Business

Read how companies, startups, and businesses are impacting society through technology.

Artists impression of the Montevetro building in Dublin's Grand Canal Dock
Business

Google buys Ireland’s tallest commercial building, the Montevetro

Google have once again shown their commitment and long-term vision in Ireland by purchasing Ireland’s tallest commercial building, the Montevetro, for a reported €99.9 million. The newly built property sits directly across the street from Google’s current operations in Gordon House on Dublin’s Barrow Street, and will house their European, Middle East and African (EMEA) headquarters.
The Huffington Post Media Group
Business

AOL to acquire The Huffington Post for $315 million

American news website and content aggregator The Huffington Post will be acquired by AOL for $315 million US dollars, in a deal expected to close in the coming months. Huffington Post co-founder Arianna Huffington will become president and editor-in-chief of a new Huffington Post Media Group, which will include The Huffington Post and other AOL content properties, including recently acquired TechCrunch, gadget blog Endadget, and micro-local news service Patch.
StumbleUpon images
Business

SME and social media, for hits StumbleUpon is good but Facebook is better

Statistics, it is said, are like bikinis. What they reveal is suggestive, but what they conceal is vital. Earlier this month TNW reported, quoting Statcounter Global stats, that StumbleUpon had surpassed Facebook in the US as the site that created the most social media referrers. The article also reported it was the second most popular traffic-generating site globally after Facebook.
Hootsuite Affiliate Logo
Business

Hootsuite wants to give you money, for recommendations

Hootsuite,the social media dashboard web app, is giving away money to users who recommend the service on their sites. Writing today, Hootsuite HQ says that paid users of the HootSuite Affiliate Program, typically corporate users, will be able to receive ‘commission’ when they recommend new users to the company’s premium service.
Bundle of paper
Business

Social news curation site paper.li raises $2.1 million

Paper.li, a site that “organizes links shared on Twitter and Facebook into an easy to read newspaper-style format” has just raised $2.1 million in funding. SmallRivers, the Swiss company behind paper.li will receive capital from Highland Capital Partners, SoftBank Capitol, and Endeavour Vision.
Terrestar-1 satellite (Image via & © Ariane Space Services)
Business

How to reduce the digital divide by buying a satellite

If your New Year’s resolution is to donate more to charity than you could do worse than by giving free internet access to some of the world’s poorest people. All you have to do it buy an entire satellite, something a US charity is attempting to do this year. A Human Right plans to raise over $150,000 so it can buy the largest communications satellite in earth orbit to provide free internet access to billions of people.
Shopping Basket
Business

U.S. moves closer to imposing federal download tax

We could all be paying more for our downloads from next year if the US government's proposed tax on digital goods is passed. The House of Representatives is set to debate a bill proposing the introduction of a federal tax on downloaded good and services, including music, videos and apps, in early 2011.
Pictured at the launch of Loc8 Code are model Ruth Griffin, Martin Corkery (Enterprise Ireland), Clive Taylor (Garmin Europe Ltd), Gary Delaney (CEO of Loc8 Code Ltd) and Tony Carson (Chairman of Loc8 Code Ltd)
Business

Loc8 generates 64,000 postcodes in first five months

Ireland’s first and only digital address system Loc8 Code have generated over 64,000 address codes since their launch in July of this year. In this period the companies’ website has also been gaining considerable interest with a reported 127,000 visitors to the site since the launch.
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