You will soon be charged to use Facebook and Instagram

  • 5 October 2023
  • Posted by: Federica Montella
  • Category: Investing
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Video Transcript

You will soon be charged to use Facebook and Instagram

No, it’s not a joke this time is real.

The company behind them, Meta, plans to launch a subscription option in the next few months
to offer an ad-free experience.

The subscription would cost around €10 per month on desktop, with additional linked accounts at €6 each. On mobile devices, it would cost around €13 per month due to app store commissions.

Do you remember when CEO Mark Zuckerberg, previously said that the core services offered by Facebook and Instagram will always be free?

Well, there has been a change because he is trying to comply with evolving regulations in the European Union

This option is currently available only for European users, as it’s a response to EU regulations.

Regulators will decide if Meta’s plan complies with EU laws, considering whether the prices are reasonable for users who don’t want personalized ads.

You can still use Instagram and Facebook for free with personalized ads of course.

Let’s see what the regulators decide.

Are you going to pay to use Facebook and Instagram without ads? Let me know in the comments

See you in the next video and remember to invest with PassionForProfit

Bye

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Author: Federica Montella
eToro Popular Investor, food lover and blogger. Stock trader and Popular Investor at eToro. I am on a mission to find the best restaurants and food to eat.

Partners: Osom One, Vincenzo Stefanini, Federica Montella, Crypto Breaking, Visit Tenerife, White Shop, Soccavo Magazine, Leggo Fuorigrotta, Night Awards, Capodanno Napoli, Come To Dubai