Tag: Instagram

‘Over $220m Fine,’ Meta Threatens To Shut Down Facebook, Instagram In Nigeria

ADEOLA YUSUF

Meta Platforms Inc., the parent company of Facebook and Instagram, has warned that it may be forced to shut down the two social media platforms in Nigeria, following hefty regulatory fines and what it described as “unrealistic” demands from the authorities. The tech giant issued the warning in a court filing seen by the BBC. On July 19, 2024, the Federal Competition and Consumer Protection Commission (FCCPC) imposed a fine of $220 million on Meta, also the parent company of WhatsApp, for multiple data privacy violations. The case reportedly stemmed…

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Meta To Roll Out Paid Subscription On Facebook, Instagram

ADEOLA YUSUF

Meta is testing a new subscription service – Meta Verified – that would let Facebook and Instagram users pay to have a verified account. Testing will begin in New Zealand and Australia this week and will roll out to other countries soon, according to Meta CEO Mark Zuckerberg. READ ALSO: WHO Warns As Marburg, Mpox Spread Across Africa JUST IN: Again, Protest Rocks Ogun Over Naira Scarcity, Banks Burnt Alleged N3bn Fraud: Court Grants Ali Bello, 3 Others N500m Bail Oba Tejuoso Clocks 85, Buhari Pens Tributes For Egba Top…

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