Friday, March 31, 2023
Correct Success
  • Credit
    • How to get out of debt
    • Credit Cards
    • How to repair credit
  • Finance
    • Financial success
    • Financial management
    • Financial health
  • Insurance
  • Loans
    • Business loans
    • Mortgage Loan
    • Home Loan
    • Personal Loan
    • Student Loan
  • Money
    • Taxes
    • Investment
  • Videos
No Result
View All Result
Correct Success
  • Credit
    • How to get out of debt
    • Credit Cards
    • How to repair credit
  • Finance
    • Financial success
    • Financial management
    • Financial health
  • Insurance
  • Loans
    • Business loans
    • Mortgage Loan
    • Home Loan
    • Personal Loan
    • Student Loan
  • Money
    • Taxes
    • Investment
  • Videos
No Result
View All Result
Correct Success
No Result
View All Result
ADVERTISEMENT

Data Doctors: Facebook’s new monthly charge: Hoax or real?

2 weeks ago
in Financial success, Money
Reading Time: 4 mins read
Data Doctors: Facebook’s new monthly charge: Hoax or real?
ShareShareShareShare

Data Doctors’ Ken Colburn explains how the hoaxes that has plagued Facebook continues to grow, including one that they will start charging everyone to continue using the app.

Q: Is Facebook really getting ready to start charging users?

A: The list of hoaxes that have plagued the world’s largest social media platform continues to grow, but one that has persisted for over a decade is that they will start charging everyone to continue using it.

One of the more common recurring hoaxes claims that Facebook will start charging a monthly fee ranging from $3.99 to $9.99 starting this summer.

The usual sure signs of a hoax include poor grammar, punctuation, the instructions to copy and paste to a new post instead of sharing, and that it’s being reported on television.

Hoaxes rely on users not doing their homework and taking posts at face value, which is unfortunately quite effective.



Until recently, it was easy to tell anyone that anything claiming Facebook would start charging users was a hoax, but all that changed last month.

Facebook Verification Subscription

Meta, the parent company for both Facebook and Instagram, announced on Feb. 19 that they were going to start testing an optional paid account verification service.

The fee of $11.99 per month for computers and $14.99 for smartphones is only available in Australia and New Zealand during their initial tests and seems to be inspired by Twitter’s change to charging $7.99 per month for verified accounts.

There’s no question that Meta’s stock price is down significantly, and it’s not surprising to see this radical shift to generate revenue.

Getting verified used to be free and limited to public figures, but the new verification subscription will allow anyone over the age of 17 to get verified with a government-issued ID to avoid the problems Twitter experienced when it opened verification to anyone.

The claims from Meta are that verified accounts cost the company more and that this approach will limit the ability of scammers to create fake verified accounts.

Human Support

Another feature of this new subscription service is an ambiguous reference to direct access to customer support, which likely would be to address the frustration that millions have when they have a serious issue with their account.

The press release stated that you’ll get help when you need it with access to a real person for common account issues.

Speaking directly with a human for customer support is currently impossible and regaining control of a compromised account is treacherous at best.

It looks like Meta is counting on those that rely on Facebook and Instagram to make money (they refer to as creators) will see the value in paying what some are calling ‘protection money’ for their impersonation protections.

Increased Visibility

They refer to the increased visibility and reach with prominence in some areas of the platform — like search, comments and recommendations, which could be valuable for those creators trying to establish an audience.

Already Verified

The announcement also included this: “As we test and learn, there will be no changes to accounts on Instagram and Facebook that are already verified based on prior requirements.”

It hasn’t been a runaway success at Twitter, but the user base of Facebook and Instagram is exponentially larger, so it remains to be seen if this new subscription will have the desired impact on their stock price.

Ken Colburn is founder and CEO of Data Doctors Computer Services. Ask any tech question on Facebook or Twitter.

Like WTOP on Facebook and follow WTOP on Twitter and Instagram to engage in conversation about this article and others.

Get breaking news and daily headlines delivered to your email inbox by signing up here.

