Current:Home > StocksInstagram and Facebook launch new paid verification service, Meta Verified -Streamline Finance
Instagram and Facebook launch new paid verification service, Meta Verified
View
Date:2025-04-14 05:49:17
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! (38)
Related
- Federal hiring is about to get the Trump treatment
- Lefty Driesell, folksy, fiery coach who put Maryland on college basketball’s map, dies at 92
- Vince Carter, Doug Collins, Seimone Augustus lead 2024 Basketball Hall of Fame finalists
- Lefty Driesell, folksy, fiery coach who put Maryland on college basketball’s map, dies at 92
- 2025 'Doomsday Clock': This is how close we are to self
- Venezuela bribery witness gets light sentence in wake of Biden’s pardoning of Maduro ally
- MLB spring training 2024 maps: Where every team is playing in Florida and Arizona
- Trump hawks $399 branded shoes at ‘Sneaker Con,’ a day after a $355 million ruling against him
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Chocolate, Lyft's typo and India's election bonds
Ranking
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- A year after Jimmy Carter’s entered hospice care, advocates hope his endurance drives awareness
- Tesla Cybertruck owners complain their new vehicles are rusting
- NBA All-Star 3-point contest 2024: Time, how to watch, participants, rules
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- You Won't Believe These Celebrity Look-Alikes Aren't Actually Related
- Is hypnosis real? Surprisingly – yes, but here's what you need to understand.
- GOP candidates elevate anti-transgender messaging as a rallying call to Christian conservatives
Recommendation
Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
FDA approves first cell therapy to treat aggressive forms of melanoma
Bears great Steve McMichael contracts another infection, undergoes blood transfusion, family says
'In the moooood for love': Calf with heart-shaped mark on forehead melts hearts online
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
This week on Sunday Morning (February 18)
Lefty Driesell, folksy, fiery coach who put Maryland on college basketball’s map, dies at 92
Former 'Bachelor' star Colton Underwood shares fertility struggles: 'I had so much shame'