In a significant development, Meta, the parent company of Facebook and Instagram, has unveiled a new subscription service for users in Europe, allowing them to opt out of targeted ads in exchange for a monthly fee. The move is in response to a growing emphasis on privacy regulations in the European Union and neighboring countries. As of now, Facebook and Instagram users in the EU, Iceland, Liechtenstein, Norway, and Switzerland can subscribe to this ad-free experience for a monthly fee.
Starting at €9.99 ($10.60) per month for web users and €12.99 ($13.78) for iOS and Android users, this service promises to offer users a clutter-free social media experience by eliminating the often intrusive and personalized ads that have been a part of the Facebook and Instagram platforms for years. However, beginning in March, an additional fee will be introduced for each additional account listed in a user’s Account Center.
The implementation of this subscription model is a strategic move by Meta to comply with evolving European regulations aimed at regulating the use of personalized ads by major tech companies. In recent years, the European Union has tightened its data privacy rules, and soon, it will mandate that tech giants like Meta seek user consent for targeted advertising.
The court ruling in July established that tech companies can adopt subscription models as a legitimate way to obtain user consent. This means that Meta can now ask users if they want to enjoy Facebook and Instagram without advertising for a fee. It’s important to note that free access to these platforms will continue to be available for those who choose not to subscribe, but they will still see ads.
It’s worth mentioning that these subscription plans are exclusive to users within Europe and the aforementioned countries and do not apply to users outside of this region.
One of the key legal frameworks that has shaped this decision is the European Union’s General Data Protection Regulation (GDPR), which allows companies to collect and use the personal data of EU citizens for specific purposes. Meta has previously argued that its data collection for advertising is necessary to fulfill the “contracts” between the platform and its users to provide its services. However, privacy advocates and regulators have contended that this justification doesn’t adequately support the use of personal data for advertising purposes.
Meta issued a statement on this development, emphasizing its commitment to offering a free, ad-supported internet while complying with European regulations. The company stated, “We believe in a free, ad-supported internet — and will continue to offer people free access to our personalized products and services regardless of income. We respect the spirit and purpose of these evolving European regulations and are committed to complying with them.”
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TikTok, the wildly popular short-form video app, has been hit with a massive €345 million ($368 million) fine by the Irish Data Protection Commission (DPC) for failing to adequately protect children’s privacy on its platform.
China’s economy is displaying hopeful signs of recovery in August, but the real estate sector continues to struggle, posing challenges for the nation’s economic stability.
Arm, the renowned British chip designer under the SoftBank umbrella, is gearing up for a high-stakes $5 billion initial public offering (IPO). While excitement surrounds this significant move, investors are growing increasingly wary of Arm’s business ties to China, particularly amidst escalating tensions between the United States and Beijing over chip technology. Let’s dive into the complexities of Arm’s China dealings and the challenges it faces.
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First NFT vending machine in the world is now operational in New York
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The LEGO Group today began construction on a new $1 billion factory in Binh Duong, Vietnam
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