Facebook, Instagram to offer paid subscriptions sans targeted advertising in Europe

Transcript

00:00 Meanwhile, Meta, the parent company of Facebook and Instagram, announced that starting next

00:04 month, users in Europe will have the option to buy subscriptions to use the social networks

00:09 without being tracked for targeted advertising.

00:13 This move is in response to stricter EU rules aimed at protecting user privacy.

00:18 Meta has faced significant fines in Europe over privacy concerns and struggles to comply

00:24 with the EU's data privacy regulation.

00:27 These subscriptions will cost 9.99 euro per month on the web and 12.99 euro on mobile

00:35 phones and will apply to both Facebook and Instagram accounts.

00:40 Privacy campaigners have expressed concerns about users having to pay for their fundamental

00:45 rights and have threatened legal challenges.