Meta slashes EU Facebook and Instagram subscription fees by 40% to meet regional regulatory demands
METAMeta Platforms(META) CNBC·2024-11-13 04:05

This picture taken on April 27, 2023 in Toulouse, southwestern France, shows a screen displaying the Meta logo and the European flag.Meta cut the price of its ad-free subscription versions of Facebook and Instagram by 40% for European Union users to comply with regulatory demands in the region.The social media company will also offer EU users access to Facebook and Instagram for free if they agree to be shown ads based on a limited set of user data, the company said in a Tuesday blog. Meta originally debute ...