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Meta Verified may make billions but won’t be enough
By Dr Wealth  •  February 21, 2023
Tech companies are a copycat nowadays. They are feeling insecure whenever a competitor launches something and they felt they have to do it too. The most recent case being Meta, who is launching a paid verification service akin to Twitter Blue. The service is called Meta Verified. The ‘blue tick’ verified profile has been around for a while and it was only granted to personalities with big followings, for free. Now Meta wants to charge for that verified status for US$11.99 a month on the web and US$14.99 a month on iOS/Android (due to the fees on App/Play stores.) These prices are higher than Twitter Blue’s US$8 a month and $11 a month on iOS/Android. This could be because Meta has a much larger platform than Twitter, with Facebook and Instagram under its umbrella. As a result, they have the leverage to ask for more money. According to The Information, Twitter Blue has 290,000 subscribers or generate about US$28 million revenue a year....
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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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