Current:Home > FinanceInstagram and Facebook launch new paid verification service, Meta Verified -TruePath Finance
Instagram and Facebook launch new paid verification service, Meta Verified
View
Date:2025-04-15 00:46:07
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! (7)
Related
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- These Senators Tried to Protect the Arctic National Wildlife Refuge from Drilling. They Failed.
- Schools ended universal free lunch. Now meal debt is soaring
- Does Walmart Have a Dirty Energy Secret?
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- The Texas Lawyer Behind The So-Called Bounty Hunter Abortion Ban
- American Idol’s Just Sam Is Singing at Subway Stations Again 3 Years After Winning Show
- Pro-DeSantis PAC airs new ad focused on fight with Disney, woke culture
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- German man in bulletproof vest attempts to enter U.S. Embassy in Paraguay, officials say
Ranking
- In ‘Nickel Boys,’ striving for a new way to see
- Jason Sudeikis Has a Slam Dunk Father-Son Night Out With His and Olivia Wilde's 9-Year-Old Otis
- Exxon Agrees to Disclose Climate Risks Under Pressure from Investors
- 'It's not for the faint-hearted' — the story of India's intrepid women seaweed divers
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Critically endangered twin cotton-top tamarin monkeys the size of chicken eggs born at Disney World
- You'll Simply Adore Harry Styles' Reunion With Grammys Superfan Reina Lafantaisie
- One way to prevent gun violence? Treat it as a public health issue
Recommendation
Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
The Kids Are Not Alright
California Startup Turns Old Wind Turbines Into Gold
Her job is to care for survivors of sexual assault. Why aren't there more like her?
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
See Robert De Niro and Girlfriend Tiffany Chen Double Date With Sting and Wife Trudie Styler
Why viral reservoirs are a prime suspect for long COVID sleuths
Assault suspect who allegedly wrote So I raped you on Facebook still on the run 2 years after charges were filed