Twitter is Reportedly 🕵️‍♂️ Working on Mixed-Media Feature

This is a daily newsletter that covers trending business, tech and finance stories. If you enjoyed the newsletter, please share it with a friend who’d find it useful.

Share Scott D. Clary’s Newsletter

Or… invite friends to the newsletter through our referral program for Amazon gift cards.

Get a Referral Link

– Scott


Twitter is Reportedly 🕵️‍♂️ Working on Mixed-Media Feature

(Image Source)

Twitter is reportedly working on a handful of new features, including mixed-media tweets and other features to make the platform more user-friendly.

The mixed-media feature for Twitter Android was noticed by developer Dylan Roussel who shared it on Twitter.

With this new feature, you can attach up to four pictures or one video in the same tweet, but not both a still image and video.

“The @Twitter Android app also started adding support for mixing medias in tweets (videos and photos in the same tweet),” developer Dylan Roussel said in a Twitter post.

Besides this, the micro-blogging platform is working on an option to give ‘awards’ to tweets.

This feature appears as a gift icon below the tweet, right next to the retweet, like, and share buttons. Another feature spotted is a field for users to list their pronouns.

All these new features are currently in testing, and there is no information about when Twitter might roll this out publicly.

Microsoft Joins Hands 🤝 With Volkswagen to Bring HoloLens to Cars

(Image Source)

Tech giant Microsoft and automaker Volkswagen (VW) are envisioning a future to bring augmented reality (AR) to the VW cars to enable drivers to get holographic displays of traffic information, shopping recommendations, weather conditions, and other information along the way.

As VW sees AR as one of the key components of future mobility, the company has partnered with Microsoft to enable the tech giant’s HoloLens 2 headset to work in a moving vehicle for the first time.

When VW tried to incorporate the original HoloLens feature into its vehicles in 2015, the sensors lost tracking, and the holograms normally displayed disappeared.

The automaker then approached Microsoft about the issue and the two companies began collaborating to find a solution in 2018.

This project required developing an algorithm that models the discrepancies between HoloLens sensors to allow HoloLens to continue tracking when used in a vehicle without the holograms disappearing.

“We think mixed reality information is the most intuitive information we could provide to enhance our customers’ user experience,” said Dr. Andro Kleen, head of the data science team at Volkswagen Group Innovation.

BitMEX Founders Asked to Pay $30 Million Civil Penalty by Court ⚖

(Image Source)

The U.S. District Court for the Southern District of New York has ordered the three co-founders of the BitMEX crypto derivatives exchange to pay a hefty fine of $30 million for their alleged involvement in serious violations of regulations and the Commodity Exchange Act.

In October 2020, the CFTC filed a lawsuit against the platform and its three co-founders for violating aspects of the Commodity Exchange Act and CFTC regulations from November 2014 to October 2020.

The CFTC said that the platform unlawfully accepted orders and funds from U.S. customers to trade in cryptocurrencies.

Unlawful acts also included the operation of a facility to trade or process swaps without having CFTC approval to operate as a Designated Contract Market or a Swap Execution Facility, and the platform also failed to implement a Customer Information Program and or an adequate Anti-Money Laundering program, the CFTC added.

BitMEX co-founders Benjamin Delo and Samuel Reed, including co-founder and former CEO Arthur Hayes were each fined $10 million in consent payments at the end of a court battle.

Digital Bank Neo Financial Raises $145 Million in Series C 💰

(Image Source)

Neo Financial, a Canada-based next-generation financial technology company, has raised $145 million in its Series C funding round at over a $1 billion valuation.

The funding was led by Valar Ventures along with participation from new and existing investors, including Tribe Capital, Altos Ventures, Blank Ventures, Gaingels, Maple VC, and Knollwood Investment Advisory.

Founded in 2019 by Andrew Chau, Jeff Adamson, and Kris Read, Neo Financial is a technology company simplifying finances through reimagined spending, savings, investing, and rewards.

Through partnerships with leading financial institutions, the startup provides members with a safe and secure way to spend and save.

Since its inception, the fintech has grown to over 1 million customers and reached a ‘unicorn’ valuation in less than 3 years.

The company’s growth has been fueled by its product line that has expanded beyond credit and rewards into everyday spending and savings, as well as Canada’s first fully digital and actively managed investment experience.

Neo plans to use the fresh capital to increase its headcount and continue building new products and features.

Around the Web 🌐

Shopify Acquires Deliverr in $2.1 Billion Deal: Canadian e-commerce company Shopify has announced the acquisition of Deliverr Inc., a fulfillment technology provider, as part of a $2.1 billion deal. With this acquisition, Shopify aims to create an end-to-end logistics platform to streamline its logistics to scale advantages for its merchants.


Podcast

If you like the content in this newsletter, there’s a pretty good chance you’ll like my podcast, “Success Story”, where I unpack the playbooks of entrepreneurs, executives and other high performing individuals.

Check Out The Podcast

Latest Episode 👇


If you enjoyed the newsletter, please share it with a friend who’d find it useful.

-Scott

New podcasts & articles to your inbox.

No Spam. Promise.

Pin It on Pinterest

Skip to content