
does the impossible every year on Christmas Eve, but has only become a global tradition fairly recently. While it's true that , known as NORAD, keeps watch and wards off potential dangers to North American airspace 24/7, the agency has also tracked Father Christmas as he delivers to children all over the world since 1955. And it all started with an accidental phone call made by a young boy from Colorado Springs hoping to get in touch with Santa, legend says. But he reached NORAD instead. "He went on a little bit, and he takes a breath, then says, ‘Hey, you’re not Santa,’” Air Force Col Harry W. Shoup shared in a with The Associated Press. NORAD became an unofficially official hub for information about Santa as a result of this curious coincidence, receiving calls from children and parent around the world and posting updates on social media for millions of fans. NORAD also updates its website following Santa's progress on Christmas Eve. Here's what to know about NORAD "Tracks Santa" and how to follow Santa's journey this Christmas Eve. A Sears ad printed in a Colorado Springs newspaper invited children, who wanted to speak with Santa, to call the number listed. But they inadvertently listed the top-secret phone number of the Continental Air Defense Command, NORAD's predecessor, also based in Colorado Springs. Shoup picked up an emergency-only “red phone” and was greeted by a tiny voice that began to recite a Christmas wish list, the Associated Press reported. It didn't take long for the young boy to realize he was not speaking with THE Santa Claus, but Shoup responded to youngster in a "deep, jolly" voice anyway, according to AP. “Ho, ho, ho! Yes, I am Santa Claus. Have you been a good boy?" Shoup told AP. Shoup later learned from the boy's mother that Sears mistakenly printed the top-secret number. He hung up, but the phone soon rang again with a young girl reciting her Christmas list. Fifty calls a day followed, AP reported. A staff member jokingly drew Santa and his sleigh over the North Pole on 60-by-80-foot plexiglass map of North America NORAD used to track unidentified objects, according to AP. NORAD "Tracks Santa" became a tradition from there on and will likely continue for more years to come. but the real fun began on Christmas Eve, which is when visitors will be able to track from 4 a.m. to midnight MST / 6 a.m. to 2 a.m. EST. The map tracking Santa's trip around the world can be accessed It is available in English, French, Spanish, German, Italian, Japanese, Portuguese, Chinese and Korean. The "NORAD Tracks Santa" app is available in the Apple App and Google Play stores, and the tracker will be available on Facebook, Instagram, YouTube and X, according to NORAD. Trackers worldwide may call 1-877-HI-NORAD (1-877-446-6723) on Dec. 24 to ask live operators about Santa's location from 6 a.m. to midnight MST. Google, too, wanted to take part in holiday fun, launching its own Santa Tracker and corresponding app set to go live on Dec. 24. Various Christmas-themed games, quizzes and a are available on Google's Santa Tracker.Dear Editor: Thanks to the awesome trail builders of the Carson Valley Trail Association, Jeremy, Jared and the whole team, hikers will be amazed with the changes to the Jobs Peak Ranch Trail. This trail now cuts sharply to the west with many large boulders along the way. Great valley views add to the enjoyment of this hike. Trail metamorphosis is the result of many years of negotiation and persistence along with the assistance and cooperation of property owners. Hikers benefit from this collaborative effort. The CVTA trail builders have also been hard at work creating many new trails at Fay Luther and even assisting Tahoe Rim Trail Association improve the safety for hikers crossing the busy road at Big Meadows. Autumn and winter offer hikers an especially wonderful time to enjoy the local beauty of nature. Congratulations and grateful appreciation to all of the CVTA trail builders and adjacent property owners. Julie Duda Heybourne Meadows Dear Editor, Incline Village General Improvement District is currently experiencing a financial disaster. The committee on local government finance which is part of the Nevada department of taxation has assigned a three member subcommittee to investigate possible fraud, and failure to provide budgets on time. A due diligence, forensic audit has uncovered a multitude of irregularities within the financial reporting and has exposed a high probability of fraud throughout the district. IVGID has until January to comply with the demands put forth by the committee on local government. The current board has just hired a new general manager. The incoming newly elected trustees have been trying to undercut and actually have made public statements telling the new general manager he shouldn’t take the job. Social media has been ablaze with residents complaining that the new GM is not qualified, even though his credentials are impeccable. The talent and experience of the new general manager is the only possibility of IVGID not being put on fiscal watch. It’s a monumental task and likely will not be completed by the deadline set forth by the committee on local government. The outrageous pushback by the new trustees, and some totally uniformed community members is severely hampering the process of compliance. One would have to ask the question, why would any responsible trustee or citizen engage in behavior, which is going to force your community to be placed on fiscal watch? Somebody is hiding something. Frank Wright Crystal Bay, Nevada
