Meta slashes EU Facebook and Instagram subscription fees by 40% to meet regional regulatory demands
Publishing timestamp: 2024-11-12 15:05:55
Summary
Meta cuts price of ad-free subscriptions for Facebook and Instagram by 40% for EU users to comply with regulatory demands. They will also offer free access with limited personalized ads based on user data. EU regulations have impacted Meta's ability to launch new services quickly in the region.
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Keywords: breaking news: technology, technology, social media, meta platforms inc, mobile, internet, business news,