December 13, 2024 This article has been reviewed according to Science X's editorial process and policies . Editors have highlightedthe following attributes while ensuring the content's credibility: fact-checked trusted source proofread by University of Edinburgh A new AI image tool could aid the development of algorithms to analyze wildlife images to help improve understanding of how species around the world are responding to climate change, a study suggests. The advance could help scientists create new AI-powered algorithms to perform rapid, in-depth analysis of the millions of wildlife images uploaded to the internet by members of the public each year. These could help reveal key insights into the impacts of climate change , pollution, habitat loss and other pressures on tens of thousands of animal and plant species, researchers say. Citizen science websites are a potentially rich source of information on how animals and plants are responding to climate change. However, while existing AI algorithms can automatically identify species in uploaded images, it was unclear if they could reveal other information too. Now, an international team of scientists has created a new tool to test how well AI algorithms can mine image banks for other information. This could include details such as what species are eating, how healthy they are, and with which other species they are interacting. The tool—called INQUIRE—measures AI's ability to draw conclusions from an image bank of 5 million wildlife photos uploaded to the iNaturalist citizen science website. The team found that current AI algorithms are capable of answering some of these types of questions, but they fail on the more complex ones. These included those that require reasoning about small features within images and ones that contain detailed scientific terminology. The findings highlight opportunities to develop new AI algorithms that can better help scientists efficiently explore vast image collections, the team says. The findings will be presented at the Thirty-Eighth Annual Conference on Neural Information Processing System ( NeurIPS 2024 ), held in Vancouver Dec. 10–15. The team included researchers from the University of Edinburgh, University College London, UMass Amherst, iNaturalist and the Massachusetts Institute of Technology (MIT). The work was in part supported by the University of Edinburgh's Generative AI Laboratory. Dr. Oisin Mac Aodha, of the University of Edinburgh's School of Informatics, said, "The thousands of wildlife photos uploaded to the internet each day provide scientists with valuable insights into where different species can be found on Earth. However, knowing what species is in a photo is just the tip of the iceberg. "These images are potentially a hugely rich resource that remains largely untapped. Being able to quickly and accurately comb through the wealth of information they contain could offer vital clues about how species are responding to multi-faceted challenges like climate change." Dr. Sarah Beery, Assistant Professor at MIT, said, "This careful curation of data, with a focus on capturing real examples of scientific inquiries across research areas in ecology and environmental science , has proven vital to expanding our understanding of the current capabilities of current AI methods in these potentially impactful scientific settings. "It has also outlined gaps in current research that we can now work to address, particularly for complex compositional queries, technical terminology, and the fine-grained, subtle differences that delineate categories of interest for our collaborators." Provided by University of EdinburghFox News Politics: First Order of BusinessSANTA CLARA, Calif. — Brock Purdy pulled off his gray 49ers sweatshirt Friday and, as he headed for the locker room showers, his sore right shoulder was exposed. There was no noticeable swelling or lump, aside from minor marks via treatment he received since last Sunday’s once-subtle injury. His muscular 24-year-old build appeared stout as ever. Looks can be deceiving. So can words, in any NFL team’s injury descriptions, any Instagram doctors’ prognosis, or any reporters’ déjà vu feelings. “I don’t want to say there’s long-term concern,” coach Kyle Shanahan said Friday, referring to Purdy’s MRI exam and indicating the quarterback will miss Sunday’s game at Green Bay. Brandon Allen will make the spot start. For how long, though? Exercising caution is wise to protect a bona fide franchise quarterback who threw for a 49ers-record 4,280 yards last season on a surgically repaired elbow and is due for a 49ers-record contract extension at this season’s likely bitter end. Shanahan and general manager John Lynch indicated that Purdy’s MRI on Monday did not reveal a dire, franchise-altering ailment. “We thought he just needed some rest and really weren’t concerned about him not being good this week,” Shanahan said. “But when he started up Thursday, (his