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Silicon Docks
Silicon Docks is a nickname for the area in Dublin, Ireland around Grand Canal Dock, stretching to the IFSC, city centre east, and city centre south near the Grand Canal. The nickname makes reference to Silicon Valley, and was adopted because of the concentration of European headquarters of high-tech companies such as Google, Facebook, Twitter, LinkedIn, Indeed and startups in the area. The number of tech professionals working in technology firms in the area is about 7,000. History In the wake of the dot-com bubble collapse from 1999 to 2001, IDA Ireland's director of operations in California, Dermot Tuohy, made moves to bring the at-the-time budding tech companies, PayPal, eBay, Overture (which would later become part of Yahoo!), and Google to Dublin. In 2002, Google executives agreed to investigate the possibility of opening operations in Dublin. They viewed the Digital Hub in the city centre west, which now houses 900 people and is the location for the European headquarters o ...
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Dot-com Bubble
The dot-com bubble (dot-com boom, tech bubble, or the Internet bubble) was a stock market bubble in the late 1990s, a period of massive growth in the use and adoption of the Internet. Between 1995 and its peak in March 2000, the Nasdaq Composite stock market index rose 400%, only to fall 78% from its peak by October 2002, giving up all its gains during the bubble. During the dot-com crash, many online shopping companies, such as Pets.com, Webvan, and Boo.com, as well as several communication companies, such as Worldcom, NorthPoint Communications, and Global Crossing, failed and shut down. Some companies that survived, such as Amazon, lost large portions of their market capitalization, with Cisco Systems alone losing 80% of its stock value. Background Historically, the dot-com boom can be seen as similar to a number of other technology-inspired booms of the past including railroads in the 1840s, automobiles in the early 20th century, radio in the 1920s, television in ...
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Spencer Dock
Spencer Dock ( ga, Duga Spencer) is a former wharf area, close to where the Royal Canal meets the River Liffey, in the North Wall area of Dublin, Ireland. As of the 21st century, the area has been redeveloped with occupants of the Spencer Dock development including the Convention Centre Dublin, PricewaterhouseCoopers' Irish headquarters, Credit Suisse and TMF Group. The Central Bank of Ireland and NTMA have offices in the nearby Dublin Landings development. The main building in the area was previously the former North Wall railway station which formed the terminus bringing goods and passengers to the quays. History The dockland area was originally part of the end of the Royal Canal, which still reaches the River Liffey here. 1873 docks complex The dock was constructed in 1873 to accommodate the coal ships and other barges primarily of the Midland Great Western Railway Company and served as both a railway and canal depot. The original Sheriff Street Drawbridge was ...
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Dublin Docklands Development Authority
The Dublin Docklands Development Authority ( ga, Údarás Forbartha Dugthailte Bhaile Átha Cliath) (DDDA) was created by the Dublin Docklands Development Authority Act 1997 to lead a major project of physical, social and economic regeneration in the East side of Dublin, Ireland, along both banks of the River Liffey. On 31 May 2012 the Irish government announced its intention to wind up the Authority. The full dissolution was due to take place in May 2014 with a plan to phase the organisation into the ''Docklands Consultative Forum''. At the time, this plan was postponed due to disengagement of the DDDA leading up to the dissolution date. The Authority was officially dissolved on 1 March 2016. History The stated mission of the DDDA was to 'develop the Dublin Docklands into a world-class city quarter paragon of sustainable inner city regeneration – one in which the whole community enjoys the highest standards of access to education, employment, housing and social amenity and whic ...
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Docklands Strategic Development Zone
The Docklands Strategic Development Zone (SDZ) (known officially as the ''North Lotts and Grand Canal Dock SDZ Planning Scheme'') is a controversial strategic planning area in Dublin, Ireland located east of the city centre on both sides of the River Liffey in the North Wall and Grand Canal Dock areas. On 18 December 2012, the Government of Ireland via the Minister for Housing, Planning and Local Government, Phil Hogan designated the area an SDZ pursuant to its powers under the Planning and Development Act 2000. This was the first step in establishing a new framework to try to facilitate faster development in these areas. It replaced the regime overseen by the Dublin Docklands Development Authority (DDDA), which was taken over by Dublin City Council in 2014. SDZ Planning Scheme On 16 May 2014 An Bord Pleanala approved the making of a planning scheme for the area subject to modifications as set out in its decision. Under the scheme, some 366,000 square metres of office space ...
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The Irish Independent
The ''Irish Independent'' is an Irish daily newspaper and online publication which is owned by Independent News & Media (INM), a subsidiary of Mediahuis. The newspaper version often includes glossy magazines. Traditionally a broadsheet newspaper, it introduced an additional compact size in 2004. Further, in December 2012 (following billionaire Denis O'Brien's takeover) it was announced that the newspaper would become compact only. History Murphy and family (1905–1973) The ''Irish Independent'' was formed in 1905 as the direct successor to ''The Irish Daily Independent and Daily Nation'', an 1890s' pro-Parnellite newspaper. It was launched by William Martin Murphy, a controversial Irish nationalist businessman, staunch anti-Parnellite and fellow townsman of Parnell's most venomous opponent, Timothy Michael Healy from Bantry. The first issue of the ''Irish Independent'', published 2 January 1905, was marked as "Vol. 14. No. 1". During the 1913 Lockout of workers, in ...
