Here we are sharing a piece of big news with you recently the news has come on the internet that Meta plans to start charging. Since the news has come on the internet it went viral on the social media platforms. Meta Platforms Inc. doing business as Meta, formerly named Facebook, Inc. and The Facebook. Inc. It is an American multinational technology conglomerate based in Menlo Park, California. Since the news came on the internet many people have been stunned and now they are very curious to know about the whole information about the news. Here we have more information about the news and we will share it with you in this article.
The Wall Street Journal informed Social media giant Meta may activate charging users its Europen users around $14 each month for an ad-free subscription to Facebook and Instagram. The report also informs that Meta administrators have shared the plan with privacy regulators in Ireland, and competition controllers in Brussels among EU privacy regulators. Meta was assigned the gatekeeper status under the EU’s latest Digital Markets Act last month. You are on the right page for more information about the news, so please read the complete article.
The act will not permit companies to connect the personal data of users across their various assistance along with imposing other restrictions. EU is working on building together regulation of big tech in order to protect European users online and boost contenders in US giants defeated industry. The WSJ report states that Meta has been planning to charge European users around 10 euros or $10.46 for a monthly subscription to Facebook or Instagram on desktop with around $6 euros added for each additional account. Scroll down to the next page for more information about it.
As far as we know, the subscription cost would jump to around 13 euros a month on mobile gadgets as Meta would factor in boards charged by Apple’s and Google’s app stores on in-app payments. Meta informed regulators that it has been planning to roll out the subscription on ads for European users in the coming months, providing users the option between continuing to access Facebook and Instagram with personalized ads or spending for their services without any ads. Meta estimations, the company has around 258 million monthly Facebook users and 257 million Instagram during the first half of 2023. Here we have shared all the information which we had. Stay tuned to us for more updates.