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Industry

Amazon warehouse robots top 1 million as company expands production and deployment

Amazon now operates more than 1 million warehouse robots and plans to expand robot production and deployment, including new facilities in Austin, Texas, and Greenwood, Indiana. The company says robots take on injury-prone tasks, but labor groups and researchers warn automation can raise work intensity. A study found fewer severe injuries at robot sites but more minor repetitive-motion injuries. Amazon says safety rates have improved since 2019 and maintenance hiring has grown.

AI & Enterprise

Hecto Group holds 10th blood donation campaign, donates 10,000 won per certificate

Hecto Group marked its 10th employee blood donation campaign by setting aside 10,000 won for each donated blood donation certificate to support treatment costs for children with cancer. The company held the 10th “HECTO&” campaign from Aug. 31 to Sept. 1. HECTO& is the group’s social contribution programme. It said it will donate the full amount accumulated through the Korea Pediatric Cancer Foundation.

Crypto

BoA, Deutsche Bank, UBS and others form stablecoin alliance of 21 global financial institutions

Twenty-one major global financial institutions have begun work to jointly establish a stablecoin issuer, with a plan to launch a U.S. dollar-based stablecoin in the first half of 2027. Participants include Bank of America, Goldman Sachs, Citi, Deutsche Bank, UBS, Santander, MUFG and Fidelity Investments. The group plans to focus first on a dollar stablecoin and later expand to products based on other G7 currencies, with a euro stablecoin listed next.