Power plants streteched, start-up funds and the shame of OECD deal

Business Today: the best news, analysis and comment from The Irish Times business desk

Fancy a career in tech? Making the change may be easier than you think.

Fancy a career in tech? Making the change may be easier than you think.

 

As many as one in four of the Republic’s power plants are out of action at any one time because of unexpected problems, according to a report from Eirgrid. Prolonged temporary shutdowns of two gas-fired electricity generators contributed to squeezes on Irish energy supplies that have prompted regulators to warn of stretched capacity eight times since January. Barry O’Halloran has the details.

OneProjects, an Irish-German medical device start-up specialising in cardiac imaging solutions, has secured $17 million (€14.7 million) in new financing. The investment comes on the back of an €11 million fundraise 16 months ago. Charlie Taylor reports.

RTÉ and Independent Broadcasters of Ireland (IBI) have come together to create a new body that will promote the growth of advertising on radio, writes Laura Slattery.

Vudini, a start-up co-founded by entrepreneur Dan Kiely that helps individuals and companies to appear more prominently on YouTube, has raised more than €2 million in seed funding, writes Charlie Taylor.

In her weekly column Karlin Lillington argues that the State should be ashamed of its OECD tax deal.

Cantillon wonders if the budget missed some opportunities and whether the money allocated to get tourism back on its feet will be enough.

Artificial intelligence (AI) is a force for good that could play a huge part in solving problems such as climate change. Left unchecked, however, it could undermine democracy, lead to massive social problems and be harnessed for chilling military or terrorist attacks. Frank Dillon reports.

Ciara O’Brien reviews the Apple Watch Series 7.

Olive Keogh finds out how a rehab platform aims to keep injured athletes connected during recovery.

Fancy a career in tech? Making the change may be easier than you think, writes Ciara O’Brien.

In our special Inside Business Budget 2022 podcast Cliff Taylor, Mark Paul, Jennifer Bray and Kevin McLoughlin, head of tax at EY Ireland, join Ciarán Hancock to dissect the measures announced in Budget 2022. You can also catch up with Budget 2022 on our special site and our budget calculator is a handy way of working out what it means to you.

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