Current:Home > FinanceInstagram and Facebook launch new paid verification service, Meta Verified -FutureWise Finance
Instagram and Facebook launch new paid verification service, Meta Verified
View
Date:2025-04-13 23:21:01
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! (6442)
Related
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Lauren Conrad Supports Husband William Tell's Reunion With Band Something Corporate
- Day care van slams into semi head on in Des Moines; 7 children, 2 adults hospitalized
- Ben Affleck Recounts F--king Bananas Fan Encounter With Wife Jennifer Lopez and Their Kids
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- NBA mock draft: Zaccharie Risacher, Alex Sarr sit 1-2; two players make debuts
- Kylie Jenner Breaks Down in Tears Over Nasty Criticism of Her Looks
- New York moves to limit ‘addictive’ social media feeds for kids
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Roller coaster strikes and critically injures man in restricted area of Ohio theme park
Ranking
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- After Drake battle, Kendrick Lamar turns victory lap concert into LA unity celebration
- TikTok accuses federal agency of ‘political demagoguery’ in legal challenge against potential US ban
- Kiefer Sutherland Mourns Death of Dad Donald Sutherland in Moving Tribute
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- This 'Bridgerton' season, Penelope and Colin are missing something
- A DA kept Black women off a jury. California’s Supreme Court says that wasn’t racial bias
- Watch Kelly Ripa and Mark Consuelos reunite with their baby from 'All My Children'
Recommendation
Retirement planning: 3 crucial moves everyone should make before 2025
After woman calls 911 to say she's sorry, police respond and find 2 bodies
Donald Sutherland death: Chameleon character actor known for 'M*A*S*H' dead at 88
Authorities arrest Alabama man wanted in connection with multiple homicides
How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
Two environmental protesters arrested after spraying Stonehenge with orange paint
Another police dog dies while trying to help officers arrest a suspect in South Carolina
Minivan carrying more than a dozen puppies crashes in Connecticut. Most are OK