Meta forecasts bigger capital costs next year Meta has forecast "notably larger" capital expenses next year thanks to investments in artificial intelligence, including aggressively building data centres to power its AI push. Business • 18 mins
Meta forecasts bigger capital costs next year Meta has forecast "notably larger" capital expenses next year thanks to investments in artificial intelligence, including aggressively building data centres to power its AI push. Business • 18 mins
Microsoft's massive AI spending draws investor concerns Microsoft's AI infrastructure spending to meet growing cloud services demand is outpacing Wall Street expectations, deepening investor fears about the costs of sustaining the boom. Business • 8 hrs
Microsoft's massive AI spending draws investor concerns Microsoft's AI infrastructure spending to meet growing cloud services demand is outpacing Wall Street expectations, deepening investor fears about the costs of sustaining the boom. Business • 8 hrs
Irish VC activity stable in Q3 - KPMG report There were fewer venture capital deals involving Irish companies in the third quarter, but the combined value of those deals increased, according to the latest VenturePulse survey from KPMG. Business • 29 Oct
Irish VC activity stable in Q3 - KPMG report There were fewer venture capital deals involving Irish companies in the third quarter, but the combined value of those deals increased, according to the latest VenturePulse survey from KPMG. Business • 29 Oct
Nvidia storms past $5 trillion valuation on AI boom Nvidia made history today as the first company to reach $5 trillion in market value, powered by a stunning rally that has cemented its place at the centre of the global artificial intelligence boom. Business • 23 hrs
Nvidia storms past $5 trillion valuation on AI boom Nvidia made history today as the first company to reach $5 trillion in market value, powered by a stunning rally that has cemented its place at the centre of the global artificial intelligence boom. Business • 23 hrs
150 job cuts at Amazon Ireland, 14,000 to go worldwide Around 150 employees at Amazon in Ireland are set to be impacted as a result of job cuts at the company, RTÉ News understands. Business • 29 Oct
150 job cuts at Amazon Ireland, 14,000 to go worldwide Around 150 employees at Amazon in Ireland are set to be impacted as a result of job cuts at the company, RTÉ News understands. Business • 29 Oct
Apple races past $4 trillion market value Apple topped $4 trillion in market value for the first time today, the third Big Tech company to hit the milestone, as robust demand for its latest iPhone models allayed fears over its slow progress in the AI race. Business • 28 Oct
Apple races past $4 trillion market value Apple topped $4 trillion in market value for the first time today, the third Big Tech company to hit the milestone, as robust demand for its latest iPhone models allayed fears over its slow progress in the AI race. Business • 28 Oct
Microsoft, OpenAI reach new deal valuing OpenAI at $500bn Microsoft and OpenAI have today reached a deal to allow the ChatGPT maker to restructure itself into a public benefit corporation, valuing OpenAI at $500 billion and giving it more freedom in its business operations. Business • 28 Oct
Microsoft, OpenAI reach new deal valuing OpenAI at $500bn Microsoft and OpenAI have today reached a deal to allow the ChatGPT maker to restructure itself into a public benefit corporation, valuing OpenAI at $500 billion and giving it more freedom in its business operations. Business • 28 Oct
Nvidia's $1 billion stake sends Nokia to decade high Nvidia will pay $1 billion for a stake of 2.9% in Nokia as part of a deal focused on AI and data centers, the Finnish telecom equipment maker said as its shares hit their highest level in nearly a decade. Business • 29 Oct
Nvidia's $1 billion stake sends Nokia to decade high Nvidia will pay $1 billion for a stake of 2.9% in Nokia as part of a deal focused on AI and data centers, the Finnish telecom equipment maker said as its shares hit their highest level in nearly a decade. Business • 29 Oct
Intel beats Q3 profit estimates on cost cuts, investments Intel has beaten expectations for September-quarter profit as CEO Lip-Bu Tan's drastic cost-cutting measures helped the chipmaker shore up its finances amid a slew of high-profile investments in the company. Business • 24 Oct
Intel beats Q3 profit estimates on cost cuts, investments Intel has beaten expectations for September-quarter profit as CEO Lip-Bu Tan's drastic cost-cutting measures helped the chipmaker shore up its finances amid a slew of high-profile investments in the company. Business • 24 Oct
EU finds Meta and TikTok in breach of transparency rules The European Commission has issued preliminary findings that both TikTok and Meta are in breach of their obligations to grant researchers adequate access to public data under the Digital Services Act (DSA). Business • 24 Oct
EU finds Meta and TikTok in breach of transparency rules The European Commission has issued preliminary findings that both TikTok and Meta are in breach of their obligations to grant researchers adequate access to public data under the Digital Services Act (DSA). Business • 24 Oct
Tesla profit falls short despite record sales Tesla has reported record third-quarter revenue that beat Wall Street estimates, driven by the highest quarterly sales of its electric vehicles as US buyers rushed to lock in a key tax credit ahead of its expiry last month. Business • 23 Oct
Tesla profit falls short despite record sales Tesla has reported record third-quarter revenue that beat Wall Street estimates, driven by the highest quarterly sales of its electric vehicles as US buyers rushed to lock in a key tax credit ahead of its expiry last month. Business • 23 Oct
IBM's slowing cloud growth eclipses upbeat Q3 results IBM has recorded a slowdown in growth in its key cloud software segment, overshadowing booming AI-driven demand for the company's new mainframe that pushed third-quarter sales and profit above market estimates. Business • 23 Oct
IBM's slowing cloud growth eclipses upbeat Q3 results IBM has recorded a slowdown in growth in its key cloud software segment, overshadowing booming AI-driven demand for the company's new mainframe that pushed third-quarter sales and profit above market estimates. Business • 23 Oct