© 2023 WTOP. All Rights Reserved. This website is not intended for users located within the European Economic Area.

— to wtop.com

Tags: chargecorrect successDatadoctorsFacebookfacebook new nameFacebooksFBFinancial managemeHoaxmetameta facebookmeta platformsmonthlyreal
ShareTweetPinSend

please Subscribe for further updates

Unsubscribe
Previous Post

Peregrine Capital Management LLC Sells 4,913 Shares of Stifel Financial Corp. (NYSE:SF)

Next Post

Bulletproof Vests, 100 Faces, Credit Cards … – 06880

Related Posts

Meta rolls out long-sought tools to separate ads from harmful content

Meta rolls out long-sought tools to separate ads from harmful content

by Tim Hartwell
0
0

March 30 (Reuters) - Meta Platforms Inc (META.O) said on Thursday it is now rolling out a long-promised system for...

Minnesota native to go on skateboarding journey across Cuba to raise money for youth

Minnesota native to go on skateboarding journey across Cuba to raise money for youth

by Tim Hartwell
0
0

MINNEAPOLIS -- A Minnesota native is hopping back on his skateboard for a new mission to help a new cause...

How Being a Creator Helps a Laid-Off Meta Employee Evaluate Her Future

How Being a Creator Helps a Laid-Off Meta Employee Evaluate Her Future

by Tim Hartwell
0
0

Rawan, who prefers not to publicly disclose her last name, got laid off from her product-marketing job at Meta in...

Meta Platforms Stock Rises. This Analyst Sees 21% Upside.

Meta Platforms Stock Rises. This Analyst Sees 21% Upside.

by Tim Hartwell
0
0

Meta Platforms shares rose Thursday after an analyst at Credit Suisse raised his expectations for the social media stock.Analyst Stephen...

‘All layoffs are bad:’ Recent Salesforce and Meta job cuts show even good severance packages won’t soften the blow for workers

‘All layoffs are bad:’ Recent Salesforce and Meta job cuts show even good severance packages won’t soften the blow for workers

by Tim Hartwell
0
2

Jose Ramos believes Meta executed its recent round of layoffs flawlessly, even if he was one of the 11,000 workers...

Are The Metaverse And Web3 Still Relevant?

Are The Metaverse And Web3 Still Relevant?

by Tim Hartwell
0
0

Generative AI, ChatGPT, Dall-E - it seems everyone’s so excited about AI at the moment that they’ve forgotten all about...

Next Post
Bulletproof Vests, 100 Faces, Credit Cards … – 06880

Bulletproof Vests, 100 Faces, Credit Cards … – 06880

Meta Launches Paid Verification On Facebook, Instagram In US

Meta Launches Paid Verification On Facebook, Instagram In US

Hay Producers Have Risk Options When it Comes to Crop Insurance | Agriculture Business & Agritourism News

Hay Producers Have Risk Options When it Comes to Crop Insurance | Agriculture Business & Agritourism News

Meta is going to charge you for Facebook and Instagram verification status

Meta is going to charge you for Facebook and Instagram verification status

Would a TikTok ban push users to switch social platforms? What to know

Would a TikTok ban push users to switch social platforms? What to know

0
Trisura hires chief underwriting officer

Trisura hires chief underwriting officer

0
Government to Start Looking for Bias in Small Business Lending

Government to Start Looking for Bias in Small Business Lending

0
Meta rolls out long-sought tools to separate ads from harmful content

Meta rolls out long-sought tools to separate ads from harmful content

0
Ivey proposes flat tax he says will benefit the poor

Ivey proposes flat tax he says will benefit the poor

0
Minnesota native to go on skateboarding journey across Cuba to raise money for youth

Minnesota native to go on skateboarding journey across Cuba to raise money for youth

0

Tags

business businessloan business loans cards correct correct Insurance correct success correctsuccess correct_news credit Credit Cards credit score debit debit cards DEBT Facebook facebook new name FB Finance financial Financial health Financial manageme Financial management Financial success How to get out of debit How to repair credit Insurance Investing investment IPO loan Loans Market meta meta facebook meta platforms money news Personal Personal Finance personalloan success tax Taxes US

