DoneDeal, Ireland's largest classified ads website, has sold a majority stakeholding to Norwegian firm Schibsted Media Group. Schibsted has acquired a 50.09% stake in DoneDeal with financial arrangements remaining undisclosed.
The IE Domain Registry (IEDR) has announced the names of ten Irish companies who will share its e-commerce website development fund of €100,000. The OPTIMISE fund will be shared equally among the ten recipients, each receiving €10,000 worth of technical and marketing expertise.
Industrial Development Authority (IDA) Ireland announced this morning that Twitter is to establish an international office in Ireland - their third location outside of the United States. It's not yet known whether this office will become Twitter's European HQ - a title which may still be awarded to London.
Online conversions rates among UK shoppers are down almost 55% in the past five years, according to the latest IMRG Capgemini e-Retail Sales Index. In 2006 the average online conversion rate was 8.4%, but this figure has steadily declined to 3.8% in 2011 as consumers shift from 'online purchasing' to 'online shopping'.
Google has today announced that they've entered into a definitive agreement to purchase Motorola Mobility for €8.73 billion ($12.5 billion). If approved, this would be Google's largest ever acquisition, four times that of the $3.1 billion paid for DoubleClick in March 2008.
For all the millions companies spend each year protecting their IT infrastructure from hackers, viruses, and other forms of malware, many forget that their social media accounts could be their weak link. So what can companies do to protect themselves, their staff, and their customers, against social media threats?
Consumer electronics giant Apple are to create up to 350 new jobs in Cork, Ireland, after agreeing to lease offices in Cork’s city centre, according to the Irish Examiner. The new offices, on Cork’s Half Moon Street, constitue 25,000sq. ft. and may accommodate up to 350 workers.
With the launch of the Pottermore website Rowling has brought app store economics to ‘niche’, that is to say single subject, markets. This is not only a dramatic change for book publishers but will certainly change online economics for other established franchises. Film, video games, and music retailers will be paying close attention to Rowling’s Harry Potter App Store as they attempt to replicate her economic model for themselves.
When Xobni launched for Outlook in 2008 the social email filtering application was quite rightly hailed with glowing reviews from the tech press and quickly developed an avid fanbase, not least within NASA and The U.S Army who are some of its most prominent users.