Government secrecy protects sources and methods. And liars and errors. And obsolete military procurement contracts that are too politically important to challenge or change. That may be the story behind government secrecy about UFOs, more recently called Unidentified Anomalous Phenomena, or UAPs. On Nov. 13, Rep. Nancy Mace, R-South Carolina, chaired a hearing by two House Oversight subcommittees on UAPs, seeking to determine whether information about them has been withheld from Congress and the American people. One of the witnesses was journalist Michael Shellenberger. He recently revealed in a report for his online news site Public that the U.S. government has an “Unacknowledged Special Access Program” about UAPs. It’s called “Immaculate Constellation,” and it has collected high-resolution images, sensor data and first-hand reports about UAPs for decades without any authorization from Congress, without even informing Congress of the existence of the program. Shellenberger obtained an 11-page report on Immaculate Constellation from a whistleblower and turned it over to Mace and the House Oversight subcommittees. Mace made the report available to the public on her congressional website. “This document is the result of a multi-year, internal investigation into the subjects of Unidentified Anomalous Phenomena (UAP), Technologies of Unknown Origin (TUO), and Non-Human Intelligence (NHI),” the report begins. It’s wild reading. According to the report, the U.S. government possesses full-motion video and forward-looking infrared imagery of a formation of a dozen “metallic orbs,” 3-6 meters in diameter, “skimming the ocean surface at high speed before dispersing in multiple directions.” Their maneuvering was “rapid and agile” and in the infrared footage they were “white-hot against the black-cold ocean.” Then there was a report of a “small-medium oval UAP” flying fast and low over a “sensitive coastal facility.” And there was another report of a “large equilateral-triangle UAP” that was “hovering and slowly rotating” directly over a grouping of ships that were engaged in intelligence collection in the Pacific Ocean. A report in the government’s files described a saucer-shaped UAP that ducked in and out of the clouds as if it “had become aware that it was under observation.” Another report told of a “boomerang UAP” that was observed “rapidly decelerating to a stationary hover, followed by the sudden emission of a sphere of light from the junction of the two ‘wings’ which expands to partially engulf the craft in a rotating sphere of light, at which point the available footage ends.” In 2021, the Office of the Director of National Intelligence reviewed reports of UAPs and concluded that some of the flying objects appeared to have technological capabilities that the U.S. and its adversaries couldn’t match. Congress has been pressing the executive branch for more information. In March, the Department of Defense released a report stating that in decades of investigations, no evidence had been found that these UAPs were extraterrestrial spacecraft piloted by non-human intelligence from another planet. But what are they and why are they here? Former Department of Defense official Luis Elizondo testified at the November hearing that the government has a secret program to retrieve the wreckage of crashed UAPs and reverse engineer them. “Advanced technologies not made by our government, or any other government, are monitoring sensitive military installations around the globe,” Elizondo testified. Last December, swarms of mystery drones buzzed Langley Air Force Base for 17 days, raising significant concerns. A Langley spokesman told the publication The War Zone that the “uncrewed aerial systems” didn’t “exhibit hostile intent, but anything flying in our restricted airspace can pose a threat to flight safety.” U.S. F-22 Raptor stealth fighter jets are based at Langley, where they are part of the nation’s defense forces protecting Washington, D.C. In March, the Senate Armed Services Committee heard testimony from U.S. Air Force General Gregory Guillot, who had recently become the head of U.S. Northern Command and North American Aerospace Defense Command, also known as NORTHCOM and NORAD. Guillot told the committee that drone incursions over the U.S. southern border numbered “in the thousands,” describing it as “alarming.” Since at least 2017, military experts have been warning of the danger presented by swarms of unmanned drones armed with surveillance equipment or weapons. “Imagine a world where somebody flies a couple hundred of those and flies one down the intake of my F-22s with just a small weapon on it,” General James Holmes said in a speech to the Air Force Association. The War Zone noted that the greater danger might be to fighter jets sitting “idle and vulnerable on the flight line.” One swarm of armed drones could destroy “a whole squadron of tightly packed fighters” without any chance to fight back. Non-hypothetical drone warfare is happening right now in the Russia-Ukraine war, and separately, a Pentagon spokesman acknowledged a series of drone incursions over U.S. air bases in England over the last 10 days. That raises a question: What has the Pentagon been doing all this time while the threat of inexpensive weaponized drones was developing? Is it possible that U.S. presidents, defense contractors, intelligence agencies and Pentagon officials intentionally hid from Congress and the public, for decades, all evidence that military drones were gradually becoming a reality, in order to protect existing defense procurement contracts that otherwise might have been questioned or rejected? To carry out a plan like