Telefonica reported a 36 per cent decline in fourth-quarter operating profit after writing down the value of its Venezuelan business to account for lower exchange rates.  Photo: Reuters

Telefonica reported a 36 per cent decline in fourth-quarter operating profit after writing down the value of its Venezuelan business to account for lo(...)

Shane Fitzgerald (22), Newmarket, Co Cork is charged with dangerous driving causing the death of Paudie O’Leary (42) on July 1st, 2012. Photograph: Domnick Walsh.

The body of a long-distance cyclist who had gone on out early in July 2012 to train for the annual Ring of Kerry charity cycle was found six hours lat(...)

Social media and the city: when accumulated and geo-localised, social media can be used by big data analysts in practical ways, such as improved urban planning and public sentiment analysis

“Lovin’ this sandwich.” “Aargh, can’t sleep!” “The toilets in this restaurant are filthy.” This is the kind of dull commentary frequently tweeted by p(...)

Luck of the draw: last week’s Lotto was postponed after a glitch

After racking up losses of €43 million, Greek gaming giant Intralot last year pulled the plugged on a pretty disastrous foray into running part of the(...)

 National Lottery machine.Photograph: Dara Mac Dónaill / The Irish Times

The National Lottery regulator has requested a report on the technical issues which forced the postponement of last Wednesday’s €10 million jackpot dr(...)

A damaging debacle

When the Government privatised the National Lottery, and sold a 20-year licence to a new operator – Premier Lotteries Ireland (PLI) – the €405 million(...)

Premier Lotteries Ireland was already under fire over the roll-out of new technology before it was forced to cancel Wednesday’s draw. Photograph: Dara Mac Dónaill

The single biggest question hanging over Wednesday’s lotto fiasco is whether the new operators have skimped on technology to recoup their hefty €405 m(...)

Technical problems forced the cancellation of Wednesday night’s weekly lotto draw, which had a jackpot of almost €10m

An internal investigation is continuing into the technical problems which forced the cancellation of Wednesday night’s Lotto draw for the first time i(...)

 Li Ka-shing: a week before his interest in O2 was revealed, his Hutchison Whampoa conglomerate added to its portfolio of UK holdings with a £2.5 billion takeover of Eversholt Rail.  Photograph: Alex Hofford/EPA

If Li Ka-shing pulls off his £10-billion-plus bid for Britain’s largest mobile phone operator, O2, it will be the legendary Hong Kong investor’s bigge(...)

Billionaire Li Ka-shing, chairman of Cheung Kong Holdings Ltd. and Hutchison Whampoa Ltd., is increasingly looking to invest in Europe. (Photograph: Tomohiro Ohsumi/Bloomberg)

When a great investor speaks, it’s best to keep an eye on the direction of his feet as well as his mouth.Li Ka-shing has pooh-poohed the notion that h(...)