Former Boise State coach Chris Petersen still gets asked about the Fiesta Bowl victory over Oklahoma on the first day of 2007. That game had everything. Underdog Boise State took a 28-10 lead over one of college football's blue bloods that was followed by a 25-point Sooners run capped by what could have been a back-breaking interception return for a touchdown with 1:02 left. Then the Broncos used three trick plays that remain sensations to not only force overtime but win 43-42. And then there was the marriage proposal by Boise State running back Ian Johnson — shortly after scoring the winning two-point play — to cheerleader Chrissy Popadics that was accepted on national TV. That game put Broncos football on the national map for most fans, but looking back 18 years later, Petersen sees it differently. “Everybody wants to talk about that Oklahoma Fiesta Bowl game, which is great how it all worked out and all those things,” Petersen said. “But we go back to play TCU (three years later) again on the big stage. It's not as flashy a game, but to me, that was an even better win.” Going back to the Fiesta Bowl and winning, Petersen reasoned, showed the Broncos weren't a splash soon to fade away, that there was something longer lasting and more substantive happening on the famed blue turf. The winning has continued with few interruptions. No. 8 and third-seeded Boise State is preparing for another trip to the Fiesta Bowl, this time in a playoff quarterfinal against No. 5 and sixth-seeded Penn State on New Year's Eve. That success has continued through a series of coaches, though with a lot more of a common thread than readily apparent. Dirk Koetter was hired from Oregon, where Petersen was the wide receivers coach. Not only did Koetter bring Petersen with him to Oregon, Petersen introduced him to Dan Hawkins, who also was hired for the staff. So the transition from Koetter to Hawkins to Petersen ensured at least some level of consistency. Koetter and Hawkins engineered double-digit victory seasons five times over a six-year span that led to power-conference jobs. Koetter went to Arizona State after three seasons and Hawkins to Colorado after five. Then when Petersen became the coach after the 2005 season, he led Boise State to double-digit wins his first seven seasons and made bowls all eight years. He resisted the temptation to leave for a power-conference program until Washington lured him away toward the end of the 2013 season. Then former Boise State quarterback and offensive coordinator Bryan Harsin took over and posted five double-digit victory seasons over his first six years. After going 5-2 during the COVID-shortened 2020 season, he left for Auburn. “They just needed consistency of leadership,” said Koetter, who is back as Boise State's offensive coordinator. “This program had always won at the junior-college level, the Division II level, the I-AA (now FCS) level.” But Koetter referred to “an unfortunate chain of events” that made Boise State a reclamation project when he took over in 1998. Coach Pokey Allen led Boise State to the Division I-AA national championship game in 1994, but was diagnosed with cancer two days later. He died on Dec. 30, 1996, at 53. Allen coached the final two games that season, Boise State's first in Division I-A (now FBS). Houston Nutt became the coach in 1997, went 4-7 and headed to Arkansas. Then Koetter took over. “One coach dies and the other wasn't the right fit for this program,” Koetter said. “Was a really good coach, did a lot of good things, but just wasn't a good fit for here.” But because of Boise State's success at the lower levels, Koetter said the program was set up for success. “As Boise State has risen up the conference food chain, they’ve pretty much always been at the top from a player talent standpoint,” Koetter said. “So it was fairly clear if we got things headed in the right direction and did a good job recruiting, we would be able to win within our conference for sure.” Success didn't take long. He went 6-5 in 1998 and then won 10 games each of the following two seasons. Hawkins built on that winning and Petersen took it to another level. But there is one season, really one game, no really one half that still bugs Petersen. He thought his best team was in 2010, one that entered that late-November game at Nevada ranked No. 3 and had a legitimate chance to play for the national championship. The Colin Kaepernick-led Wolf Pack won 34-31. “I think the best team that I might've been a part of as the head coach was the team that lost one game to Nevada,” Petersen said. "That team, to me, played one poor half of football on offense the entire season. We were winning by a bunch at half (24-7) and we came out and did nothing on offense in the second half and still had a chance to win. “That team would've done some damage.” There aren't any what-ifs with this season's Boise State team. The Broncos are in the field of the first 12-team playoff, representing the Group of Five as its highest-ranked conference champion. That got Boise State a bye into the quarterfinals. Spencer Danielson has restored the championship-level play after taking over as the interim coach late last season during a rare downturn that led to Andy Avalos' dismissal . Danielson received the job full time after leading Boise State to the Mountain West championship . Now the Broncos are 12-1 with their only defeat to top-ranked and No. 1 seed Oregon on a last-second field goal . Running back Ashton Jeanty also was the runner-up to the Heisman Trophy . “Boise State has been built on the backs of years and years of success way before I got here,” Danielson said. "So even this season is not because of me. It’s because the group of young men wanted to leave a legacy, be different. We haven’t been to the Fiesta Bowl in a decade. They said in January, ‘We’re going to get that done.’ They went to work.” As was the case with Danielson, Petersen and Koetter said attracting top talent is the primary reason Boise State has succeeded all these years. Winning, obviously, is the driving force, and with more entry points to the playoffs, the Broncos could make opportunities to keep returning to the postseason a selling point. But there's also something about the blue carpet. Petersen said he didn't get what it was about when he arrived as an assistant coach, and there was some talk about replacing it with more conventional green grass. A poll in the Idaho Statesman was completely against that idea, and Petersen has come to appreciate what that field means to the program. “It's a cumulative period of time where young kids see big-time games when they're in seventh and eighth and ninth and 10th grade and go, ‘Oh, I know that blue turf. I want to go there,’” Petersen said. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football7 shocking scientific events set to blow your mind in 2025: Interesting Engineering
Algert Global LLC reduced its holdings in shares of Hims & Hers Health, Inc. ( NYSE:HIMS – Free Report ) by 73.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 46,787 shares of the company’s stock after selling 132,698 shares during the quarter. Algert Global LLC’s holdings in Hims & Hers Health were worth $862,000 at the end of the most recent quarter. Several other large investors also recently made changes to their positions in the business. Nisa Investment Advisors LLC grew its stake in shares of Hims & Hers Health by 679.2% in the second quarter. Nisa Investment Advisors LLC now owns 1,839 shares of the company’s stock valued at $37,000 after buying an additional 1,603 shares in the last quarter. Quest Partners LLC boosted its holdings in Hims & Hers Health by 5,944.1% in the 2nd quarter. Quest Partners LLC now owns 3,566 shares of the company’s stock worth $72,000 after acquiring an additional 3,507 shares during the period. Van ECK Associates Corp acquired a new stake in Hims & Hers Health in the second quarter valued at approximately $111,000. CWM LLC raised its stake in shares of Hims & Hers Health by 21.4% during the third quarter. CWM LLC now owns 5,982 shares of the company’s stock valued at $110,000 after purchasing an additional 1,054 shares during the period. Finally, Amalgamated Bank lifted its position in shares of Hims & Hers Health by 55.9% during the second quarter. Amalgamated Bank now owns 6,566 shares of the company’s stock worth $133,000 after purchasing an additional 2,354 shares in the last quarter. Institutional investors and hedge funds own 63.52% of the company’s stock. Wall Street Analyst Weigh In A number of equities research analysts recently weighed in on the stock. Piper Sandler reaffirmed a “neutral” rating and set a $21.00 price target (up from $18.00) on shares of Hims & Hers Health in a report on Tuesday, November 5th. Imperial Capital downgraded Hims & Hers Health from an “outperform” rating to an “in-line” rating in a research note on Friday, August 9th. Canaccord Genuity Group boosted their price target on Hims & Hers Health from $24.00 to $28.00 and gave the stock a “buy” rating in a research note on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft raised their price objective on Hims & Hers Health from $23.00 to $27.00 and gave the company a “hold” rating in a research note on Wednesday, November 6th. Finally, Bank of America lowered Hims & Hers Health from a “buy” rating to an “underperform” rating and cut their target price for the company from $32.00 to $18.00 in a research report on Thursday, November 14th. One analyst has rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, Hims & Hers Health presently has a consensus rating of “Hold” and a consensus target price of $20.71. Insider Activity In other Hims & Hers Health news, CEO Andrew Dudum sold 188,888 shares of the business’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $14.56, for a total transaction of $2,750,209.28. Following the completion of the transaction, the chief executive officer now owns 33,502 shares in the company, valued at approximately $487,789.12. The trade was a 84.94 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link . Also, insider Soleil Boughton sold 2,345 shares of the firm’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $14.65, for a total value of $34,354.25. Following the transaction, the insider now directly owns 159,796 shares in the company, valued at $2,341,011.40. This trade represents a 1.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Over the last quarter, insiders sold 1,153,519 shares of company stock valued at $24,486,721. 