News

Would you pay to avoid ads on Instagram?

Published

8 months ago

September 2, 2023

ticker NEWS

Meta Platforms, the parent company of Facebook and Instagram, is reportedly contemplating offering paid versions of these social media platforms without advertisements for users within the European Union.

The move comes as a response to heightened scrutiny from EU regulators, according to a report by The New York Times.

Users who opt for the paid subscriptions would enjoy an ad-free experience on Facebook and Instagram. Simultaneously, Meta would continue to provide free versions of these apps, supported by advertisements, within the European Union. Three sources familiar with the company’s plans confirmed this information to the NYT.

Ad-free plans

The potential introduction of paid ad-free versions aims to address privacy concerns and other regulatory scrutiny Meta has faced in the EU. These concerns center around the company’s reliance on data analysis for its ad-based services.

Meta Platforms has not yet responded to a request for comment.

The social media giant has recently faced challenges from EU antitrust regulators. In July, it lost a legal battle against a 2019 German order that prohibited the collection of user data without consent.

The exact pricing details for the ad-free subscriptions remain unclear, as reported by the NYT.

Money

Why “stagflation” will be the greatest financial threat of 2024

Published

8 hours ago

May 6, 2024

Nathan Langridge

With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

News

Will Tesla’s supercharger layoffs eventually payoff?

Published

8 hours ago

May 6, 2024

Nathan Langridge

Tesla CEO Elon Musk dissolves supercharging team, leaving customers stranded.

Elon Musk’s decision to disband Tesla’s electric vehicle charging team has left customers concerned about the future of the company’s charging infrastructure.

The move comes as a surprise to many, considering Tesla’s commitment to expanding its charging network to support its growing fleet of EVs #featured

News

TikTok’s fate in the United States

Published

3 days ago

May 4, 2024

ticker NEWS

TikTok’s fate in the United States has never been more in doubt.

Congress approved a bill, which President Joe Biden signed into law that gives its Chinese parent company two options: sell it to an approved buyer or see it banned.

But now, the owners of the popular social media app says they’re preparing to challenge the statute in court.

Andy Keiser a Senior Fellow at the National Security Institute, and a Former Senior Advisor for the House Intelligence Committee joins Veronica Dudo to discuss. #IN AMERICA TODAY #featured #business #socialmedia #TikTok #TikTokban #nationalsecurity