Connected newsletter: Start-ups struggle to raise finance as state backs more male founders

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Connected at the Business Post is your source for the news that matters in technology and innovation, all told from an Irish perspective

Get Charlie Taylor’s Connected newsletter to your inbox each Friday to read the innovation and technology stories that matter to Irish business.Amazon has faced countless allegations of anti-competitive or monopolistic behaviour over the years, but has largely escaped unscathed to date. That may be about to change however, with news that the US Federal Trade Commission is going after it.

Meanwhile, the US Justice Department’s antitrust lawsuit against Google continues, with a blow to the company as the federal judge overseeing the case ruled that documents used during the trial can be published online each day. The Google trial is the biggest legal case against a big tech company in the US since the government’s suit against Microsoft in the 1990s.

Stripe might find it easy to access finance, but most Irish tech companies are struggling to do so, according to Scale Ireland. Martina Fitzgerald, the group’s chief executive, told an event on Wednesday that funding is the “number one issue” for tech firms here. Meta has confirmed its intention to go ahead with its expansion plans in Dublin, despite its UK arm spending £149 million to break a lease in London. It also officially showed off its new Oculus headset.

Did someone say approval? Bobby Healy’s Manna this week formally applied to the Civil Aviation Authority in Britain to get the go-ahead to provide drone deliveries there.

 

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