Current:Home > StocksInstagram and Facebook launch new paid verification service, Meta Verified -FundTrack
Instagram and Facebook launch new paid verification service, Meta Verified
View
Date:2025-04-16 21:09:01
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! (48636)
Related
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Grammy-winning poet J. Ivy praises the teacher who recognized his potential: My whole life changed
- Kyle McCord getting start for Ohio State against Indiana, but QB battle will continue
- Who’s running for president? See a rundown of the 2024 candidates
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Majority of Americans support labor unions, new poll finds. See what else the data shows.
- Hurricane Idalia livestreams: Watch webcams planted along Florida coast as storm hits
- Tourists snorkeling, taking photos in Lahaina a 'slap in the face,' resident says
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Wisconsin Republicans revive income tax cut after Evers vetoed similar plan
Ranking
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Municipalities say Pennsylvania court ruling on stormwater fees could drain them financially
- Rapper 50 Cent cancels Phoenix concert due to extreme heat that has plagued the region
- Ex-Proud Boys leader Enrique Tarrio to be sentenced for seditious conspiracy in Jan. 6 attack
- Could your smelly farts help science?
- 'My husband has just been released': NFL wives put human face on roster moves during cut day
- Simone Biles' mind is as important as her body in comeback
- 'I find it wrong': Cosmetics brand ends Alice Cooper collection after he called trans people a 'fad'
Recommendation
Nearly half of US teens are online ‘constantly,’ Pew report finds
Opponents of Nebraska plan to use public money for private school tuition seek ballot initiative
Top CEOs call on Biden administration to address migrant influx in New York
UNC-Chapel Hill grad student Tailei Qi charged with murder in shooting death of professor Zijie Yan
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
Kirkus Prize names Jesmyn Ward, Héctor Tobar among finalists for top literary award
Michigan Gov. Gretchen Whitmer to outline remaining 2023 priorities in Democrat-controlled state
Maui Electric responds to lawsuit, claims power lines were de-energized