News

You Can Now Delete Threads And Keep Your Instagram Account

Instagram’s head, Adam Mosseri, announced the update, which allows users to delete a Threads profile without affecting their Instagram account.

Published

9 months ago

November 14, 2023

Nour Nasir

you can now delete threads and keep your instagram account

Meta’s micro-blogging platform Threads, a rival to Elon Musk’s X, went live in July and has already gained popularity. However, users have complained about several missing features, not least of which is that the site only lets you remove your profile by completely deleting your main Instagram account.

Now, Instagram head Adam Mosseri has announced a much-requested update that rectifies the issue, allowing users to delete their Threads profiles without interfering with their Instagram accounts. The update can be accessed by going to Settings > Account > Delete or Deactivate Profile. There, users can select delete to completely remove their Threads account.

Threads is also rolling out another update that gives users more control over who can view their posts across Meta’s other social platforms. Currently, posts on Threads also appear on Instagram and Facebook, but you’ll soon be able to opt out by accessing the Privacy section in the Settings menu.

Also Read: Top E-Commerce Websites In The Middle East In 2023

Threads has recently been criticized for excessive data collection — a concern shared by users of Meta’s other apps. Despite a record-breaking July 2023 launch that made it the fastest app to reach 100 million downloads, the platform has also struggled with user retention.

Meta CEO Mark Zuckerberg explained to employees that the company was focused on improving user retention. “Obviously, if you have more than 100 million people sign up, it would be awesome if all of them or even half of them stuck around. We’re not there yet, ” he said.

News

Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

Published

1 day ago

July 25, 2024

Nour Nasir

Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.