Germany sees meat exports to EU continuing after foot-and-mouth case
Parliament speaker to lead Taiwan delegation to Trump's inauguration
German economy contracted 0.2% in 2024
Middle East latest: Palestinian prime minister says Palestinian Authority should run Gaza in future
Nokia signs multi-year patent license agreement with Samsung
Irish parties secure 'comfortable majority' for new government
Bayern Munich signs US youngster Bajung Darboe from LAFC
Novak Djokovic breaks a tie with Roger Federer for the most Grand Slam matches in tennis history
China's RedNote: what you need to know about the app TikTok users are flocking to
(Reuters) - Meta Platforms said on Monday it will offer users in Europe a subscription plan to use Facebook and Instagram without advertisements to comply with the European Union regulations.
The monthly subscription plans will cost 9.99 euros ($10.58) for web users, while iOS and Android users will have to shell out 12.99 euros a month.
The EU regulations threaten to curb Meta's ability to personalize ads for users without their consent and hurt its major revenue source.
Offering a choice between a free, ad-supported plan and an ad-free paid subscription might lead to users opting for the former, helping Meta comply with the regulations without affecting its ad business.
Meta was fined 390 million euros earlier this year by Ireland's Data Privacy Commissioner, and was told it cannot use the so-called "contract" as a legal basis to send users ads based on their online activity.
($1 = 0.9446 euros)
(Reporting by Akash Sriram in Bengaluru; Editing by Shinjini Ganguli)