17.71% of the stock is currently owned by company insiders. Hims & Hers Health Stock Up 6.2 % HIMS opened at $32.22 on Friday. The company’s 50-day moving average price is $22.01 and its 200 day moving average price is $19.86. Hims & Hers Health, Inc. has a fifty-two week low of $8.09 and a fifty-two week high of $35.02. The firm has a market cap of $7.04 billion, a price-to-earnings ratio of 73.23 and a beta of 1.06. Hims & Hers Health ( NYSE:HIMS – Get Free Report ) last announced its quarterly earnings results on Monday, November 4th. The company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.26. The business had revenue of $401.56 million for the quarter, compared to analysts’ expectations of $382.20 million. Hims & Hers Health had a return on equity of 10.97% and a net margin of 8.19%. The business’s quarterly revenue was up 77.1% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.04) EPS. Research analysts anticipate that Hims & Hers Health, Inc. will post 0.29 earnings per share for the current year. Hims & Hers Health Profile ( Free Report ) Hims & Hers Health, Inc operates a telehealth platform that connects consumers to licensed healthcare professionals in the United States, the United Kingdom, and internationally. The company offers a range of curated prescription and non-prescription health and wellness products and services available to purchase on its websites and mobile application directly by customers. Featured Stories Want to see what other hedge funds are holding HIMS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hims & Hers Health, Inc. ( NYSE:HIMS – Free Report ). Receive News & Ratings for Hims & Hers Health Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hims & Hers Health and related companies with MarketBeat.com's FREE daily email newsletter .Casey concedes U.S. Senate race in Pennsylvania
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In today’s digital age, the intersection of technology and spirituality has become a powerful medium for fostering personal growth and community engagement. The rise of online platforms dedicated to faith-based learning is a testament to how technology can enhance traditional practices, bringing people closer together and empowering them to deepen their spiritual journeys. One such transformative initiative is “I Am the 73rd,” a unique web and mobile platform designed for a prominent religious organization operating across the US, Latin America, and Spain. Harsh Vaidya is an innovative product manager of this project with a vision to blend technology and faith, enabling millions to strengthen their spiritual foundations. Harsh Vaidya’s Leadership in "I Am the 73rd" Harsh Vaidya’s leadership in spearheading the development of “I Am the 73rd” has been a remarkable feat. As the product manager, Harsh was responsible for overseeing the entire development lifecycle, from ideation to execution. The platform, which is set to go live in the next few weeks, is projected to reach millions of users across the US and Latin America, particularly in Mexico. By focusing on creating a space for users to interact, learn, and share their spiritual milestones, Harsh aimed to transform the way people engage with their faith online. The Unique 33-Day Consecration Program One of the most distinctive features of “I Am the 73rd” is the 33-day consecration program, which serves as the cornerstone of the platform’s engagement strategy. Harsh and his team built an advanced Learning Management System (LMS) to facilitate this program, mirroring the structure of popular educational platforms like Udemy or Coursera. Each day of the program includes a series of structured activities designed to guide participants through a deeply reflective and enriching spiritual journey. The LMS allows users to navigate through daily tasks seamlessly, tracking their progress and providing a sense of accomplishment as they move forward. Once participants complete the entire 33-day program, they receive a certificate and a digital badge to signify their achievement. But the impact goes beyond just a virtual token. Graduates of the program are recognized as consecrated users, granting them a higher standing within the platform community. This feature fosters a sense of belonging and purpose, motivating users to continue their spiritual pursuits. Moreover, the platform’s integration with social media channels allows participants to share their achievements with their broader community, inspiring others to embark on similar journeys. Creating a Community of Learners “I Am the 73rd” goes beyond a mere e-learning platform by emphasizing community building and social interaction. Harsh’s vision was to create a space where users could not only engage with educational content but also connect with like-minded individuals, share experiences, and grow together. With features like petitions, Praying Rosary and groups that enable discussions, the platform has become a virtual congregation space, uniting people across geographies. During the development phase, Harsh led cross-functional teams to implement over 20 interactive features aimed at boosting engagement. Social integration tools allow users to create profiles, join discussion groups, and participate in live events. The platform also facilitates communication between members, replicating the feeling of a close-knit community despite the physical distances. Innovative Design for a Seamless User Experience One of the critical aspects Harsh focused on