Technologyhttps://www.rte.ie/news/technology/en-ieRTÉ 2024-RTÉ Commercial Enterprises Ltd, Registration No: 155076, Donnybrook, Dublin 4, Ireland.Thu, 18 Jul 2024 11:10:39 +0100Nokia Q2 profit falls 32% on weak demand for telecom gearhttps://www.rte.ie/news/business/2024/0718/1460514-nokia-quarterly-results/Nokia has today reported a 32% drop in second-quarter operating profit, citing weak demand for 5G telecom equipment, but the Finnish telecoms group said sales should recover towards the end of 2024 with the help of orders from North America.Thu, 18 Jul 2024 07:07:55 +0100https://www.rte.ie/news/business/2024/0718/1460514-nokia-quarterly-results/BusinessTSMC quarterly profit soars 36%, beating expectationshttps://www.rte.ie/news/business/2024/0718/1460516-tsmc-quarterly-results/TSMC has today posted a 36% jump in second-quarter net profit that beat market expectations as the Taiwanese chipmaker rides a wave of demand for semiconductors used in artificial intelligence applications.Thu, 18 Jul 2024 07:14:25 +0100https://www.rte.ie/news/business/2024/0718/1460516-tsmc-quarterly-results/BusinessItaly probes Google over unfair commercial practiceshttps://www.rte.ie/news/business/2024/0718/1460518-italy-opens-google-probe/Italy's antitrust agency said tody it had launched an investigation into online search giant Google and its parent company Alphabet over alleged unfair commercial practices involving users' personal data.Thu, 18 Jul 2024 07:20:36 +0100https://www.rte.ie/news/business/2024/0718/1460518-italy-opens-google-probe/BusinessJust 15% of Irish firms 'fully compliant' with GDPRhttps://www.rte.ie/news/business/2024/0717/1460295-gdpr-digital-rules/Just 15% of businesses here say they are fully compliant with the European Union's General Data Protection Regulation (GDPR) rules.Wed, 17 Jul 2024 07:11:07 +0100https://www.rte.ie/news/business/2024/0717/1460295-gdpr-digital-rules/BusinessByteDance loses challenge against EU gatekeeper labelhttps://www.rte.ie/news/business/2024/0717/1460325-bytedance-loses-eu-gatekeeper-case/TikTok owner ByteDance has today lost its court challenge against its designation as a gatekeeper under landmark European Union rules, in a boost for antitrust regulators seeking to curb the power of Big Tech.Wed, 17 Jul 2024 09:46:25 +0100https://www.rte.ie/news/business/2024/0717/1460325-bytedance-loses-eu-gatekeeper-case/BusinessSurge of hate speech against athletes on social mediahttps://www.rte.ie/news/2024/0717/1460401-online-hate-speech-athletes/New research has revealed a surge of online hate speech targeting athletes on social media.Wed, 17 Jul 2024 13:54:33 +0100https://www.rte.ie/news/2024/0717/1460401-online-hate-speech-athletes/IrelandStripe's valuation hits $70 billion in Sequoia dealhttps://www.rte.ie/news/business/2024/0716/1460126-stripe-valuation-reaches-70-billion/Irish-founded payments platform Stripe's valuation has edged up to $70 billion as Sequoia Capital offers to buy shares from its investors looking to cash out of the fintech that helps merchants process customer payments.Tue, 16 Jul 2024 10:10:32 +0100https://www.rte.ie/news/business/2024/0716/1460126-stripe-valuation-reaches-70-billion/BusinessGovernment urged to change digital game tax credithttps://www.rte.ie/news/business/2024/0716/1460207-digital-games-tax/The Government is being urged to make changes to a digital game tax credit launched in 2022 in order to make it more attractive to the industry.Tue, 16 Jul 2024 14:57:01 +0100https://www.rte.ie/news/business/2024/0716/1460207-digital-games-tax/BusinessAmazon Prime Day sales set to hit record $14 billionhttps://www.rte.ie/news/business/2024/0715/1459996-amazons-prime-day/Shoppers are likely to spend roughly $14 billion during Amazon's