Current:Home > MarketsInstagram and Facebook launch new paid verification service, Meta Verified -InvestPioneer
Instagram and Facebook launch new paid verification service, Meta Verified
View
Date:2025-04-15 20:55:25
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! (421)
Related
- The White House is cracking down on overdraft fees
- USWNT's Lindsey Horan cites lack of preparation as factor in early World Cup exit
- Rumer Willis reveals daughter Louetta's name 'was a typo': 'Divine intervention'
- Betty Tyson dies at 75, spent 25 years in New York prison before murder conviction was overturned
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Police detective shot in western Washington, police say
- Giuliani is expected to turn himself in on Georgia 2020 election indictment charges
- Maine’s highest court rules against agency that withheld public records
- Former longtime South Carolina congressman John Spratt dies at 82
- CBS News poll analysis: At the first Republican debate what policy goals do voters want to hear? Stopping abortions isn't a top one
Ranking
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- NBA’s Jimmy Butler and singer Sebastián Yatra play tennis at a US Open charity event for Ukraine
- Oklahoma schools head takes aim at Tulsa district. Critics say his motives are politically driven
- Where Duck Dynasty's Sadie and Korie Robertson Stand With Phil's Secret Daughter
- In ‘Nickel Boys,’ striving for a new way to see
- Opponents are unimpressed as a Georgia senator revives a bill regulating how schools teach gender
- Fit for Tony Stark: Powerball winner’s California mansion once listed at $88 million
- Priscilla Presley Addresses Relationship Status With Granddaughter Riley Keough After Estate Agreement
Recommendation
Grammy nominee Teddy Swims on love, growth and embracing change
Man arrested in kidnapping, death of Andrea Vasquez, 19, in Southern California
Summer School 7: Negotiating and the empathetic nibble
Compromise on long-delayed state budget could be finalized this week, top Virginia lawmakers say
Travis Hunter, the 2
Aaron Rodgers set to make Jets debut: How to watch preseason game vs. Giants
American Airlines is suing Skiplagged, which helps customers book cheaper flights using a loophole
Man arrested after 1-year-old girl's van death during dangerous heat in Omaha