TikTok is Testing a New Dislike Button 👎 for Comments
Scott D. Clary | Daily Business, Tech & Finance Newsletter
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TikTok is Testing a new Dislike Button 👎 for Comments
Short-video app TikTok is testing a dislike button for comments that will allow users to report irrelevant or inappropriate comments without the dislike being visible to others.
In a blog post, TikTok said, “We’ve started testing a way to let individuals identify comments they believe to be irrelevant or inappropriate.”
It added saying, “To avoid creating ill-feeling between community members or demoralize creators, only the person who registered a dislike on a comment will be able to see that they have done so.”
The company says that it sees this button as a way for users to flag comments that may be spam or that don’t make sense in the context of the video they are posted under.
TikTok noted that the dislike button should not be looked at as a way to report comments, and users should use the standard process for reporting comments for hate speech, harassment, etc.
Besides this dislike button feature, TikTok is also experimenting with sending reminders about features like comment filtering, bulk blocking, and deleting to creators who get a high volume of negative comments.
Amazon Hits Third Party Sellers With 5% Fuel And Inflation Surcharge 🔺️
Amazon is taking a step towards offsetting rising costs by adding a 5% fuel and inflation surcharge to fees it charges from U.S. third-party sellers who use the company’s fulfillment services.
In a memo to sellers, the e-commerce giant said that the new fee rates, which take effect April 28, are “subject to change” and will apply directly to sellers, not Amazon shoppers.
“In 2022, we expected a return to normalcy as COVID-19 restrictions around the world eased, but fuel and inflation have presented further challenges,” the memo said.
“The surcharge will apply to all product types, such as non-apparel, apparel, dangerous goods, and Small and Light items. The surcharge will apply to all units shipped from fulfillment centers starting April 28,” the notice stated.
With inflation rising, Amazon is trying to offset some of its own costs by passing fees along to sellers. Amazon said that it has absorbed costs whenever possible, and has only increased fees to address permanent costs and to be competitive with other providers.
Metamask Integrates New Crypto Custodians to Expand Institutional Offering
MetaMask Institutional (MMI), the institutional version of the Ethereum wallet MetaMask, has strategically partnered with four crypto custodians- Gnosis Safe, Hex Trust, GK8, and Parfin that will help provide decentralized autonomous organizations (DAOs) with key management tools to participate in decentralized finance (DeFi) activities.
With the latest institutional integration, MetaMask is now adapting to the requirements of DAOs and also looking for crucial management solutions to engage in DeFi activities.
In 2021, MetaMask partnered with BitGo, Qredo, and Cactus Custody to bring DeFi to major companies in the US, EMEA, and APAC regions.
MetaMask Institutional says that the latest integrations will complement earlier partnerships from both a solution and geographic outlook.
MMI also noted that it will continue to address varied requirements of organizations and DAOs to bridge every organization in the world into Web3.
Overall, the company aims to partner with multiple custodians to help its clients choose from a wide range of solutions that meet all variations of institutional-grade custody requirements.
Shared Micromobility Company Luup Raises $8 Million 💰
Luup, a Japanese-based electric micromobility sharing platform, has raised $8 million through debt and asset financing to meet the growing demands of Japan’s micromobility market.
The fundraising involved loans from Mitsubishi UFJ Bank, Japan Policy Finance Corporation, and Commerce & Industry Association Central Bank.
In addition, the deal included sale-leaseback transactions with Sumitomo Mitsui Finance & Leasing and Mitsubishi HC Capital.
Founded in 2018, Luup is Japan’s leading e-scooter and e-bike sharing service provider. Its revolutionary services include not only typical two-wheeled e-scooters but also several different types of micro mobilities such as four-wheel e-scooters and senior cars to meet the needs of everyone.
The startup’s service is based on a high-density port network, where you can rent and return their original fleets. It is currently operating in Tokyo, Kyoto, Osaka, and Yokohama.
Luup is planning to use the fresh funds to expand its operations to other cities in the country, targeting both large and small touristic cities to meet increasing demand as well as improve safety.
Around the Web 🌐
Cronos Partners with Chainalysis For Monitoring Transaction Solutions: Cronos, the Ethereum-compatible blockchain network backed by Crypto.com, has partnered with the blockchain intelligence firm Chainalysis to enable real-time transaction monitoring tools for the Cronos (CRO) token and all CRC-20 tokens running on the Cronos network. The new integration aims to enable institutions, cryptocurrency exchanges, and digital asset funds to track transactions of CRC-20 tokens.
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