In 2018, the Instagram app rolled out a feature called Close Friends, which allows users to grant special viewing permissions to a subset of their followers. In Instagram, users could choose whether they wanted to post a Story for everyone or for a group of Close Friends.
Now Alessandro Paluzzi reported Instagram Close Friends to be enhanced and called Selected followers. He further stated For each story you share, you can choose a different audience.
It means you can create multiple selected follower list and choose to share with them different stories. It will be enhancement to Instagram’s Close Friends feature where you were bound by one “Close Friends”.
So you can have seperate list of selected follower for offices colleagues, friends, close friends etc and share content accordingly. He didn’t provided the details when this feature will be rolling out.