Kiva System News Today

When online behemoth Amazon introduced its Prime service nearly 15 years ago, it was just the beginning of a game-changing retail upheaval.

Senators and House members are calling on the FTC to oppose Amazons buyout of iRobot..

The MIT Corporation - the Institute's board of trustees - elected nine full-term members, who will each serve for five years; two partial-term members;...

Credits: Courtesy of the Office of the Corporation Previous image Next image The MIT Corporation — the Institute’s board of trustees — elected nine full-term members, who will each serve for five years; two partial-term members; and three life members, during its quarterly meeting today. Corporation Chair Diane Greene SM ’78 announced the election results; all positions are effective July 1. The nine full-term members are: Lindsay Androski ’98; Eran B...

Locus Robotics has raised a $150M Series E Massachusetts-based Locus Robotics today announced a $150 million Series E. The round, led by Tiger Global Management and Bond, brings the firm’s total to around $250 to date, and values the robotics company at $1 billion. Locus is notable for a more modular and flexible solution for automating warehouses than many of its competitors (see: Berkshire Grey). The company essentially leases out robotic fleet for organizations looking to automate logistic...