Former RTÉ journalist Mark Little has sold Storyful, the social media news agency he founded, to Rupert Murdoch’s News Corp for €18m.

Carnew’s hurlers unbeaten SHC run was shattered as they crashed to an eight-point defeat (1-14 to 0-9) to Avondale at Aughrim.

Profits at Dublin-based online news agency Storyful are “firmly within sight”.

The new Galaxy S4 could outperform the iPhone, experts claimed, after Samsung took its battle with Apple on to its rival’s home turf in a theatrical show of force.

The online news agency established by former RTÉ presenter Mark Little is to double revenues in 2012 and expects to do so again in 2013.

Bonus payments to the four executives leading online travel firm hostelworld.com last year increased more than 12-fold to over €600,000, figures show.

Avondale have set up a semi-final with Wicklow SHC champions Glenealy following victory over Kiltegan (3-6 to 1-10) at Arklow.

THE founders of Startup bootcamp used yesterday’s Dublin Web Summit to announce the addition of Ireland to its growing list of locations. The venture by the technology entrepreneurship mentoring programme, which started in Copenhagen, acts as a high level incubation centre for technology start-ups.

THE sale of Irish online accommodation reservation company, Web Reservations International (WRI), to US private equity house, Hellmann & Friedman has netted its founders and former owners – most notably former chief executive, Ray Nolan – nearly $500m (€335m).

WEB Reservations International (WRI), which owns several online accommodation booking websites, increased its profits by almost 30% in 2006.

AN Irish company, which is the world leader in hostel bookings, is set to double in size to cope with the demand, it emerged today.

An Irish company, which is the world leader in hostel bookings, is set to double in size to cope with demand, it emerged today.

THE online booking company Web Reservations International (WRI) has secured funding from the US venture capital firm Summit Partners.

UK software company Sage has agreed to purchase a Dublin based software firm, Denver Manufacturing.

Hostelworld.com is to provide Ryanair passengers with an online reservations facility. Through its website, Ryanair.com, customers will now have access to over 3,000 hostels throughout Europe.