Connected newsletter: Irish tech talent recognised as Paddy Cosgrave returns

Connected Newsletter Connected newsletter: Irish tech talent recognised as Paddy Cosgrave returns

US private equity giant Blackstone Group confirmed it has acquired a controlling stake in Irish data centre business Winthrop Technologies in a deal that values the company at more than €800 million. Meta has secured permission to use diesel generators to power its Irish data centres if it has to come off the national grid in the event of an energy emergency.

Staying with AI and Google this week unveiled a host of updates to its artificial intelligence offerings for cloud computing customers, emphasising that the technology is safe and ready for use in the corporate realm.

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Paddy Cosgrave's Resignation from Web Summit Connected to Tweets on Israel-Hamas ConflictPaddy Cosgrave's resignation as chief executive of Web Summit was connected to his tweets about the Israel-Hamas conflict, according to his lawyers. The move was deemed to be in the best interests of the technology events company. Co-founders of Web Summit, Daire Hickey and David Kelly, are seeking further disclosure of documents in their separate cases against the firm and Mr Cosgrave, alleging oppression of their rights as minority shareholders.
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Paddy Cosgrave voted down plan to sell Web Summit after Israel controversy, court hearsHigh Court told Cosgrave resigned from his role last year because it was in the ‘best interests of the company’
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