Fexco has opened a €21 million research and development facility in Killorglin, Co Kerry. Dedicated to Stanford University computer scientist John McCarthy, the 57,000 sq ft building houses Fexco's Research Development and Innovation Centre, and digital innovation centre RDI Hub, a not-for-profit public private partnership focused on the commercialisation of innovation and research and backed by Fexco, IT Tralee and Kerry County Council. Some 125 Fexco staff will be located at the building, replacing a manufacturing facility that was closed in 2012. Fexco said the operation is aimed at driving its continuing development as a leading global fintech company. "This new building signals our commitment to providing world-class innovative fintech solutions to a global audience as well as supporting our local community, through job creation and local investment," said Denis McCarthy, chief executive of Fexco.

In line with its commitment to hire 2,500 engineers for Research and Development in India, Samsung India on Wednesday said it is set to hire more than 1,200 engineers from top institutions like IITs and BITS Pilani this year to create a robust Research and Development pool for generating innovative'Make in India' products for both the domestic and global markets. The South Korean giant hired 1,000 engineers last year from top engineering colleges including IITs, NITs and IIIT, giving a thrust to New-Age domains like Artificial Intelligence (AI), Internet of Things (IoT), Machine Learning (ML), biometrics, Natural Language Processing (NLP), Augmented Reality (AR) and networks including 5G. Samsung India has three Research and Development in the country, in Bengaluru, Noida and Delhi. "In December 2017, we spoke about our commitment to hire 2,500 engineers in India by 2020. We hired 1,000 engineers in 2018 and are set to take 1,200 plus engineers on board in 2019. Samsung India is well on track to meet the commitment it made," Sameer Wadhawan, Head, Human Resources (HR), Samsung India, told IANS.

Amazon's multi-million-pound drone testing is secretly taking place behind a wall of haybales in the middle of the Cambridgeshire countryside. The Internet retail giant has built a high wall of hay bales to hide its secret drone testing area in a field around five miles east of its research and development centre. A blue control tower with aerials has also been spotted in the remote field, which is constantly patrolled by security men and vans. The firm aims to deliver packages to people's home using the flying robots and believe it is a more eco-friendly way of transport. The firm aims to deliver packages to people's home using the flying robots and believe it is a more eco-friendly way of transport Amazon's multi-million-pound drone testing is secretly taking place behind a wall of haybales in the middle of the Cambridgeshire countryside The tower appears to be made from two converted shipping containers and has a tall antenna on the roof, measuring almost five metres tall.