Items tagged with otto
You win some and you lose some, and unfortunately for Otto, a smart lock startup that was ever-so-close to shipping its first product, the door is now slammed shut on the company. Otto founder and CEO Sam Jadallah stated in long-winded Medium post that an acquisition deal crumbled at the least minute, leaving the startup in shambles and forcing it to shut down despite having shown off its smart lock product just months earlier. Otto's fate is a cautionary tale to other startups. Sadly for Jadallah and company, the decision to move away from investments and go all-in with an acquisition offer proved...
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In the words of Britney Spears, Uber is “not that innocent”. It was recently disclosed that Uber’s self-driving car was at fault for running a red light in December. Last year one of Uber’s self-driving Volvo’s ran a red light near San Francisco’s Museum of Modern Art. The company claimed that the incident was due to human error and they suspended the employee who had been riding in the vehicle at the time. Uber’s own internal documents and information from two anonymous Uber employees have revealed that the self-driving vehicle was actually in the wrong. Uber’s mapping program failed to recognize...
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We have all been there. You are at a lit party and your buddy asks you to go for a beer run. What do you choose? A 6-pack of a craft beer? A 24-pack of something cheap? How about 50,000 cans of Budweiser? Uber just completed the first commercial delivery made by a self-driving truck and it delivered 2,000 cases of one of America’s favorite beers. This past Tuesday, Otto, Uber’s self-driving vehicle operation drove roughly 125 miles from Fort Collins to Colorado Springs, Colorado. The truck even passed through downtown Denver. It seems fitting that this delivery was made in one of the states with...
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