Current:Home > StocksInstagram and Facebook launch new paid verification service, Meta Verified -BrightFuture Investments
Instagram and Facebook launch new paid verification service, Meta Verified
View
Date:2025-04-17 10:31:06
Facebook and Instagram are launching a new subscription service that will allow users to pay to become verified.
Meta — the parent company of Facebook and Instagram — said it would begin testing "Meta Verified" in Australia and New Zealand this week, with other countries soon. The announcement came on Sunday via CEO Mark Zuckerberg's Instagram account.
The monthly subscription service will start at $11.99 a month on the web or $14.99 a month on iOS or Android.
In addition to a verification badge, the service includes more protection against impersonating accounts, increased visibility in areas such as search and recommendations, and more direct access to customer support, according to a news release.
"This new feature is about increasing authenticity and security across our services," Zuckerberg wrote.
Currently, Facebook and Instagram allow users of popular and notable accounts to add a free badge noting the account's authenticity.
The move aligns closely with Elon Musk's revamped "Twitter Blue," which was unveiled in November 2022. Musk made the once-free blue check mark, noting a popular account's authenticity, available to any user who paid a monthly fee, but had to relaunch the service in December after a flood of users impersonated companies and celebrities.
Unlike Twitter, however, Meta clarified that there will be no changes to accounts which were verified as a result of prior "authenticity and notability" requirements.
Meta Verified isn't available for businesses yet, but that's part of the service's long-term goal.
"As part of this vision, we are evolving the meaning of the verified badge so we can expand access to verification and more people can trust the accounts they interact with are authentic," Meta's news release said.
Meta's announcement to charge for verification comes after the company lost more than $600 billion in market value last year.
The company has reported year-over-year declines in revenue for the last three consecutive quarters, though the most recent report may signify that the tides are turning.
Zuckerberg said Meta's goal was to focus on "efficiency" to recover. The company cut costs by laying off 13% of the workforce — 11,000 employees — in November, and consolidated office buildings.
veryGood! (51)
Related
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- 9 of 10 wrongful death suits over Astroworld crowd surge have been settled, lawyer says
- Urologist convicted of patient sex abuse, including of minors
- 'Taylor Swift vs Scooter Braun: Bad Blood' docuseries coming to Max
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Millie Bobby Brown Shares Look Inside Jake Bongiovi Romance While Celebrating His Birthday
- Judge indefinitely delays Trump classified documents trial
- Attorney, family of Black airman fatally shot by Florida deputies want a transparent investigation
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- TikTok to start labeling AI-generated content as technology becomes more universal
Ranking
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Top water official in New Mexico to retire as state awaits decision in Rio Grande case
- James Taylor talks koalas, the 'gravitational attraction' of touring and Taylor Swift
- Jokic wins NBA’s MVP award, his 3rd in 4 seasons. Gilgeous-Alexander and Doncic round out top 3
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Jelly Roll completes 5K after 70-pound weight loss: 'Really emotional'
- Heineken pledges nearly $50 million investment for transforming tired pubs in U.K. into eco-friendly faces of resilience
- Urologist convicted of patient sex abuse, including of minors
Recommendation
Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
TikTok to start labeling AI-generated content as technology becomes more universal
Gypsy Rose Blanchard Shares New Glimpse at Her Transformation
FDIC workplace was toxic with harassment and bullying, report claims, citing 500 employee accounts
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
Woman accused of throwing her disabled son to his death in a crocodile-infested canal
Raiders owner provided Las Vegas warehouse space Mike Tyson is using for training purposes
Panera to stop selling Charged Sips caffeinated drinks allegedly linked to 2 deaths