Web Summit revenues rise while profits fall
The Web Summit recorded revenues of €52.5m in 2022, up over €20m from the previous year, as in-person events reconvened after two years of disruption from Covid.
Source: independent.ie
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Could Ireland's dialled-up rhetoric against Israel trigger a corporate backlash? – The Irish Times
Taoiseach Leo Varadkar has accused Tel Aviv of being ‘blinded by rage’ while Minister for Enterprise Simon Coveney claims it is ‘behaving like a rogue state’
Source: irishtimes.com
Lisbon crowned as the New Tech Capital
"Dawn of a new era," cites Steffan Black, a leading tech expert from ZenShield, as he expresses his admiration for the phenomenal growth of Lisbon as a global...
Source: theportugalnews.com
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Web Summit profits slump more than 90% but revenue up
Turnover soared 65% to a record €52.5m in 2022 amid return to in-person events, with costs rising as it invested in expansion
Source: irishtimes.com
Profits at Web Summit parent company plunge more than 90 per cent as costs soar
Manders Terrace, the parent company of Web Summit, saw its profit margins slashed to less than 1 per cent as wages and other costs surged
Source: businesspost.ie