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Full coverage: Technology

IBM’s downsizing Irish office frees up €4.5bn for distribution

The IT multinational may be selling its Dublin campus, but it still has plenty of accumulated profits in Ireland to send back to headquarters.

Thomas Hubert
18th Dec, 2023 - 2 min read

Green jersey with a drop of malt: The growing team tasked with handling “Riot tax”

US-headquartered, Chinese-owned Riot Games is hiring to beef up its third global tax team in Dublin, where intellectual property has turned its office into a billion-euro business.

Thomas Hubert
14th Dec, 2023 - 3 min read

What did Meta do with its €3.7bn Irish dividend?

The social media giant re-invested half of the profits distributed by its Dublin advertising business last year. Ireland itself is the main destination of this splurge on cloud infrastructure.

Thomas Hubert
12th Dec, 2023 - 4 min read

The auditor of Inex is “unwilling” to be reappointed

Inex is a non-for-profit organisation that helps keep Ireland's internet connected. The auditor has resigned of an entity that has over 100 members including some of the biggest tech companies in the world.

Tom Lyons
8th Dec, 2023 - 2 min read

Cubic Telecom’s sales are taking off. That’s why SoftBank is putting a €927m price tag on it

This year, Cubic Telecom is on track to sell 31 per cent of all the units it sold between 2005 and 2022. That extraordinary growth is why SoftBank is buying a majority shareholding.

Sean Keyes
5th Dec, 2023 - 3 min read

Can’t leave Bermuda: The low-tax legacy of Dell’s double Irish past

Using a green Bermuda corporate structure, the US group’s lucrative EMC cloud division is continuing to shift $8.6 billion and counting in profits from sales booked in Cork to the zero-tax Caribbean jurisdiction.

Thomas Hubert
5th Dec, 2023 - 5 min read

“The telecoms business is bolloxed everywhere”: Denis O’Brien on absentee regulators, mollycoddled plutocrats, and his rise and fall in the Caribbean

Over a couple of beers, O'Brien chatted frankly on the Telecoms.com podcast about his industry.

Sean Keyes
29th Nov, 2023 - 5 min read

More revenue, but less taxable profit: The stall in tech growth through Google’s Irish accounts

Alphabet group companies in Dublin have paid nearly €10bn in dividends to their US parents in the past two years. Much like the hiring spree that preceded them, they were part of “a different economic reality”.

Thomas Hubert
29th Nov, 2023 - 6 min read

NBI management in line for bonuses of up to €37.5m as broadband roll-out accelerates

The National Broadband Plan’s contractor is speeding up the construction of its network and the connection of paying customers. An incentive scheme is fully funded to reward its senior staff.

Thomas Hubert
23rd Nov, 2023 - 3 min read

Depop disaster: Why an Irish subsidiary of Etsy booked a $1.4bn write-off

Two years ago, the popular homeware and gifts marketplace branched into fashion with a $1.6bn UK acquisition. The Dublin holding company conducting the deal has now wiped 90% off its value.

Thomas Hubert
1st Nov, 2023 - 3 min read
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