Prime Day two-day shopping event this week, according to projections from Adobe Analytics, a firm that studies e-commerce transaction data.Mon, 15 Jul 2024 14:21:27 +0100https://www.rte.ie/news/business/2024/0715/1459996-amazons-prime-day/BusinessHigh Court orders X to provide details about accountshttps://www.rte.ie/news/business/2024/0712/1459597-high-court-orders-x-to-provide-details-about-accounts/The High Court has made orders directing the social media platform X, which was formerly Twitter, to provide details about four accounts on its platform to another social media service and two of its founders.Fri, 12 Jul 2024 15:50:57 +0100https://www.rte.ie/news/business/2024/0712/1459597-high-court-orders-x-to-provide-details-about-accounts/BusinessApple to let rivals use tap-and-go paymenthttps://www.rte.ie/news/business/2024/0711/1459324-apple-to-let-rivals-use-tap-and-ago-payment/Apple will open its tap-and-go mobile payments system to rivals, EU antitrust regulators have confirmed, ending a four-year long investigation that could have resulted in a hefty fine for the iPhone maker.Thu, 11 Jul 2024 10:33:57 +0100https://www.rte.ie/news/business/2024/0711/1459324-apple-to-let-rivals-use-tap-and-ago-payment/BusinessDenis O'Brien seeks court orders over "false" Meta adshttps://www.rte.ie/news/business/2024/0711/1459424-denis-obrien-seeks-court-orders-over-false-meta-ads/Businessman Denis O'Brien is seeking High Court orders requiring internet giant Meta to provide him with information about those behind allegedly "false and malicious" advertisements containing his name and image that have been posted on its platforms.Thu, 11 Jul 2024 17:39:04 +0100https://www.rte.ie/news/business/2024/0711/1459424-denis-obrien-seeks-court-orders-over-false-meta-ads/BusinessSamsung unveils new foldable phone featuring enhanced AIhttps://www.rte.ie/news/business/2024/0710/1459188-samsung-unveils-new-foldable-phone-featuring-enhanced-ai/Samsung has unveiled its latest foldable smartphones, making its priciest flagship model lighter and slimmer and bolstering AI functions as it challenges Apple's dominance in the premium market.Wed, 10 Jul 2024 14:30:57 +0100https://www.rte.ie/news/business/2024/0710/1459188-samsung-unveils-new-foldable-phone-featuring-enhanced-ai/BusinessMicrosoft ditches observer board seat at OpenAIhttps://www.rte.ie/news/business/2024/0710/1459110-microsoft-ditches-observer-board-seat-at-openai/Microsoft has ditched the board observer seat at OpenAI that has drawn regulatory scrutiny on both sides of the Atlantic, saying it was not necessary after the AI start-up's governance had improved significantly in the past eight months.Wed, 10 Jul 2024 08:05:41 +0100https://www.rte.ie/news/business/2024/0710/1459110-microsoft-ditches-observer-board-seat-at-openai/BusinessApple okays Epic Games marketplace app in Europehttps://www.rte.ie/news/business/2024/0708/1458746-apple-epic-apps-row/Apple said it has approved Epic Games' games marketplace app on iPhones and iPads in Europe, after the "Fortnite" maker escalated its feud with the technology giant, accusing it of hindering its efforts to set up a games store on the devices.Mon, 08 Jul 2024 07:06:35 +0100https://www.rte.ie/news/business/2024/0708/1458746-apple-epic-apps-row/BusinessMotorola Solutions to create 200 jobs at Cork R&D centrehttps://www.rte.ie/news/business/2024/0708/1458419-motorola-solutions-opens-rd-centre-in-cork/Motorola Solutions is opening a new research and development centre in Cork, which is expected to lead to the creation of up to 200 jobs.Mon, 08 Jul 2024 05:00:01 +0100https://www.rte.ie/news/business/2024/0708/1458419-motorola-solutions-opens-rd-centre-in-cork/BusinessOcado extends Aeon deal with plans for robotic