that, multiple U.S. administrations would have to impose strict secrecy on every report of an unidentified flying object, then refuse to declassify the reports, or release them only with heavy redactions. In addition, the people making the reports would have to be ridiculed and marginalized to the point where they question their own sanity, making others afraid to report what they themselves have seen. If that sounds like a description of exactly what has happened, we may finally have solved the unsolved mystery of Unidentified Flying Objects. Sorry. I was rooting for it to be space aliens, too. Write Susan@susanShelley.com and follow her on X @Susan_ShelleyBEIJING , Nov. 30, 2024 /PRNewswire/ -- This is a report from China.org.cn. Is used cooking oil also clean energy? Which energy sources can make our world cleaner? What does the whole supply chain look like? Our host Jason had an eye-opening day at the 2nd China International Supply Chain Expo (CISCE). Jason didn't expect to find used cooking oil at the clean energy section of CISCE. Beijing Haixin Energy Technology can transform used cooking oil into Hydrotreated Vegetable Oil (HVO). Mixed with diesel, it can be used by cars, ships and planes. The first test point is in Beijing's Haidian district, creating a closed-loop system from collection to reuse. SINOPEC showed the large-capacity refueling dual-pressure liquid-driven hydrogen compressor, the largest of its kind in China . It'll power SINOPEC's new hydrogen station in Cangzhou, fueling over 100 heavy trucks. This saves over 5,000 tons of carbon emissions per year, equivalent to planting 500 hectares of trees, about the size of 700 soccer fields! And SINOPEC is building a complete hydrogen network from production to fueling stations. China National Offshore Oil Corporation(CNOOC)LNG-tanks store liquified natural gas (LNG). The gas is kept super cold, at minus 162 degrees. That extreme cold actually is very useful. It can be used for fish farms, cold storage warehouses, and even indoor snow parks. It is like a free air conditioning. Dongfang Turbine Co., Ltd. showed China's first self-developed F-class 50 MW heavy-duty gas turbine. It generates 50,000 kWh of electricity per hour, enough to supply 7,000 homes for a day. It cuts carbon dioxide emissions by 500,000 tons per year, equal to the amount of the gas absorbed by 4.5 million trees yearly. The turbine has over 20,000 parts. The company cooperated with universities, research institutions and more than 300 companies, 39 of them are specialized high-tech firms. Here you can see the upstream, midstream and downstream companies. In CISCE, this open platform, the global supply chain becomes much smoother. http://www.china.org.cn/business/2024-11/30/content_117578624.htm Video - https://www.youtube.com/watch?v=2Cf9dSj0eRgnaruto online game 。

NEW YORK (AP) — President-elect Donald Trump wants to turn the lights out on daylight saving time. In a post on his social media site Friday, Trump said his party would try to end the practice when he returns to office. “The Republican Party will use its best efforts to eliminate Daylight Saving Time, which has a small but strong constituency, but shouldn’t! Daylight Saving Time is inconvenient, and very costly to our Nation,” he wrote. Setting clocks forward one hour in the spring and back an hour in the fall is intended to maximize daylight during summer months, but has long been subject to scrutiny. Daylight saving time was first adopted as a wartime measure in 1942. Lawmakers have occasionally proposed getting rid of the time change altogether. The most prominent recent attempt, a now-stalled bipartisan bill named the Sunshine Protection Act, had proposed making daylight saving time permanent. The measure was sponsored by Florida Sen. Marco Rubio, whom Trump has tapped to helm the State Department. “Changing the clock twice a year is outdated and unnecessary,” Republican Sen. Rick Scott of Florida said as the Senate voted in favor of the measure. Health experts have said that lawmakers have it backward and that standard time, which is how clocks are currently set, should be made permanent. Some health groups, including the American Medical Association and American Academy of Sleep Medicine, have said that it’s time to do away with time switches and that sticking with standard time aligns better with the sun — and human biology. Most countries do not observe daylight saving time. For those that do, the date that clocks are changed varies, creating a complicated tapestry of changing time differences. Arizona and Hawaii don’t change their clocks at all. Story by Jill Colvin, Associated Press More articles from the BDN

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The Indiana Pacers reached an agreement to acquire center Thomas Bryant from the Miami Heat, ESPN reported Friday. Bryant becomes trade-eligible this Sunday, and the Heat will ship him to Indiana for a swap of future second-round draft picks, according to the report. Bryant, 27, is in his eighth season in the NBA and his second with the Heat. Bryant got into 10 games this season and averaged 4.1 points and 3.2 rebounds in 11.5 minutes per game, his lowest averages since his rookie year. In 277 career games (138 starts) with the Los Angeles Lakers (2017-18; 2022-23), Washington Wizards (2018-22), Denver Nuggets (2023) and Heat (2023-24), Bryant has averaged 9.3 points and 5.4 rebounds per game. The Pacers were seeking a new backup center after both Isaiah Jackson and James Wiseman were lost to torn Achilles tendons. Bryant played collegiately at Indiana. This article first appeared on Field Level Media and was syndicated with permission.

