"This new feature is about increasing authenticity and security across our services," Zuckerberg wrote in February in an Instagram broadcast channel.
Meta joins other platforms, like Discord, Reddit and YouTube, which have their own subscription-based models.relaunched its own verification subscription service, Twitter Blue, in December, after an onset of fake "verified" accounts forced it to pull the feature. Twitter Blue costs $11 a month for iOS and Android subscribers, part of owner Elon Musk's attempt to raise its subscriptions business after buying the platform for $44 billion.
For Meta, the move offers the promise of another revenue stream beyond advertising, at a time when its core ad sales business is under pressure from a number of factors, including privacy changes on Apple and tightening budgets amid recession fears.
“Coveted” by who? Most people would laugh at someone who spends over $100/year on a free social media site.
A meaningless checkmark that just puts money in Zuckerberg’s pocket? Why?
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