Web Summit loss - Blow to morale

THE announcement that the Web Summit is no longer to be based in Dublin, instead moving to Lisbon next year, is very disappointing though hardly surprising.

Nonetheless, it will be a huge loss not only to Dublin, but to Ireland as a whole, and not simply in terms of the massive economic loss to the capital.

It is also a very significant morale blow, being, as it was, at the dynamic cutting edge of that particular techno-stratosphere occupied by the likes of Google and Facebook.