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Full coverage: Technology

Another one bites the dust: Symantec in $8.3bn double Irish liquidation

The US-based cybersecurity multinational recently renamed NortonLifeLock is winding up a multi-billion dollar Irish-registered subsidiary. None of its 500-plus Irish jobs are at risk, but the paper move illustrates the staggering sums routed through shifting tax structures.

Thomas Hubert
25th Jun, 2020 - 3 min read

War in the C-suite: Over-C blocked from dismissing CFO pending full trial

After raising €10 million from investors, Cork-based software company Over-C has been told by the High Court it cannot fire its chief financial officer pending a full trial. The case promises to shine a spotlight into the boardroom of the high-profile tech business led by Michael Elliott.

Tom Lyons
25th Jun, 2020 - 3 min read

“Consumers will trust in businesses that clearly say they care about your data” – Kieran raises $13.5m for privacy start-up

Irish entrepreneur Cillian Kieran's data privacy start-up Ethyca has just closed its second funding round. In an in-depth interview, he discusses dealing with investors in Wall St and Silicon Valley, doing business in the US amid a pandemic and civil rights protests – and disputes the suggestion that the liquidation of his previous business was a failure.

Thomas Hubert
11th Jun, 2020 - 17 min read

A wanted man: HP want Mike Lynch extradited to the US, while growing companies want both his investment and expertise

Despite having a billion-dollar court case and extradition hearings hanging over his head, Irish entrepreneur Mike Lynch continues to nurture the next generation of tech companies. In an exclusive interview, he discusses opportunities, AI, and the impact of his HP battle.

John Reynolds
9th Jun, 2020 - 22 min read

Microchip’s Maltese millions, its intellectual property moves and billion-dollar Irish subsidiary

One of the world’s leading manufacturers of electronic components has just invested another $1.5 billion in its Irish subsidiary and reported tax benefits dwarfing its actual profits for the second straight year. Could the two be related?

Thomas Hubert
8th Jun, 2020 - 5 min read

Amazon’s Irish empire: You may not be able to shop on Amazon in Ireland, but it sold €2.5bn of data storage from here last year

Unlike other tech multinationals, the US online retail and cloud computing behemoth has not chosen Ireland as its European corporate beachhead. Yet the group has quietly been ramping up a multi-billion data centre presence around Dublin, and is now moving into the renewable energy market.

Thomas Hubert
4th Jun, 2020 - 5 min read

Lyons on agriculture, climate and the fiscal response to Covid-19: “Listen to the experts”

The head of global agribusiness Alltech finds himself hosting the first virtual edition of his company’s popular annual industry conference. He discusses how food production can navigate “the next normal”, and why his $3 billion firm remains private even as it enters new areas of digital technology and medicine.

Thomas Hubert
22nd May, 2020 - 12 min read

Uber fires 140 in Limerick as tech giant lets go 3,000 people worldwide

Tech transporation giant Uber had built a team of over 500 people in Limerick since 2015. Now it has just let a large number of them go as the business cuts costs in reaction to Covid-19.

Tom Lyons
18th May, 2020 - 1 min read

Project Jailbreak: The inside story of how Dermot Smurfit Jnr floated $400m GAN on the Nasdaq amid a global crisis

Seventeen months ago, Dermot Smurfit’s gambling software business GAN was up for sale. When he could not get the price he believed it was worth, he doubled down and, following a string of corporate moves, listed the company on the Nasdaq in New York.

Tom Lyons
15th May, 2020 - 10 min read

Airbnb’s world is shaking – and it is anchored in Dublin

As the online short-term letting company lays off a quarter of its workforce, we examine what is known of its Irish-headquartered $2.4 billion international operations.

Thomas Hubert
7th May, 2020 - 4 min read
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