Categories

  • /asia
  • /business
  • /money
  • /worlds-billionaires
  • Ameya Engineers IPO
  • Annapurna Swadisht IPO
  • Asia
  • Billionaires
  • Business
  • Credit
  • Credit Cards
  • Dipna Pharmachem IPO
  • Dreamfolks Services IPO
  • Finance
  • Financial health
  • Financial management
  • Financial success
  • Forbes Asia
  • How to get out of debt
  • How to repair credit
  • Infurnia Holdings IPO
  • Insurance
  • Investment
  • IPO Allotment Status
  • IPO Listing
  • IPO Subscription Status
  • ipo updates
  • Ishan International IPO
  • JFL Life Sciences IPO
  • Kore Mobile IPO
  • Loans
    • Business loans
    • Home Loan
    • Mortgage Loan
    • Personal Loan
    • Student Loan
  • Mega Flex Plastics IPO
  • Money
  • Sabar Flex India IPO
  • Shantidoot Infra Services IPO
  • SME IPO
  • Tamilnad Mercantile Bank IPO
  • Taxes
  • Videos
  • Viviana Power Tech IPO
Would a TikTok ban push users to switch social platforms? What to know

Would a TikTok ban push users to switch social platforms? What to know

0
Trisura hires chief underwriting officer

Trisura hires chief underwriting officer

0
Government to Start Looking for Bias in Small Business Lending

Government to Start Looking for Bias in Small Business Lending

0
Meta rolls out long-sought tools to separate ads from harmful content

Meta rolls out long-sought tools to separate ads from harmful content

0
Ivey proposes flat tax he says will benefit the poor

Ivey proposes flat tax he says will benefit the poor

0
Minnesota native to go on skateboarding journey across Cuba to raise money for youth

Minnesota native to go on skateboarding journey across Cuba to raise money for youth

0
Correct-Success-Logo

Correct Success | Finance, Debt, Loan, Credit etc

Categories

  • /asia
  • /business
  • /money
  • /worlds-billionaires
  • Ameya Engineers IPO
  • Annapurna Swadisht IPO
  • Asia
  • Billionaires
  • Business
  • Business loans
  • Credit
  • Credit Cards
  • Dipna Pharmachem IPO
  • Dreamfolks Services IPO
  • Finance
  • Financial health
  • Financial management
  • Financial success
  • Forbes Asia
  • Home Loan
  • How to get out of debt
  • How to repair credit
  • Infurnia Holdings IPO
  • Insurance
  • Investment
  • IPO Allotment Status
  • IPO Listing
  • IPO Subscription Status
  • ipo updates
  • Ishan International IPO
  • JFL Life Sciences IPO
  • Kore Mobile IPO
  • Loans
  • Mega Flex Plastics IPO
  • Money
  • Mortgage Loan
  • Personal Loan
  • Sabar Flex India IPO
  • Shantidoot Infra Services IPO
  • SME IPO
  • Student Loan
  • Tamilnad Mercantile Bank IPO
  • Taxes
  • Videos
  • Viviana Power Tech IPO

Recent Post

  • Would a TikTok ban push users to switch social platforms? What to know
  • Trisura hires chief underwriting officer
  • Government to Start Looking for Bias in Small Business Lending

Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
  • Home
  • About Us
  • Contact Us
  • Privacy & Policy

© 2020 Correct Success. Design By Techdesire

No Result
View All Result
  • Credit
    • How to get out of debt
    • Credit Cards
    • How to repair credit
  • Finance
    • Financial success
    • Financial management
    • Financial health
  • Insurance
  • Loans
    • Business loans
    • Mortgage Loan
    • Home Loan
    • Personal Loan
    • Student Loan
  • Money
    • Taxes
    • Investment
  • Videos

© 2020 Correct Success. Design By Techdesire

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version