Irish News

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Your crash course in... Facebook's mysterious cryptocurrency strategy

Here’s what we know about the tech giant’s plan to launch a digital token for payments.

FACEBOOK’S LONG-RUMOURED cryptocurrency appears to be taking shape.

BBC News reported today that the social network plans to launch a digital token in 2020, initially in 10 ...

today 16:07 open_in_new
'Something had to change': Rye River brewery has returned to profit with a European push

The Kildare company is back in the black after exiting contracts to make beer for third-parties.

AFTER A REJIG of its business, McGargle’s beer maker Rye River Brewing Company has returned to profitability after exiting contracts to produce brew for third-party brands.

The ...

today 14:01 open_in_new
The colossal plane-leasing sector says it's still hurting from Ireland's tax-haven status in Brazil

Brazilian tax officials blacklisted the Republic more than two years ago.

A GROUP REPRESENTING Ireland’s multibillion-euro aircraft leasing industry said the sector is still “adversely impacted” by Brazil’s decision to list Ireland as a tax haven more than two years ...

yesterday 18:04 open_in_new
SurveyMonkey has opened a cloud data centre in Dublin to shore up its European business

The company said its Irish office is at the ‘vanguard’ of its expansion plans this side of the Atlantic.

SURVEYMONKEY HAS LAUNCHED a cloud data centre in Dublin as it prepares to ramp up its European enterprise business, led from the Dublin office.

Tom Hale, president of ...

yesterday 12:49 open_in_new
Investment in Irish tech startups fell in the first quarter of the year, but the number of deals is up

The IVCA said the underlying trend was more positive, with seed funding rebounding by 23%.

VENTURE CAPITAL FUNDING for Irish tech startups dropped by 41% in the first three months of the year, according to new figures. 

However, Alex Hobbs, the chairman of the Irish Venture Capital ...

yesterday 09:40 open_in_new
Travel tech startup TrustaBit is planning to move from California to Clare

The young firm has completed the Propeller Shannon programme and signed a major partnership deal.

A CALIFORNIA-BASED TRAVEL tech startup specialising in flight disruption services plans to move to Clare as it announces a major strategic partnership and finalises several airline ...

yesterday 01:16 open_in_new
After a £14 million funding round, fintech outfit Modulr is using Dublin as a European launchpad

The company wants to bring ‘fast payments’ to Europe from Dublin.

BRITISH FINTECH COMPANY Modulr Finance is using Dublin as a springboard into Europe, following a £14 million scale-up investment lead by Frog Capital. 

Set up in 2015, Modulr provides an alternative to ...

2019-05-22 19:55 open_in_new
HubSpot has hit a signage snag at its new Dublin docklands office

The US giant hopes to emblazon the 112,000 sq ft unit with four signs, including a ‘logo sculpture’.

HUBSPOT HAS HIT a snag in its attempt to emblazon its new Dublin office with signage and a “logo sculpture” after city officials declared the tech giant’s planning ...

2019-05-22 15:43 open_in_new
'The mistakes I've made are when I follow my head, not my heart'

The director and co-founder of Blackwater Distillery talks mandolins, Brexit and procrastination.

AFTER A LONG career as a series producer at the BBC and then RTÉ, Peter Mulryan left broadcasting and started up a gin distillery in Waterford.

Mulryan founded Blackwater Distillery in ...

2019-05-22 03:04 open_in_new
Facebook is using VR Education's moon-landing experience as a launch title for the Oculus Quest

The Apollo 11 VR application allows users to recreate the moon-landing.

FACEBOOK HAS SELECTED virtual reality company VR Education’s moon-landing experience as a launch title for Oculus Quest headset, which makes its global debut today.

The Apollo 11 virtual reality (VR) ...

2019-05-21 19:43 open_in_new
Sligo medtech company Arrotek Medical has been snapped up by US outfit Galt

The deal will help the Irish company to expand globally.

ARROTEK, A SLIGO medical device designer and maker, has been acquired by US company Galt Medical, a subsidiary of Theragenics.