shoulder) just surprised him, surprised us, how it felt.” It’s no surprise, however, how a shoulder injury can grow into a bigger firestorm. For now, public proclamations are minimizing any long-range ramifications. Purdy was not made available to reporters, but as he walked through the locker room Friday, he tried to exude a positive outlook, saying: “We’re all good.” His demeanor remained as upbeat and polite as ever in an ensuing conversation with a staff member. Neither of Purdy’s understudies, Allen and Josh Dobbs, has a history of shoulder injuries, so they were hesitant to speak about how fear-inducing those must be for a quarterback. “I’m not too worried about it, I don’t think any of our guys are,” Allen said. “He’ll rehab and get back as fast as he can. And as far as shoulders, it happens. I don’t think it’ll be anything lingering or long-term for him.” Three seasons ago, when the 49ers last visited Lambeau Field, Jimmy Garoppolo was a week removed from hurting his shoulder – a torn capsule, the 49ers said – in a wild-card playoff win at Dallas. Garoppolo played through the injury, the 49ers won without scoring an offensive touchdown. Two months after losing in the NFC Championship Game, Garoppolo surprised the 49ers by electing to have surgery on his shoulder, complicating a potential trade or release and keeping him on the roster. That made for an awkward but necessary comeback in 2022 as he served as a helpful bridge between Trey Lance’s two-start cameo and Purdy’s late-season emergence for another playoff run. Go back nine years and there is another 49ers quarterback quandary. Colin Kaepernick was listed as probable to play at Seattle, but a day before kickoff, the 49ers surprisingly put him on injured reserve. He headed for surgery to repair a torn labrum in his non-throwing shoulder. Benched three weeks before that IR move, Kaepernick spent the ensuing offseason rehabilitating for what would be one final season with the 49ers and the NFL. An even messier shoulder story unfolded with Kaepernick’s predecessor, Alex Smith. A 2007 feud ensued between Smith and third-year coach Mike Nolan, who publicly dismissed Smith’s shoulder pain that traced back to a Sept. 30 separation. Smith played hurt a few games, then confessed to the nagging pain in his shoulder, after the 49ers had listed him out of practice with a forearm strain. Smith rallied and rebuilt his career, albeit under other coaches. Now it’s Purdy stepping aside for an unknown length of time. Allen relayed their Friday conversation: “He believes in me, says ‘You’re here for a reason. Go in, step up, play well.’ He’ll be back. So I’m not worried about it.” “He’s doing well. He’s in good spirits,” Dobbs added. “Obviously, I don’t want to speak for him, but he wants to be out there. So he will work his butt off to get back out there, and we’ll hold it down for him until he gets back.” ©2024 MediaNews Group, Inc. Visit at mercurynews.com . Distributed by Tribune Content Agency, LLC.In Manchester, a quarter of people don’t work — and they agree it’s a problem
METAIRIE, La. (AP) — Dejounte Murray plans to return to the New Orleans Pelicans ' lineup on Wednesday night for the first time since fracturing his left hand in a season-opening victory over Chicago on Oct. 23. And when Murray takes the court against the Toronto Raptors , his mother will be on his mind. After practice on Tuesday, Murray discussed his impending return and disclosed more details about the previously unspecified “personal matters” that caused him to leave the team during the final days of the preseason. His mother had a stroke, he said. “It was tough to leave and go deal with that. As she got better, she wanted me to come play,” Murray said of his last-minute decision to start against Chicago. He added that his hand injury near the end of that game was God's way of telling him, “‘Nah, you need to stay with your mom.’” “I was more concerned about my mother. That was my priority,” Murray continued. “I wasn’t really worried about my recovery.” Murray's mother has recovered well, he said, while he is “healthy and ready to help this team.” “I’m ready to hoop. Play for my mother — she’s going to be watching," Murray said. “I’m ready to compete, bring that winning spirit.” The Pelicans (4-14) certainly could use the help, having lost 14 of 16 games since opening the season with a pair of victories. Injuries have ravaged the roster. At times, all five starters have been out. Star power forward Zion Williamson has missed 12 games this season — one with an illness and 11 with a hamstring injury. Herb Jones has been sidelined by a shoulder strain and Brandon Ingram's status is in doubt after he sat out practice on Tuesday with calf soreness that also sidelined him during a loss on Monday night at Indiana. But at least two starters — Murray and fellow guard CJ McCollum — are expected to play against the Raptors. “I don’t care how many games we’ve lost. I just know every time I step on the floor I feel like we can win games,” said Murray, who had 14 points, 10 assists and eight rebounds in his lone game with the Pelicans. "That’s just my mentality, and I feel like it can carry over to a lot of guys.” ___ AP NBA: https://apnews.com/hub/NBA Brett Martel, The Associated Press
