SoftBank Shares Slide as OpenAI IPO Delay Concerns Weigh on AI Investment Outlook 
Baige Online Shares Soar 333% in Hong Kong IPO Debut as AI Insurance Demand Lifts Chinese Listings 
UBS Raises TSMC Price Target to T$3,400 on Strong AI Chip Demand Outlook 
Kioxia Targets U.S. Listing as AI Chip Boom Accelerates 
Australia Sues Amazon Over Prime Video Ads and Subscription Terms 
SpaceX, Charter Communications Explore Mobile Partnership to Expand Starlink Wireless Service 
Morgan Stanley Raises Tesla Q2 Delivery Forecast on Strong Europe and China Demand 
OpenAI IPO Delay Weighs on SoftBank Shares as AI Valuation Concerns Grow 
US Seizes Nearly 400 Illegal World Cup Streaming Domains in Global Anti-Piracy Crackdown 
Samsung and SK Hynix Shares Jump After Micron Earnings Boost AI Chip Optimism 
Republican Lawmaker Introduces AI Incident Reporting Bill to Strengthen U.S. AI Safety 
Alibaba Shares Fall After Anthropic Alleges Massive AI Model Distillation Campaign 
OpenAI May Delay IPO to 2027 Amid $1 Trillion Valuation Goal 
SpaceX Eyes Starlink Mobile Phone Service to Challenge Verizon, AT&T, and T-Mobile 
Micron Stock Surges on Strong AI Demand, Record Revenue, and Bullish Q4 Forecast 
Australia Plans Higher Fines for Social Media Firms Failing to Block Underage Users 
Lenovo Shares Slide as AI-Driven Memory Demand Signals Higher DRAM and NAND Prices 
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
