Facebook and Instagram may offer paid, ad-free plans in Europe to sate EU privacy concerns

Meta may add a paid subscription option to Instagram and Facebook in Europe, according toThe New York Times. The ad-free tier is meant to address European Union (EU) regulations that have diminished some of Meta's most lucrative data-collection methods. The company said in April that advertising in the EU made up 10 percent of the company's total revenue. The move would be the first time Meta has deviated from its standard model of a single free platform supported by advertising (and associated ...