The newly appointed Chairman of the Nigeria-South Korea Friendship Group in the House of Representatives, Hon. Kolawole Davies Akinlayo on Thursday called for the amicable resolution of the ongoing political crisis in South Korea. Hon. Akinlayo who gave the charge during a media chat in Abuja, applauded Speaker Tajudeen Abbas and the House leadership for the confidence reposed in him to lead the Friendship Group Committee. Speaker Abbas during Wednesday’s plenary, described the creation of the Friendship Groups as the “fulfilment of the key promise made at the commencement of the 10th Assembly.” Addressing Parliamentary Correspondents after his appointment, Hon. Akinlayo disclosed that the Committee will hold a strategic meeting with the South Korean Ambassador to Nigeria next week. According to him, the proposed meeting will provide an opportunity to discuss on bilateral relationship between both countries. He said: “I first want to give glory to God Almighty for making this day a reality and also thank the leadership of the Green Chamber for counting me worthy to be appointed to Chair the Nigeria -South Korea Friendship Group Committee. I’m so honoured and very grateful to them. “I will advise all the citizens to give peace a chance. They should take it easy stay away from violence and make sure they protect the public institutions. “I also advise them to obey the rule of law and stick to the rules of engagement. “I wish to advise them to be civil and also give the President the chance to perform his functions and allow peace to reign in that country,” he urged. ALSO READ FROM NIGERIAN TRIBUNE Reps await transmission of 2025 budget, Tuesday
NoneVan Boxel Kitchen and Flooring Launches Exclusive Showcase ProgramSHENZHEN, China , Nov. 26, 2024 /PRNewswire/ -- X Financial (NYSE: XYF ) (the "Company" or "we"), a leading online personal finance company in China , today announced its unaudited financial results for the third quarter ended September 30, 2024 . Third Quarter 2024 Operational Highlights The total loan amount facilitated and originated [1] in the third quarter of 2024 was RMB28,338 million , compared with RMB29,462 million in the same period of 2023. Total number of active borrowers [2] was 1,965,248 in the third quarter of 2024, compared with 1,809,815 in the same period of 2023. The total outstanding loan balance [3] as of September 30, 2024 was RMB45,766 million , compared with RMB49,685 million as of September 30, 2023 . The delinquency rate for all outstanding loans that are past due for 31-60 days [4] as of September 30, 2024 was 1.02%, compared with 1.11% as of September 30, 2023 . The delinquency rate for all outstanding loans that are past due for 91-180 days [5] as of September 30, 2024 was 3.22%, compared with 2.50% as of September 30, 2023 . Third Quarter 2024 Financial Highlights Total net revenue in the third quarter of 2024 was RMB1,582.5 million ( US$225.5 million ), representing an increase of 13.3% from RMB1,396.9 million in the same period of 2023. Income from operations in the third quarter of 2024 was RMB509.0 million ( US$72.5 million ), compared with RMB435.0 million in the same period of 2023. Net income in the third quarter of 2024 was RMB375.8 million ( US$53.6 million ), compared with RMB347.2 million in the same period of 2023. Non-GAAP [6] adjusted net income in the third quarter of 2024 was RMB433.6 million ( US$61.8 million ), compared with RMB374.5 million in the same period of 2023. Net income per basic and diluted American depositary share ("ADS") [7] in the third quarter of 2024 was RMB7.86 (US$1.12) and RMB7.74 (US$1.10) , compared with RMB7.26 and RMB7.02 , respectively, in the same period of 2023. Non-GAAP adjusted net income per basic and diluted ADS in the third quarter of 2024 was RMB9.12 (US$1.30) and RMB8.88 (US$1.27) , compared with RMB7.80 and RMB7.56 , respectively, in the same period of 2023. Mr. Kent Li , President of the Company, commented, "We are pleased to report another strong quarter, with loan volumes exceeding our forecast and a significant sequential improvement in asset quality. In the third quarter, we continued to promptly adjust loan volumes based on risk levels. As asset quality improved, we further intensified our borrower acquisition efforts, which have yielded very positive results. Both the top and bottom lines continued to grow year-over-year. Non-GAAP adjusted net income reached a new record high." "Specifically on the operational front, our total loan amount facilitated and originated was down 4% year-on-year but up 25% sequentially to RMB28 billion , above the high end of our