Tag Archives: giant

South China Morning Post sold to e-commerce giant Alibaba

Posted December 12, 2015 11:51:ten

Alibaba has agreed to buy Hong Kong’s flagship English-language newspaper, the South China Morning Post, the most politically sensitive acquisition by the e-commerce giant to date.

Alibaba and SCMP Group Ltd announced on Friday that the Hangzhou-primarily based firm would purchase the 112-year-old newspaper and other media properties for an undisclosed quantity.

The buy, which follows a string of media deals by Alibaba, is likely to raise concerns in Hong Kong, where the South China Morning Post occupies an crucial position among the English-speaking elite who nevertheless dominate the former British colony.

Chinese-language dailies could be a lot more influential than the Post, but modifications in its editorial path are noticed as a barometer for press freedom under Chinese rule.

Alibaba has acquired or invested in a growing portfolio of media and content material businesses in recent years.

“The SCMP has iconic status in the region, with a strong reputation internationally for the quality and credibility of its journalism over the years,” Joe Tsai, executive vice chairman of Alibaba Group, stated in a letter to SCMP readers.

“Like numerous print media, however, the SCMP faces challenges amid the dramatic modifications in the way news is reported and distributed. But these changes play to Alibaba’s strengths, which is why we believe the two firms complement each and every other nicely.”

New owners seek to address concerns about independence

Alibaba chairman Jack Ma is no stranger to controversy at the newspaper.

In 2013, a reporter for the Post quit right after quoting Mr Ma as getting created remarks in assistance of Beijing’s violent crackdown on pro-democracy protesters in Tiananmen Square in 1989.

Mr Ma denied at the time that he had made such an assertion.

Mr Tsai sought to address issues about editorial independence in his letter.

“In reporting the news, the SCMP will be objective, correct and fair… day-to-day editorial decisions will be driven by editors in the newsroom, not in the corporate boardroom.”

Nonetheless, some SCMP employees members stated the takeover was unlikely to have much influence more than the publication’s content, and greeted the news with resignation.

“The SCMP has not had an editorial balance for far more than a decade. We do not think that will alter beneath a mainland Chinese owner,” said an editor who has worked at the newspaper for a lot more than a decade.

Friday’s agreement includes SCMP Group’s other media assets, such as licenses to the Hong Kong editions of Esquire, Elle, Cosmopolitan and Harper’s Bazaar.

Financial terms of the deal had been not disclosed.


Subjects: print-media, info-and-communication, media, industry, china, hong-kong

Agen Sabung Ayam

Six-week-old giant panda twins move to bigger home

Updated November 28, 2015 23:13:08

External Link: Panda cubs get pleasure from new incubator

Twin giant panda cubs born at the Toronto Zoo have been moved to a larger incubator with armchair-like lounges for every single cub following the outgrowing their old one.

The zoo released footage of the six-week-old cubs, who are not however massive adequate to be viewed by the public, being moved to the new incubator.

The twins had been born in mid-October to mum Er Shun, who is on loan from China as component of a conservation breeding program.

The zoo said it was still a critical time for the cubs, who remain with their mother in the maternity region of the giant panda exhibit.

The cubs are expected to be shown to the public when they are about 5 months old in March subsequent year.

Panda cubs in original incubator Photo: The panda twins in their original incubator at nine days old. (Toronto Zoo)

Keepers are however to find out the gender of the twins, who are the initial giant panda cubs to be born in Canada.

The zoo mentioned the cubs spent all of their time with mum, except for when she was munching on bamboo.

Given that Er Shun is lactating, the zoo has increased her bamboo intake to keep her milk production.

Keepers have used a approach referred to as “twin swapping” — where 1 infant is with the mother for a few hours just before being swapped with their sibling — as pandas will instinctively look after only one cub.

Cub exchange is accomplished each and every two to 3 hours on average.

Twin baby pandas at Toronto Zoo Photo: The zoo says the twins are healthful and undertaking nicely. (Toronto Zoo)

Subjects: animals, zoos, canada

Initial posted November 28, 2015 22:36:17

Agen Sabung Ayam

Morocco to open giant solar plant

Rows of curved mirrors capture solar energy
Image caption Rows of curved mirrors capture solar power

A giant plant employing power from the Sun to energy a Moroccan city at evening will open next month.

The solar thermal plant at Ouarzazate will harness the Sun’s warmth to melt salt, which will hold its heat to power a steam turbine in the evening.

The initial phase will produce for three hours after dark the last stage aims to provide power 20 hours a day.

It is part of Morocco’s pledge to get 42% of its electricity from renewables by 2020.

The UN has praised Morocco for the level of its ambition. The UK, a considerably richer nation, is aiming for 30% by the identical date.

The Saudi-constructed Ouarzazate solar thermal plant will be one of the world’s most significant when it is total. The mirrors will cover the exact same area as the country’s capital, Rabat.

Futuristic complex

Paddy Padmanathan of Saudi-owned ACWA Power, which is operating the thermal project, mentioned: “Whether or not you are an engineer or not, any passer-by is basically stunned by it.

“You have 35 soccer fields of massive parabolic mirrors pointed to the sky which are moveable so they will track the Sun all through the day.”

The developers say phase one of the futuristic complicated will bring power to a million folks.

The complex stands on the edge of a gritty, flat, rust-red desert, with the snow-clad Atlas mountains towering to the North.

It is portion of a vision from Morocco’s King Mohammed VI to turn his country into a renewable power powerhouse.

Image caption Melted salt inside this tank holds heat into the evening

The country has been 98% dependent on imported fossil fuels, but the king was persuaded of the vast capacity of Atlantic wind, mountain hydro energy and scorching Saharan sun.

The king’s plans are becoming enacted by atmosphere minister Hakima el Haite.

She told me: “We are convinced that climate adjust is an opportunity for our country.”

As part of its national commitment to the Paris climate conference, Morocco has pledged to decrease CO2 emissions 32% under organization-as-usual by 2030, conditional on help to attain the renewables target.

At present Morocco imports electricity from Spain, but engineers hope that will not last long.

Paddy Padmanathan predicted: “If Morocco is in a position to create electricity at seven, eight cents per kilowatt – really feasible – it will have thousands of megawatts excess.

“It really is obvious this country should be capable to export into Europe and it will. And it will not want to do something at all… it requirements to do is just sit there since Europe will commence to require it.”

‘True revolution’

Morocco’s previously useless slice of the Sahara is proving a blessing for solar energy. Solar thermal technologies only performs in hot sunny nations. The value is falling, and its developing capacity to store power is arousing interest.

The cost of solar photovoltaic (PV) panels is falling considerably quicker but the International Energy Agency expects them each to play a element in an power revolution which is most likely to see solar as the dominant source of electricity globally by 2050.

Everywhere solar costs are tumbling. Thierry Lepercq, CEO of the Paris-based Solaire Direct, said (controversially) that large-scale ground-mounted solar could already be built without having subsidy even in a nation like in the UK.

“Solar is a true revolution – that’s the way we define it,” he stated. “The $ 50 mark (per megawatt hour) is now being crossed and prices are going down.

“The lengthy-term choice-creating that is prevalent in the power globe is getting disrupted so you are surely going to see some coal projects coming to fruition in the next couple of years primarily based on prior decisions but what is specific right now is that in all the boards of directors of power organizations, those factors are getting fundamentally reassessed.”

It is, he said, a moment in history.

Roger Harrabin visited Morocco for his series Altering Climate on Radio four on Monday at 8pm – then on BBC iPlayer. Full interviews for the series are on the Open University’s site www.creativeclimate.org.

Adhere to Roger on Twitter

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