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2008 Financial Crisis
8 (eight) is the natural number following 7 and preceding 9. In mathematics 8 is: * a composite number, its proper divisors being , , and . It is twice 4 or four times 2. * a power of two, being 2 (two cubed), and is the first number of the form , being an integer greater than 1. * the first number which is neither prime nor semiprime. * the base of the octal number system, which is mostly used with computers. In octal, one digit represents three bits. In modern computers, a byte is a grouping of eight bits, also called an octet. * a Fibonacci number, being plus . The next Fibonacci number is . 8 is the only positive Fibonacci number, aside from 1, that is a perfect cube. * the only nonzero perfect power that is one less than another perfect power, by Mihăilescu's Theorem. * the order of the smallest non-abelian group all of whose subgroups are normal. * the dimension of the octonions and is the highest possible dimension of a normed division algebra. * the first numb ...
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Etsy
Etsy, Inc. is an American e-commerce company focused on handmade or vintage items and craft supplies. These items fall under a wide range of categories, including jewelry, bags, clothing, home décor and furniture, toys, art, as well as craft supplies and tools. Items described as vintage must be at least 20 years old. The site follows in the tradition of open craft fairs, giving sellers personal storefronts where they list their goods for a fee of US$0.20 per item. , Etsy had over 120 million items in its marketplace, and the online marketplace for handmade and vintage goods connected 7.5 million sellers with 96.3 million buyers. At the end of 2021, Etsy had 2,402 employees. In 2021, Etsy had total sales, or Gross Merchandise Sales (GMS), of US$13.5 billion on the platform. In 2021, Etsy garnered a revenue of US$2.3 billion and registered a net income of US$493.5 million. The platform generates revenue primarily from three streams: its Marketplace rev ...
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Eventbrite
Eventbrite is an American event management and ticketing website. The service allows users to browse, create, and promote local events. The service charges a fee to event organizers in exchange for online ticketing services, unless the event is free. Launched in 2006 and headquartered in San Francisco, Eventbrite opened their first international office in the United Kingdom in 2012. The company has local offices in Nashville, London, Cork, Amsterdam, Dublin, Berlin, Melbourne, Mendoza, Madrid, and São Paulo. The company went public on the New York Stock Exchange on September 20, 2018 under the ticker symbol EB. History Eventbrite was founded in 2006 by Kevin Hartz (Co-Founder and Executive Chairman) and Julia Hartz (Co-Founder and CEO) and Renaud Visage (Co-Founder and CTO). The company was the first major player in this market in the US. Prior to his position at the company, Kevin Hartz was involved with PayPal and was the Co-Founder and CEO of Xoom Corporation, an in ...
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The Digital Hub
The Digital Hub is a cluster of technology, digital media and internet companies in The Liberties area of Dublin, Ireland. The hub consists of almost 75 companies located in eight buildings, collectively employing 700 people. It is the largest enterprise cluster of its kind in Ireland. History The Irish Government founded The Digital Hub in 2003 to cater for companies involved in information technology, with Media Lab Europe—a business venture by MIT, as its anchor. By 2017, more than 200 companies have (or still are) located there, including Amazon, Etsy, Havok, Houghton Mifflin Harcourt, Lonely Planet, Eventbrite, Slack, and Stripe. In 2016 Fiach Mac Conghail, former Director of the Abbey Theatre, was appointed CEO of the Digital Hub Development Agency, the state agency A government or state agency, sometimes an appointed commission, is a permanent or semi-permanent organization in the machinery of government that is responsible for the oversight and administration ...
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Google Montevetro Building
Google LLC () is an American multinational technology company focusing on search engine technology, online advertising, cloud computing, computer software, quantum computing, e-commerce, artificial intelligence, and consumer electronics. It has been referred to as "the most powerful company in the world" and one of the world's most valuable brands due to its market dominance, data collection, and technological advantages in the area of artificial intelligence. Its parent company Alphabet is considered one of the Big Five American information technology companies, alongside Amazon, Apple, Meta, and Microsoft. Google was founded on September 4, 1998, by Larry Page and Sergey Brin while they were PhD students at Stanford University in California. Together they own about 14% of its publicly listed shares and control 56% of its stockholder voting power through super-voting stock. The company went public via an initial public offering (IPO) in 2004. In 2015, Google was reorgan ...
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Yahoo!
Yahoo! (, styled yahoo''!'' in its logo) is an American web services provider. It is headquartered in Sunnyvale, California and operated by the namesake company Yahoo! Inc. (2017–present), Yahoo Inc., which is 90% owned by investment funds managed by Apollo Global Management and 10% by Verizon Communications. It provides a web portal, search engine Yahoo! Search, Yahoo Search, and related services, including My Yahoo!, Yahoo! Mail, Yahoo Mail, Yahoo! News, Yahoo News, Yahoo! Finance, Yahoo Finance, Yahoo! Sports, Yahoo Sports and its advertising platform, Yahoo! Native. Yahoo was established by Jerry Yang and David Filo in January 1994 and was one of the pioneers of the early Internet era in the 1990s. However, usage declined in the late 2000s as some services discontinued and it lost market share to Facebook and Google. History Founding In January 1994, Yang and Filo were electrical engineering graduate students at Stanford University, when they created a website named ...
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