guidance. Delinquency rates for all outstanding loans past due for 31-60 days and 91-180 days were 1.02% and 3.22%, respectively, at the end of the quarter, compared to 1.29% and 4.38% a quarter ago and 1.11% and 2.50% a year ago. We are pleased with these improvements in asset quality and will continue to optimize our risk management system through advanced technology." "In September this year, the Chinese government unveiled a comprehensive stimulus package aimed at improving liquidity, boosting the property market, stabilizing financial markets and stimulating consumption. We expect this will provide a meaningful boost to the macroeconomic recovery. As an integral part of the economy, the personal finance market we serve should benefit from this upturn. We have already observed positive signs in the market and are committed to adjusting loan volumes in line with risk levels. As a result of this favorable environment, we are raising our guidance and expect our monthly loan volume to exceed RMB10 billion in the fourth quarter, setting a new record." Mr. Frank Fuya Zheng , Chief Financial Officer of the Company, added, "I'm pleased to report that our strategy of balancing business growth and profitability continued to pay off. Total net revenue was RMB1.6 billion , up 13% year-on-year and 15% sequentially, while non-GAAP adjusted net income reached a record high of RMB434 million , up 16% year-on-year and sequentially. As we continue to deliver strong profitability and execute on our proven strategy, we have full confidence in our future. We will continue to execute our semi-annual dividend policy and explore opportunities under our share repurchase program to return more value to our shareholders over the long term." Third Quarter 2024 Financial Results Total net revenue in the third quarter of 2024 increased by 13.3% to RMB1,582 .5 million ( US$225 .5 million) from RMB1,396.9 million in the same period of 2023, primarily due to growth in various disaggregated revenue items compared with the same period of 2023. Please refer to analysis of disaggregation of revenue below. Loan facilitation service fees in the third quarter of 2024 increased by 5.9% to RMB878 .3 million ( US$125 .2 million) from RMB829 .4 million in the same period of 2023, primarily due to a decrease in the expected prepayment rates this quarter compared with the same period of 2023. Post-origination service fees in the third quarter of 2024 increased by 10.7% to RMB186 .1 million ( US$26 .5 million) from RMB168 .2 million in the same period of 2023, primarily due to the cumulative effect of increased volume of loans facilitated in the previous quarters. Revenues from post-origination services are recognized on a straight-line basis over the term of the underlying loans as the services are being provided. Financing income in the third quarter of 2024 increased by 11.6% to RMB335 .8 million ( US$47 .8 million) from RMB301 .0 million in the same period of 2023, primarily due to an increase in average loan receivables held by the Company compared with the same period of 2023. Guarantee income in the third quarter of 2024 was RMB53.6 million ( US$7.6 million ), compared with RMB7.9 million in the same period of 2023, due to the cumulative effect of increased volume of loans facilitated covered by guarantee service in the previous quarters compared with the same period of 2023. Revenues from guarantee service are recognized systematically when the Company released from the underlying risk. Other revenue in the third quarter of 2024 increased by 42.4% to RMB128.8 million ( US$18.3 million ), compared with RMB90.4 million in the same period of 2023, primarily due to an increase in referral service fee for introducing borrowers to other platforms. Origination and servicing expenses in the third quarter of 2024 increased by 13.6% to RMB457 .5 million ( US$65 .2 million) from RMB402 .9 million in the same period of 2023, primarily due to the increase in collection expenses resulting from the cumulative effect of increased volume of loans facilitated and originated in the previous quarters compared with the same period of 2023. Borrower acquisitions and marketing expenses in the third quarter of 2024 increased by 20.7% to RMB506 .8 million ( US$72 .2 million) from RMB419 .9 million in the same period of 2023, primarily due to intensified efforts in borrower acquisitions compared with the same period of 2023. Reversal of provision for loans receivable in the third quarter of 2024 was RMB35 thousand ( US$5 thousand ), compared with provision for loans receivable of RMB53.9 million in the same period of 2023, primarily due to a decrease in the average estimated default rate compared with the same period of 2023, and partially offset by an increase in loans receivable held by the Company as a result of the cumulative effect of increased volume of loans facilitated and originated in the previous quarters compared with the same