Revel, the electric mobility startup, is waving goodbye to their shared moped service in NYC and San Francisco. It’s like losing a sprinkling of buzzing fireflies on wheels. CEO Frank Reig broke the news in a company-wide email, prompting Revel to focus on something new…whatever that may be. While mopeds may not compete with flying cars and teleporters, they were fun while they lasted. Let’s pour out some two-stroke oil for our departed two-wheeled pals as they zoom off into the sunset.
Author: Lee
As a veteran of the IT landscape with over 25 years under my belt, I've witnessed the transformation of technology firsthand. From my early days as a developer to shaping the vision of 'Smart Box Technology Limited' as its CEO, I've traversed the intricate corridors of CRM, IoT, Insurance, and Logistics. Now, at the helm of The Neural Net, I'm combining my passion for AI, VR, gaming, and tech trends to deliver incisive news and invaluable how-tos for budding developers and seasoned pros alike. Having donned multiple hats — from an enterprise architect to a tech visionary — I recognize the intricacies and challenges that tech enthusiasts face. Beyond news, NeuralNetNews is an ode to innovation, offering developer tips, tricks, and a front-row seat to the ever-evolving tech spectacle. Dive in, stay informed, and let's shape the AI-driven future together.Prepare yourselves for some marvelous news, all ye who live in ardent adoration of money, humanity, and the likelihood of unicorns darting through Wall Street. A certain financial behemoth is venturing into the promising land of equality and trust! How did this metamorphosis occur, you might ask? Well, it appears that our hitherto reticent bank has been tirelessly laboring like a gnome in a gold mine, endeavoring to foster trust and camaraderie among Black founders. Now, we’re not saying that our mystery bank is the prodigal son, returning home after squandering its wealth. But it certainly seems like they’re trying to make amends for past bummers. The cynics among us might say that this is just another classic case of playing the PR flute. But hey, let’s just bask in this moment of diversity and inclusion like we would a warm, golden afternoon. After all, who thought we’d ever see the day when banks are actually trying to be our friends? Although let’s remind ourselves, don’t drop your wallets yet folks, these newfound friendships don’t come with a no-fee guarantee! Now, wouldn’t that be a real unicorn sighting on Wall Street!
Hungry for a social media revolution? Mozilla thinks it’s time to ditch the stale fare of Big Tech and feast on the fresh salad of decentralized social networking. With their tech prowess and commitment to data privacy, Mozilla is ready to cook up something exciting in the “fediverse” – a potluck of independently operated social network platforms. So, why settle for the same old menu when you can join Mozilla at the buffet of online variety? It’s time to dine on a tastier internet feast. Bon app-étit!
Forget filters and selfies, Snapchat is now bringing us the stark reality of the Gaza crisis. From pubescent drama to frontline reportage, it seems our social media apps are getting a crash course in pivoting. So, what’s next? Instagram becoming the new Weather Channel? Stay tuned.
Apple’s CEO Tim Cook shuts down rumors about Apple’s AI capabilities with a mic-drop moment during a recent earnings call. Cook claims that Apple is ahead in AI, even if not easily noticeable. This statement leaves tech enthusiasts wondering what secret ingredients Apple is cooking up in the shadows, and reminds everyone not to underestimate the AI ninjas at Apple.
Think twice before letting the “venture capital vampires” sink their teeth into your AI startup. In a world where control and innovation matter, don’t let dollar bills cloud your vision. Be bold, keep your cool, and tell those VCs to back off. Your groundbreaking “AIdea” deserves better than old-fashioned investment methods.
Facebook and Amazon just got a reality check as the UK’s Competition and Markets Authority told them to put some restrictions on their data-hoarding ways. It seems even the giants aren’t immune to a little humility. But don’t worry, they’ll still find plenty of other ways to dominate the market. So, let’s keep our eyes peeled for any more shenanigans from these data-hungry beasts.
Chinese automaker Nio is giving its workforce a little trim, with a predicted 10% reduction in staff. In the cutthroat world of electric vehicles, it seems there’s more “snip snip” than “vroom vroom” these days. As Nio strives to optimize costs and resources, some employees unfortunately find themselves bidding adieu. Will this leaner, meaner Nio be the fittest in the EV jungle or just another electric eel swimming in financial turmoil? Time will tell, but for now, Nio employees might want to keep their resumes handy and their haircuts well-groomed. After all, it’s autopocalypse now at Nio.
Pour the Champagne, Africa! Norrsken22’s Debut Fund Just Reached a ‘Waka-Waka’ $205 Million!
In a display of financial ‘Pan-Africanism’, Norrsken22 sparkles as it secures a whopping $205 million for its debut fund, proudly strutting past its initial target. Africa, here comes your fairy godmother armed with a money wand! This fund is all set to give a robust boost at a critical phase for the go-getting African startups. Norrsken22, you’re essentially the Red Bull for these ventures, aren’t you? Finally, it’s evident the Lion King (read: Dollar King) has set his eyes on Africa. Remember, in the jungle of venture capitalism, it’s the survival of the funded!
In a sneaky maneuver resembling a “timeline takeover,” Twitter users found their sidebar occupied by a pinned topic as relevant to them as a walrus at a ballroom dance. Conservative non-profit PragerU pulled off a clever advertising stunt by hijacking hashtags, leaving Twitterati both surprised and intrigued. With their new film teased through the cryptic hashtag #DETRANS, PragerU proved that even in the digital age, hashtags have become the unsuspecting heroes of cinema promotions. Who knows, soon we might even see hashtags rubbing shoulders with celebrities at the Oscars!
