Microsoft co-founder Paul Allen (left), who died this week aged 65, is pictured with Bill Gates cheering his basketball team the Portland Trail Blazers in 2000. Photograph: File photograph: Reuters

Planet Business: Also in the news – it’s a Betfair cop, and farewell Microsoft’s Paul Allen

ATMs may become a thing of the past, says Martin Raymond, Irish founder of The Future Laboratory.

Goodbye cash, hello ‘cloud cash’, predicts futurologist working with AIB

Axonista, led by Claire McHugh, has partnered  global factual content company Off the Fence on WaterBear.

Dublin company’s technology will underpin conservation-minded WaterBear Network

2fm drivetime presenter Eoghan McDermott: ‘Kick in the testicles’ question is ‘not justified’, says broadcasting regulator.

Complaint about Eoghan McDermott’s chat with RTÉ boss Dee Forbes upheld in part

Commissioned by Facebook, paid for by Facebook and available to watch only on Facebook, ‘Sorry for Your Loss’ has been showered with critical acclaim. Photograph:    Elijah Nouvelage/Reuters

The platform’s grief-centred original drama is painful in a good way

The Sydney Opera House’s sails controversially become a blank canvas for the advertisers of the Everest horse race. Photograph: Peter Parks/AFP

Planet Business: Welcome to the longest of long-haul flights

RTÉ will receive €8.6m more as a result of Budget 2019. Photograph: Cyril Byrne / The Irish Times.

Department of Communications boost for broadcaster follows regulator’s warning

Customers in the Balrothery Inn in Dublin watch Paschal Donohoe deliver his budget speech.

What he said and what he really, really means

James Frecheville and Hugo Weaving in Lance Daly’s ‘Black 47’

Budget 2019: Section 481, a vital tax credit for the film and television industry, will run until the end of 2024

Ian Kehoe was editor of the Sunday Business Post for four years before signalling in June that he would step down. Photograph: Alan Betson

Minister for Communications appoints financial journalist to public broadcaster role

Tour operator Thomas Cook, which has owned Club 18-30 for the past 20 years, has confirmed  it will be winding it up later this month. Photograph: iStock

Unloved holiday brand was too unsubtle for Generation Z and has been pensioned off

Cat (Carolina Main) and Jim (Adrian Dunbar) are mistrustful daughter and inscrutable father in Virgin Media Television’s ‘Blood’.

Broadcaster targeting international audience with this new psychological thriller

Minister of State for Financial Services  Michael D’Arcy: “We cannot simply assume future success, particularly in the wake of challenges such as Brexit and the regulatory and tax reforms in the US.” Photograph: Dara Mac Donaill

Government seeks views on how competitive sector might be placed on ‘strong footing’

Irish Studio: Media group owns websites, magazines and event businesses.

Company founded by Irish-American investor Liam Lynch targets digital growth

Bugatti bricks: A Chiron two-seater sports car made of Lego as all sports cars should be. Photograph: Eric Piermont / AFP

Planet Business: This week’s round-up of the strange and strangely sensible

Advertising on video-on-demand platforms is either skipped or tends to  annoy users, marketing group Core has found.

Brands risk damage by frustrating online users with ‘intrusive’ approach, warns Core

Liam Cunningham as Davos Seaworth in HBO’s ‘Game of Thrones’. Post-production work by Dublin-based Screen Scene qualified for Section 481 tax relief.

Spotlight should fall on section 481, as delays in scheme weaken Irish audiovisual industry

Amy Huberman on the set of ‘Finding Joy’, a comedy drama made for RTÉ by Treasure Entertainment

Current funding for RTÉ and TG4 ‘not sufficient’ to ensure their sustainability – BAI

EU/Brexit campaign sign north of the Border: concern at Irish economic prospects is being prompted by rising unease about Brexit. Photograph: Artur Widak

Strains on Irish household finances compound nervousness about UK, say ESRI/KBC

Workers think managers favour people who most remind them of themselves. Photograph: iStock.

More than half of staff believe managers favour those who look, think and act like them

Advertising effectiveness: Tae won do fighter Isabel Lehane, who appeared in the Nissan Ireland 2017 ad, which helped drive sales of the Micra

Agencies In the Company of Huskies and Spark Foundry claim prize for Micra work

A Digicel outlet in Jamaica, where the company has completed a sale and leaseback deal on 451 tower sites.