Based in Collooney, Arrotek works in the design, manufacture and regulatory compliance of ...

2019-05-21 17:37 open_in_new
Deeptech Seed Fund is preparing to go live with its first startup deal

It has ‘access to north of a $100 million’ to back European deep-tech startups.

DEEPTECH SEED FUND, a new tech investment fund helmed by Irishman Pearse Coyle, is preparing to close its first deal.

It is focusing on deep-tech, which is broadly defined as research- and ...

2019-05-21 14:28 open_in_new
Poll: Would you stop using a service that has undergone a major data breach?

The value of cybercrime damage is expected to hit €4.85 trillion annually according to recent figures.

EVERY WEEK, THERE seems to be a new story about data breaches and cyber-attacks affecting all types of businesses, from social media giants to hotels. 

The problem is only ...

2019-05-21 02:55 open_in_new
One of Ireland's oldest paint companies has launched a design collection in the US

General Paints invested €1 million into its new Curator premium designer paint collection.

GENERAL PAINTS HAS begun rolling out its design collection in the US as part of its push into the American market. 

The Celbridge-based company, founded in 1953, has invested €1 million in ...

2019-05-20 19:34 open_in_new
Labs have a lot of information to manage - PlanDomino thinks it has the answer

As part of our weekly Startup Spotlight series, we profile the Galway company.

WHILE WORKING AS a consultant in the life sciences sector, Greg Heaslip came across the recurring challenge of managing information and workflows in laboratories.

Many functions are still reliant on ...

2019-05-20 17:28 open_in_new
Bee-health startup ApisProtect is partnering with a satellite telco giant to go global

The company is working with British business Inmarsat to scale its hive-monitoring system.

BEE-HEALTH STARTUP APISPROTECT is partnering with global telecommunications giant Inmarsat to scale its hive-monitoring solutions across the globe. 

ApisProtect uses Internet of Things (IoT) ...

2019-05-20 16:25 open_in_new
Specialty coffee culture is booming in Ireland as the country catches on to a quality cup of joe

A new report cites the influx of tech workers as helping to drive up demand.

FOR STEPHEN DEASY, Ireland has gone from a tea nation to being at the pinnacle of specialty coffee in just a few years. 

It is five years since he and his wife Ruth, pictured, set up their first coffee shop ...

2019-05-19 17:19 open_in_new
Building testing firm BET has been scooped up by a UK backer to help it go international

The company has carried out compliance checks on Apple’s Cork headquarters.

WEXFORD’S BUILDING ENVELOPE Technologies (BET), a company that carries out safety tests on buildings such as Apple’s Cork headquarters, has been acquired by British business Phenna Group.

BET, ...

2019-05-18 17:10 open_in_new
Europe's gym economy is thriving. Here's how Ireland's is shaping up

The industry here is still largely made up of old-school leisure centres.

WITH CONSUMERS INCREASINGLY preoccupied by their physical health and well-being, Europe’s fitness industry is enjoying a golden age – but the Irish market still has some distance to go when it comes to reaching ...

2019-05-18 03:28 open_in_new
Dairy brand Glenilen Farm thinks there's still 'a lot of ground to conquer' in Brexit Britain

The market currently accounts for quarter of the Cork firm’s annual sales.

WITH AGRIFOOD TIPPED to be hit hard by Brexit, you’d be forgiven for thinking the couple behind yoghurt brand Glenilen Farm are spooked by the thought of what happens after Britain leaves the EU on 31 ...

2019-05-17 19:04 open_in_new
Sprout Social is hoping Dublin's housing shortage will ease as it announces 60 new jobs

The US company is the latest to expand in Ireland amid a flurry of job announcements.

AS IT ANNOUNCES 60 new jobs at its Dublin office, Sprout Social is hopeful that new supply will help ease pressure on the housing market. 

The US company’s plan is the latest in a number of job ...

2019-05-17 03:19 open_in_new