Current:Home > StocksInstagram and Facebook launch new paid verification service, Meta Verified -MoneyTrend
Instagram and Facebook launch new paid verification service, Meta Verified
View
Date:2025-04-22 18:25:37
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! (5721)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- US Republican attorneys general sue to stop EPA's carbon rule
- What’s the history of ‘outside agitators’? Here’s what to know about the label and campus protests
- Family of bears take a swim, cool off in pool of Southern California home: Watch video
- Travis Hunter, the 2
- Rafael Nadal still undecided on French Open after losing in second round in Rome
- A combustible Cannes is set to unfurl with ‘Furiosa,’ ‘Megalopolis’ and a #MeToo reckoning
- Jayden Daniels, Malik Nabers call off $10K bet amid NFL gambling policy concerns
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Crews prepare for controlled demolition as cleanup continues at bridge collapse site
Ranking
- 'We're reborn!' Gazans express joy at returning home to north
- Horoscopes Today, May 11, 2024
- FB Finance Institute's AI Journey: From Quantitative Trading to the Future's Prophets
- A severe geomagnetic storm has hit Earth. Here's what could happen.
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Horoscopes Today, May 11, 2024
- Ciara Reveals How She Turned a Weight-Loss Setback Into a Positive Experience
- You Know You'll Love This Rare Catch-Up With Gossip Girl's Taylor Momsen
Recommendation
New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
Recently retired tennis player Camila Giorgi on the run from Italian tax authorities, per report
1 teen killed, 1 seriously wounded in Delaware carnival shooting
Vasiliy Lomachenko vs George Kambosos Jr. live updates: How to watch, stream fight, predictions
Current, future North Carolina governor’s challenge of power
Sean Burroughs, former MLB player, Olympic champ and two-time LLWS winner, dies at 43
Thomas says critics are pushing ‘nastiness’ and calls Washington a ‘hideous place’
Meet RJ Julia Booksellers, a local bookstore housed in a 105-year-old Connecticut building