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ALYI Highlights Twitter CEO Jack Dorsey Bitcoin Comments In Conjunction With Upcoming RevoltTOKEN Update

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Dallas, TX, January 14, 2021 – OTC PR WIRE – Alternet Systems, Inc. (OTC PINK: ALYI) today highlighted recent comments regarding Bitcoin made by Jack Dorsey, CEO of Twitter and Square.

Dorsey’s attention to Bitcoin, is timely in light of the RevoltTOKEN milestone update scheduled for release tomorrow from ALYI’s financing partner. RevoltTOKEN has recently achieved a major milestone that will be addressed by RevoltTOKEN CEO Henryk Dabrowski in his update tomorrow to include the latest on RevoltTOKEN’s upcoming ICO plans.

Doresey’s comments pertain not specifically to Bitcoin, but otherwise to the underlying technology behind Bitcoin. The same technology paradigm behind RevoltTOKEN and all cryptocurrencies.

From the BENZINGA article yesterday covering Dorsey’s comments:

Bitcoin As The Answer: As Dorsey noted the need to ensure we don’t “erode a free and open global internet,” he said he was particularly passionate about Bitcoin (BTC) because of the “model it demonstrates.”

“A foundational internet technology that is not controlled or influenced by any single individual or entity. This is what the internet wants to be, and over time, more of it will be,” the Twitter CEO said.

View the entire article at the link below:

Why Jack Dorsey Sees Bitcoin As The Answer To Donald Trump Ban Controversy 

RevoltTOKEN CEO Henryk Dabrowski plans to publish an update tomorrow, Friday, January 15th, 2021 to detail a major milestone and provide the latest update on progress toward the planned ICO to fund the ALYI electric vehicle ecosystem.

For more information and to stay up to date on RevoltTOKEN’s latest developments, please visit www.revolttoken.com.

For more information and to stay up to date on ALYI’s latest developments, please visit www.alternetsystemsinc.com.

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Alternet Systems, Inc. Contact:
Randell Torno
info@lithiumip.com
+1-800-713-0297

Source: https://otcprwire.com/alyi-highlights-twitter-ceo-jack-dorsey-bitcoin-comments-in-conjunction-with-upcoming-revolttoken-update/

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Mercedes-Benz EQS Interior Teaser Lets Designers Explain The Cabin

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JLR Cancels Electric Road Rover, Jaguar J-Pace Likely Dead As Well

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Uber spins out delivery robot startup as Serve Robotics

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Postmates X, the robotics division of the on-demand delivery startup that Uber acquired last year for $2.65 billion, has officially spun out as an independent company called Serve Robotics.

TechCrunch reported in January that a deal was being shopped to investors.

Serve Robotics, a name taken from the autonomous sidewalk delivery bot that was developed and piloted by Postmates X, has raised seed funding in a round led by venture capital firm Neo. Other investors included Uber as well as Lee Jacobs and Cyan Banister’s Long Journey Ventures, Western Technology Investment, Scott Banister, Farhad Mohit and Postmates co-founders Bastian Lehmann and Sean Plaice.

Serve Robotics didn’t share specifics of the funding except to confirm that the round, which will be a Series A, has not been completed yet. Funding a spin out can occur in phases, with the first tranche used for the initial launch and the rest of the round closing once IP has been transferred.

The new company will be run by Ali Kashani, who headed up Postmates X. Other co-founders include Dmitry Demeshchuk, the first engineer who joined the Serve team at Postmates and MJ Chun, who previously led product at Anki, has been heading up product strategy at Serve. The company is launching with 60 employees with headquarters in San Francisco and offices in Los Angeles and Vancouver, Canada.

Serve Robotics Uber Postmates

Image Credits: Serve Robotics

“While self-driving cars remove the driver, robotic delivery eliminates the car itself and makes deliveries sustainable and accessible to all,” said Kashani, co-founder and CEO of Serve Robotics. “Over the next two decades, new mobility robots will enter every aspect of our lives–first moving food, then everything else.”

Postmates’ exploration into sidewalk delivery bots began in earnest in 2017 after the company quietly acquired Kashani’s startup Lox Inc. As head of Postmates X, Kashani set out to answer the question: why move two-pound burritos with two-ton cars? Postmates revealed its first Serve autonomous delivery bot in December 2018. A second generation — with an identical design but different lidar sensors and few other upgrades — emerged in summer 2019 ahead of its planned commercial launch in Los Angeles.

The company’s mission to design, develop, and operate delivery robots specialized in navigating sidewalks will continue, albeit with an eye towards expansion. Serve will continue its delivery operations in Los Angeles. It plans to ramp up research and development in the San Francisco Bay area and expand its market reach through new partnerships.

The spin out is consistent with Uber’s aim to narrow the focus of its business on ride-hailing and delivery in a push towards profitability. This strategy began to take shape after Uber’s public market debut in May 2019 and accelerated last year as the COVID-19 pandemic put pressure on the ride-hailing company. Two years ago, Uber had enterprises across the transportation landscape, from ride-hailing and micromobility to logistics, public transit, food delivery and futuristic bets like autonomous vehicles and air taxis. CEO Dara Khosrowshahi has dismantled the everything-but-the-kitchen-sink approach as he pushes the company toward profitability.

In 2020, Uber offloaded shared scooter and bike unit Jump in a complex deal with Lime, sold a stake worth $500 million in its logistics spinoff Uber Freight and rid itself of its autonomous vehicle unit Uber ATG and its air taxi play Uber Elevate. Aurora acquired Uber ATG in a deal that had a similar structure to the Jump-Lime transaction. Aurora didn’t pay cash for Uber ATG. Instead, Uber handed over its equity in ATG and invested $400 million into Aurora, which gave it a 26% stake in the combined company. In a similarly crafted deal, Uber Elevate was sold to Joby Aviation in December.

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Source: https://techcrunch.com/2021/03/02/uber-spins-out-delivery-robot-startup-as-serve-robotics/

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The 2022 C40 Recharge will be Volvo’s first leather-free EV

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Volvo is going all in on going green, the company announced during an online press event on Tuesday. The car maker pledged to produce nothing but electrics by 2030, go fully carbon neutral by 2040 and to begin selling its vehicles virtually — startin… Checkout PrimeXBT
Source: https://www.engadget.com/the-2022-c-40-recharge-will-be-volvos-first-leather-free-ev-161142216.html

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