Group 1: Meta Platforms Subscription Plans - Meta Platforms plans to introduce premium subscription models for its apps, including Instagram, Facebook, and WhatsApp, aimed at enhancing user productivity and creativity through additional features and AI capabilities [4][5] - The new subscription offerings will be distinct from the existing Meta Verified product, which provides content creators and businesses with a verified badge and 24/7 support [5] - Meta intends to gather user feedback during the rollout of these subscription plans in the upcoming months [5] Group 2: Industry Developments - The announcement of Meta's subscription plans comes amid other significant industry news, including President Trump's decision to raise tariffs on South Korean goods from 15% to 25% [6] - Twin Hospitality Group and FAT Brands have filed for Chapter 11 bankruptcy, with both companies expecting their restaurants to continue operating during the bankruptcy process [7][8]
Wall Street Breakfast Podcast: Meta Eyes Subscription Rev