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Silicon Docks
Silicon Docks is a nickname for the area in Dublin, Republic of Ireland, Ireland around Grand Canal Dock, stretching to the International Financial Services Centre, Dublin, IFSC, city centre east, and city centre south near the Grand Canal (Ireland), 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 Facebook, LinkedIn, Indeed, Google, Twitter, and Startup company, startups in the area. Technology firms employ about 7,000 people in the area. 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 The Digital Hub, Digital Hub in the city ...
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Dot-com Bubble
The dot-com bubble (or dot-com boom) was a stock market bubble that ballooned during the late-1990s and peaked on Friday, March 10, 2000. This period of market growth coincided with the widespread adoption of the World Wide Web and the Internet, resulting in a dispensation of available venture capital and the rapid growth of valuations in new dot-com Startup company, startups. Between 1995 and its peak in March 2000, investments in the NASDAQ composite stock market index rose by 80%, 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, notably Pets.com, Webvan, and Boo.com, as well as several communication companies, such as Worldcom, NorthPoint Communications, and Global Crossing, failed and shut down. Others, like Lastminute.com, MP3.com and PeopleSound were bought out. Larger companies like Amazon (company), Amazon and Cisco Systems lost large portions of their market capitalizati ...
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Spencer Dock
Spencer Dock () is a former wharf area, close to where the Royal Canal meets the River Liffey, in the North Wall (Dublin), North Wall area of Dublin, Republic of Ireland, 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 of Ireland, 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, Midland Great Western Railway Company and served as bot ...
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Dublin Docklands Development Authority
The Dublin Docklands Development Authority () (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 which delivers a major contribution to the social and econ ...
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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 Strategic Development Zones, sometimes referred to ask SDZs, were established in the Planning and Development Act 2000. SDZs are areas of land designated by the Government for development that is consider ...
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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, i ...
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2008 Financial Crisis
The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners and financial institutions that led to the 2000s United States housing bubble, exacerbated by predatory lending for subprime mortgages and deficiencies in regulation. Cash out refinancings had fueled an increase in consumption that could no longer be sustained when home prices declined. The first phase of the crisis was the subprime mortgage crisis, which began in early 2007, as mortgage-backed securities (MBS) tied to U.S. real estate, and a vast web of Derivative (finance), derivatives linked to those MBS, collapsed in value. A liquidity crisis spread to global institutions by mid-2007 and climaxed with the bankruptcy of Lehman Brothers in September 2008, which triggered a stock market crash and bank runs in several countries. The crisis ...
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Etsy
Etsy, Inc. is an American e-commerce company with an emphasis on the selling of handmade or vintage items and craft supplies. These items fall under a wide range of categories, including jewelry, bags, clothing, home decor, religious items, 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. Beginning in 2013, Etsy allowed sellers to sell mass-manufactured items. , Etsy had over 100 million items in its marketplace, and the online marketplace for handmade and vintage goods connected 8 million sellers with 96 million buyers. At the end of 2024, Etsy had 2,400 employees. In 2024, Etsy had total sales, or gross merchandise sales (GMS), of US$12.6 billion on the platform. That year, Etsy garnered a revenue of $2.81 billion and registered a net gain of $303&nb ...
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Eventbrite
Eventbrite is an American live events marketplace and 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. In September or October 2023, Eventbrite changed their pricing plans to limit free events to 25 tickets before they would begin to charge organizers fees. 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 ma ...
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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. As of 2017, the hub consisted of over 70 companies located in eight buildings, collectively employing 700 people. As of 2021, there 30 companies employing 270 people. 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. In 2016, Fiach Mac Conghail, former director of the Abbey Theatre, was appointed CEO of the Digital Hub Development Agency, the state agency which operates and promotes The Digital Hub. By 2017, nearly 100 companies were located there. At that time, current and former tenants included Amazon, Etsy, Havok, Houghton Mifflin Harcourt, Lonely Planet Lonely Planet is a travel guide book publisher. Founded in Australia in 1973, the company has printed over 150 million books. History 20th century Lonel ...
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Google Montevetro Building
Google LLC (, ) is an American multinational corporation and technology company focusing on online advertising, search engine technology, cloud computing, computer software, quantum computing, e-commerce, consumer electronics, and artificial intelligence (AI). It has been referred to as "the most powerful company in the world" by the BBC and is one of the world's most valuable brands. Google's parent company, Alphabet Inc., is one of the five Big Tech companies alongside Amazon, Apple, Meta, and Microsoft. Google was founded on September 4, 1998, by American computer scientists Larry Page and Sergey Brin. 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 reorganized as a wholly owned subsidiary of Alphabet Inc. Google is Alphabet's largest subsidiary and is a holding company for Alphabet's internet prop ...
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