Current:Home > FinanceInstagram and Facebook launch new paid verification service, Meta Verified -TradeWise
Instagram and Facebook launch new paid verification service, Meta Verified
EchoSense Quantitative Think Tank Center View
Date:2025-04-07 11:58:21
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! (97623)
Related
- Louvre will undergo expansion and restoration project, Macron says
- Why American Aluminum Plants Emit Far More Climate Pollution Than Some of Their Counterparts Abroad
- 'Hi, Doc!' DM'ing the doctor could cost you (or your insurance plan)
- Affirmative action for rich kids: It's more than just legacy admissions
- Federal hiring is about to get the Trump treatment
- New York City Begins Its Climate Change Reckoning on the Lower East Side, the Hard Way
- The Real Reason Taylor Lautner Let Fans Mispronounce His Name for Decades
- A 3M Plant in Illinois Was The Country’s Worst Emitter of a Climate-Killing ‘Immortal’ Chemical in 2021
- Louvre will undergo expansion and restoration project, Macron says
- Las Vegas could break heat record as millions across the U.S. endure scorching temps
Ranking
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Corn Nourishes the Hopi Identity, but Climate-Driven Drought Is Stressing the Tribe’s Foods and Traditions
- Taco John's has given up its 'Taco Tuesday' trademark after a battle with Taco Bell
- One Farmer Set Off a Solar Energy Boom in Rural Minnesota; 10 Years Later, Here’s How It Worked Out
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Russia's nixing of Ukraine grain deal deepens worries about global food supply
- Environmentalists Praise the EPA’s Move to Restrict ‘Forever Chemicals’ in Water and Wonder, What’s Next?
- Planet Money Paper Club
Recommendation
Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
Jimmy Carter Signed 14 Major Environmental Bills and Foresaw the Threat of Climate Change
Why American Aluminum Plants Emit Far More Climate Pollution Than Some of Their Counterparts Abroad
Shop Amazon Prime Day 2023 Deals on Ninja Air Fryers, Blenders, Grills, Toaster Ovens, and More
Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
Kevin Costner Ordered in Divorce Docs to Pay Estranged Wife Christine $129K Per Month in Child Support
Herbal supplement kratom targeted by lawsuits after a string of deaths
Texas Environmentalists Look to EPA for Action on Methane, Saying State Agencies Have ‘Failed Us’