FIR registered against Sikh journalist in PakThe college football program upping its stock as much as any on the recruiting trail on National Signing Day happens to be the defending national champs. Michigan is on a tear, kicked off by the Bryce Underwood flip , which threw a jolt into the class down the home stretch. On Tuesday it flipped fellow five-star Nathaniel Marshall from Auburn and on Wednesday, on national television, another five-star in Nathaniel Owusu-Boateng joined the fold. The Bradenton (Fla.) IMG Academy star, a Notre Dame legacy, selected UM over Colorado and the Irish in the end. The senior took multiple trips to Ann Arbor over the last several months, including an official visit in June before a pair of game day trips to campus during the 2024 season. During each of the treks to see Sherrone Moore’s program, considerable buzz would follow the Owusu-Boateng camp. It began as novelty and turned into the pace-setting program in very short order since the offseason. Now Michigan is on the verge of a top-five recruiting class , the highest it has worked on National Signing Day since 2017 when it brought in the No. 4-ranked class, which also featured a trio of five-stars at the top. CLASS OF 2025 RANKINGS: Rivals250 | Team | Position | State CLASS OF 2026 RANKINGS: Rivals250 | Team | Position | State CLASS OF 2027 RANKINGS: Top 100 TRANSFER PORTAL: Full coverage | Player ranking | Team ranking | Transfer search | Transfer Tracker What Owusu-Boateng brings to Ann Arbor UM just locked in one of the most modern linebackers in the class of 2025. Not only is he ideally built to work on the second level at a rocked-up 6-foot-2, 205 pounds, but he works with a suddenness and a fluidity that can both be the key towards moving him around a defense and propel him to work as a three-down player able to contend with backs and inside pass-catchers in space. On top of the natural gifts, which included short-area explosion and long speed alike, the future Wolverine also works with a competitive edge that is easy to get behind. He is a tireless worker, vocal leader and the type of Alpha personality that should be leading the middle of a Big Ten defense. Others will rally around his game and energy at the next level. Owusu-Boateng is comfortable working downhill like a traditional inside ‘backer, but he has this ground-covering ability on the outside -- potentially built for the back side -- that will make defensive coaches smirk. We envision him building a role early on during his tenure in Ann Arbor, critical in his decision-making process from the beginning, before becoming the potential leader of the defense down the line. SHARE YOUR THOUGHTS WITH MICHIGAN FANS AT MAIZEANDBLUEREVIEW.COM Editor’s Note: This article first appeared on Rivals.com , the leader in college football and basketball recruiting coverage. Be the first to know and follow your teams by signing up here .

Echo Pop, Fire Stick, and Ring Doorbell now discounted in surprise Amazon sale

HAMBURG, Germany, Dec. 13, 2024 (GLOBE NEWSWIRE) -- XCHG Limited ("XCharge" or the "Company"), XCH , a global leader in integrated EV charging solutions, today announced its unaudited financial results for the three months ended June 30, 2024. Operational Highlights Three months ended June 30, 2024 Six months ended June 30, 2024 DC fast charger deliveries 438 764 NZS charger deliveries 26 51 Total EV charger deliveries 619 1,155 Q2 2024 DC fast charger deliveries were 438, representing a decrease of 31.8% from 642 in the corresponding period of 2023. Q2 2024 Total EV charger deliveries were 619, representing a decrease of 5.4% from 654 in the corresponding period of 2023. DC fast charger deliveries in the first six months of 2024 were 764, representing a decrease of 30.0% from 1,092 in the corresponding period of 2023. Total EV charger deliveries in the first six months of 2024 were 1,155, representing an increase of 2.1% from 1,131 in the corresponding period of 2023. Management Remarks Mr. Yifei Hou, Chief Executive Officer of XCharge, commented, "We are pleased to achieve a resilient operating performance in the second quarter of 2024 despite the challenging macroeconomic environment. In this quarter, as we strove to meet customer demands and strengthen our leading position in the global industry, we delivered 26 Net Zero Series ("NZS") chargers, representing substantial growth from the prior year, which brought our total NZS charger deliveries up to 51 for the first half of 2024. As a pioneer in the EV charger market, we are committed to enhancing our cutting-edge technologies and developing creative solutions to tackle energy problems, innovatively meeting our clients' needs. Looking ahead, we will continue to invest in research and development, creating new commercialization opportunities and building a global green future." Initial Public Offering ("IPO") In September, the Company successfully completed its initial public offering