warehousehttps://www.rte.ie/news/business/2024/0708/1458751-ocado-extends-aeon-deal-with-plans-for-robotic-warehouse/British online supermarket and technology group Ocado said today it had boosted its partnership with Japan's Aeon with plans to build a third robotic warehouse.Mon, 08 Jul 2024 07:29:20 +0100https://www.rte.ie/news/business/2024/0708/1458751-ocado-extends-aeon-deal-with-plans-for-robotic-warehouse/BusinessSlalom to create 300 tech jobs in next 3 to 5 yearshttps://www.rte.ie/news/business/2024/0708/1458775-shalom-to-create-300-irish-jobs/Global business and technology consulting company Slalom said it plans to create 300 new jobs in Ireland in the next three to five years.Mon, 08 Jul 2024 09:46:35 +0100https://www.rte.ie/news/business/2024/0708/1458775-shalom-to-create-300-irish-jobs/BusinessRocket using Irish technology systems launched into spacehttps://www.rte.ie/news/ireland/2024/0709/1458886-ariane-rocket/A new ESA rocket using Irish-designed technology has been launched into space, in a mission deemed a success, although it ended with the launcher coasting in orbit without releasing its final batch of payloads.Tue, 09 Jul 2024 07:00:01 +0100https://www.rte.ie/news/ireland/2024/0709/1458886-ariane-rocket/IrelandMeta, Vodafone optimise video to boost network efficiencyhttps://www.rte.ie/news/business/2024/0709/1458943-meta-working-with-vodafone/Instagram-owner Meta has worked with Vodafone to free up capacity on 11 of its European mobile networks by optimising the delivery of short-form video without noticeably compromising the viewing experience.Tue, 09 Jul 2024 09:35:24 +0100https://www.rte.ie/news/business/2024/0709/1458943-meta-working-with-vodafone/BusinessSamsung flags better-than-expected profit rise on AI boomhttps://www.rte.ie/news/business/2024/0705/1458344-samsung-quarterly-forecasts/Samsung Electronics has today estimated a more than 15-fold rise in its second-quarter operating profit, as rebounding semiconductor prices driven by the artificial intelligence boom lifted earnings from a low base a year ago.Fri, 05 Jul 2024 07:24:35 +0100https://www.rte.ie/news/business/2024/0705/1458344-samsung-quarterly-forecasts/BusinessEpic Games says Apple stalling launch of its game storehttps://www.rte.ie/news/business/2024/0705/1458427-epic-games-says-apple-stalling-launch-of-its-game-store/"Fortnite" maker Epic Games said today that Apple was impeding its attempts to set up a games store on iPhones and iPads in Europe, the latest escalation in a bitter feud over the technology giant's control of the iOS app ecosystem.Fri, 05 Jul 2024 13:04:05 +0100https://www.rte.ie/news/business/2024/0705/1458427-epic-games-says-apple-stalling-launch-of-its-game-store/BusinessConcerts, festivals, sport events boost eir's data usagehttps://www.rte.ie/news/business/2024/0704/1458101-eir-mobile-data-usage/Eir said it carried over 50 terabytes of data across its event mobile sites last weekend.Thu, 04 Jul 2024 08:05:27 +0100https://www.rte.ie/news/business/2024/0704/1458101-eir-mobile-data-usage/BusinessEQT to buy Keywords Studios in £2.2 billion dealhttps://www.rte.ie/news/business/2024/0703/1457864-keywords-studio-deal-agreed/Dublin-based video game services group Keywords Studios has agreed to a bid worth £2.2 billion from European private equity firm EQT, saying today it saw significant growth opportunities under EQT's ownership.Wed, 03 Jul 2024 07:27:39 +0100https://www.rte.ie/news/business/2024/0703/1457864-keywords-studio-deal-agreed/BusinessVodafone UK new Virgin Media O2 tie-up to ease concernshttps://www.rte.ie/news/business/2024/0703/1457865-vodafone-and-virgin-media-agree-new-network-sharing-deal/Britain's Vodafone and Virgin Media O2 have agreed to extend their network-sharing