was user experience. Knowing that spiritual seekers might range from tech-savvy millennials to older generations with limited digital exposure, the platform was designed to be intuitive and user-friendly. Harsh introduced a series of interactive visual guides that assist users in navigating through multiple features and functionalities. These guides, combined with a simple yet elegant interface, make it easy for users to find resources, complete courses, and engage in discussions. The development of comprehensive training materials and visual aids also played a significant role in reducing onboarding time by 40%. New users, who might otherwise have felt overwhelmed by the plethora of options, can now seamlessly integrate into the platform, quickly becoming active participants. This focus on ease of use has resulted in higher user satisfaction scores and a projected 50% increase in platform activity within the first few months of its launch. Encouraging Spiritual Growth through Certification Programs A standout feature of “I Am the 73rd” is its structured certification programs, modeled after well-known e-learning platforms like LinkedIn Learning. Participants are encouraged to complete various courses and challenges, earning badges and certificates that mark their spiritual milestones. This gamified approach not only provides a sense of achievement but also drives continuous engagement. The certification program is expected to see an 80% completion rate, positioning “I Am the 73rd” as a leader in spiritual education and community building. These certifications are more than just digital accolades; they serve as symbols of commitment and dedication to the faith, elevating the status of users within the community. Graduates of the program are viewed as respected members, often taking on mentorship roles and contributing to the growth of others in the community. Expanding the Platform’s Reach and Impact While “I Am the 73rd” is set to make its mark with its initial launch, Harsh’s strategic vision extends far beyond the first rollout. The platform is projected to expand its reach to millions of users across the US, Latin America, and Europe, with targeted marketing campaigns and partnerships with local religious organizations. To achieve this, Harsh is focusing on building strong relationships with influential community leaders and leveraging the power of digital media to create awareness and drive adoption. Harnessing the Power of Data for Continuous Improvement Harsh’s data-driven approach ensures that the platform remains dynamic and responsive to user needs. By developing comprehensive reporting dashboards for admin users, he has enabled real-time monitoring of user behavior and content effectiveness. This analytical capability allows the team to make informed decisions on feature enhancements, content updates, and user support initiatives. The reporting tools are expected to increase data analysis efficiency by 30%, empowering the leadership team to steer the platform’s growth strategically. A Project Set to Redefine Digital Faith-Based Engagement As “I Am the 73rd” prepares to go live, its anticipated impact is already resonating within the organization and the broader community. The platform’s unique blend of structured learning, social interaction, and spiritual guidance has the potential to set a new benchmark in digital faith-based engagement. By uniting people across different cultures and backgrounds, “I Am the 73rd” is more than just a product—it is a movement that promises to reshape how faith is practiced and shared in the modern world. Enhancing Spiritual Engagement Through AI-Driven Personalization Building upon his research on "AI-Driven Machine Learning Techniques" and "Search and Recommendation Procedure with the Help of Artificial Intelligence," Harsh revolutionized the platform's user engagement strategy. He implemented an AI-powered recommendation system that personalizes spiritual content based on individual user journeys, prayer patterns, and engagement levels. The platform's intelligent chatbot system, developed using principles from his published work on "Chatbot Detection with the Help of Artificial Intelligence," provides 24/7 spiritual guidance and support, helping users navigate through their 33-day consecration journey with personalized assistance. This integration of AI technologies is expected to result in an increase in user completion rates for spiritual programs and an improvement in community engagement metrics, demonstrating the powerful synergy between artificial intelligence and spiritual growth facilitation. About Harsh Vaidya Harsh Vaidya’s career is a testament to his dedication and expertise in product management. With a focus on integrating technology with user engagement, Harsh has led transformative projects that make a tangible impact. His work on “I Am the 73rd” showcases his ability to manage complex initiatives and drive innovative solutions. This project not only highlights his strategic and technical skills but also deepens his understanding of user engagement and retention, which continues to shape his successful career in product management. With “I Am the 73rd” set to revolutionize digital spiritual engagement, Harsh’s work is paving the way for a new era of faith-based community building, where technology serves as a bridge to deeper connections and shared spiritual growth.
