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Is VC money for start-ups drying up?
While the last few years have seen a bit of a boom in venture capital funding for Irish start-ups, the next two years don’t look so rosy. In 2011, 159 Irish technology companies raised €274m from investors while in 2010 tech firms received €310.2m, according to the Irish Venture Capital Association (IVCA). Since the start...
The year social media made money
As Facebook prepares for its IPO and Google+ changes Google search and Twitter sits back on its big pile of investment cash – 2012 in the land of the social media giants already looks interesting. 2011 was the year that defined the big social networks in that they finally started to make some real cash...
70 start-ups apply for NDRC Launchpad
70 start-ups, both national and international, have applied for one of the 15 places available on the NDRC (National Digital Research Centre) Launchpad accelerator programme. The programme is designed for digital start-ups and 15 will be selected for the investment stage which starts in mid-February and ends in a competition for a follow-on investment sourced...
Sony experiments with ‘3D sound’
Here’s an interesting experiment from Sony. While we know what 3D video is, Sony wanted to add 3D sound to 3D video. So what exactly is ‘3D sound’? Sony says it uses “binaural ’3-Dimensional’ sound overlaid onto imagery”. (Yes, we’re none the wiser either). The film below was created by acclaimed sound designer Nick Ryan...
‘Bring your own’ to work saves money for firms
Bringing your own laptop to work has been the preserve of start-ups and SMEs for many years now. Larger organisations, scared off by possible security issues, have mainly shied away from employees using their own devices at work. However, a new report by Citrix shows that its three year old employee bring-your-own (BYO) programme is...
Sky to bring more digital jobs to Dublin
The digital TV provider Sky says it will create at least 800 jobs in Dublin over the next two years. The firm will open a new customer service centre to meet increased demands from Irish customers. The centre is due to open in August 2012 at Burlington Plaza, in Dublin city. The firm says new...
Who will cash in if Facebook is worth $100 billion?
The Wall Street Journal believes the most anticipated initial public offering since Google’s will be filed this week. Facebook, it seems, is finally going public. It could mean as much as $10 billion in cash for the social network, valuing the company at $100 billion. While many of the early investors will immediately become even...
Facebook continues to conquer the world
The rise and rise of Facebook is a media phenomenon on a scale never witnessed before. The world’s most populated social network is pretty much conquering every country it enters. Italian blogger and digital strategist Vincenzo Cosenza’s latest ‘World Map of Social Networks’ is an excellent illustration of Facebook’s increasing dominance. Cosenza tracks Facebook’s activity...
Access to Kauffman entrepreneurship programs
The Irish Technology Leadership Group (ITLG) and DCU’s Ryan Academy for Entrepreneurship will now partner with the Kauffman entrepreneurship programs. The partnership aims to deliver Kauffman entrepreneurship and innovation programs in Ireland and Silicon Valley. The Kauffman Foundation, a world authority on entrepreneurial innovation and economic growth, has shown through its research that over 40%...
Facebook brought $20 billion to the European economy in 2011
Facebook is claiming that it contributed $20 billion to the European economy in 2011 and supports 232,000 jobs across the region. The figures come from a study it commissioned from Deloitte LLP. “Businesses are using the service to connect with their customers, to advertise more effectively and to build brand identity. In Europe, thousands of...
Think you’re the future? Want a job in communications?
Youth communications agency Thinkhouse is hosting a ‘Future thinkers day’ in Dublin, on Tuesday, January 31 in a bid to secure the right candidate for a job on offer at the agency. The agency says the event is open to people “from all walks of life, any creative or media discipline, at any level of...
€1 billion worth of goods sold through DoneDeal in 2011
An astonishing €1 billion worth of goods was sold online through DoneDeal in 2011. This represents an increase of over €300 million from the previous year. In a county by county breakdown of the value of deals done for 2011, Dublin, Cork and Galway are the top three counties with the highest value of goods...
