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Meta offers to cut Facebook, Instagram monthly fees to 5.99 euros

Economic Times

Economic Times · 1y ago

Meta offers to cut Facebook, Instagram monthly fees to 5.99 euros

Meta Platforms has announced plans to reduce the monthly subscription fee for Facebook and Instagram from 9.99 euros to 5.99 euros following discussions with regulators. The move aims to speed up the process of reaching a stable state for these platforms. Meta's lawyer, Tim Lamb, confirmed the proposed reduction during a hearing with the European Commission. The new pricing would apply to a single account, with an additional charge of 4 euros for any extra accounts.

Related News

Meta's Instagram and Facebook to offer subscription

Livemint

Livemint · 1y ago

Meta's Instagram and Facebook to offer subscription

Social media giant Meta is reportedly considering charging European users around $14 per month for an ad-free subscription to Instagram and Facebook. Meta has shared this plan with privacy regulators in Ireland, digital competition regulators in Brussels, and EU privacy regulators. The proposed subscription would cost around 10 euros per month on desktop, with additional fees for extra accounts. On mobile, the price would increase to approximately 13 euros per month due to commissions charged by Apple's and Google's app stores. It is unclear if EU regulators will approve Meta's plan.

Meta challenges EU over content moderation law fees

Economic Times

Economic Times · 1y ago

Meta challenges EU over content moderation law fees

Facebook owner Meta is planning to challenge the European Union's demand for fees under a content moderation law in court. The European Commission had included Meta's Facebook and Instagram on a list of large online platforms subject to tougher rules under the Digital Services Act (DSA). Meta supports the aims of the DSA but disagrees with the methodology used to calculate the fees. The DSA requires platforms to combat illegal content and protect consumers from fraud. Meta is not the only company challenging the EU's designation, with Amazon and Zalando also on the list.

Ad-free Facebook might get way cheaper to appease EU regulators

The Verge

The Verge · 1y ago

Ad-free Facebook might get way cheaper to appease EU regulators

Meta has offered to lower the price of its ad-free subscription for Instagram and Facebook in Europe, according to reports. The company proposed reducing the subscription price from €9.99 to €5.99 for a single account and €4 for additional accounts during a hearing with the European Commission. By lowering the price, Meta hopes to address regulatory concerns and create a more favorable environment. The ad-free subscription was launched last year after EU regulators questioned the company's data collection and processing practices. However, consumer groups have criticized the subscription as a way to bypass consent requirements.

Instagram testing feed only for paid verified users

Economic Times

Economic Times · 1y ago

Instagram testing feed only for paid verified users

Instagram, owned by Meta, is testing a new feature that would allow only paid and verified users to post on a dedicated feed. This move follows in the footsteps of Elon Musk's platform, X, which offers more control to its users. Instagram is exploring this feature as a way for businesses and creators to gain more visibility. The Meta Verified toggle, priced at $11.99 on the web or $14.99 in-app, allows users to appear more prominently in the Instagram feed. Meta is also considering charging users in Europe $14 for an ad-free Instagram or Facebook experience.

Meta says it will pass on the Apple tax to advertisers paying to boost posts on Facebook and Instagram

TechCrunch · 1y ago

Meta says it will pass on the Apple tax to advertisers paying to boost posts on Facebook and Instagram

Meta, formerly known as Facebook, plans to pass on Apple's 30% service charge to advertisers who want to pay to boost posts on Facebook or Instagram iOS apps. This move comes as Meta aims to leverage advertiser outrage in its battle against Apple's in-app purchase fees. Advertisers can bypass the additional charge by boosting posts through web browsers instead of the iOS apps. Meta hopes that raising prices on iOS will generate anger and support in its fight to disrupt Apple's dominance in the iOS app economy. The changes will initially affect apps in the US and roll out to other markets later this year.

Now the EU is asking questions about Meta's 'pay or be tracked' consent model

TechCrunch · 1y ago

Now the EU is asking questions about Meta's 'pay or be tracked' consent model

The European Union (EU) has sent Facebook and Instagram owner Meta a formal request for information (RFI) under the Digital Services Act (DSA), regarding its controversial "pay or be tracked" consent model. The EU is seeking more details about the "Subscription for no Ads options" provided to users, particularly regarding Meta's compliance with obligations related to advertising practices, recommender systems, and risk assessments. The ad-free subscription model requires users to pay monthly fees or agree to be tracked for targeted advertising, which has raised concerns about informed and freely given consent under EU data protection law. Complaints have been filed against Meta for potential breaches of data and consumer protection laws. The EU's RFI comes as part of its role in enforcing the DSA's rules for larger online platforms.

Meta introduces Meta Verified subscriptions for businesses in India

YourStory

YourStory · 1y ago

Meta introduces Meta Verified subscriptions for businesses in India

Meta Platforms, parent company of Facebook, has introduced Meta Verified subscription businesses on Instagram and Facebook in India. This program offers verified badges, enhanced account support, impersonation protection, and additional features to promote discovery and connection for businesses. Meta Platforms initially launched the business plan last year as a test and has since expanded it to include four subscription plans. The verified badge is highly regarded by business owners, as it provides credibility and increases customer confidence. The subscription plans are currently only available for purchase on iOS and Android.

Meta's Threads now has over 175 million monthly active users, says Mark Zuckerberg

Money Control

Money Control · 1y ago

Meta's Threads now has over 175 million monthly active users, says Mark Zuckerberg

Meta-owned social media app, Threads, has surpassed 175 million monthly active users (MAUs), making it the fastest-growing consumer product in the world. Initially lacking certain basic features, Meta quickly added improvements, resulting in increased usage and downloads. Mark Zuckerberg, CEO of Meta, believes Threads has the potential to become the next billion-user social network within its suite of apps, which includes Facebook, Instagram, WhatsApp, and Messenger. Meta has also introduced Threads API, allowing third-party developers to extend the platform's functionality, and expanded its open social web rollout to over 100 countries, facilitating interoperability with other platforms.

Meta tests cross-posting from Facebook to its Twitter/X competitor, Threads | TechCrunch

TechCrunch · 1y ago

Meta tests cross-posting from Facebook to its Twitter/X competitor, Threads | TechCrunch

Meta, the parent company of Facebook, is reportedly testing a cross-posting feature that would allow users to post content on both Facebook and its messaging app, Threads. This feature, already available for cross-posting from Facebook to Instagram, aims to make it easier for content creators to share their updates on multiple platforms. The test is limited to iOS and excludes the EU. This potential addition could boost Threads' user base and increase the number of posts available on the app, which already has over 130 million monthly active users. Additionally, Facebook is testing a "Write with AI" writing assistant for composing posts.

Meta's Instagram down for thousands, Downdetector shows

Economic Times

Economic Times · 1y ago

Meta's Instagram down for thousands, Downdetector shows

Instagram, owned by Meta Platforms, experienced an outage on Thursday, impacting thousands of users in the United States. At its peak, over 5,000 users reported difficulties accessing the popular photo-sharing platform. This follows recent global outages affecting other social media platforms owned by Meta, including Facebook, Instagram Messenger, and Threads. In India, nearly 15,381 users reported a Facebook outage and over 19,200 users reported a similar issue with Instagram on March 5th.

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