DUP leader Peter Robinson is due to appear before Stormont’s inquiry into the sale of NAMA’s ‘Project Eagle’ portfolio later this morning.
The politician has become embroiled in the controversy surrounding the sale of the portfolio to Cerberus.
Daithí McKay - the Chairman of the Inquiry of has warned that NAMA’s position that it will not appear before the Stormont committee is - “increasingly untenable.”
It says that although it has given written evidence - there are still questions that need to be answered - regardless of arguments over jurisdiction.
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Logentries - a company which emerged from UCD’s Nova innovation centre has been acquired in a deal worth $68m dollars - that’s almost €60m euro.
The company makes software which analyses software data. It is now headquartered in Boston - and has been bought by Rapid7.
The company says that most of its staff - including all its engineering and development team in Dublin - are now Rapid7 employees.
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Yesterday Twitter announced plans to cut 336 jobs - as part of its measures to reduce costs.
It has emerged that some employees learned that they lost their jobs when they woke up yesterday with error messages on their phones asking them to re-log in to their work email accounts.
They were then greeted with a message on their phones saying - “You have been removed from Twitter Inc.”
Staff members were subsequently contacted directly by the company.
It is not clear if its Irish operation will be affected by this announcement - Twitter employs over 200 people here.
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New accounts filed by Unilever Ireland show the firm recorded a pre-tax profit of €6.3m last year - that’s up from a pre-tax loss of €8.9m in 2013.
That is a €15.2m turn around in 12 months - the losses in 2013 related to exceptional restructuring costs of €11m.
Three million Irish consumers use a Unilever product every day - its brands include Knorr, Hellman’s and Flora.
