Will Facebook's 'Meta Verified' be a success? San Diego business leaders discuss

  • 📰 sdut
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

United States News News

United States United States Latest News,United States United States Headlines

Meta, parent company of Facebook and Instagram, announced this week it would be testing out a new paid subscription for $11.99 a month.

suggested outrage over Twitter Blue may have been more tied to dislike of Elon Musk, instead of aversion to paying for other services.Meta has billions of users. If just 1 percent of “active” users pay for the service, they will make over $100M per month in new revenue. They will easily duplicate the success of other social media entities who have tried it. Facebook and Instagram are no longer just “social media”— they now are “pay-to-play” serious businesses for brands.

While it may make sense for small creators to help with verification, increased visibility, and impersonation protection, it’s unlikely to see broad adoption. Previously, paid verification subscriptions for other social media apps haven’t seen tremendous success. Meta Verified is likely to follow suit.Meta Verified is nothing more than Zuckerburg’s way to fleece more money from gullible people seeking instant online recognition and validation.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Food service workers for Facebook parent company Meta protest for severance outside Seattle officesCooks, line servers, and café workers who work at the offices are worried for their jobs — and they’re demanding equal treatment.
Source: KIRO7Seattle - 🏆 271. / 63 Read more »

Laid-off Meta cafeteria workers ask for the same severance as the company's employeesThe workers and their union supporters plan to rally at the company's headquarters in Menlo Park, Calif., on Wednesday afternoon. Why not the Executive's severance? Fck yeah! Socialism
Source: MarketWatch - 🏆 3. / 97 Read more »