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Autonomous Delivery Startup Nuro Nets $500M In Funding On $5B Valuation

PYMNTS

Rowe Price Associates, with participation from new investors, including Fidelity Management & Research Company and Baillie Gifford. The program was implemented in Houston and used both the R2 and autonomous Toyota Priuses, which were powered via Nuro's proprietary software and hardware.

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The Apple Pay Pivot?

PYMNTS

After a bit of a bumpy start to the year, what has become a now multi-week debacle with the FBI over that phone and a solid month of share prices below $100, it has been a while since Apple has managed a whole week of headlines that were, more or less, positive and even hopeful about innovation in the offing.

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The Walmart Amazon Whole Paycheck Tracker: The Delivery Edition 

PYMNTS

Walmart is signing on to a recent trend and has announced it will be partnering with autonomous vehicle company Nuro to launch a new pilot program to test autonomous grocery delivery in the Houston market. The service carries products only; there are no onboard drivers or passengers. said in the release.

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33 Ways Drones Will Impact Society: From Fighting War to Forecasting Weather, UAVs Change Everything

CB Insights

Military spending for this technology is expected to grow as an overall percentage of large military budgets such as the United States’ $640B defense budget, offering specialized drone manufacturers and software developers a tremendous opportunity. Waste Management. However, innovations in waste collection are still emerging.

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From Energy To Telecom: 30 Big Industries Drones Could Disrupt

CB Insights

Military spending for this technology is expected to grow as an overall percentage of large military budgets such as the United States’ $640B defense budget, offering specialized drone manufacturers and software developers a tremendous opportunity. Waste Management. Emergency Response. Weather Forecasting.

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Facebook’s Libra, Uber Losses, Instant Deposits Top Week’s News

PYMNTS

Here is what we’ve learned from the Libra experience that may be helpful to other innovators who have large plans to change the world. LendingClub Founder Renaud Laplanche built a business to help consumers manage the $800 million in outstanding credit card debt twelve years ago. Visa, Intuit Launch Instant Deposit For SMBs.

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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.