Deal comes as Denis O’Brien company seeks to ease debt burden

Image of the week. September 2010: Unfinished business at what was meant to have been the new headquarters of Anglo Irish Bank, and has since become the new Central Bank HQ. Photograph: Bryan O’Brien

Some things you would probably rather forget about the bank bust and its fallout

Novelist Donal Ryan: ‘The Thing About December’ will be adapted as ‘Foscadh’ for TG4. Photograph: Nick Bradshaw

Virgin Media’s ‘Blood’ receives highest sum in BAI’s €6m Sound & Vision round

Comcast’s Philadelphia headquarters: the US media giant has won an auction to formally bid for Sky. Photograph: Matt Rourke/AP

Beating Disney-backed Fox in an auction for the Murdoch jewel has not come cheap

Ecommerce “rewards are there”, says Alan Coleman, chief executive of Wolfgang Digital. Photograph: Conor McCabe

Companies not doing enough to encourage repeat business, finds Wolfgang Digital

Tesco chief executive Dave Lewis strides the aisle of the company’s new discount store Jack’s in Chatteris, near Cambridge. Photograph: Daniel Leal-Olivas/AFP

Planet Business: In a week of no-deal friction, Tesco’s new store is a Brexiteer’s paradise

Noa employs 12 full-time staff and expects this will reach 15 in the near future, while it also has a team of seven narrators spread across the US, the UK and Ireland.

Service offering ‘journalism, narrated’ is on course to raise €800,000 in funding this year

Retail scheme: Minister for Business, Enterprise and Innovation Heather Humphreys at a conference in February. Photograph: Dara Mac Dónaill

Enterprise Ireland scheme will support up to 25 companies with export potential

Big Brother may be watching us, but fewer people are watching Big Brother. Photograph: Channel 5 / PA Wire

Viewers may have moved on to the shows it inspired, but the franchise is not dead yet

Storyful’s global chief creative officer and Dublin general manager Lisa McDonald said the business had embarked on “a significant growth phase” over the past two years. Photograph: Chris Bellew / Fennell Photography

‘Not all doom and gloom’ for brands in age of social media backlash, says Lisa McDonald

The nimble commercial television ‘family’ is celebrating a birthday it almost didn’t make

The transmission mast at RTÉ’s Montrose campus in Dublin. Photograph: Cyril Byrne

2rn records revenues of €28.5 million in 2017

Bank of England governor Mark Carney at the Central Bank in Dublin where he gave the annual Whitaker lecture. Photograph: Cyril Byrne

UK regulator confident of financial system’s ability to withstand a ‘disorderly’ Brexit

Brexit headache: Conservative MPs Jacob Rees-Mogg, Boris Johnson and Peter Bone at the launch of a report claiming the UK economy would be better off with a hard Brexit. Photograph: Dan Kitwood/Getty Images

Planet Business: Also this week, a ‘Sovereign’ nation and Europe’s tech proposals

Water charges were ‘the last straw’ for some people after several austerity budgets, UCD report notes.

Timing of policy’s introduction influenced its defeat, UCD study finds

British businessman Richard Desmond, whose Northern & Shell group owns 50 per cent of ‘Independent Star’. The stake is being acquired by ‘Mirror’ publisher Reach. Photograph: Peter Macdiarmid / Getty Images.

Newspaper publisher paid dividend of €1.15 million to its shareholders last year

While the value of the deal was not disclosed, it is understood to be the biggest ever sponsorship for Coca-Cola Great Britain & Ireland.

Multiple brands in Coke’s portfolio set to be promoted through soccer sponsorship

Reach, publisher of the Irish Daily Mirror, is buying 50% of the ‘Irish Daily Star’. The other half is owned by ‘Irish Independent’ publisher INM. Photograph: Alan Betson / The Irish Times

Publisher previously known as Trinity Mirror will acquire stake from Northern & Shell

Isabelle Huppert and Chloe Grace Moretz star in Neil Jordan’s thriller ‘Greta’.

