Meta Platforms (NASDAQ: META) CEO Mark Zuckerberg is taking a page out of Elon Musk’s playbook.
It appears that Facebook will be going down the same “verified” path that Musk has taken Twitter as it looks to boost its revenue sources. The platform will begin rolling out what it refers to as “Meta Verified.” The subscription service is said to offer a number of features.
Features included in the service are said to include:
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- Government ID account verification
- A blue badge indicating you have subscribed to the service
- Extra impersonation protection against accounts claiming to be you
- Direct access to customer support.
According to Zuckerberg himself, the service isn’t about increasing revenues at Meta – instead its focused on “increasing authenticity and security across [their] services.”
The subscription service is set to begin at $11.99 a month for web subscribers, and at $14.99 a month for those that subscribe via iOS. It’s unclear at this time whether additional services will be offered later on, given the reference to “starting at” in context of the services price.
The feature is set to be rolled out first in New Zealand and Australia, where it will be available this week, and will then come to “more countries soon.”
Information for this story was found via Edgar and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
