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Among the offences that he was charged with was that he handled €41,618 via electronic transfers to a named bank account while knowing the money was the proceeds of criminal conduct.

A man who was arrested in Cork as part of international investigation into cybercrime by gardaí working with the FBI has been remanded in custody afte(...)

Serial entrepreneur Elon Musk could be a trillionaire-in-waiting or on the cusp of losing more money than anyone has ever lost. Photograph: Yui Mok/PA Wire

It would flatter Elon Musk to call him chaotic. Everything about the serial entrepreneur’s breakneck acquisition of Twitter reflects a dual ambition t(...)

Buyers can track the transaction across each step of the journey with funds held securely and not released until the milestones are complete

Cork-based payments company Trustap has raised $3.4 million (€3.1 million) in seed funding to accelerate its growth. This is the largest fundraise (...)

Ramp co-founders Karim Atiye and Eric Glyman

Online payments company Stripe has returned to back US fintech Ramp for a third time in just under a year. The fast-growing start-up has just complet(...)

Bidemi Afolabi and  Lauren O Reilly, co-founders ProMotion Intelligence

Lauren O’Reilly and Bidemi Afolabi are both pharmacists who have turned their experience of customer behaviour into ProMotion, a business that gives b(...)

The PayPal research found women spent considerably more with Irish websites, at an annual total of €534 versus €351 spent by male respondents.

Irish shoppers have increasingly turned to local websites for their online purchases, a new report from PayPal has found. PayPal’s Retail Trends and(...)

Deal-making in technology is already off to a flying start this year. Photograph: iStock

A whopping $600 billion (€525 billion) of cash stashed at Wall Street’s megacap technology companies could drive a wave of deal-making in the sector (...)

The Nasdaq Composite fell 2.1 per cent in early dealings as shares in Meta dropped by over a quarter, shedding more than $230 billion (€202 billion) of its value. Photograph: Timothy A Clary/AFP via Getty

Wall Street equities snapped four days of gains to fall sharply on Thursday after disappointing updates from Facebook owner Meta and other pandemic-e(...)

The Diem Association, which was launched by Facebook in 2019 and is supported by 25 businesses and non-profit groups, is planning to wind down. Photograph: Dominic Lipinski/PA Wire

The Facebook-led Diem cryptocurrency project is preparing to sell its assets, as the social media giant admits defeat in its once-sprawling digital pa(...)

Today, the family is still getting used to the novelty of not having to go outside looking for a better connection. Photograph: iStock

When Paul Galligan’s teenage children were trying to tune into online classes at the height of lockdown, keeping up with their classmates was literall(...)

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