Bank of Ireland opens free workspace for startups in New York

Bank of Ireland have today announced the opening of startlab NYC, an incubation space that will support Bank of Ireland startup customers seeking to scale their business and enter the US market. The collaborative space, located in Manhattan on the 41st floor of 2 Grand Central, is the first offering of its kind from an Irish bank outside of Ireland.

Baidu and Sogou punished for bogus, illegal oline ads

China’s two leading search engine operators, Baidu and Sogou, were fined today for their negligence in publishing unchecked advertising for unlicensed medical services and private companies. The fines were imposed by the Shanghai Industrial and Commercial Bureau on charges of publishing false and illegal advertisements.

Netflix CEO: co-workers were affected by Trump travel ban

Netflix employees were personally affected by U.S. President Donald Trump’s attempt to ban people entering from seven Muslim countries, the company’s CEO said Tuesday. Reed Hastings has been a critic of the temporary travel ban, which Trump hopes to revive in a revised form this week, and told The Associated Press on Tuesday that some of his co-workers had gotten caught up in it.

[MWC] What to expect at Mobile World Congress 2017

IT and communications industry officials walk around to register for the Mobile World Congress 2017 at the Fira Gran Via Exhibition Center in Barcelona, Spain, on Sunday. BARCELONA — With the theme of “The next element,” Mobile World Congress 2017 kicks off Monday, with around 2,200 tech firms showcasing their new devices and technologies.

Frontline Ventures wraps up second fund

Dublin and London-based Frontline Ventures , an early-stage venture firm, has closed its second fund at 60 million euros. The firm backs B2B software companies, making investments that are between 200,000 euros and 3 million euros.

Deals of the day-Mergers and acquisitions

** Britain’s Centrica has completed its withdrawal from wind power generation with the sale of a 50 percent stake in the Lincs offshore wind farm to the Green Investment Bank and its offshore wind fund, the companies said. ** Private equity firms Advent and Bain Capital agreed to buy German payment group Concardis from a group of private, savings and cooperative banks, the parties said in a joint statement, not disclosing a purchase price.