Facebook and Instagram to launch ad-free subscription plans

Meta parent company to Facebook and Instagram said it will introduce ad-free paid subscriptions plans for users of both social media platforms across markets in the EU, EEA and Switzerland by November.   The plans were first reported by the Wall Street Journal, to meet European regulations who have been seeking to curb the use […]

SFR bundles Meta Quest 3 VR headset with fixed-line box

Altice France-owned operator SFR is to bundle its gateway box with the Meta Quest 3 virtual reality headset as a fixed-line subscription offering as part of its ongoing ‘Box + High Tech’ strategy of bundling boxes with consumer electronics hardware. SFR has timed the offer to coincide with the launch of Meta’s new VR headset […]

Meta reportedly mulling ad-free Facebook and Instagram subscriptions for EU

Following the accelerating trend to charge users for ad-free versions of digital services, Meta is reportedly preparing to charge users in the European Union a US$14 a month fee if they do not agree to allow the tech giant to use their data to deliver targeted advertising. In plans first reported by the Wall Street […]

Threads loses more than half of users since launch

Mark Zuckerberg has revealed Threads, the rival app to Elon Musk’s X the rebrand of Twitter, has lost more than half of its users following its launch this month. According to Reuters, in a call to employees last week the Meta boss said the text version app of Instagram has struggled to retain its users […]

MFE and Meta join forces to fight piracy

MediaForEurope’s Italian broadcaster arm Reti Televisive Italiane (RTI) has forged an antipiracy partnership with Meta to fight online piracy. RTI/Mediaset and Facebook-owner Meta will collaborate on implementing tools to protect RTI’s copyrighted content, including live broadcasts. Meta will also provide RTI/Mediaset staff with dedicated training and support to use tools suh as Meta’s Rights Manager […]

EC faces criticism over ‘who pays for broadband’ consultation

The European Commission has drawn a storm of criticism over its launch of a consultation on potentially making content companies and big tech players contribute to the upgrade of the continent’s telecom networks. Telecom companies have long lobbied for big tech companies such as Facebook and Netflix to pay a ‘fair share’ of upgrade costs […]

Meta’s Levine departs, Mendelsohn and Osofsky given expanded roles

Meta chief business officer Marne Levine is leaving after 13 years at the company. Going forward, Nicola Mendelsohn and Justin Osofsky are taking on expanded roles as Meta’s most senior sales and partnership leaders, reporting to COO Javier Olivan. Meta says the new structure “brings our business and product teams closer together and helps them operate […]

NBA basketball and Meta create new VR experience on Horizon Worlds

Basketball’s NBA and Meta have announced a multiyear partnership that will feature a new virtual reality experience for fans through Meta Horizon Worlds via Meta Quest, the official VR headset of the NBA and WNBA. The NBA Arena in Horizon Worlds will feature live NBA League Pass games in virtual reality throughout the season. The […]

Big Tech Q3 results rattle markets and raise fears for wider TMT sector

After a week of generally lacklustre results from TMT firms, Q3, 2022 reports from Alphabet, Meta and Microsoft confirmed that the global economy is on a rocky road. Microsoft reported revenues of $50.1bn for the quarter. Although this was up 11% year on year, the financial markets reacted badly because it is Microsoft’s slowest level […]

Meta to ‘co-create experiences’ with NBCU’s Dreamworks, Blumhouse & more

A year ago, Meta CEO Mark Zuckerberg used his annual Connect event to rename Facebook as Meta and go all-in on the metaverse. Since then, the wider entertainment industry has spent many hours debating what the metaverse really is, when it will arrive and what it all means for gamers and content creators. Roll forward […]