufacturing in the Illinois‑Wisconsin‑Indiana corridor is a bet that supply chain — not just algorithms — will be the choke point. Hardware and advanced manufacturing teams should start mapping where quantum components might intersect their own vendor networks over the next 5–10 years.
Deep & Emerging TechBlackRock’s Meta Deal to Show the Power of $25 Billion M&A Spree
A $12B+ Meta data center financing is another proof point that AI infra is now a core private-markets asset class. Operators planning large builds should assume more structured capital is available — but also more sophisticated scrutiny on utilization and offtake.
Deep & Emerging TechLumentum’s stock just got a lot more interesting — and Barclays has turned bullish
A bullish turn on an optical player after underperformance suggests investors are rotating within the chip stack, not abandoning it. If you depend on photonics or optical components, expect capital — and vendor focus — to flow back into your part of the supply chain.
Taiwan indicts a former TSMC executive for allegedly stealing trade secrets, in what authorities say is the first National Security Act case involving China
Taiwan using its National Security Act on alleged chip IP theft makes semiconductor know‑how a formal national security asset, not just corporate property. Chip and advanced manufacturing firms should assume insider and supply-chain security will be treated — and regulated — like statecraft.