Hubdub, the UK-based news prediction market aimed exclusively at a US audience, has today won a partnership deal with Reuters. Hubdub allows users to trade predictions with virtual money on the outcomes of breaking news stories and future events. It will run a new, dedicated Reuters section within the site. Reuters will generate questions for users to trade on based on the latest breaking news, such as the 2008 presidential election. The deal makes a lot of sense – prior to this Reuters-sourced questions were already among the most popular on Hubdub. As with HubDub partners, there are tools and resources designed to help build a Reuters community within the site, including a “friends” application, comment capabilities, links to the top Reuters stories of the day and Reuters market widgets. Often HubDub prediction markets are quite accurate about the future because it aggregate thousands of trades. So far about two million “Hubdub dollars” are traded daily as a result. Some examples of Reuters questions on Hubdub are issues like “Which of these banks will be the next victim of credit crisis?“
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Mike Butcher (M.B.E.), formerly Editor-at-large of TechCrunch, has written for UK national newspapers and magazines and been named one of the most influential people in European technology by Wired UK. He has spoken at the World Economic Forum, Web Summit, and DLD. He has interviewed Tony Blair, Dmitry Medvedev, Kevin Spacey, Lily Cole, Pavel Durov, Jimmy Wales, and many other tech leaders and celebrities. Mike is a regular broadcaster, appearing on BBC News, Sky News, CNBC, Channel 4, Al Jazeera and Bloomberg. He has also advised UK Prime Ministers and the Mayor of London on tech startup policy, as well as being a judge on The Apprentice UK. GQ magazine named him one of the 100 Most Connected Men in the UK. He is the co-founder of TheEuropas.com (Top 100 listing of European startups); and the non-profits Techfugees.com, TechVets.co, and Startup Coalition. He was awarded an MBE in the Queen’s Birthday Honours list in 2016 for services to the UK technology industry and journalism.
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