period of 2023. Provision for contingent guarantee liabilities in the third quarter of 2024 was RMB56.4 million ( US$8.0 million ), compared with RMB41.6 million in the same period of 2023, primarily due to an increase in guarantee liabilities held by the Company as a result of the increased volume of loans facilitated covered by the guarantee service this quarter compared with the same period of 2023. Income from operations in the third quarter of 2024 was RMB509 .0 million ( US$72 .5 million), compared with RMB435 .0 million in the same period of 2023. Income before income taxes and gain from equity in affiliates in the third quarter of 2024 was RMB473 .5 million ( US$67 .5 million), compared with RMB417 .5 million in the same period of 2023. Income tax expense in the third quarter of 2024 was RMB100.3 million ( US$14.3 million ), compared with RMB74.2 million in the same period of 2023. Net income in the third quarter of 2024 was RMB375 .8 million ( US$53 .6 million), compared with RMB347 .2 million in the same period of 2023. Non-GAAP adjusted net income in the third quarter of 2024 was RMB433.6 million ( US$61.8 million ), compared with RMB374.5 million in the same period of 2023. Net income per basic and diluted ADS in the third quarter of 2024 was RMB7 .86 (US$1.12), and RMB7 .74 (US$1.10), compared with RMB7 .26 and RMB7.02 , respectively, in the same period of 2023. Non-GAAP adjusted net income per basic and diluted ADS in the third quarter of 2024 was RMB9 .12 (US$1.30), and RMB8 .88 (US$1.27), compared with RMB7 .80 and RMB7 .56 respectively, in the same period of 2023. Cash and cash equivalents was RMB1,044 .1 million ( US$148 .8 million) as of September 30, 2024 , compared with RMB1,612.2 million as of June 30, 2024 . Recent Development Share Repurchase Plans On September 4, 2024 , the Company further extended the period of the US$30 million share repurchase program until March 31, 2026 . In the third quarter of 2024, the Company repurchased an aggregate of 1,689,722 Class A ordinary shares with 10,038 Class A ordinary shares represented by ADSs for a total consideration of approximately US$1.3 million . The Company has approximately US$4.1 million remaining for potential repurchases under its US$30 million share repurchase plan. As previously disclosed, on May 30, 2024 , the Company announced that its board of directors authorized a new US$20 million share repurchase plan, effective through November 30, 2025 . The Company completed a tender offer in July 2024 under the new share repurchase program, with a total repurchase amount of approximately US$9.2 million . The Company has approximately US$10.8 million remaining under its US$20 million plan. Business Outlook The Company expects the total loan amount facilitated and originated for the fourth quarter of 2024 to be between RMB30.0 billion and RMB31.0 billion . The total loan amount facilitated and originated for 2024 is expected to be between RMB102.6 billion and RMB103.6 billion . This forecast reflects the Company's current and preliminary views, which are subject to changes. Conference Call X Financial's management team will host an earnings conference call at 7:00 AM U.S. Eastern Time on November 27, 2024 ( 8:00 PM Beijing / Hong Kong Time on November 27, 2024 ). Dial-in details for the earnings conference call are as follows: Please dial in ten minutes before the call is scheduled to begin and provide the passcode to join the call. A replay of the conference call may be accessed by phone at the following numbers until December 4, 2024 : Additionally, a live and archived webcast of the conference call will be available at http://ir.xiaoyinggroup.com . About X Financial X Financial (NYSE: XYF ) (the "Company") is a leading online personal finance company in China . The Company is committed to connecting borrowers on its platform with its institutional funding partners. With its proprietary big data-driven technology, the Company has established strategic partnerships with financial institutions across multiple areas of its business operations, enabling it to facilitate and originate loans to prime borrowers under a risk assessment and control system. For more information, please visit: http://ir.xiaoyinggroup.com . Use of Non-GAAP Financial Measures Statement In evaluating our business, we consider and use non-GAAP measures as supplemental measures to review and assess our operating performance. We present the non-GAAP financial measures because they are used by our management to evaluate our operating performance and formulate business plans. We believe that the use of the non-GAAP financial measures facilitates investors' assessment of our operating performance and help investors to identify underlying trends in our business that could otherwise be distorted by the effect of certain income or expenses that we include in income (loss) from operations and net income (loss). We also believe that the non-GAAP