of 3,462,223 American depositary shares ("ADSs") at a price of US$6.20 per ADS, including 128,888 ADSs that the underwriter partially exercised over-allotment options. Each ADS represents 40 Class A ordinary shares. The total offering size was approximately US$21.5 million before deducting the underwriting discounts and commissions and relevant expenses, with net proceeds of US$19.1 million. Financial Highlights for the Second Quarter of 2024 (in USD millions, except for per ordinary share data and percentage) Q2 2024 Q2 2023 % Change 1 Revenues 9.0 12.2 (26.3) Gross profit 4.2 5.5 (23.9) Gross margin 46.1% 44.7% 1.4 Operating (loss)/income (0.9) 2.1 (144.9) Net (loss)/income (1.0) 2.0 (146.8) Adjusted 2 net (loss)/income (0.9) 2.0 (146.0) Net (loss)/income attributable to ordinary shareholders (1.3) 0.5 (390.6) (Loss) /earnings per ordinary share-basic and diluted (0.002) 0.001 (336.5) __________________________________________ 1 Except for gross margin, where absolute change instead of percentage change is presented. 2 See "Use of Non-GAAP Financial Measures" and "Unaudited Reconciliation of GAAP and Non-GAAP Results" included in this release for further details. Revenues were US$9.0 million for the second quarter of 2024, representing a decrease of 26.3% from US$12.2 million for the same period of 2023. Product revenues were US$8.9 million for the second quarter of 2024, representing a decrease of 26.7% from US$12.1 million for the same period of 2023. The year-over-year decrease was mainly due to the decrease in deliveries to a major customer in Europe. Service revenues were US$0.1 million for the second quarter of 2024, representing an increase of 50% from US$0.1 million for the same period of 2023. The year-over-year increase was mainly due to the increase in maintenance services revenue. Cost of revenues was US$4.8 million for the second quarter of 2024, representing a decrease of 28.2% from US$6.7 million for the same period of 2023. The year-over-year decrease was mainly due to the decrease in revenue. Gross margin was 46.1% for the second quarter of 2024, compared with 44.7% for the same period of 2023. The year-over-year increase was mainly due to our enhanced cost control measures. Selling and marketing expenses were US$2.3 million for the second quarter of 2024, representing an increase of 74.2% from US$1.3 million for the same period of 2023.The year-over-year increase was mainly due to increases in staff costs, sales commissions and advertising expenses for business expansion. Research and development expenses were US$1.2 million for the second quarter of 2024, representing an increase of 18.7% from US$1.0 million for the same period of 2023. The year-over-year increase was mainly due to the increase in staff costs for researching and developing new products. General and administrative expenses were US$1.6 million for the second quarter of 2024, representing an increase of 47.4% from US$1.1 million for the same period of 2023. The year-over-year increase was mainly due to increases in staff costs, tax expenses and professional service expenses. Operating (loss)/income was US$(0.9) million for the second quarter of 2024, compared with US$2.1 million for the same period of 2023. Net (loss)/income was US$(1.0) million for the second quarter of 2024, compared with US$2.0 million for the same period of 2023. Excluding changes in fair value of financial instruments and gain on extinguishment of convertible debt, adjusted net income (loss) was US$(0.9) million for the second quarter of 2024, compared with US$2.0 million for the same period of 2023. Net (loss)/income attributable to ordinary shareholders was US$(1.3) million for the second quarter of 2024, compared with US$0.5 million for the same period of 2023. Basic and diluted (loss) /e arnings per ordinary share was US$(0.002) for the second quarter of 2024, compared with US$0.001 for the same period of 2023. Cash and cash equivalents were US$24.3 million as of June 30, 2024, compared with US$12.8 million as of March 31, 2024. About XCharge XCharge, founded in 2015, is a global leader in integrated EV charging solutions. The Company offers comprehensive EV charging solutions which primarily include the DC fast chargers, the advanced battery-integrated DC fast chargers, as well as its accompanying services. Through the combination of XCharge's proprietary charging technology, energy storage system technology, and accompanying services, the Company enhances EV charging efficiency and unlocks the value of energy storage and management. Committed to providing innovative and efficient EV charging solutions, XCharge is actively working towards establishing a global green future that is critical to long-term growth and development. For more information, please visit: https://investors.xcharge.com/ Use of Non-GAAP Financial Measures We consider adjusted net income (loss), a non-GAAP financial measure as a supplemental measure to