deal to the mid-2030s, including a spectrum shift that could help Vodafone to win regulatory approval for its tie-up with mobile operator Three.Wed, 03 Jul 2024 07:31:07 +0100https://www.rte.ie/news/business/2024/0703/1457865-vodafone-and-virgin-media-agree-new-network-sharing-deal/Business25% rise in revenues at Irish arm of Amazon Web Serviceshttps://www.rte.ie/news/business/2024/0701/1457440-25-rise-in-revenues-at-irish-arm-of-amazon-web-services/The Irish arm of Amazon Web Services' data centre business grew by €1.22 billion or 25% to €6.08 billion last year.Mon, 01 Jul 2024 05:00:01 +0100https://www.rte.ie/news/business/2024/0701/1457440-25-rise-in-revenues-at-irish-arm-of-amazon-web-services/BusinessMeta's pay or consent model breached EU tech ruleshttps://www.rte.ie/news/business/2024/0701/1457475-eu-charges-meta-over-pay-or-consent-ft-reports/Meta Platforms was charged by EU antitrust regulators today for failing to comply with landmark tech rules as they took aim at the US company's newly introduced pay or consent advertising model, already the target of privacy regulators and activists' ire.Mon, 01 Jul 2024 07:31:56 +0100https://www.rte.ie/news/business/2024/0701/1457475-eu-charges-meta-over-pay-or-consent-ft-reports/BusinessHow competitive is the Irish broadband market?https://www.rte.ie/brainstorm/2024/0701/1457491-ireland-broadband-market-competition-price-speed-availabilty/We should consider such factors as ease of movement between providers, increasing broadband speed and falling pricesMon, 01 Jul 2024 08:51:59 +0100https://www.rte.ie/brainstorm/2024/0701/1457491-ireland-broadband-market-competition-price-speed-availabilty/BroadbandKeywords Studios set to recommend takeover by EQThttps://www.rte.ie/news/business/2024/0628/1457078-keywords-studios-bid/Video game services group Keywords Studios said today it was willing to agree to a £1.96 billion takeover by EQT if the private equity firm made a formal offer at that price.Fri, 28 Jun 2024 07:51:08 +0100https://www.rte.ie/news/business/2024/0628/1457078-keywords-studios-bid/BusinessNokia taps AI boom with $2.3 billion Infinera dealhttps://www.rte.ie/news/business/2024/0628/1457115-nokias-bid-for-networking-gear-maker-infinera/Nokia's bid to buy US optical networking gear maker Infinera in a $2.3 billion deal puts the Finnish company on track to gain from the billions of dollars in investment pouring into data centres to cater to the rise of artificial intelligence.Fri, 28 Jun 2024 10:49:09 +0100https://www.rte.ie/news/business/2024/0628/1457115-nokias-bid-for-networking-gear-maker-infinera/BusinessGenAI potential recognised, but adoption rate lowhttps://www.rte.ie/news/business/2024/0625/1456454-genai-potential-recognised-but-adoption-rate-low/Business leaders continue to recognise Generative AI's potential to benefit their organisations, with over three-quarters expecting GenAI to have a positive impact on the economy in the years ahead.Tue, 25 Jun 2024 05:00:00 +0100https://www.rte.ie/news/business/2024/0625/1456454-genai-potential-recognised-but-adoption-rate-low/BusinessApple, Meta not in talks for AI partnership - Bloomberghttps://www.rte.ie/news/business/2024/0625/1456527-apple-meta-ai-talks/Apple has rejected overtures by Meta Platforms to integrate the social networking company's AI chatbot into the iPhone months ago, Bloomberg News reported today, citing people with knowledge of the matter.Tue, 25 Jun 2024 07:42:51 +0100https://www.rte.ie/news/business/2024/0625/1456527-apple-meta-ai-talks/BusinessPower Packed: Going green is making lithium the new oilhttps://www.rte.ie/news/business/2024/0626/1456775-lithium-battery-renewable/Lithium will be central to any attempts to decarbonise the planet but some doubt