Category Archives: Business

Viacom fails to sue YouTube for $1 billion

Viacom has lost its cased against YouTube for copyright infringement. Viacom was suing the Google-owned video site for damages of $1 billion for what it saw as widespread copyright violations. Viacom, which owns properties such as Paramount Pictures, MTV and BET, started the law suit three years ago, however,
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Online spending surges to €2.13 billion in 2009

The Irish spent a whopping €2.13 billion online in 2009 according to a survey by Visa Europe. Half of the people surveyed said they can save up to 30% by buying goods online. The average Irish shopper spends €1,450 online per year. More than half (53%)
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Why Facebook may go public very soon

According to a report by Reuters, Facebook’s 2009 revenue figure is likely to be as high at $800 million, with a solid profit figure in the tens of millions of dollars. Only six years old, Facebook continues to stride the social media planet like a colossal anteater, hovering up new users in the tens of millions [...]
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Angel investors announce €10 million for Irish firms

The Halo Business Angel Network (HBAN), the national network for angel investing in Ireland, has announced four new investment syndicates that will be targeting opportunities in the technology, telecommunications, life sciences and renewable energy fields. HBAN said the four syndicates – Irrus Investments, Reddo Partners, the Technology Investment Group, and Clean Technologies – expect to invest [...]
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After all the fuss the iPhone 4 is launched

The iPhone 4 is finally revealed. The new phone is an improvement on the 3G model. The essential improvements include: • Video calling is also possible with the iPhone 4. Apple calls it ‘Face Time’ and it will be WiFi only until “the cellular networks are ready for the future”, said Jobs. The key to Face Time [...]
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