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Twitter Tests New “Soft Block” Feature to Remove Followers
Micro-blogging platform Twitter is testing a new feature that will allow users to remove followers without unfollowing them.
“We’re making it easier to be the curator of your own follower’s list. Now testing on the web: remove a follower without blocking them,” announced Twitter via its official support account.
“To remove a follower, go to your profile and click ‘Followers’ then click the three-dot icon and select ‘Remove this follower,” added Twitter.
Previously, users could remove a follower from their list by soft blocking them. It was a technique that allowed removing users from the followers’ list on Twitter.
While doing this, users could visit a profile that had “soft blocked” them and know that they had been unfollowed. They may even refollow and continue to see the tweets on the user’s timeline.
However, now Twitter has rolled out a new feature as part of its new range of privacy tools, which lets users remove followers without blocking them.
Ultimately, this new feature will make it easier for users to block someone without their knowledge with only a few steps.
Motor Insurer Marshmallow Raises $85 Million
U.K.-based digital motor insurer Marshmallow has raised $85 million from investors, valuing it at more than $1.25 billion and making it the first British Black-founded unicorn.
The Series B funding round was backed by venture capital firm Passion Capital, Investec Bank, and reinsurer SCOR.
Marshmallow was found in the year 2017 by identical twins Oliver and Alexander Kent-Braham, and is the first Black-owned company in the UK to achieve the prestigious status of “unicorn.”
The tech-focused insurer, which is authorized by the U.K.’s Financial Conduct Authority, hypes its use of machine learning technology to customize policies for customers as a key benefit over other companies in the industry.
In recent years, the insurance technology or insurtech market has seen a surge of investment after the Covid-19 pandemic increased a shift in consumer purchase behavior towards online products and services.
Marshmallow will use the new funding to expand into overseas markets and other types of insurance products beyond the motor segment.
Ford Motor Hires Top Executive With Experience at Apple, Tesla
Ford has hired a former executive from Apple and Tesla to be the motor company’s head of advanced technology and embedded systems, as the automobile giant takes an important step towards adopting vehicles powered by electricity and guided by computers.
Doug Field, who led the development of Tesla’s Model 3, had previously worked as vice president of unique projects at Apple, which reportedly also included automobile projects.
The hiring of Field is a great addition for Ford and a big setback to Apple and its secret car project, which the tech giant has yet to confirm about its existence.
At Ford, Field will serve as the chief advanced technology and embedded systems officer. He will be in charge of vehicle controls, features, enterprise connectivity, integration and validation, driver assistance technology, architecture platform, and digital engineering tools.
Doug has decided to join Ford with an understanding that there’s a profound desire to remake the automotive industry, specifically with connected vehicles.
India Must Accept Cryptocurrency Says Former Reserve Bank Official
Rama Subramaniam Gandhi, the former Deputy Governor of the Reserve Bank of India (RBI), has said that India should accept digital assets for transactions.
While speaking at the inaugural HODL ’21 virtual conference organized by the Blockchain and Crypto Assets Council (BACC) of the Internet and Mobile Association of India (IAMAI) on September 7, Gandhi said that cryptocurrency can be used for payments for economic activities.
Once cryptocurrencies are accepted, rules governing commodity exchanges could apply, and the coins could be used to pay for goods and services, added Gandhi. Moreover, he said that people will automatically start buying, selling, and holding.
Gandhi’s comments come as the Indian government, which primarily had proposed a ban on such trades, is in the process of finalizing regulations for digital assets.
While the RBI has constantly voiced its concerns to the government over cryptocurrencies, the trading of digital assets has seen a surge in recent years.
Around the Web
🛍️ Rainforest Raises $20M Pre-Series A Funding: Singapore-based e-commerce brand aggregator startup Rainforest closed a $20 million pre-Series A round on September 8. The funding round was led by Monk’s Hill Ventures and included participation from other investors like January Capital, Amasia, Lo & Behold Group, Crossbeam Venture Partners, Nordstar, and Insignia.
📉 Afterpay Tells A Senate Inquiry That Crypto Could Lower Merchant Payment Costs: Australian buy now pay later (BNPL) company Afterpay told the Australian Senate that merchants could reduce payment costs by using cryptocurrencies and that the government should work to create a framework for an AUD-backed stablecoin.
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