SpaceX Mobile Network Could Cost Up to $130 Billion, Bernstein Says 
Meta Agrees to $18 Billion Settlement, Tightens Teen Social Media Rules 
Google Changes EU Spam Policy Amid Antitrust Scrutiny 
Pinterest Stock Falls as CFO Julia Brau Donnelly Resigns 
MongoDB Stock Sinks 14% as Atlas Growth Misses Expectations 
SK Hynix Shares Fall as Workers Reject Wage Deal 
HP Stock Drops 9% Despite Q3 Earnings Beat and Raised 2026 Outlook 
OpenAI Rejects Apple Trade Secret Theft Claims 
Nvidia Revenue Soars 106% as AI Demand Hits ‘Inflection Point’ 
Nvidia Reportedly Eyes $13 Billion Hugging Face Acquisition 
Luxshare Shares Rise as First-Half Profit Jumps 18% 
US Tech Giants’ AI Bond Boom Raises Euro Zone Borrowing Risks 
U.S. Probes Apex Logistics Over Nvidia AI Chip Shipments to China 
BofA Names ASML Top Semiconductor Equipment Pick on Growth, Valuation 
Lenovo Shares Fall After Dropbox Security Breach Exposes ID Vulnerability 
PayPal Shares Sink as $50 Billion Takeover Bid Collapses 
Add as a preferred source on Google
Facebook and Instagram creators will still get the full revenue from various monetization tools on the platform until 2024, Meta CEO Mark Zuckerberg announced on Tuesday. The company will also expand the option to display creators' NFTs to Facebook "soon."
This represents the second adjustment to the timeline when Meta plans to take a revenue share from what Facebook and Instagram creators earn from paid online events, subscriptions, badges, and bulletins. "We're heading towards a future where more people can do creative work they enjoy, and I want platforms like ours to play a role in making that happen," the Meta CEO said on his Facebook page. Meta initially planned to start the revenue share program with creators on both platforms by 2023 before Zuckerberg's announcement this week.
Zuckerberg also discussed plans for existing and new monetization tools on Facebook and Instagram. Meta previously allowed select Instagram creators to display their digital collections, such as NFTs. And the social media empire confirmed it is planning to expand its availability to Facebook soon, but a specific timeline was not provided.
Zuckerberg said NFT displays on Facebook will be initially offered to "a small group of US creators," which would allow them to cross-post their digital collectibles between the two social media platforms. "We'll also test NFTs in Instagram Stories with SparkAR soon," Zuckerberg added.
Meta also confirmed it is currently testing a Creator Marketplace for Instagram. TikTok launched a similar tool back in 2019, where brands easily search for creators and view insights to help them make informed decisions for brand campaigns. Specific details were not mentioned in Zuckerberg's post, but he said Meta's version of Creator Marketplace will also be a place "where creators can get discovered and paid, and where brands can share new partnership opportunities."
The company previously introduced an invite-only Reels Play Bonus program so Instagram creators can also earn money from posting their Instagram Reels. After Meta introduced ways to easily cross-post Reels on Instagram and Facebook, Zuckerberg confirmed the monetization program will also launch on Facebook soon.
Meta is also set to support "interoperable subscriptions." This will allow creators to set up exclusive Facebook Groups for their paying subscribers on other platforms.
Photo by Brett Jordan on Unsplash
