Weekly Wrap: What to watch for today
Kenya begins work on Africa’s first hybrid power plant:
Kenya has started work on Africa’s first hybrid power plant which costs $145 million.
Information available shows that the project is the result of the combined efforts of the Kenya Investment Authority (KenInvest) theA Meru County Government and global renewable energy developers, Windlab.
Described as ‘the Meru County Energy Park’, the project is expected to be a large scale facility that combines wind, solar PV and battery storage.
Instagram’s 2019 revenue higher than that of Youtube which has been revealed for the first time:
Facebook owned-photo and video-sharing social networking service, Instagram, generated advert revenue of $20 billion in the year 2019.
Instagram’s annual revenue is higher than that of Google's video platform YouTube, which gave the company $15 billion in 2019.
A report by theguardian.com, Google announced YouTube’s revenue for the first time in its history on Monday, February 3, 2020.
Nissan sets record in UK; performs the longest and most complex driverless car trip:
A Nissan car has been recorded as having completed the longest and most complex trip in the United Kingdom (UK).
The vehicle finished a 230-mile journey in the wake of attempts by car makers to develop driverless technologies which are changing the face of travel.
The car’s journey began from the Japanese carmaker’s European technical center in Cranfield, southern England, to its Sunderland factory in the north east, alongside conventional road users.
Jack Dorsey drops fresh plans as Twitter’s quarterly revenue surges past $1bn for the first time:
YEN.com.gh has learned that quarterly revenue for social media company, Twitter, has shot up past $1 billion for the first time in the company’s history.
The increase of about 11 percent was recorded in the final three months of the year 2019, as the app’s users increased by more than a fifth.
The results proved better than estimates provided by Wall Street and consequently led to an increase in shares.
South Sudan to hold first ever oil and gas bidding as Sudan dissolves central bank board:
South Sudan will host its first ever oil and gas bidding round in March 2020, YEN.com.gh has learned.
This comes after Sudan dissolves the central bank board as well as 11 other state-owned banks, in a bid to dismantle toppled president, Omar al-Bashir’s regime.
Sudan, the most oil-dependent nation in the world has oil accounting for almost all of its exports and about 60% of its gross domestic product (GDP), according to the World Bank.
OVER THE WEEKEND:
Facebook’s Twitter account compromised, hacker group claims credit:
Facebook’s Twitter main page and Messenger were temporarily hacked by unknown people claiming to be from the OurMine hacker collective.
The action, and the group, should sound slightly familiar as it hacked some sports-related Twitter accounts in January 2020.
Coronavirus death toll tops Sars as public backlash grows:
Beijing faces growing calls for it to stop suppressing free speech following the death of a Chinese doctor who was punished for his early warnings of the coronavirus epidemic, as the death toll surpassed that of the 2002-2003 Sars outbreak.
China’s National Health Commission said on Sunday that 89 people had died as a result of the coronavirus epidemic over the previous 24 hours, setting a new record for fatalities in such a time period.
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Source: YEN.com.gh
