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.
Over a couple of beers, O'Brien chatted frankly on the Telecoms.com podcast about his industry.
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”.
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.
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.
Innovation is not only poor, but it’s exhausting. That’s because there’s no real difference between innovation and capitalism anymore, something I think about every time I go to a public toilet or try to turn on a hob.
Now able to offer employee health and pension cover in 30 countries through a seamless online system, the start-up founded as Yonder believes it can grow this market with new funding led by Sweden’s EQT Ventures.
The Irish economy is nearing an inflection point. Multinational corporate tax receipts can no longer be taken for granted, and we need to develop new revenue streams. Like the gaming sector, we need to pick areas in which we can win – and then back them.
Richard Barnwell, who has transitioned from games studio founder to VC, discusses the unique challenges that games start-ups face in raising money.
What are Elon Musk’s plans for X, formerly known as Twitter? Nobody is sure. But the Holy Grail is an "everything app" used for, well, everything, from ordering food to organising your life to following the news.
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