review and assess our operating performance. The presentation of this non-GAAP financial measure is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. We present this non-GAAP financial measure because it is used by our management to evaluate our operating performance and formulate business plans. We also believe that the use of this non-GAAP measure facilitates investors' assessment of our operating performance. This non-GAAP financial measure is not defined under U.S. GAAP and is not presented in accordance with U.S. GAAP. This non-GAAP financial measure has limitations as an analytical tool. One of the key limitations of using this non-GAAP financial measure is that it does not reflect all items of income and expense that affect our operations. Further, this non-GAAP measure may differ from the non-GAAP information used by other companies, including peer companies, and therefore its comparability may be limited. We compensate for these limitations by reconciling this non-GAAP financial measures to the nearest U.S. GAAP performance measure, all of 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. We define adjusted net income (loss) as net income (loss) excluding changes in fair value of financial instruments and gain on extinguishment of convertible debt. For more information on these non-GAAP financial measures, please see the tables captioned "Unaudited Reconciliations of GAAP and Non-GAAP Results" set forth at the end of this release. Exchange Rate Information This announcement contains translations of certain EUR amounts into U.S. dollars and RMB amounts into U.S. dollars at specified rates solely for the convenience of the reader. Unless otherwise noted, all translations from EUR to U.S. dollars, from U.S. dollars to EUR, from RMB to U.S. dollars and from U.S. dollars to RMB are made at EUR1.0711 to US$1.00 and RMB7.2672 to US$1.00, the exchange rates on June 28, 2024, set forth in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that any amounts that could have been, or could be, converted into another currency, as the case may be, at any particular rate or at all. Safe Harbor Statement This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to", or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law. For investor and media inquiries, please contact: XCharge IR Department Email: ir@xcharge.com Piacente Financial Communications Brandi Piacente Tel: +1-212-481-2050 Jenny Cai Tel: +86 (10) 6508-0677 Email: XCharge@tpg-ir.com Source: XCHG Limited XCHG LIMITED UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS As of December 31, As of June 30, 2023 2024 US$ US$ ASSETS Current assets Cash and cash equivalents 15,660,786 24,258,144 Restricted cash 32,024 31,048 Accounts receivable, net 12,495,375 4,722,863 Amounts due from related parties 1,671,220 1,355,893 Inventories 6,656,708 7,481,488 Prepayments and other current assets 3,228,984 3,349,664 Total current assets 39,745,097 41,199,100 Non ‐ current assets Property and equipment, net 576,376 721,540 Intangible assets, net 27,130 12,256 Long-term investments 105,892 105,237 Operating lease right-of-use assets, net 505,417 1,967,458 Total non ‐ current assets 1,214,815 2,806,491 Total assets 40,959,912 44,005,591 LIABILITIES Current liabilities Short-term borrowings 5,560,027 8,887,761 Accounts payable 5,750,157 5,686,213 Contract liabilities 1,332,132 2,751,296 Operating lease liabilities—current 294,028 618,793 Convertible debts 12,516,331 - Financial liability 247,265 518,260 Accrued expenses and other current liabilities 5,027,620 4,803,217 Total current liabilities 30,727,560 23,265,540 Non ‐ current liabilities Operating lease liabilities—non-current 172,070 1,176,438 Other non-current liabilities 79,964 116,287 Total non ‐ current liabilities 252,034 1,292,725 Total liabilities 30,979,594 24,558,265 XCHG LIMITED UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS As of December 31, As of June 30, 2023 2024 US$ US$ Commitment and contingencies - - Mezzanine equity Series Angel preference shares (US$0.00001 par value; 37,500,000 shares authorized, issued and outstanding as of December 31, 2023 and June 30, 2024. Liquidation preference of US$1,200,107 and US$1,192,681 as of December 31, 2023 and June 30, 2024) 1,176,340 1,176,340 Series Angel redeemable preference shares (US$0.00001 par value; 37,500,000 shares authorized, issued and outstanding as of December 31, 2023 and June 30, 2024. Redemption value of US$1,200,107 and US$1,192,681 as of December 31, 2023 and June 30, 2024; Liquidation preference of US$1,200,107 and US$1,192,681 as of December 31, 2023 and June 30, 2024) 1,176,340 1,176,340 Series A redeemable preference shares (US$0.00001 par value; 300,000,000 shares authorized, issued and outstanding as of December 31, 2023 and June 30, 2024. Redemption value of US$8,043,015 and US$8,292,329 as of December 31, 2023 and June 30, 2024; Liquidation preference of US$7,500,000 and US$7,500,000 as of December 