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Amazon To Build $40M Robotics Innovation Hub Near Boston

PYMNTS

Amazon is planning to build a $40 million state-of-the-art robotics innovation hub near Boston that will result in the creation of 200 tech and manufacturing jobs, Amazon announced in a press release Wednesday (Nov. The 350,000-square-foot facility will be located in Westborough, Massachusetts, which is 35 miles west of Boston.

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Data Dive, Go Big Edition: Apple, Amazon And CloudKitchens

PYMNTS

And while the last week had no shortage of players pushing ahead with big moves, there were three that managed to put up some pretty staggering early-season numbers. According to reports last week, Amazon will soon be heading to Boston to construct a $40 million state-of-the-art robotics innovation hub.

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How Adore Me Discovered The Data Behind Lingerie Models

PYMNTS

That “team of geeks” would be the folks at Adore Me , the disruptive eCommerce lingerie startup founded by a Harvard Business School student in 2011 after he couldn’t find his girlfriend any affordable lingerie online for their anniversary. She instead came from management consulting, business development, high-tech and media.

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Kreditech Taps mBank Veteran Michal Panowicz To Lead on Products, Technology

Fintech Labs Insights

Panowicz, who worked for fellow Finovate alum mBank as Senior Director and Managing Director from the fall of 2011 to the spring of 2015, will be responsible for Kreditech’s product and technology departments. After leaving mBank, Panowicz joined Nordea, where he served as SVP and Deputy Head of Digital Banking.

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From AT&T To Xerox: 65 Corporate Innovation Labs

CB Insights

Corporate innovation is critical for established companies looking to stay relevant in the face of disruption from up-and-coming startups. With industries being unbundled left and right ( supermarkets , banking , cars — just to name a few) more companies are opening up in-house innovation labs every day. Innovation Lab Name: HP Labs.

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Is It ‘A Bot Time’ For Payments To Jump On The Bot Bandwagon?

PYMNTS

WeChat was launched in 2011 by Chinese internet giant Tencent. Then, it managed to get the timing exactly right. We take our weather very seriously in Boston. I tried last night to make a reservation from Boston to San Francisco, and it told me that I had presented it with a first: There were no flights between those two cities.

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12 Industries Experts Say Millennials Are Killing — And Why They’re Wrong

CB Insights

Managing money that doesn’t go as far — when it’s not tied up in debt payments — hugely affects how millennials budget and spend. In the 1950s and 1960s, the biggest innovations in breakfast were Eggo Waffles and Pop-Tarts. Thanks to innovative new rental models, ownership is no longer essential.