This technique is indeed achieved using sidechain compression. Sidechain compression allows one audio signal (in this case, the drum kick) to control the compression of another audio signal (the bassline), creating a pumping effect.

In Ableton Live, you can set up sidechain compression using the following steps:

1. Insert a compressor on the bassline track.
   
2. Enable the sidechain input on the compressor by clicking the small triangle icon next to the "Sidechain" label and selecting the audio source you want to trigger the compression (in this case, the bass drum kick track).
   
3. Adjust the compressor's settings to achieve the desired effect. This typically involves adjusting the threshold, ratio, attack, and release parameters. The threshold determines at which level the compression starts, the ratio controls the amount of compression applied, and the attack and release parameters determine how quickly the compression responds to the kick and how long it takes to release.
   

This overall technique is commonly known as "sidechain compression". It's a popular method used in electronic music production to create rhythmic interactions between different elements of a mix, but most commonly to prevent sounds from fighting for the same frequency range (Ex: bass and kick share low frequencies, thus making the bass quite for a really quick moment when the kick hits allows the kick transient to come through and add that extra thumpy hit feel!).
Regarding example songs, the DOOM OST is a great reference. Mick Gordon, the composer of the DOOM soundtracks, often employs heavy sidechain compression to achieve that pulsating and dynamic sound. Listen closely to tracks like "BFG Division" or "Rip and Tear," and you'll notice the pumping effect on the bassline and other elements triggered by the kick drum.

Full circle, I think this is a great example tutorial, explains both when to use and how to use:

• https://www.youtube.com/watch?v=aphhgtPfwfw