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Full coverage: Technology

EU court quashes €13bn Apple decision against Ireland – and leaves the door wide open to an appeal

Judges in Luxembourg have found that the European Commission failed to prove Irish tax deals with Apple were illegal. The main reason? Investigators didn’t go far enough in their probing of the Revenue’s “incomplete and occasionally inconsistent” rulings.

Thomas Hubert
15th Jul, 2020 - 2 min read

A corporate Cadence: How moving billions’ worth of IP to Ireland doubled a Silicon Valley firm’s annual profit

An Irish subsidiary of professional software multinational Cadence recently disclosed new balance sheet data in routine filings associated with a merger. They showed its assets had just jumped by $4.7 billion.

Thomas Hubert
1st Jul, 2020 - 5 min read

Hostelworld finds backers, but not among its own ranks

The Dublin-based online backpackers’ booking service this week rallied investors and banks to see it through the pandemic. Yet despite commitments to build significant personal stakes in the business, the company’s executive directors have yet to do so.

Thomas Hubert
26th Jun, 2020 - 4 min read

Going, going, gone: The race is on to get Ireland’s 100 marts online

Live streams, smartphone bids and USB gavels became features of livestock sales as soon as the Covid-19 lockdown closed marts to the public. Technology providers are vying for this business, which appears to be here to stay.

Thomas Hubert
26th Jun, 2020 - 8 min read

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
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