Red Hat

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Red Hat Ltd:  recorded a pretax profit of €33.2 million for the 12 months ending February 2016

A Cork-based subsidiary of open source software specialist Red Hat reported a sharp rise in revenues and profits last year, recently lodged accounts s(...)

 Anne-Marie Tierney-Le Roux of IDA Ireland, Clint Eland, CEO of Mercury Filmworks, Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor  and Paul Young of Cartoon Saloon. Photograph: Dylan Vaughan.

Approximately 200 jobs are to be created by two companies in Kilkenny and Waterford. Kilkenny-based animation company Cartoon Saloon has announced (...)

US stocks slipped in light trading on Thursday ahead of the holiday season. Photograph: Andrew Kelly/Reuters

European stocks inched lower amid thin trading, with investors signalling reluctance to extend a rally as the last full trading week of 2016 unfolded.(...)

Pope Francis embraces new cardinal Kevin Joseph Farrell of the US during a Consistory ceremony to install 17 new cardinals in Saint Peter’s Basilica at the Vatican on Saturday. Photograph: Reuters

The issue of immigration underpinned Saturday morning’s traditionally solemn yet spectacular “Red Hat” ceremony in the Basilica of St. Peter’s, where (...)

Co-founders of Red Hat Robert Young (left)  and Marc Ewing in  1998. Photograph: Candice C  Cusic/AP

In 1998, while out in California, I received a press notification for what looked to be an unusually compelling panel at an annual conference of inter(...)

David Smith:  “There’s no doubt it’s a good time to be bought and make an exit. Corporations have cash and it’s easier to acquire technology than to do blue-sky thinking.”

As an Irishman heading up the US office of a UK mergers and acquisitions bank in Silicon Valley, David Smith gets a tri-cultural perspective on one of(...)

A new security flaw could allow hackers to access data

The US government has joined an array of researchers warning of a security flaw that could allow hackers to access devices ranging from computers to v(...)

Pope Francis  with Argentina’s President Cristina Fernandez de Kirchner during an   audience at the Vatican today. Photograph: Tony Gentile/Reuters

In what looks suspiciously like a pre-Synod manoeuvre, Pope Francis this weekend has twice indicated he wants the Catholic Church to seriously reasses(...)

FeedHenry provides a cloud-based platform which enables large businesses to build and deploy mobile apps, which interact with their existing computer systems

Irish software firm FeedHenry has been acquired by the open source software specialist Red Hat for €63.5 million.Founded in 2010 as a spin-out from th(...)

Netflix continued its downward trend, slipping 1.6 per cent to $358.50.

Stocks rose yesterday as data emerged showing confidence is up in a number of European economies and in the US. Traders (...)

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