Seven Dreamers has created a robot that folds your clothes for you. The Laundroid can help eliminate the annoying process of folding from your life, but it comes at a steep price.
Shin Sakane is the CEO of Seven Dreamers. He joins Cheddar to explain how Laundroid is working to make consumers lives easier. Laundroid has been in the works for 12 years. The robot costs $16,000 and takes it takes 4 to 6 hours to fold around 30 pieces of clothes.
Sakane says the product should be launched by the end of the year.
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Justice Department officials told The Associated Press that Purdue Pharma, the company that makes OxyContin, will plead guilty to three federal criminal charges as part of a settlement of more than $8 billion.
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Nokia says it has been tapped by NASA to build the first cellular communications network on the moon.
Christian Gormsen, Eargo CEO, joined Cheddar to discuss the hearing aid company going public. and also about the path to expanding insurance coverage to include hearing aids.
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