Verve Motion’s robot backpack helps workers lighten their load

March 12, 2024

Wander the Modex floor long enough and you’ll stumble on some wearable robotics. The category has nowhere near the presence of AMRs (autonomous mobile robots) or storage and retrieval systems, but exosuits are increasing in acceptance for their ability to eliminate the repetitive stress that comes with lifting and moving heavy loads all day. While […]

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OpenMeter makes it easier for companies to track usage-based billing

March 12, 2024

In enterprise software-as-a-service (SaaS), usage-based pricing, a pricing model in which customers are charged only when they use a product or service, is gaining ground. According to a report from VC firm OpenView, ~60% of SaaS businesses offer some form of usage-based pricing today. Recently, Apigee, Google Cloud’s API management platform, made the shift, as […]

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Remote driving startup Phantom Auto is shutting down

March 12, 2024

Phantom Auto,  a remote driving startup that launched seven years ago amid the buzz of autonomous vehicle technology, is shutting down after failing to secure new funding, TechCrunch has learned. Phantom Auto, which had raised a total of $95 million, developed a teleoperation platform that allowed a remote driver, sometimes located thousands of miles away, […]

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Locus Robotics’ success is a tale of focusing on what works

March 12, 2024

“We’re fundamentally a software company,” Locus CEO Rick Faulk says with a laugh. We look like a robot company, but we’re actually a software company.” It’s a familiar refrain from companies whose most public-facing products are hardware. That’s certainly the case with Locus, which produces the best-known AMRs (autonomous mobile robots) not made by Amazon. […]

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TikTok is now letting creators in more countries earn money for their effects

March 12, 2024

TikTok is expanding its Effect Creator Rewards monetization program to more regions and lowering its payout threshold, the company announced today. The program, which launched in May 2023, rewards creators for the effects they make through TikTok’s AR development platform, Effect House. TikTok is also updating the program’s payout model, as creators will now only receive […]

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Uber CEO Khosrowshahi reveals the three goals at the top of his to-do list

March 12, 2024

Uber’s future will be greener, more affordable, and able to challenge Amazon at its own rapid delivery game, CEO Dara Khosrowshahi predicted while on stage this week at SXSW. His vision, which he charted out during an interview with city of Austin Mayor Kirk Watson, isn’t entirely new. The company made a commitment in 2020 […]

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