Meta to set up new group for more paid features on Instagram, Facebook


FILE PHOTO: The logo of Meta Platforms is seen in Davos, Switzerland, May 22, 2022. REUTERS/Arnd Wiegmann

(Reuters) - Meta Platforms Inc is setting up a new group that will focus on creating products and features for its Facebook, Instagram and WhatsApp platforms that people will be able to purchase, a company spokesperson said on Wednesday.

"Any new product will be complementary to our existing ads business," the spokesperson told Reuters in an emailed statement.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

The sky's the limit for Bluesky
Two decades of Nintendo's top-selling DS console
ChatGPT's Advanced Voice Mode is coming to web browsers
Elon Musk blasts Australia's planned ban on social media for children
Bitcoin's wild ride toward $100,000
OpenAI considers taking on Google with browser, the Information reports
One tech tip: How to get started with Bluesky
FCC proposes fining Chinese video doorbell manufacturer after security concerns raised
Snap seeks to dismiss New Mexico lawsuit over child safety
Crypto industry jockeys for seats at Trump's promised council

Others Also Read