Screen Ireland hails ‘strong’ reviews for Irish slate at Toronto festival

To extend the reach of its Prime Video service, Amazon has chosen the time-honoured method of expansion: spending money on sports rights. Photograph: Jeenah Moon/Bloomberg

The original ecommerce giant’s ambition to ‘own the home’ appears to have few limits

But is it art? Judges at work at the Latte Art World Championship Open in Los Angeles, California. Photograph: Mark Ralston/AFP

Planet Business: Also this week, the campaign for a Brexit ‘People’s Vote’ gets a boost

Bord Gáis Energy has renewed its naming rights and sponsorship agreement for the theatre in Dublin’s Grand Canal Square until 2026. Pictured are John Gallagher (left), of Crownway Entertainment; Live Nation Ireland chief executive Mike Adamson; and Mark Prentice, of Bord Gáis Energy. Photograph: Leon Farrell/Photocall Ireland

Energy supplier extends sponsorship of Grand Canal Square venue until 2026

Claire Brock will present the new 8pm news bulletin on Virgin Media One (TV3). Photograph: Brian McEvoy

‘Pat Kenny’s Big Debate’ and archive series ‘Don’t Look Back in Anger’ on autumn schedule

Hello to an influx of push notifications on the beach. Photograph: iStock

Now you can stream without borders, roam like at home and forget you’re on holiday at all

Actors Ruth Wilson and Domhnall Gleeson arrive at the New York premiere of The Little Stranger last Thursday. Photograph: Angela Weiss / AFP / Getty

Broadband provider will back event for next three years

SuperValu managing director Martin Kelleher and Guaranteed Irish chief executive Bríd O’Connell. Photograph: Andres Poveda

Retailer will display symbol on in-store material, TV advertising and ‘Bag for Life’ design

 The beleaguered retailer has apologised to customers after cancelling all orders placed online. Photograph: Dominic Lipinski/PA Wire

Retailer apologises after cancelling all customer orders placed online

Turkish businessmen heed a call to sell dollar and euro savings in support of the lira. Photograph: Umit Bektas/Reuters

Planet Business: Also this week, liveable cities and the ‘Reed Hastings rule’

RTÉ’s new season launch: (from L) Ryan Tubridy, Laura Whitmore, Bernard O’Shea, Ray D’Arcy, Jennifer Zamparelli, Amy Huberman, Brendan O’Connor, Doireann Garrihy, Tommy Tiernan, Kathryn Thomas, Brian Redmond, Loraine Barry, Joanne Cantwell and Nicky Byrne. Photograph: Collins

Analysis: Broadcaster bids for balance of past and present in new season of shows

Schedule star: Amy Huberman on the set of her RTÉ / Treasure Entertainment comedy ‘Finding Joy’

Broadcaster’s television line-up promises to show ‘all sides of Irish life’

From Airbnb to Mastercard to ‘Handmaid’s Tale’ wine, marketing fails come at you fast

Actors Daniel Mays and Anna Maxwell Martin portray Colin and Wendy Parry in the BBC’s fact-based drama ‘Mother’s Day’, which will air on RTÉ One on September 2nd. Photograph: BBC

‘Resistance’ and ‘Taken Down’ on broadcaster’s slate, alongside four BBC titles

Consumers abandon department stores, furniture shops, cinemas and hairdressers for the beach. Photograph: iStock

Not every type of shop basked in June sunshine, says Retail Ireland

“In many parts of rural Ireland, drinks, hospitality and tourism businesses are the primary and sometimes only employers.” Photograph: iStock

Irish excise is second-highest in Europe behind Finland, according to industry group

Dara Ó Briain and Hugh Dennis (background) from ‘Mock the Week’, repeats of which are a mainstay of UKTV channel Dave

Channels Gold, Dave, W and Alibi have returned to the television platform

Not a real cat: robot cat Ballon at the Underground Maker Festival in Tokyo. Photograph: Kim Kyung-Hoon/Reuters

Planet Business: Superheroes and super-villains abound

Weak pound, strong euro. Photograph: Leonhard Foeger / Reuters

The euro has risen above 90 pence for the first time this year. Is that bad?

Liberty Global chief executive Mike Fries (L) chats to the company’s founder, John Malone, in Dublin last month.  Photograph: Dave Meehan

TV3 rebrand, sport channel and new set-top box on the horizon for Irish customers

Is WhatsApp for ‘real friends’? Photograph: Brent Lewin/Bloomberg

Facebook-owned messaging service has been hit with crises of its own

Model promotion: Daisy Lowe is camouflaged into a wall of daisies by artist Carolyn Roper to publicise Samsung’s ‘ambient mode’ television screens. Photograph: Matt Alexander/PA

Planet Business: Not all technology represents progress

 Ahead of target: Minister for Finance and Public Expenditure and Reform Paschal Donohoe. Photograph: Nick Bradshaw/The Irish Times

Receipts from three largest categories of tax all now running ahead of expectations

Credit unions ‘benefit from a strong brand’, says registrar Patrick Casey.