31, 2023 and June 30, 2024) 8,043,015 8,292,329 Series A+ redeemable preference shares (US$0.00001 par value; 118,971,900 shares authorized, issued and outstanding as of December 31, 2023 and June 30, 2024. Redemption value of US$3,732,918 and US$3,602,251 as of December 31, 2023 and June 30, 2024; Liquidation preference of US$3,720,623 and US$3,703,251 as of December 31, 2023 and June 30, 2024) 3,795,370 3,795,370 Series B redeemable preference shares (US$0.00001 par value; 602,372,700 shares authorized, issued and outstanding as of December 31, 2023 and June 30, 2024. Redemption value of US$23,253,627 and US$23,597,312 as of December 31, 2023 and June 30, 2024; Liquidation preference of US$19,286,070 and US$19,252,636 as of December 31, 2023 and June 30, 2024) 25,825,948 26,248,252 Series B+ redeemable preference shares (US$0.00001 par value; 204,195,160 shares authorized, nil and 161,977,511 shares issued and outstanding as of December 31, 2023 and June 30, 2024. Redemption value of nil and US$9,547,792 as of December 31, 2023 and June 30, 2024; Liquidation preference of nil and US$9,120,503 as of December 31, 2023 and June 30, 2024) - 9,720,793 Total mezzanine equity 40,017,013 50,409,424 SHAREHOLDERS' DEFICIT Ordinary shares (USD0.00001 par value, 3,728,605,400 shares authorized, 806,200,500 shares issued and outstanding as of December 31, 2023 and June 30, 2024) 8,062 8,062 Series Seed preference shares (US$0.00001 par value; 175,050,000 shares authorized, issued and outstanding as of December 31, 2023 and June 20, 2024) 2,000,000 2,000,000 Additional paid-in capital 6,563,764 5,822,913 Accumulated other comprehensive income 1,824,365 1,858,054 Accumulated deficit (40,432,886) (40,651,127) Total shareholders' deficit (30,036,695 ) (30,962,098 ) Total liabilities, mezzanine equity and shareholders' deficit 40,959,912 44,005,591 XCHG LIMITED UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE INCOME (LOSS) For the Three Months Ended June 30, 2023 2024 US$ US$ Revenues 12,204,385 8,997,506 Cost of revenues (6,748,376) (4,845,198) Gross profit 5,456,009 4,152,308 Operating expenses Selling and marketing expenses (1,291,521) (2,250,336) Research and development expenses (992,085) (1,178,086) General and administrative expenses (1,117,020) (1,646,991) Total operating expenses (3,400,626) (5,075,413) Government grants - 104 Operating income (loss) 2,055,383 (923,001) Changes in fair value of financial instruments (16,412) (256,771) Gain on extinguishment of convertible debt - 247,283 Interest expenses (37,316) (71,363) Interest income 31,268 52,693 Income (loss) before income taxes 2,032,923 (951,159) Income tax expense - - Net income (loss) 2,032,923 (951,159) Accretion of redeemable preference shares to redemption value (698,646) (368,607) Undistributed earnings attributable to redeemable preferred shareholders and Series Seed preferred shareholders of the Company (880,056) - Net income (loss) attributable to ordinary shareholders 454,221 (1,319,766) Net income (loss) 2,032,923 (951,159) Other comprehensive loss Foreign currency translation adjustment, net of nil income taxes 1,774,143 53,874 Total comprehensive income (loss) 3,807,066 (897,285) Earnings (loss) per ordinary share – Basic and diluted 0.001 (0.002) Weighted average shares outstanding used in calculating basic and diluted earnings per share ordinary share – Basic and diluted 656,200,500 806,200,500 XCHG LIMITED UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE INCOME (LOSS) For the Six Months Ended June 30, 2023 2024 US$ US$ Revenues 19,589,628 20,149,953 Cost of revenues (11,038,743) (10,332,829) Gross profit 8,550,885 9,817,124 Operating expenses Selling and marketing expenses (2,460,884) (4,379,024) Research and development expenses (1,734,157) (2,165,705) General and administrative expenses (2,088,247) (3,307,565) Total operating expenses (6,283,288) (9,852,294) Government grants 2,367 31,206 Operating income (loss) 2,269,964 (3,964) Changes in fair value of financial instruments (16,819) (416,109) Gain on extinguishment of convertible debt - 247,283 Interest expenses (73,810) (115,156) Interest income 52,028 81,003 Income (loss) before income taxes 2,231,363 (206,943) Income tax expense - (11,298) Net income (loss) 2,231,363 (218,241) Accretion of redeemable preference shares to redemption value (1,019,628) (740,852) Undistributed earnings attributable to redeemable preferred shareholders and Series Seed preferred shareholders of the Company (799,231) - Net income (loss) attributable to ordinary shareholders 412,504 (959,093) Net income (loss) 2,231,363 (218,241) Other comprehensive loss Foreign currency translation adjustments 956,545 33,689 Total comprehensive income (loss) 3,187,908 (184,552) Earnings (loss) per ordinary share – Basic and diluted 0.001 (0.001) Weighted average shares outstanding used in calculating basic and diluted earnings per share ordinary shares – Basic and diluted 656,200,500 