Virgin Media has become the first brand to have a traditional TV advertisement in 360 degree on the Apple TV platform. Created by leading Irish advertising agency, Irish International BBDO,
Company News
The Guinness Enterprise Centre (GEC) has been ranked the world’s Top University Associated Business Incubator in the prestigious UBI Global rankings. The award was presented at an awards ceremony in
Technology corporation, Microsoft has reported quarterly revenue and profit that beat analysts’ expectations, driven by aggressive cost cutting and growing demand for its cloud products and services. Microsoft chief executive
Siemens has received two contracts for the supply of wind turbines for two projects located in Ireland. Under the first contract, Siemens will supply and install 36 Siemens D3 direct
Dalata Hotel Group has agreed a deal to buy the leasehold interest of four hotels for an enterprise value of €40m. The four hotels are the Gibson Hotel Dublin, the
Facebook has said it will begin building a data centre near Clonee, Co Meath, which will create hundreds of temporary construction jobs and dozens of other permanent operations positions. The decision
160 jobs have been announced by technology companies in Galway and Cork. Two technology companies in Galway, Ice Cube and Tec Support, have announced they will merge and their planned expansion
Tyco International and Johnson Controls announced today they will merge in a tax-saving deal. The deal combines Tyco’s operations in security and fire safety with Johnson’s businesses, which include energy storage. The
Mining and energy company Vedanta Resources said its Lisheen mine in Co Tipperary made its final shipment last week, completing planned closure of the site. Vedanta Resources, which also produces
Internet giant Google has agreed a £130 million deal with the UK taxman to pay money it has owed for the last decade. The US online search firm said it
Enniscorthy-based Taoglas, an Irish technology firm which specialises in wireless antennas, is opening a $2m facility in San Diego. The new design and testing site is said by Taoglas to
Amazon is to hire 2,500 permanent staff in the UK this year, boosting its workforce there to more than 14,000. They will be employed across the country – including its
Apple CEO Tim Cook had a private meeting with the European Union’s antitrust chief Margrethe Vestager as EU regulators close in on a final decision into the iPhone-maker’s tax deals
Aerial drones with sophisticated cameras are being used for controlled flights over the €115m expansion of the Bausch + Lomb facility in Waterford as part of a pioneering new collaboration
Dublin BIC today announces dispatch technology company iCabbi is targeting €15M annual recurring revenue (ARR) within two years with expansion in the UK and US. The company has seen exponential
Salesforce, the Customer Success Platform and world’s #1 CRM company, today announced a partnership with (RED) and a $5 million commitment to The Global Fund to fight AIDS. This commitment
The Musgrave Group is to buy a Wexford food service business. The acquisition of Wexford-based C.J. O’Loughlin Quality Foods is subject to being cleared by the Competition Authority. C.J. O’Loughlin Quality
Vodafone is entering the TV market in Ireland for the first time. The service will cost €40 a month for the company’s broadband customers, and Netflix or Setanta Sports can be
Barclays has announced a new round of job cuts to its investment banking business worldwide which would result in a complete exit from cash equities in Asia, an internal memo reviels.
The IMF has opened formal nominations for the next term of managing director, with incumbent Christine Lagarde seen as the leading candidate despite possibly facing a trial in France. The International Monetary
Troubled British education publisher Pearson plans to cut 4000 jobs, cap its dividend and restructure yet again after cutting earnings forecasts for 2015 and 2016. Pearson has announced a string of
Streaming giant Spotify announced that it plans to acquire two companies, Irish Soundwave and Cord Project. It says this will help it build a great music experience. Neither company is
Rentokil is advising householders to be vigilant against rats, mice and other pests that are displaced from sewers, drains and rivers during the floods resulting from recent storms and the
Goldman Sachs Group’s profit slumped for the third quarter in a row as a $5 billion settlement of crisis-era legal
According to a survey of urban and rural neighbourliness by FBD entitled “Rooted in the Community”, 88% of farmers say that
The Clarion Hotel in Sligo has been sold to the Dalata Hotel Group for €13m. The four-star hotel was offered for
Argos owner Home Retail Group, which is being pursued by supermarket Sainsbury’s, has agreed to sell DIY chain Homebase to
French company Renault will recall more than 15,000 vehicles to make changes to their engines to bring them into line with
Irish telecoms provider Pure Telecom is celebrating its most successful year in business since it started in 2002. Over the
Concerns about slowing revenue growth in Intel’s highly profitable data center business overshadowed its strong quarterly profit, sending its shares
Shareholders are expected to make €73m following the sale of UTV to ITV, a company statement said. UTV Media has agreed
Aramark, the global provider of award-winning services in food, facilities management and property has announced that Irish Olympic hopeful Natalya
General Electric is cutting up to 6,500 jobs in Europe after buying a big chunk of France’s Alstom. The move has
UK oil and gas company BP has announced plans to cut back 5% of its global workforce in the face
Chinese conglomerate Dalian Wanda Group has acquired US film studio Legendary Entertainment for about $3.5 billion. The deal will turning the
The head of UTV Ireland, Mary Curtis has announced she will step-down from her role in February after a difficult first
Keith McLoughlin, the boss of Swedish home appliances maker Electrolux announced today he will retire a month after the biggest
Michael Noonan, the Minister of Finance, today officially opened Uber’s Centre of Excellence (CoE) in Thomas Street, Limerick. The Centre
Irish airline Ryanair is to open a new base at Belfast Belfast International Airport from March with flights to London’s
Apple Inc. has purchased Emotient Inc., a startup that uses artificial-intelligence technology to read people’s emotions by analyzing facial expressions.
The National Treasury Management Agency say they have raised €3bn through the sale of a new 10-year benchmark treasury bond.
Movie streaming giant Netflix is operating its streaming TV service in 190 countries, with the addition of 130 new markets, the
Marc Bolland will step down as the CEO of Marks & Spencer in April, bringing an end to six difficult
Virgin Media named the Commercial Director of TV3, Pat Kiely – the new Managing Director of the station. Mr Kiely
Irish packaging giant Smurfit Kappa has announced the acquisition of two Brazilian integrated paper-based packaging businesses in a deal worth
Irish-listed drinks group Diageo has completed the sale of its major wine interests in the US and the UK to one of
Nokia Corp. has secured the authorization from France’s securities watchdog for its 15.6 billion euro takeover offer for Alcatel-Lucent SA, clearing
Irish investment firm Lioncourt has acquired Dublin-based English language school ECM College. In a statement the company said the deal represents
Spanish thermal solar power and electrical engineering firm Abengoa has signed an agreement with its creditor banks for a €106m
Irish oil producer Petroceltic has hired bankers to conduct a strategic review, including a sale, after tumbling oil prices hurt
The developer of internet gaming software, GameAccount Network (GAN), headed up by Dermot Smurfit Jnr, has signed an agreement with
Japanese electronics company Toshiba announced it will cut nearly 7,000 consumer electronics jobs after a $1.3 billion accounting scandal. The moves
Finnish company Powerflute, 36% owned by Smurfit, has engaged in takeover talks with Madison Dearborn Partners, which made a preliminary
Sports Direct founder, Mike Ashley is to oversee a review of all agency workers’ terms and conditions at the company. The
Business software maker Oracle Corp delivered a third-quarter profit forecast this Wednesday that did not quite meet analysts’ expectations, and
The National Asset Management Agency predicts a €2 billion surplus by the time it completes its work, according to management at the
Two digital giants, Uber and Facebook partnered to allow Messenger users to call Uber cars without leaving the Facebook-owned Messenger app.