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Hi,
1) Unfortunately there is no option for this in the theme. It will have to be hard-coded. The code for the function can be found here: http://screencast.com/t/B8hav46Ql
2) In order to remove more from author you can use 2 methods:
The css method:
.td_block_related_posts .td-related-right {
display:none;
}
or you can edit the theme files: comment out or delete this part: http://screencast.com/t/Okmq7lxTDzGd

I hope this helps.
Thank you!