Monday 20 November 2017

Fresh action likely against Google

A Google Street View car

GOOGLE may face further action by a British privacy regulator for gathering personal data, after the agency reviews findings by a US investigation. The Information Commissioner's Office is studying the US Federal Communications Commission's report on data gathering by Google for Street View "to consider what further action, if any, needs to be taken". While Street View cars photograph buildings and homes to provide street-level mapping to Google users, they went beyond that to using wireless connections to gather people's personal communications.

Confidence growing among bosses

SURVEY

BUSINESS confidence is improving, according to a new survey. The latest chief executive 'Pulse' survey, from PwC, shows around 80pc of bosses have a favourable or unchanged view of the economy, while more than half of those surveyed are expecting their profits and revenues to grow this year. Some 99pc are either "for" or undecided on the fiscal treaty referendum. PwC's senior partner Ronan Murphy said: "The survey suggests businesses are positioning themselves for growth opportunities."

Barclays 'hit with unfair treatment'

FINANCE

BARCLAYS said tax authorities singled it out for unfair treatment in a tax row earlier this year that damaged the bank's reputation. Britain said in February it would close two "aggressive tax avoidance schemes" used by Barclays and retrospectively applied a new tax to a bond buyback the bank did in December. Barclays could have to pay back about £120m (€150m). "The way in which this situation was handled seems to us to have been completely unwarranted," chief executive Bob Diamond said.

Quirke hits the arcade jackpot

GAMING

BUSINESSMAN Richard Quirke continues to hit the jackpot, with his arcade business increasing pre-tax profits last year by 45pc to €2.2m. New accounts for Dublin Pool & Juke Box Ltd show that the firm recorded the increase in pre-tax profits after its gross profit rose by 19pc from €5.5m to €6.8m in the 12 months to the end of June 30 last.

Irish Independent

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