that we'll have enough of the finite resource, writes Adam Maguire.Wed, 26 Jun 2024 12:59:32 +0100https://www.rte.ie/news/business/2024/0626/1456775-lithium-battery-renewable/BusinessMicrosoft hit with EU antitrust charge over Teams apphttps://www.rte.ie/news/business/2024/0625/1456582-microsoft-facing-big-bundling-fine/Microsoft faces a hefty antitrust fine after the European Commission today accused it of illegally linking its chat and video app Teams with its Office product.Tue, 25 Jun 2024 12:16:31 +0100https://www.rte.ie/news/business/2024/0625/1456582-microsoft-facing-big-bundling-fine/BusinessTIMELINE - Microsoft's long battles with EU regulatorshttps://www.rte.ie/news/business/2024/0625/1456591-microsoft-fine-factfile/The European Commission has today charged Microsoft with illegally bundling its chat and video app Teams with its Office product.Tue, 25 Jun 2024 12:52:32 +0100https://www.rte.ie/news/business/2024/0625/1456591-microsoft-fine-factfile/Business14% of companies using AI to evaluate job applicationshttps://www.rte.ie/news/business/2024/0626/1456633-14-of-companies-using-ai-to-evaluate-job-applications/14% of companies are using artificial intelligence to evaluate job applications, new data shows.Wed, 26 Jun 2024 05:00:00 +0100https://www.rte.ie/news/business/2024/0626/1456633-14-of-companies-using-ai-to-evaluate-job-applications/BusinessAmazon hits $2 trillion in valuation for first timehttps://www.rte.ie/news/business/2024/0626/1456843-amazon-hits-2-trillion-in-valuation/Amazon.com hit $2 trillion in market value for the first time on Wednesday, becoming the fifth US company to surpass that level as optimism around artificial intelligence and potential interest rate cuts this year drove demand for technology-related stocks.Wed, 26 Jun 2024 17:50:31 +0100https://www.rte.ie/news/business/2024/0626/1456843-amazon-hits-2-trillion-in-valuation/Business8 out of 10 workers have used AI in their job - surveyhttps://www.rte.ie/news/business/2024/0624/1456254-ai-work-survey/Eight out of ten employees have used artificial intelligence in the workplace, according to a new survey.Mon, 24 Jun 2024 00:01:00 +0100https://www.rte.ie/news/business/2024/0624/1456254-ai-work-survey/BusinessApple's App Store rules breach EU tech rules - regulatorhttps://www.rte.ie/news/business/2024/0624/1456350-apples-app-store-breaches-eu-rules/Apple's App Store rules breach EU tech rules because they prevent app developers from steering consumers to alternative offers, EU antitrust regulators said today, a charge that could result in a hefty fine for the iPhone maker.Mon, 24 Jun 2024 08:50:11 +0100https://www.rte.ie/news/business/2024/0624/1456350-apples-app-store-breaches-eu-rules/BusinessAre connected cars the future of transportation?https://www.rte.ie/brainstorm/2024/0624/1456337-connected-cars-data-information-vehicular-content-centric-networking/Connected cars would allow for the fast and efficient exchange of data about traffic, weather, parking and other issuesMon, 24 Jun 2024 12:25:59 +0100https://www.rte.ie/brainstorm/2024/0624/1456337-connected-cars-data-information-vehicular-content-centric-networking/TransportCourt dismisses claim about DPC investigation into Googlehttps://www.rte.ie/news/business/2024/0624/1456464-court-dismisses-claim-about-dpc-investigation-into-google/The Court of Appeal has dismissed a claim that the Data Protection Commission failed to fully investigate a complaint made to it several years ago about an alleged massive data breach by the internet giant Google.Mon, 24 Jun 2024 18:20:54 +0100https://www.rte.ie/news/business/2024/0624/1456464-court-dismisses-claim-about-dpc-investigation-into-google/BusinessNvidia loses top spot to Microsoft after 