Meta to Charge Europeans to Opt Out of Targeted Ads
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Meta will offer a paid subscription in Europe to opt out of targeted ads, costing €9.99-€12.99 per month. This is Meta's response to European privacy regulations against behavioral ads.
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Norway fined Meta over $7 million for not complying with its ban on targeted ads. The ban will now extend across the EU.
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Critics argue Meta's paid option does not equate to users freely consenting to their data being used. It's "extortion" to charge for privacy rights.
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Some experts counter that paid options help lower-income people by offering a discount for their data.
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It's unclear if Meta will still use paid subscribers' data for other purposes like product improvement. Europe wants a solution to Meta's targeted ad practices.
