Technically Facebook is still called Facebook, it’s the parent company (IE who owns everything and who is listed on the stock market) that’s now named Meta. However it’s a similar situation to Google and the parent company Alphabet, No one calls google or google connected products Alphabet products because it’s not meant to be what you refer to it as.
So I’ve had YouTube premium for years now, going all the way back to when it was still called YouTube red so I’ve been on the legacy $10/month plan and because I got to keep my old pricing it’s stopped me from canceling at any point when I was rebudgeting and it even stopped me from getting the cheaper $8/month student plan as I didn’t want to lose my legacy pricing once I was done with college but considering they’re hitting all subscribers and not just new subscribers I’m going to jump to that student plan to pay less each month instead.
It just doesn’t quite make sense why they’re increasing prices besides greed(or they know they can with the roll out of ad blocker blockers). If it was still during the YouTube red era they could have at least used the argument that they were re-investing in originals but they stopped creating YouTube originals. The only real new thing to YouTube premium since the rebrand from YouTube red is PIP and you can join the beta program.
YouTube premium is their way of hedging bets against advertiser revolts they don’t want a controversy like Elsagate or Logan Paul’s forest adventures to cause their profits to tank.
Threads automatically adds all your instagram follows so for creators they don’t have to try and rebuild their audience on a new platform where as for users they don’t have to find all their friends/family/and creators on a new platform, its just there. There is also the ease of signup, if you have an instagram account you just log in, if you don’t it’s really simple. For Mastodon there’s different servers to pick and then you have to find your favorite creators again and it’s another login to remember.
TLDR people are lazy so go with the option that is easiest for them
They likely coded it all in quickly in a messy fashion that they didn’t think about ways to disable any of the tracking in the EU and that’s why is not available there at launch. While Meta has plenty of software engineers to get jobs like this done the speed they supposedly went to get it done(Being start in January launch in July) likely means things got rushed as it supposedly wasn’t planned to launch till later this year but with twitter imploding Meta wants to get as much of the existing marketshare moved over quickly with instagram being the perfect way to make moving seem easy.
there is a few exceptions for this rule like self employed and individual contractors and sometimes if you work for a very small business however they are exceptions, for almost everyone else it should just be a bill that can be contested if there is issues.