3% drophttps://www.rte.ie/news/business/2024/0621/1455904-nvidia-shares-dip/Nvidia's shares declined nearly 3.4% on Wall Street last night, handing the title of the world's most valuable company back to Microsoft.Fri, 21 Jun 2024 07:53:17 +0100https://www.rte.ie/news/business/2024/0621/1455904-nvidia-shares-dip/BusinessComReg launches new online Broadband Checker toolhttps://www.rte.ie/news/business/2024/0620/1455724-comregs-broadband-checker/The Commission for Communications Regulation has made available an online consumer resource called Broadband Checker (comreg.ie/broadbandchecker).Thu, 20 Jun 2024 11:30:47 +0100https://www.rte.ie/news/business/2024/0620/1455724-comregs-broadband-checker/BusinessNvidia eclipses Microsoft as world's most valuable firmhttps://www.rte.ie/news/business/2024/0619/1455460-nvidia-now-worlds-most-valuable-company/Nvidia became the world's most valuable company last night, dethroning tech heavyweight Microsoft as its high-end processors play a central role in a scramble to dominate artificial intelligence technology.Wed, 19 Jun 2024 07:05:41 +0100https://www.rte.ie/news/business/2024/0619/1455460-nvidia-now-worlds-most-valuable-company/BusinessAmazon invests €10 billion to expand German operationshttps://www.rte.ie/news/business/2024/0619/1455574-amazon-to-invest-10-billion-in-germany/Amazon will invest €10 billion in Germany as demand for its cloud services and retail goods in Europe's biggest economy keeps growing, the US technology and retail company said today.Wed, 19 Jun 2024 14:52:36 +0100https://www.rte.ie/news/business/2024/0619/1455574-amazon-to-invest-10-billion-in-germany/BusinessUS sues Adobe for hiding fees, making it hard to cancelhttps://www.rte.ie/news/business/2024/0618/1455269-us-government-sues-adobe/The US government has sued Adobe, accusing the Photoshop and Acrobat maker of harming consumers by concealing hefty termination fees in its most popular subscription plan, and making it difficult to cancel subscriptions.Tue, 18 Jun 2024 07:09:43 +0100https://www.rte.ie/news/business/2024/0618/1455269-us-government-sues-adobe/BusinessCÚRAM delivers 12-fold return on government investmenthttps://www.rte.ie/news/business/2024/0618/1455206-curam-delivers-12-fold-return-on-government-investment/An economic report on CÚRAM, the Science Foundation Ireland research centre for medical devices, puts its value to the economy at €756m.Tue, 18 Jun 2024 05:00:00 +0100https://www.rte.ie/news/business/2024/0618/1455206-curam-delivers-12-fold-return-on-government-investment/BusinessPayPal to cut a further 85 Irish-based jobshttps://www.rte.ie/news/business/2024/0618/1455353-paypal-to-cut-85-ireland-based-jobs/Payments company PayPal has announced plans to cut a further 85 Irish-based jobs.Tue, 18 Jun 2024 12:28:31 +0100https://www.rte.ie/news/business/2024/0618/1455353-paypal-to-cut-85-ireland-based-jobs/BusinessCyber security firm founded by hackers valued at $1.5bnhttps://www.rte.ie/news/business/2024/0618/1455367-cyber-security-firm-founded-by-hackers-valued-at-1-5bn/Huntress, the small business-focused cyber security startup founded by former hackers for the US government, was valued at over $1.5 billion after raising $150 million in its latest funding round.Tue, 18 Jun 2024 13:34:50 +0100https://www.rte.ie/news/business/2024/0618/1455367-cyber-security-firm-founded-by-hackers-valued-at-1-5bn/BusinessIMF wants social safety net to 'broaden' gains from AIhttps://www.rte.ie/news/business/2024/0617/1455179-imf-on-ai/Fiscal policy has a "major role to play" in broadening the financial gains from generative AI technology and preventing a spike in wealth inequality, the IMF today.Mon, 17 Jun 2024 14:34:56 +0100https://www.rte.ie/news/business/2024/0617/1455179-imf-on-ai/Business