806,200,500 XCHG LIMITED UNAUDITED RECONCILIATIONS OF GAAP AND NON-GAAP RESULTS For the Three Months Ended June 30, 2023 2024 US$ US$ Net income (loss) 2,032,923 (951,159) Add: Changes in fair value of financial instruments 16,412 256,771 Gain on extinguishment of convertible debt - (247,283) Non-GAAP net income (loss) 2,049,335 (941,671) Earnings (loss) per ordinary share – Basic and diluted 0.001 (0.002) Add: Changes in fair value of financial instruments - - Gain on extinguishment of convertible debt - - Non-GAAP earnings (loss) per ordinary share – basic and diluted 0.001 (0.002) XCHG LIMITED UNAUDITED RECONCILIATIONS OF GAAP AND NON-GAAP RESULTS For the Six Months Ended June 30, 2023 2024 US$ US$ Net income (loss) 2,231,363 (218,241) Add: Changes in fair value of financial instruments 16,819 416,109 Gain on extinguishment of convertible debt - (247,283) Non-GAAP net income (loss) 2,248,182 (49,415) Earnings (loss) per ordinary share 0.001 (0.001) – Basic and diluted Add: Changes in fair value of financial instruments - - Gain on extinguishment of convertible debt - - Non-GAAP earnings (loss) per ordinary share – basic and diluted 0.001 (0.001) © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Tweet Facebook Mail Israeli Prime Minister Benjamin Netanyahu has linked the burning of a Melbourne synagogue to Australia's joining a UN vote for Israel to withdraw from the Occupied Territories this week. Australia on Wednesday split with the US and its previous practice of abstention on such votes to join 156 other UN countries in calling for "Israel bring to an end its unlawful presence in the Occupied Palestinian Territory as rapidly as possible". The Adass Israel Synagogue in Ripponlea was devastated by a fire lit at about 4.10am on Friday, with witnesses saying offenders were inside pouring liquid on the floor before lighting it. READ MORE: Man inside synagogue during firebombing says petrol can was thrown  Victoria Police seek three people suspected of setting fire to a synagogue in Melbourne. (Nine) Police are seeking three men believed to be involved. Investigators have not speculated about motivation for the attack, but Prime Minister Anthony Albanese has led a chorus of condemnation describing it as an antisemitic hate crime. Anti-terror police have also joined the investigation. READ MORE: Heatwave warnings issued for millions of Aussies In a post on X, Netanyahu, whose oversight of Israel's ongoing war in Gaza has sparked international criticism, accusations of genocide, and mass protests in Israel, called the attack "an appalling act of antisemitism". "Unfortunately, it is impossible to separate this reprehensible act from the extreme anti-Israeli position of the Labor government in Australia, including the scandalous decision to support the UN resolution calling on Israel 'to bring an end to its unlawful presence in the Occupied Palestinian Territory, as rapidly as possible', and preventing a former Israeli minister from entering the country," Netanyahu wrote. Meanwhile, Israel President Isaac Herzog also took to X to confirm he had spoken with Albanese. READ MORE: Family rejects hospital apology after girl's death "Following the atrocities carried out by Hamas against Israel on and since October 7, 2023, there has been an intolerable wave of attacks on Jewish communities in Australia and around the world," he said. "I noted to the Prime Minister that this rise and the increasingly serious antisemitic attacks on the Jewish community required firm and strong action, and that this was a message that must be heard clearly from Australia's leaders. "I thanked him for his ongoing efforts to combat antisemitism, and expressed my trust that the local law enforcement would do everything in their power to bring the perpetrators to justice." Benjamin Netanyahu blames an Australian vote in the UN this week for triggering a the burning of a Melbourne synagogue. (AP) Synagogue board member Benjamin Klein said heightened threats and abuse extended back several months. "There's been a fair bit of screaming and calling and people coming past. The community has been on edge over the last couple of months," he said. "It's absolutely shocking, I didn't think this would happen to us in Melbourne." Singing Nun's fame after chart-topping single costs her job View Gallery Police have said they are working with the Jewish community in Melbourne to provide support, and have put extra patrols in place. The Adass Israel synagogue was built by family members of Holocaust survivors more than 70 years ago. An online fundraiser to rebuild it has already raised more than $130,000. Anybody with information about the attack is urged to contact Crime Stoppers on 1800 333 000 or online . DOWNLOAD THE 9NEWS APP : Stay across all the latest in breaking news, sport, politics and the weather via our news app and get notifications sent straight to your smartphone. Available on the Apple App Store and Google Play .

