Meta Offers to Almost Halve Monthly Subscription Fee for Ad-Free Facebook, Instagram in EU
Meta Platforms has offered to almost halve its monthly subscription fee for Facebook and Instagram to EUR 5.99 (roughly Rs. 540) from EUR 9.99 (roughly Rs. 900), a senior Meta executive said on Tuesday, a move that aims to address concerns from privacy and antitrust regulators.The price cut follows mounting criticism from privacy activists and consumer groups about Meta's no-ads subscription service in Europe, which critics say requires users to pay a fee to ensure their privacy.Meta launched the service in November to…