Meta to launch monthly subscription service for Instagram, Facebook - reports
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Facebook parent Meta Platforms (NASDAQ:META) is set to roll out a monthly subscription service that will allow users to verify their accounts using a government ID, according to several published reports Sunday.
Called Meta Verified, the subscription bundle for Instagram and Facebook will be launched later this week, with prices starting at $11.99/month on the web or $14.99/month on iOS and Android.

The subscription is mainly targeted at content creators, enabling to expand their communities. In addition to a verification badge, the service will offer "proactive account protection, access to account support, and increased visibility and reach," a Meta (META) spokesperson said as cited by Bloomberg.
Meta Verified will initially be available in Australia and New Zealand, followed by gradual launches in other countries.
Shares of Meta Platforms (META) have dropped over 14% over the past year