Tiktok also launched LIVE creator subscriptions last May, where creators may generate their recurring revenue from their fans' payments. Twitter announced the launch of Super Follows last year, where followers will be charged for additional and exclusive content. The department that took care of the metaverse also lost $2.8 billion in the same quarter.ĭespite all of this, daily users from Facebook continue to grow by 3% to 1.97 billion, a total of 2.88 billion users combined for Facebook, Messenger, Instagram, and WhatsApp, which increased 4 percent from last year.Īlso Read: Meta's First Facebook Revenue Decreases! Predictions Show Profit Declines as Well Different Platforms with Paid FeaturesĪpplications offering subscriptions and other features being paid by their users have been starting to increase for the past couple of years. Meanwhile, the whole company lost 36%, costing $6.7 billion. 8 min read Monday’s outage of Facebook, Facebook Messenger, Instagram and WhatsApp, one of the longest in Facebook’s history, marooned billions of users who rely on the.The new Monetization Experiences division and the decision to add more paid features to the said platforms might be Meta's move after experiencing a drop in revenue of over $28.8 billion in Facebook alone during its second quarter, as predictions from analysts stated that the third quarter could have a much worse result. On October 4, 2021, at 15:39 UTC, the social network Facebook and its subsidiaries, Messenger, Instagram, WhatsApp, Mapillary, and Oculus, became globally unavailable for a period of six to seven hours. In a Facebook post last June, Chief Executive Officer Mark Zuckerberg said that 2024 will be the year when the company will focus on adding more ways for different creators from the platforms to earn money. Traffic volume for Facebook services during Octoglobal outage. As per Hegeman, these features helped the company's business as they can make a difference from what the company is experiencing now. These platforms already have several paid features such as Stars, paid events, subscriptions, and more, but only now that the company decided to prioritize them by adding more options and features. Facebook Facebook plans to make it possible for WhatsApp, Messenger and Instagram users to send messages to one another without switching apps. However, the VP did not reveal or comment on the company's decision to add paid features to the three applications.

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