Monday 22 January 2018

Trade mission to UK hailed as a success

A Trade mission to Manchester has been hailed as a success. The Dublin Chamber of Commerce's first mission abroad saw more than 30 business people from Dublin attend a number of events in Manchester aimed at securing more business here. The Irish delegates enjoyed "productive" site visits to MediaCity and Manchester Science Park, as well as meeting with the Greater Manchester Chamber of Commerce and Manchester Investment Development Agency Services.

Australia cuts rates over Europe fears

ECONOMY

AUSTRALIA'S central bank cut rates by 25 basis points to 3.5pc amid fears over weakness in Europe and easing growth in key trade partner China. The cut adds to the 50 basis points the Reserve Bank of Australia slashed from interest rates last month. This brings them to a level not seen in the booming mining economy since November 2009.

Google to buy messaging firm

ACQUISITION

GOOGLE is to buy online messaging firm Meebo, a move expanding its capabilities for instant sharing of web pages using social networks. Terms of the deal were not disclosed but it is believed to be in the region of $100m (€80m). "We are happy to announce that Meebo has entered into an agreement to be acquired by Google," the company said.

Facebook criticised for under-13s move

TECHNOLOGY

FACEBOOK is taking heat from US lawmakers after reports that the company is exploring ways to let children under 13 on to its social network. The co-chairmen of the Bi-Partisan Congressional Privacy Caucus, Texas Republican Joe Barton and Massachusetts Democrat Edward Markey, sent a letter to Facebook chief executive Mark Zuckerberg yesterday, asking him to provide details on the company's plans for allowing access to children under 13, who fall under stricter regulations around online privacy. Facebook is looking at ways to let younger children use its site, though the company hasn't made a decision on whether or how to give them access, a person familiar with the matter said.

Irish Independent

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