Microsoft’s acquisition of Activision Blizzard for US$70 billion looks to be in jeopardy after it has been blocked by the download lagu mp3 UK’s Competition and Markets Authority (CMA). The CMA, after analysing “3 million Microsoft and Activision documents and more than 2,100 emails from the public,” said that the deal could not go ahead. […]
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Logitech Q4 sales plunge 22% as economic downturn worries weigh
Logitech International has today posted a 22% drop in fourth-quarter sales, as growing worries of an economic downturn continue to hinder the computer peripherals maker from maintaining the growth experienced during the pandemic. The Swiss company said its sales for the three months to March-end fell to $960m, compared with $1.23 billion the same time […]
Viatel to buy Sungard AS in latest acquisition
Sunguard Availability Systems, the digital transformation system provider, has been bought by Viatel Technology Group. Details of the price paid for the business have not been disclosed. “Sungard AS delivers innovative and critical services from bases in Ireland, the US and India,” said Paul Rellis, the Viatel Technology Group chief executive. “We are excited to […]
Reasons why Irish households have billions in savings right now
While the pandemic had massive humanitarian ramifications, it also influenced economic behaviour. We can still see a legacy of the pandemic today in the saving habits of Irish households, who are saving a lot more than they used to prior to the pandemic. During Covid-19, household savings rates were incredibly high. By the end of the first […]
A robot walks into a bar: would you order a pint from a robot?
You may have noticed that more and more stories about social robots have appeared over the last decade. During the Covid-19 pandemic, robots were applied in different areas to help people because they were safe and convenient. In hospitals, for example, Moxi, a social delivery robot, can deliver medication, supplies or lab samples. In nursing, […]
Czech staff at Verizon wins €4,000 penalisation award
Communications giant Verizon won’t have to pay hotel bills and conference fees to four staff representatives for a training course following a landmark case before the Workplace Relations Commission. The dispute, centring on an invoice for under €12,000 and conference fees of around €1,250 for four attendees, plus travel and subsistence, was contested over five […]
Businesses struggling with IT skills shortages despite tech layoffs – survey
94% of businesses on the island of Ireland are struggling to find IT staff, despite recent layoff announcements from many of the world’s largest tech companies. The survey was carried out by Expleo, a global technology, engineering and consulting service provider. It found that 83% of business leaders are struggling to meet the rising salary […]
Plan to strengthen redundancy legislation discussed
A plan to strengthen redundancy legislation was due to be brought to Cabinet today by Minister for Enterprise, Trade and Employment Simon Coveney. The memo includes measures such as ensuring that all collective redundancies will be subject to a 30-day notification period before they take effect, including where the employer is insolvent. It also envisages […]
NCPC: Ireland’s ‘macroeconomic fundamentals’ are strong
The National Competitiveness and Productivity Council has said that overall, the country’s “macroeconomic fundamentals” are strong. In its Competitiveness Scorecard report, published every three years, the Council found that Ireland scores well on education and skills, but comparatively worse when it comes to transport and housing. Ireland has the second highest share of workers with […]
Aviation company Avia to create 50 jobs in Dublin
Aviation company Avia Solutions Group has moved its headquarters to Dublin. The firm said it anticipates having up to 50 specialists from various fields working at the office which is located at Central Park in Leopardstown. Avia provides aircraft leasing, crew, maintenance, and insurance. It has a fleet of 173 aircraft and provides aviation services […]