SAN FRANCISCO -- Northern California was under a rare and brief tsunami warning alert Thursday that tested local emergency notification systems after a 7.0 magnitude earthquake shook part of the state. The National Weather Service canceled its alert after roughly an hour and before the tsunami was expected to arrive. In that hour, some cities and counties ordered evacuations while others relied on social media and text messages to inform people of the warning. Some people headed for higher ground, while others drove to the beach to get a better view. People took to social media to figure out why a warning was issued and then canceled so quickly, and how the NWS determines when to send alerts. Here are answers to more questions. The word for tsunami comes from the Japanese characters for harbor and wave. It's a series of extremely long waves set in motion when energy from an earthquake causes the ocean floor to suddenly rise or fall, according to the National Weather Service . Since 1800, California's shores have been struck by more than 150 tsunamis, most of them minor, according to the California Geological Survey. Phones buzzed Thursday when the National Weather Service issued its warning just minutes after the quake struck west of Ferndale, a small city in coastal Humboldt County. It read in part: “You are in danger. Get away from coastal waters. Move to high ground or inland now.” The National Weather Service Bay Area posted on the social platform X early Friday that the region doesn't get tsunami alerts often and “there are lot of questions, frustration, and even some anger” about Thursday's event. A warning alert is the most serious of four tsunami alerts, including a watch alert for a possible tsunami and an advisory alert telling people to stay out of the water and away from the shore. The last time California received a warning alert was 2011 when an earthquake in Japan caused about $100 million in damages along the California coast. Basically, a distant, offshore earthquake or other trigger event gives scientists more time to analyze data and confirm that a large tsunami was generated before sounding a warning. But Thursday’s earthquake was local and close to the coast, forcing a hasty high-level alert in order to give people the maximum time to prepare as tsunami waves can travel very fast, up to 500 mph (800 kph) in the deep ocean, the NWS wrote. “By the time we actually observe it, it may be too late, because it's right there in our back doors,” said Dalton Behringer, a meteorologist with NWS Bay Area, on Friday. Scientists used the time Thursday to monitor buoys and get more information on the earthquake itself, he said. They canceled the alert after seeing little sea-level change and determining the quake was a strike-slip type of temblor that shifts more horizontally and is less prone to cause tsunamis, he said. “These things happen so infrequently for us, I think it just caught a lot of people off-guard,” he said. Authorities in Eureka, the biggest city in Humboldt County, sent texts and went door-to-door to order businesses in high-risk areas to evacuate, said City Manager Miles Slattery. He said only a small portion of the city was at risk, and Thursday's test run showed evacuees need to work on leaving by foot, rather than by car. In the San Francisco Bay Area, the commuter light-rail system known as BART stopped traffic in all directions through the underwater tunnel between San Francisco and Oakland, and the San Francisco Zoo’s visitors were evacuated. Responses varied as fire and police in Berkeley evacuated certain areas of the city while in San Francisco, officials sent alerts and messages on social media telling residents to stay away from water, beaches, harbors, marina docks, and piers. “Move at least one block inland,” said the San Francisco Department of Emergency Management. Emergency personnel in vehicles with public address systems also went to make sure no one was on beaches and other low-lying areas. But some critics said San Francisco should have sounded its loud emergency sirens, which have been off-line since 2019 for repairs. In San Mateo County, just south of San Francisco, officials considered but decided against sounding its tsunami warning sirens after receiving more comprehensive information from the NWS that any tsunami would affect coastlines north of the Golden Gate Bridge, said Michelle Durand, a spokesperson for the county. Fire and police cleared the beaches while emergency personnel gathered to monitor the situation, she said, which “prioritized both public safety and the prevention of unnecessary panic.”The Wanted star Max George has said he is “staying positive” while in hospital waiting for tests that could shine a light on issues with his heart. In a post to Instagram on Thursday the singer, 36, explained that he went to hospital after feeling “really unwell” and added that he needed “a lot more tests” to determine “what surgery I will need to get me back on my feet.” Updating his fans, George posted a video from his hospital bed on Friday, and said he “had a bit of a rough day”. A post shared by Max George (@maxgeorge) He added: “My heart rate dropped a bit this morning, which was, it was a little bit scary. “But everyone here is amazing, so wanted to get it back up a little bit and get it stable again, which is great. “Reason I’m not... like a lot of friends and family are asking why I’m not just going in and having anything (like surgery) done yet, because there’s so many tests that need to be done before we do anything. “So I just need to get through till, I guess, next week. Get all the tests done, and then they’ll know exactly what to do, because otherwise, obviously, they’ll be able to do something, but it’ll be better doing it with all the information that they need. “But, yeah, it’s shit, but still here and staying positive. “And thanks everyone as well for all the lovely messages and any friends and family and that that have messaged that I haven’t got back to. “I see you all and yeah, means a lot. Much love and have a nice Friday night.” George rose to fame in the 2010s with The Wanted, who had a number of hit songs including All Time Low, Glad You Came and Heart Vacancy. His bandmate Tom Parker died in 2022 at the age of 33 after being diagnosed with an inoperable brain tumour. George, who helped carry Parker’s coffin at his funeral alongside fellow bandmates Siva Kaneswaran, Jay McGuiness and Nathan Sykes, previously said on This Morning that he continued to message his late bandmate following his death as it brought him “a bit of comfort”. He also appeared in the US musical series Glee as Clint and in his band’s reality series The Wanted Life. Over the years, he has competed in a number of competition series including Strictly Come Dancing in 2020, Bear Grylls: Mission Survive and Richard Osman’s House Of Games. George’s girlfriend is former EastEnders star Maisie Smith, who appeared on BBC One dancing competition series Strictly Come Dancing in 2020 at the same time as George, though they have previously said that romantic sparks only began to fly in 2022. He was due to appear on a MasterChef Christmas special before the BBC pulled the show from its festive schedule amid allegations about the conduct of judge Gregg Wallace across a range of shows.None

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