Meta has announced it’s launching its own version of Twitter’s Blue Tick called ‘Meta Verified’ for Facebook and Instagram where users pay a monthly subscription to be verified on the platforms.

Facebook, Instagram, and other social media sites may soon face lawsuits alleging that the way their algorithms work may be a factor in causing mental illness in some users. 

Is Meta cutting a drastic 13% of its workforce further evidence of industry-wide reactions to a slowdown in online ad-spend as a whole?