Nokia posts profit beat as AI, cloud demand boost sales Finland's Nokia has today reported third-quarter profit well ahead of expectations, helped by strong optical and cloud demand, including sales to AI-driven data centres after its Infinera acquisition. Business • 23 Oct
Nokia posts profit beat as AI, cloud demand boost sales Finland's Nokia has today reported third-quarter profit well ahead of expectations, helped by strong optical and cloud demand, including sales to AI-driven data centres after its Infinera acquisition. Business • 23 Oct
Apple loses UK lawsuit over app store commissions Apple has lost a London lawsuit accusing the US tech company of abusing its dominant position by charging app developers an unfair 30% commission through its app store. Business • 23 Oct
Apple loses UK lawsuit over app store commissions Apple has lost a London lawsuit accusing the US tech company of abusing its dominant position by charging app developers an unfair 30% commission through its app store. Business • 23 Oct
Netflix shares dip as Brazilian tax dispute hits earnings Netflix missed Wall Street's third-quarter earnings targets because of an unexpected expense from a Brazilian tax dispute while it offered a forecast a touch ahead of Wall Street projections for the rest of the year. Business • 22 Oct
Netflix shares dip as Brazilian tax dispute hits earnings Netflix missed Wall Street's third-quarter earnings targets because of an unexpected expense from a Brazilian tax dispute while it offered a forecast a touch ahead of Wall Street projections for the rest of the year. Business • 22 Oct
Ireland officially joins CERN as associate member state Ireland has officially joined the European Organisation for Nuclear Research as an associate member state. Ireland • 22 Oct
Ireland officially joins CERN as associate member state Ireland has officially joined the European Organisation for Nuclear Research as an associate member state. Ireland • 22 Oct
Workvivo records €20.7m 'in period of accelerated growth' The Cork-headquartered arm of all-in-one employee experience platform software company Workvivo last year recorded pre-tax profits of €20.7m "in a period of accelerated growth". Business • 22 Oct
Workvivo records €20.7m 'in period of accelerated growth' The Cork-headquartered arm of all-in-one employee experience platform software company Workvivo last year recorded pre-tax profits of €20.7m "in a period of accelerated growth". Business • 22 Oct
Apple hit with EU antitrust complaint Apple was hit with a complaint to EU antitrust regulators by two civil rights groups today over the terms and conditions of its App Store and devices for allegedly breaching landmark rules aimed at reining in Big Tech. Business • 22 Oct
Apple hit with EU antitrust complaint Apple was hit with a complaint to EU antitrust regulators by two civil rights groups today over the terms and conditions of its App Store and devices for allegedly breaching landmark rules aimed at reining in Big Tech. Business • 22 Oct
Meta cutting hundreds of roles in AI unit Meta is cutting around 600 positions out of the several thousand roles in its Superintelligence Labs, the Facebook owner said today as it looks to make its artificial intelligence unit more flexible and responsive. Business • 22 Oct
Meta cutting hundreds of roles in AI unit Meta is cutting around 600 positions out of the several thousand roles in its Superintelligence Labs, the Facebook owner said today as it looks to make its artificial intelligence unit more flexible and responsive. Business • 22 Oct
Call for national AI office to be independent of govt The Irish Council for Civil Liberties has called for an independent national Artificial Intelligence office to enforce the EU AI Act. Business • 21 Oct
Call for national AI office to be independent of govt The Irish Council for Civil Liberties has called for an independent national Artificial Intelligence office to enforce the EU AI Act. Business • 21 Oct
Girls in single-sex schools face STEM access gaps More than half of girls in single-sex schools see limited subject choice as a barrier to pursuing careers in science, technology, engineering and maths, according to a new survey. Business • 21 Oct
Girls in single-sex schools face STEM access gaps More than half of girls in single-sex schools see limited subject choice as a barrier to pursuing careers in science, technology, engineering and maths, according to a new survey. Business • 21 Oct
Social Finance Foundation reaches €260m lending milestone A non-profit body that provides loan finance for community organisations has reached a lending milestone of more than €260 million. Business • 21 Oct
Social Finance Foundation reaches €260m lending milestone A non-profit body that provides loan finance for community organisations has reached a lending milestone of more than €260 million. Business • 21 Oct
New cybersecurity apprenticeship for local government A new tailored IT apprenticeship for city and county council workers has been launched to boost cybersecurity in local government. Ireland • 21 Oct
New cybersecurity apprenticeship for local government A new tailored IT apprenticeship for city and county council workers has been launched to boost cybersecurity in local government. Ireland • 21 Oct
Apple closes in on $4 trillion valuation on strong demand Apple shares surged to an all-time high last night, with the iPhone maker close to becoming the third company to hit a $4 trillion market valuation as data showed strong momentum for the latest iPhone. Business • 21 Oct
Apple closes in on $4 trillion valuation on strong demand Apple shares surged to an all-time high last night, with the iPhone maker close to becoming the third company to hit a $4 trillion market valuation as data showed strong momentum for the latest iPhone. Business • 21 Oct
Half of workers confident in spotting phishing attacks Just half of Irish office workers are confident in their ability to identify phishing attacks, new research shows. Business • 21 Oct
Half of workers confident in spotting phishing attacks Just half of Irish office workers are confident in their ability to identify phishing attacks, new research shows. Business • 21 Oct
