New York Times and The Athletic workers demand company scrap Kalshi deal

4 comments

• burkaman 4 minutes ago
  This is about stopping a potential deal (https://frontofficesports.com/article/the-athletic-serious-t...), nothing finalized yet. They have allegedly abandoned the idea and claim that isn't because of the union demands: https://frontofficesports.com/article/new-york-times-union-k....
• mikeryan 10 minutes ago
  I really don’t understand how these markets survive a competent DOJ considering the rate they’re having to ban people for “insider trading”. Fully appreciate the Unions position here.
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  • wbl 2 minutes ago
    Insider trading is legal in commodities markets. If I am engaged in a hedging transaction I am doing so because I know about risks that I want to offload, and the buyer does also. You don't come to commodities markets without information.
• monideas 17 minutes ago
  I think if these NY Times employees understood just how damaging Kalshi and other prediction markets were to young men they would support this deal. I suspect this position will be reversed in time.
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  • fyredge 7 minutes ago
    Google was not helpful to me, but what exactly is the deal being discussed? Is NYT going to allow readers to place kalshi bets on their website / app? That would be even more damaging to young men IMO.
  • pavel_lishin 11 minutes ago
    Why would they support a deal with a company doing harm to people?
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    • _bent 0 minutes ago
      it was a joke stemming from the understanding monideas has that the NYT is not an agent of the status quo but actually somehow misandrist turbowoke.
    • santadays 3 minutes ago
      I read it as the liberal elite hate young men... so damaging them is a good thing.
  • retr0rocket 11 minutes ago
    [dead]