CEO Report Boston
Amazon officially announced plans to continue its Boston expansion with a move into WS Development’s 430,000-square-foot Seaport Square, which is expected to be complete in 2021. The city provided the company with $5 million in tax breaks for the 2,000 jobs it will create with options to expand. Read more at BisNow.
On average, 67 Bostonians are riding in an Uber or Lyft vehicle every minute of every day, according to data collected by the Massachusetts Department of Public Utilities under a new state law regulating the industry. The ride-sharing services provided almost 35 million trips in Boston last year. Read more at The Boston Globe.
A new round of funding led by Hyperplane Venture Capital rakes in $20 million for Cambridge-based Soft Robotics, which has developed a soft gripper that can pick and place items in food, packaging, and assembly tasks. Read more at Xconomy.
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