Meta has announced that it will offer a monthly subscription for users who wish to use Facebook and Instagram without ads in order to comply with new regulations in the European Union (EU), European Economic Area (EEA), and Switzerland. Users can continue to use these services for free with the existing ad-supported model.
The U.S. Securities and Exchange Commission (SEC) has filed charges against SafeMoon LLC, its creator Kyle Nagy, SafeMoon US LLC, and the companies’ CEO, John Karony, and CTO, Thomas Smith. They are accused of engaging in a fraudulent scheme through the unregistered sale of the crypto asset security, SafeMoon.
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