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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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Digital payments on the rise in India – what does this mean for the region?

NCR

At the moment, some parts of this region are still heavily cash dependent, with research from McKinsey and Capgemini suggesting just two per cent of transactions in emerging nations of Asia-Pacific were cashless last year – though this rises to 35 per cent in developed countries. With more than 1.3 India set for a digital boom.

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CFPB announces senior leadership changes

CFPB Monitor

Laura Fiene will serve as West Regional Director. Fiene joined the CFPB in 2011. McCray has 15 years of experience in diversity practice and management, most recently as the Assistant Vice President, Diversity and Inclusion at the Federal Reserve Bank of Boston.

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

PYMNTS

According to reports last week, Amazon will soon be heading to Boston to construct a $40 million state-of-the-art robotics innovation hub. The 350,000-square-foot facility is planned for Westborough, Massachusetts, a community roughly 35 miles west of Boston. Amazon’s Big Robotics Investment .

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Data Dive, Fall Chill Edition: Fraudsters, Sears And India’s Data Privacy Laws

PYMNTS

fans traveling to Boston for the start of the World Series will want to pack — and possibly purchase for the first time — sweaters, as this week will be an excellent opportunity to enjoy New England’s crisp fall weather. In payments and commerce this week, a fall chill also rolled through. Gift Cards’ New Unfavorable Fans.

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The Top 20 Venture Capitalists

CB Insights

He received his MBA in 1993 from UT Austin before joining Credit Suisse First Boston as an Equity Research Analyst, where he focused on computer hardware and software. In 2011, Brian was promoted to Partner of Founders Fund where he still invests today. Education: University of Pennsylvania (MBA & MA), Boston University (BS).

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Power Trip: New Technologies From Tesla, Mercedes, Ikea, And Others Could Hold The Key To Widespread Solar Adoption

CB Insights

However, despite lithium ion’s packaging as an ecofriendly alternative, the material has taken an environmental toll on the regions that it’s mined in. That said, there have already been a number of flywheel storage failures, including Beacon Power , which manufactured grid-scale flywheels and filed for bankruptcy in October 2011.