Current:Home > FinanceInstagram and Facebook launch new paid verification service, Meta Verified -OceanicInvest
Instagram and Facebook launch new paid verification service, Meta Verified
View
Date:2025-04-17 10:44:20
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! (26344)
Related
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- What are the Dry January rules? What to know if you're swearing off alcohol in 2024.
- These struggling stocks could have a comeback in 2024
- Social media companies made $11 billion in ad revenue from kids and teens, study finds
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Meadow Walker Announces Separation From Husband Louis Thornton-Allan After 2 Years of Marriage
- The Points Guy predicts 2024 will be busiest travel year ever. He's got some tips.
- Why corporate bankruptcies were up in 2023 despite the improving economy
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Are bowl games really worth the hassle anymore, especially as Playoff expansion looms?
Ranking
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Third mistrial is declared in Nebraska double murder case, but prosecutors vow to try man again
- Cher asks court to give her conservatorship over her adult son
- Maui’s economy needs tourists. Can they visit without compounding wildfire trauma?
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Anti-corruption authorities to investigate Zambia’s finance minister over cash-counting video
- Russell Wilson signals willingness to move on in first comment since Broncos benching
- Social media apps made $11 billion from children and teens in 2022
Recommendation
Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
Matthew McConaughey Shares Rare Photo of Son Livingston in 11th Birthday Tribute
Las Vegas expects this New Year's Eve will set a wedding record — and a pop-up airport license bureau is helping with the rush
New York man becomes first top prize winner of $5 million from Cash X100 scratch-off
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
China appoints a new defense minister after months of uncertainty following sacking of predecessor
What are nitazenes? What to know about the drug that can be 10 times as potent as fentanyl
Independent lawyers begin prosecuting cases of sexual assault and other crimes in the US military