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Reading: Meta Employees Nervous About Paid Subscription’s Damaging Results? – Meta Platforms (NASDAQ:META)
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CryptoCompass > Blog > Trading > Meta Employees Nervous About Paid Subscription’s Damaging Results? – Meta Platforms (NASDAQ:META)
Trading

Meta Employees Nervous About Paid Subscription’s Damaging Results? – Meta Platforms (NASDAQ:META)

Staff
Last updated: 2023/02/21 at 9:17 AM
By Staff 1 month ago
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2 Min Read
Meta Staff Worried About Paid Subscription's Damaging Effects? - Meta Platforms (NASDAQ:META)

Days after Meta Platforms Inc. META CEO Mark Zuckerberg introduced paid subscription service for Facebook and Instagram, an alleged screenshot of the corporate’s inner groups discussing issues is doing rounds on social media. 

What Happened: Social media commentator, Matt Navarra stated on Twitter, “An (alleged) screenshot of Meta’s internal teams discussing concerns about Meta Verified subscription damaging the integrity of blue check mark verification.”  

See Also: How To Buy Meta (Formerly Facebook) Stock

In the screenshot, workers are questioning whether or not different symbols other than the coveted blue verify might be thought of, because the information about paid subscription service may lower the worth of this mark. 

Meta didn’t instantly reply to Benzinga’s request for remark.

Why It’s Important: On Sunday, Meta stated it’s rolling out a subscription service for its Facebook and Instagram customers. People might want to share a authorities ID to get a blue badge and pay $11.99 month-to-month on the internet and $14.99 on Apple’s iOS and Android platforms. 

Netizens have given blended reactions to this improvement as some individuals consider that the subscription service would lower the variety of impersonations, whereas others say that it’s only a method for corporations to generate extra income. 

Users are additionally evaluating Meta’s resolution to monetize blue verify on Facebook and Instagram to Elon Musk’s resolution to launch paid Twitter Blue subscription service. 

Although, it was earlier reported that the Musk-led microblogging web site attracted considerably fewer subscribers than the billionaire might need anticipated. 

Check out extra of Benzinga’s Consumer Tech protection by following this hyperlink.

Read Next: Instagram’s Telegram-Inspired Move? Facebook Parent Rolls Out Broadcast Chat Feature

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Staff February 21, 2023
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