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.
The Abu Dhabi Registration Authority (ADRA) says more than 7,800 businesses have benefited from an initiative waiving fines for late renewal of economic licences.
British luxury carmaker Jaguar Land Rover said on Monday it would cut around 4,000 jobs globally over the next two years as part of a broader plan to reduce costs and improve competitiveness.
Salik has renewed its tolling technology contract for Dubai's road toll system with US company TransCore for another five years, extending a partnership that dates back to 2006.
Volkswagen's supervisory board has approved a transformation plan on Thursday that will include cutting another 50,000 jobs in its attempt to counter painful tariffs, overcapacity, and aggressive Chinese rivals.
The UAE Ministry of Economy and Tourism has outlined new regulations aimed at strengthening the fight against commercial fraud, protecting consumers and improving market oversight.
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