The New York Times reported that Kalshi, which the newspaper described as the country's largest prediction market, has severed its relationship with Donald Trump Jr., the eldest son of the president. According to that report, Kalshi ended its contract with him after his investment firm took a larger stake in its prime competitor.

ABC News reported that Trump Jr. is no longer a paid adviser for Kalshi, according to the prediction market company, which said so on Thursday.

The two reports describe the change in different terms. The New York Times described a severed relationship and an ended contract, while ABC News described an exit from an advisory role. The summaries do not say whether the contract and the advisory role are the same arrangement.

According to the summary of The New York Times report, the change followed the larger stake taken by Trump Jr.'s investment firm in Kalshi's prime competitor. That summary does not name the competitor or the firm, and it does not say when the contract ended.

The New York Times story is credited to Sharon LaFraniere. The ABC News summary does not list a named author. The summaries provided do not include comment from Donald Trump Jr. or from the competitor, and they do not describe any response from either party.

Both sources report that Kalshi's arrangement with Trump Jr. has ended, though they describe the change in different words.

Sources: The New York Times: Kalshi Severs Its Relationship With Donald Trump Jr.; ABC News: Donald Trump Jr. exits advisory role at prediction market Kalshi.