Arrears have fallen and reserves have increased, says Central Bank

Title synergies: “Mirror” publisher Reach now owns the “Daily Star” in the UK, although it awaits clearance for the 50% stake in the “Irish Daily Star”. Photograph: PA

‘Mirror’ publisher tries to find clear path through impairments and uncertainties

‘Love Island’ contestant Alexandra pictured in a recent episode of the series, which concludes on 3e on Monday. Photograph: ITV

Summer romance for Virgin-owned channel as audience grows by 223% from last year

RTÉ director-general Dee Forbes: the success of her tenure is predicated on something beyond her control – Government policy.

Ad competition, licence fee evasion and ascent of Netflix complicate life at Montrose

RTÉ says that since 2009, the number of ‘no TV’ homes has grown by more than 200 per cent, resulting in ‘lost’ funding of €24 million.

Eight choices for reforming support for Irish broadcasting in a global media business

Image of the week: Donald Trump (left) boarding Air Force One at Andrews air force base in Maryland, US. Photograph: Brendan Smialowski / AFP

Planet Business: If only what you were seeing and reading wasn’t happening

Liberty Global chief executive Mike Fries speaking at Virgin Media Ireland’s headquarters in Dublin this week. Photograph: Julien Behal

Liberty’s Mike Fries ‘excited’ about TV business, which won’t rule out GAA rights bid

Newstalk’s ‘Hard Shoulder’ presenter Ivan Yates. Photograph: Cyril Byrne/The Irish Times.

Communicorp station reaches highest market share, while Radio 1 reverses recent slip

Finding an audience: Amy Huberman on the set of her RTÉ / Treasure Entertainment comedy ‘Finding Joy’.

New dramas are in production, but a crowded market makes it hard to score a hit

Alexis (Joan Collins) battles with Krystle (Linda Evans) in ‘Dynasty’, one of the TV classics reshown on CBS Drama, a channel new to Virgin Media Ireland. Photograph: ABC via Getty Images)

Irish customers will see four CBS rerun channels added from Sunday

Alan Cox, chief executive of Core, at its new premises at Windmill Lane, where the reception contains part of the wall made famous by U2 fans. Photograph: Cyril Byrne

Core chief talks transparency, creativity, tech regulation - and a ban on emails after 7pm

Don’t talk to me about Brexit: Theresa May takes a break from the House of Commons to attend the Farnborough airshow. Photograph: Andrew Matthews / PA

Planet Business: Dark sunglasses time this week as the Brexit crisis somehow got worse

Golden Discs in Cork: ‘Super-fans are increasingly turning to physical formats.’

Entertainment chain records €12m turnover as super-fans chase ‘more tangible’ format

The Netflix empire: Queen Elizabeth (Olivia Colman) takes tea in an image from the third season of royal drama ‘The Crown’, due in 2019.

Q&A: The ‘n’ in ‘Faang’ has not had the best start to the week, but is it just a wobble?

Large ensemble cast: Minister for Business, Enterprise and Innovation Heather Humphreys and Minister for Culture, Heritage and the Gaeltacht Josepha Madigan at the launch of the Audiovisual Action Plan in June. Photograph: Nick Bradshaw

A single minister for culture, media and digital sectors would be logical and helpful

Geraldine O’Leary, group head of commercial for RTÉ

Commercial boss Geraldine O’Leary ‘running fast’ to help broadcaster recover after €6.7m hit to income in 2017

Final destination: A BA Boeing 747 comes in to land at Heathrow on Monday. Photograph: Toby Melville / Reuters

Planet Business: All the latest restaurant news from McDonald’s to the Red Hen

Champions League panellist Graeme Souness and TV3 sports presenter Sinéad Kissane at TV3’s Upfront event in Dublin. TV3 is rebranding to Virgin  Media Television from the autumn. Photograph: Brian McEvoy

‘Literally a red letter day’ for the broadcaster as it begins countdown to new identity

Reinvention: Gillian Fitzpatrick, newly promoted publisher of Maximum Media’s Her and HerFamily.

