Meta Platform announced that it is testing a monthly subscription service, called Meta Verified, which will let users verify their accounts using a government ID and get a blue badge, as it looks to help content creators grow and build communities.
The subscription bundle for Instagram and Facebook, to be launched later this week, also includes extra protection against impersonation and will be priced starting at $11.99 per month on the web or $14.99 a month on Apple's iOS system and Android.
Meta Verified will be rolled out in Australia and New Zealand this week, with gradual launches in other countries to follow.
Meta's foray into subscription services follows Twitter, which announced last month that Twitter Blue will be priced at $11 per month.
The social media giant's CEO Mark Zuckerberg has earlier said it was planning to launch several new products that would "empower creators to be way more productive and creative," while cautioning about the cost associated with supporting the technology for a large user base.
Other social media apps, like Snapchat and messaging app Telegram launched paid subscription services last year, as a new source of revenue.
Nakheel, a member of Dubai Holding Real Estate, has begun handing over 892 homes at Jebel Ali Village, which is expected to be home to approximately 5,500 residents.
The Indian state of Maharashtra has suspended the licences of four Domino's outlets after reporting grease residue in pizza-making machines and insect infestations, the latest move in an intensifying crackdown by food regulators.
XRG, ADNOC’s international energy investment company, has announced its entry into Venezuela through the award of the offshore Loran licence, and the transfer of interest in the licence by PDVSA Gas.
Venture capitalist Joshua Kushner and former Disney CEO Bob Iger are set to purchase the Los Angeles Lakers, with the deal valued at a record $12.5 billion, according to sources familiar with the matter on Wednesday.
The chairman of India's largest conglomerate Tata Sons will not seek reappointment, he said, citing the board's lack of backing after tensions with the charitable arm that controls the group.
The UAE has strongly condemned the Iranian attacks targeting the private office of Iraqi Kurdish Prime Minister Masrour Barzani and the home of its security intelligence chief in Iraq's Kurdistan region.
Dubai’s Roads and Transport Authority (RTA) has completed major upgrades on Al Marabea’ Street in Al Quoz, improving traffic flow and easing congestion.
Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, has discussed the latest regional developments in a phone call with Kuwaiti Foreign Minister Sheikh Jarrah Jaber Al-Ahmad Al-Sabah.