NoneCongressman Paul Tonko Joins National Institute for Industry and Career AdvancementTM and Industry Leaders for National Apprenticeship Week Roundtable to Strengthen New York's Semiconductor Talent Pipeline
BEIJING (XINHUA) – A smart coal mining project in northwest China set a global record for autonomous driving this year, with the world’s largest mixed fleet of 56 driverless and over 800 manned trucks operating safely since June. These driverless trucks at the Heishan mine, 70 kilometres (km) south of Urumqi in Xinjiang Uygur Autonomous Region, can easily match the skill of experienced human drivers and are even capable of identifying obstacles as small as 10 centimetres (cm) from up to 40 metres (m) away. The technology behind these cutting-edge vehicles is provided by CiDi Inc, a unicorn company specialising in commercial vehicle autonomous driving. Founded in 2017, it has applied for over 530 technical patents and participated in the formulation of over 50 industry standards. “Innovation is deeply embedded in our entrepreneurial philosophy,” said CiDi’s co-founder Ma Wei, noting that the company’s commitment to technological advancement is fundamental to its growth. More than 75 per cent of the company’s 500-strong staff are engaged in research and development (R&D), and its R&D investment accounts for over 40 per cent of the operating costs. With a threefold revenue increase in the first half of this year, CiDi has arguably crossed the “valley of death” in the highly competitive and challenging field of autonomous driving, emerging as one of the industry’s top players. CiDi’s success is not an isolated case in China. Amid a challenging economic environment this year, many private companies have intensified their focus on innovation, overcoming headwinds to strengthen their core competitiveness and secure new growth opportunities. Chinese companies are currently facing challenges both at home and abroad. The sluggish global economy, coupled with rising trade protectionism, has dampened prospects in international markets while domestically, insufficient demand and the ongoing economic shift toward new growth drivers have also caused challenges. President of the Shanghai University of Finance and Economics Liu Yuanchun believes that the challenges posed by economic cycles and structural adjustments can also present growth opportunities and generate potential energy to drive economic development. Industry analysis shows that although the steel industry faces short-term pressure, there is strong demand for high-value-added steel products, particularly in sectors like electric vehicles. Similarly, while the notebook computer market is nearing saturation, sales of specialised products like gaming laptops and ultra-thin models are picking up pace. Despite the drag of insufficient domestic demand, some industries, such as travel and entertainment e-commerce, still saw notable growth. To capture the new growth points and opportunities, it is necessary to engage in innovation, meet the ever-changing market demands, and explore broader development space, according to experts. Li-Gong Industrial Co, an intelligent manufacturing solution provider, achieved rapid development this year as it precisely identified emerging opportunities in a niche market. President of Li-Gong Li Weichong saw a rapid increase in demand for small-batch, personalised intelligent equipment, as economic pressures have driven small and medium-sized enterprises (SMEs) to accelerate their intelligent transformation in a bid to stay competitive. In response, Li and his team acted swiftly. “We visit the factory of each customer to assess their digital transformation needs, designing robotic systems and customised software packages tailored to their specific requirements,” Li said, noting that Li-Gong’s digital transformation projects in 2024 have doubled compared with last year. For Cangzhou Four Stars Glass Co, which is striving to secure a strong position in the fiercely competitive market, its significant investment in assembly line upgrades finally paid off this year. The company invested nearly CNY300 million (about USD41.74 million) in the past two and a half years to upgrade its factory for digitalised production. The investment brought financial pressure, but the transformation is aimed at long-term development, said chairman of the glass producer Wang Huanyi, noting that the company reduced overall costs by five per cent and saw a 20 per cent increase in orders this year, a remarkable achievement amid intense market competition. Despite ongoing economic hardships, the rise of more innovation-driven enterprises is injecting new vitality into the market and creating new momentum for the Chinese economy.
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Algert Global LLC Reduces Stock Holdings in Assured Guaranty Ltd. (NYSE:AGO)None