measures provide useful information about our core operating results, enhance the overall understanding of our past performance and future prospects and allow for greater visibility with respect to key metrics used by our management in its financial and operational decision-making. We use in this press release the following non-GAAP financial measures: (i) adjusted net income (loss), (ii) adjusted net income (loss) per basic ADS, (iii) adjusted net income (loss) per diluted ADS, (iv) adjusted net income per basic share, and (v) adjusted net income per diluted share, each of which excludes share-based compensation expense, impairment losses on financial investments, income (loss) from financial investments and impairment losses on long-term investments. These non-GAAP financial measures have limitations as analytical tools, and when assessing our operating performance, investors should not consider them in isolation, or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. We mitigate these limitations by reconciling the non-GAAP financial measures to the most directly comparable U.S. GAAP financial measures, which should be considered when evaluating our performance. We encourage you to review our financial information in its entirety and not rely on a single financial measure. For more information on these non-GAAP financial measures, please see the table captioned "Reconciliations of GAAP and Non-GAAP results" set forth at the end of this press release. Exchange Rate Information This announcement contains translations of certain RMB amounts into U.S. dollars at specified rates solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to U.S. dollars are made at a rate of RMB 7.0176 to US$1.00 , the exchange rate set forth in the H.10 statistical release of the Board of Governors of the Federal Reserve System as of September 30, 2024 . Disclaimer Safe Harbor Statement This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "potential," "continue," "ongoing," "targets," "guidance" and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements that involve factors, risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such factors and risks include, but not limited to the followings: the Company's goals and strategies; its future business development, financial condition and results of operations; the expected growth of the credit industry, and marketplace lending in particular, in China ; the demand for and market acceptance of its marketplace's products and services; its ability to attract and retain borrowers and investors on its marketplace; its relationships with its strategic cooperation partners; competition in its industry; and relevant government policies and regulations relating to the corporate structure, business and industry. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the SEC. All information provided in this announcement is current as of the date of this announcement, and the Company does not undertake any obligation to update such information, except as required under applicable law. Use of Projections This announcement also contains certain financial forecasts (or guidance) with respect to the Company's projected financial results. The Company's independent auditors have not audited, reviewed, compiled or performed any procedures with respect to the projections or guidance for the purpose of their inclusion in this announcement, and accordingly, they did not express an opinion or provide any other form assurance with respect thereto for the purpose of this announcement. This guidance should not be relied upon as being necessarily indicative of future results. The assumptions and estimates underlying the prospective financial information are inherently uncertain and are subject to a wide variety of significant business, economic and competitive risks and uncertainties that could actual results to differ materially from those contained in the prospective financial information. Accordingly, there can be no assurance that the prospective results are indicative of the future performance of the Company, or that actual results will not differ materially from those set forth in the prospective financial information. Inclusion of the prospective financial information in this announcement should not be regarded as a representation by any person that the results contained in the prospective financial information will actually be achieved. You should review this information together with the Company's historical information. For more information, please contact: X Financial Mr. Frank Fuya Zheng E-mail: [email protected] Christensen IR In China Mr. Rene Vanguestaine Phone: +86-178-1749 0483 E-mail: [email protected] In US Ms. Linda Bergkamp Phone: +1-480-614-3004 Email: [email protected] SOURCE X Financial
Can't find a parking spot, out of Christmas ham? Fears for retail workers over holidays'Breaking of gridlock' between Quebec, N.L. is the envy of former premiers
