While the launch date and pricing details are unknown, insiders suggest that the introduction of this ad-free option may alleviate some of the concerns of European regulators, even if it attracts a limited number of users.
The move is indicative of the growing impact of EU regulations on tech companies as Meta* and others comply with rules like GDPR.
The company has faced significant fines before (2 billion euros for transferring user data in May, 265 million euros in 2022 for data collection).
*Meta is recognized as extremist and banned in the Russian Federation
Source: Ferra
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