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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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Coronavirus Refunds: Billy Joel Ticketholders Get Reimbursement Option For Boston Concert

PYMNTS

The Billy Joel concert that was scheduled for Fenway Park in Boston has a new date because of worries over the coronavirus, according to an announcement , and those who have tickets will be given reimbursement choices by email. 4, 2021 pending the final approval from the city, while it was initially set for August 28, 2020.

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Amazon Expands Boston Tech Hub; Adds 2,000 New Tech Roles

PYMNTS

Amazon , announced news on Tuesday (May 1) that it will expand its Boston Tech Hub, creating 2,000 new tech jobs in fields including machine learning, speech science, cloud computing and robotics engineering. According to Amazon, the teams based in Boston are focused mainly on Alexa, Amazon Web Services and Audible.

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2021 GonzoBanker Awards

Gonzobanker

Gonzo readers, 2021 was just plain schizophrenic. 2021 fintech investments, merger activities, and overall focus were off the charts. Two, read and enjoy the 2021 GonzoBanker awards, our annual take on the best things we saw during the year. So which merger was the best in 2021? Doug Larson. THE BANKER AWARDS.

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Coronavirus Refunds: Jimmy Buffett Fans To Get Reimbursement Option For Tour

PYMNTS

The concert at Charlotte, North Carolina’s PNC Music Pavilion has been rescheduled to April 24, 2021 and the concert at the Boston, Massachusetts Xfinity Center has been rescheduled for Aug. 14, 2021, among other stops.

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Technology spend up 5% at State Street

BankInovation

State Street Bank spent $423 million on technology and communications in the first quarter, up 5% year over year but down 3% from the Q4 2021 as the Boston-based bank continues to focus on tech infrastructure.

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Bain Capital Nets $800M For Business Impact Funding

PYMNTS

The WSJ reported that Boston-based Bain raised the funds even though other global impact funds have struggled with fundraising this year, drawing just $14.6 I think in terms of market recognition, 2020 was the breakout year — [and] in terms of commercial adoption, 2021 will be more like it.”. billion through Nov. 20 compared with $76.2

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