Facebook will fork out $1 billion dollars to reward content creators

In a bid to keep them on the social media platform, the money will be awarded to creators who use Facebook products in different ways: on Facebook and Instagram

According to the Verge, creators can get a cash bonus for running ads on their videos or reaching certain tipping milestones during livestreams; on Instagram, creators can get paid for enabling ads on their IGTV videos, getting tipped in livestreams, or creating popular videos on Reels.

The money is available to creators on an invitation-only basis for now, and new options for making money will be announced later.

Facebook indicated it would expand availability to more creators later in the year, launching a “dedicated place for bonuses within the Instagram app this summer and in the Facebook app this autumn.”

The initiative is meant to make Facebook “the best platforms for millions of creators to make a living,” Facebook CEO Mark Zuckerberg said in a statement.

The money will be disbursed by the end of 2022.

Facebook is cracking down on ‘expert’ inside groups run by users

The social network says the new feature is designed to help real experts “stand out” in discussions.

Group admins will have the power to give the title to nearly any member they want.

That could mean that groups promoting conspiracy theories or fringe views may also be able to designate “experts”.

Earlier this year, Facebook changed its policies to remove groups which are against vaccines, and also stopped recommending political groups to new members.