Company promotes Gillian Fitzpatrick to publisher role for female-focused sites

Today FM’s new Sunday morning presenter Mario Rosenstock is a 20-year veteran of the station.

Sunday Business Show to run for last time this weekend

Instagram logo on display: The Facebook-owned social media brand has launched ‘IGTV’ for video content of up to one hour. Photograph: Alexander Koerner/Getty Images

‘Television’ app IGTV should prove a popular marketing tool with celebrity-hiring brands

Three Ireland chief executive Robert Finnegan.  Three reported a 51 per cent increase in data traffic since this time last year. Photograph: David Sleator

Ireland’s ‘digital evolution’ is continuing at pace, says company’s CEO Robert Finnegan

The euro zone budget will be this big, explains French president Emmanuel Macron. Photograph: Hannibal Hanschke / Reuters.

Planet Business: Hellish job applications and John Flannery’s need of a lightbulb moment

Contractor review at RTÉ’s Montrose campus in Donnybrook. Photograph: Cyril Byrne

New policy promised after report finds ‘inconsistencies’ in hiring practices

How it works: All self-respecting modern newsroom keyboards are equipped with special “news” buttons that automatically generate popular stories. Image: iStock.

Confusion abounds about newsroom practices, but then again, why wouldn’t it?

In a note to staff the company said: ‘The Irish Times looks forward to meeting and working with all staff and their representatives to discuss the acquisition.’

Ministerial approval was final necessary regulatory clearance

An attendee at the CeBIT tech fair in Hanover, Germany, buries himself in a ball pit at the IBM stand. Photograph: Kriztian Bocsi/Bloomberg

Planet Business: The time has come to bury yourself in balls

Core chief digital officer Aisling Blake: “Influencer marketing hasn’t quite been a free-for-all, but it hasn’t been regulated the way that other messaging has been regulated.”

Advertising group brings in formal system for now ‘mainstream’ marketing practice

Only 28% of Irish people understand how Facebook determines which news stories to show users. Photograph: Jason Alden/Bloomberg

‘Concerning’ digital literacy levels prove need for lifelong media education, event hears

Changes to Facebook’s algorithms that saw the platform give lower priority to news content in its users’ news feeds is a main reason for the decline, the Reuters Institute says.

Rising use of Snapchat and WhatsApp for news, particularly among younger groups

The inquiry into defunct lender Irish Nationwide Building Society continues. Photograph: Alan Betson

Stan Purcell did not read minutes of society’s key credit committee, inquiry hears

People take a picture front of a banner Zabivaka, the official mascot for the 2018 FIFA World Cup, in Saransk. Photograph:Juan Barreto/Getty Images

China comes to the rescue of Russia 2018, as queue shortens for pitch-side ‘wallpaper’

RTÉ’s new group head of drama and comedy Shane Murphy, who will take up the role in August.

Broadcaster hires London-based executive Shane Murphy for newly-created role

Guaranteed Irish chief executive Bríd O’Connell said people have a “nostalgic feeling” for the symbol. Photograph: Marc O’Sullivan

Comeback plotted for symbol once synonymous with well-known Irish brands

A protester in  a pill-shaped costume demonstrates against Bayer’s takeover of Monsanto by German chemicals firm Bayer outside the World Conference Centre  in Bonn. Photograph: Patrik Stollarz/AFP/Getty Images

Planet Business: The week in hashtags, numbers, lists and robot pics

Mike Bloomberg at Bloomberg on  Harcourt Street in Dublin. Photograph: Cyril Byrne

Interview: Former New York mayor on preaching and paying for health and climate action

To boldly go: a clapperboard for the CBS series ‘Star Trek: Discovery’, shown on Netflix outside the US and Canada. PwC expects sharp growth in video-on-demand subscription revenue. Photograph: Jan Thijs/CBS

‘Pace of change will only accelerate’ and digital ‘tipping point’ is imminent, says PwC

“Fearless Girl”, an award-winning 2017 advertisement for State Street, which was later accused of hypocrisy after its equal pay record emerged. Photograph: William Volcov/Getty Images

Peak ‘pink’ has passed, but advertisers remain proud sponsors of gender stereotypes

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