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Facebook and Instagram Launch Paid Subscriptions | 20 February 2023 | Daily Morning Note

Facebook and its stablemate Instagram launched on Sunday a paid subscription service, as the advertising-based business model that has long dominated the internet falters. Mark Zuckerberg, the CEO of Facebook-parent Meta, announced on Sunday the launch of Meta Verified, a service starting at US$11.99 a month to authenticate one’s account.

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