Meta, the parent company of Facebook and Instagram, has announced that it will begin charging users $11.99 a month for a blue badge on its social media platforms. The new subscription service, called Meta Verified, will initially be available in Australia and New Zealand before being rolled out to other countries in the coming weeks.
Mark Zuckerberg, Meta’s CEO, stated in posts on Facebook and Instagram that the move was about “increasing authenticity and security across our services.” To become eligible for Meta Verified, users will have to submit a government ID to prove their identity, and subscribers will be allowed to use only their legal names on their profile pages. The service also includes extra impersonation protection against accounts claiming to be the user.
Users who want blue badges on both Facebook and Instagram will need to enroll separately and pay at least $24 a month. However, Meta plans to eventually offer bundled subscriptions. Those who already have verified accounts on Facebook and Instagram will be able to retain them at no cost, for now.
Meta’s subscription move follows Twitter’s recent announcement that it will charge users $8 a month for blue check marks through its Twitter Blue service. Twitter also stated that it would soon disable two-factor authentication through text messages for users who are not paid Twitter Blue subscribers.
The introduction of Meta Verified is part of Meta’s efforts to find new income streams as it continues to invest heavily in its shift to the metaverse. The company has been cutting costs and focusing on becoming a stronger and more nimble organization, as stated by Zuckerberg in a recent earnings call.
Meta Verified will be a gradual test, and it remains to be seen how users will respond to paying for features that were previously available for free. However, the company believes that the service will help up-and-coming creators grow their presence and build their community faster. As social media platforms continue to evolve, it is likely that more features and services will be introduced that users will need to pay for, changing the dynamics of the social media landscape.
-
Cultural differences between the East and the West -
Vietnam received recognition in the 29th World Travel Awards in numerous categories -
Vietnamese dishes that fascinate foreigners -
First NFT vending machine in the world is now operational in New York -
The LEGO Group today began construction on a new $1 billion factory in Binh Duong, Vietnam -
19 DeFi Startups To Watch
Jack Ma’s inspiring startup stories and lessons learned: How to overcome the toughest challenges!
Alibaba founder Jack Ma’s return to China enhances Chinese entrepreneurs’ confidence in the domestic market as pressure from the US market mounts
Alibaba founder Jack Ma’s return to China enhances Chinese entrepreneurs’ confidence in the domestic market as pressure from the US market mounts
Twitter’s Blue Check Mark System Undergoes Major Changes: Users and Businesses to Pay Up for Verification
Valencia Fallas: A Spectacular Celebration of Art, Fire, and Tradition
Vietnamese cuisine recognized by international chefs and media as one of the healthiest cuisines in the world
Valencia Fallas: A Spectacular Celebration of Art, Fire, and Tradition
Hong Kong Airlines Offers Free Round-Trip Economy Fare in Click & Go Promotion
52 US firms, including corporate giants Boeing and Netflix are in the biggest business mission to Vietnam
The Collapse of Silicon Valley Bank: Lessons Learned and Risks Highlighted in the Current Financial System
Talks with Leaders, Ep8: 1st AI Doctor Assistant in Vietnam provides 90+% correct diagnosis within 5s
Talks with Leaders, Special episode: Blockchain meets Metaverse, featuring business leaders, investors, tech experts and global influencers
Appointing AI Robot as CEO, a Chinese company’s Share Price Increases by 10%
Jack Ma’s inspiring startup stories and lessons learned: How to overcome the toughest challenges!
Valentino Joins the Metaverse: An Exciting Partnership with UNXD
Most popular technical terms in Crypto you should know about
Most popular technical terms in Crypto you should know about
Valencia Fallas: A Spectacular Celebration of Art, Fire, and Tradition
Appointing AI Robot as CEO, a Chinese company’s Share Price Increases by 10%
Jack Ma’s inspiring startup stories and lessons learned: How to overcome the toughest challenges!
TikTok faces increasing government scrutiny and bans around the world
Most popular technical terms in Crypto you should know about
Valencia Fallas: A Spectacular Celebration of Art, Fire, and Tradition
Vietnamese cuisine recognized by international chefs and media as one of the healthiest cuisines in the world
52 US firms, including corporate giants Boeing and Netflix are in the biggest business mission to Vietnam
The Collapse of Silicon Valley Bank: Lessons Learned and Risks Highlighted in the Current Financial System
- Jack Ma’s inspiring startup stories and lessons learned: How to overcome the toughest challenges! - March 29, 2023
- Alibaba founder Jack Ma’s return to China enhances Chinese entrepreneurs’ confidence in the domestic market as pressure from the US market mounts - March 28, 2023
- Twitter’s Blue Check Mark System Undergoes Major Changes: Users and Businesses to Pay Up for Verification - March 26, 2023
