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On September 3, 2025, OpenAI announced that it would acquire the product experiment platform Statsig in an all-stock transaction of approximately US$1.1 billion. Along with this acquisition, Statsig founder and CEO Vijaye Raji will join OpenAI as the newly created "CTO of Applications".
This move has attracted widespread attention in the industry. The high amount and the speed of the move indicate that this is not a simple expansion of business territory. Although this is not OpenAI’s first acquisition, why did OpenAI invest such huge resources at this point in time to acquire a company whose main business is product testing and experimentation, and also recruit a CTO for the application department?
01
To understand the fundamental motivations for this decision, we first need to understand the current business environment in which OpenAI operates. Since the release of ChatGPT, OpenAI’s revenue has achieved phenomenal growth. In June 2025, Altman publicly announced that OpenAI had achieved annual revenue of US$10 billion.
Its core profit model mainly relies on the ChatGPT Plus monthly membership subscription service for individual users and API interface calling fees for developers. These revenue sources prove the strong market appeal of its technology and provide financial support for its continued investment in research and development.
However, behind the revenue growth is more intense cost consumption. The training and inference of large-scale language models require huge computing resources, which means data center servers, high-performance chips, and related power and maintenance costs are astronomical. In August 2025, OpenAI was revealed to have an annual loss of more than US$5 billion.
At the same time, in order to maintain its leading position in the field of technological research, OpenAI must continue to recruit and retain the world's top artificial intelligence talents, and the labor cost of this part is also high. Altman, the company's CEO, has publicly expressed his willingness to lead OpenAI in an initial public offering (IPO) on many occasions. For any company planning to go public, establishing a clear, robust and sustainable profit model is a hard indicator for gaining recognition from the capital market.
Although it can maintain operations in the short term by relying solely on existing membership and API fees, its growth potential and profit margins are relatively limited, making it difficult to support a business story that is expected to become one of the companies with the highest market capitalization in the world.
Therefore, OpenAI urgently needs to find new and more scalable profit paths, and the basis of all this is to transform the advanced artificial intelligence models it has in hand into more, better, and more attractive specific products. This process of encapsulating underlying technical capabilities into mature applications that are market-oriented and solve users' practical problems is "productization." The acquisition of Statsig is a key step taken by OpenAI to strengthen its productization capabilities.
02
According to an official statement released by OpenAI, the goal of this acquisition is to "strengthen engineering systems, accelerate iteration, and transform cutting-edge AI research into intuitive, safe, and useful tools that people love." Every word mentioned in the statement directly points to the core link of product development and optimization.
To understand this in depth, we need to conduct a more detailed analysis of the target of the acquisition - Statsig and its founder Vijaye Raji. Statsig is not an ordinary startup. It is recognized as one of the top experimental platforms in the industry. Its core value is to provide a complete set of tools to help companies make efficient product development decisions.
This set of tools mainly includes A/B testing, feature flagging and real-time decision-making systems. A/B testing allows product teams to push slightly different versions of the same function to different user groups, and compare data to determine which version performs better, thereby making data-supported optimization decisions. The function switch allows the team to turn on or off a new function at any time. It can not only conduct small-scale grayscale testing, but also quickly roll back when problems arise, which greatly reduces the risk of new functions going online. Real-time decision-making systems can dynamically adjust product experience based on user behavior and other data.
All in all, Statsig provides a set of scientific methodology and supporting engineering infrastructure for "data-driven product development". The core problem it can solve is: how to quickly and low-risk verify new ideas in a complex software product, and ensure that every change can bring positive effects.
Vijaye Raji, who is about to serve as CTO of the OpenAI application department, has a personal resume that is highly consistent with this concept. Before founding Statsig, he spent ten years at Meta (formerly Facebook), leading engineering teams for large-scale consumer products. This experience allowed Raji to accumulate rich practical experience in rapid iteration and system optimization on products with hundreds of millions of users.
He then successfully built Statsig as founder and CEO, further demonstrating his entrepreneurial ability to translate this product development philosophy into successful commercial products. Therefore, OpenAI gets not only a tool platform, but also a product manager. Combining the Statsig platform with Vijaye Raji's experience, OpenAI's core appeal has emerged: it needs to improve its productization capabilities, and this person must be close to the C-side and know what the consumer market really needs.
03
To fully understand OpenAI’s sense of urgency in making this decision, it must be considered within the current fierce industry competition. Not long ago, its main competitor, Google, demonstrated its strong product execution capabilities to the entire industry through the "nano banana" project.
The project successfully transformed Google's own powerful Gemini model into a product that received positive feedback from the market in a relatively short period of time through an agile and efficient internal development process. According to podcast sharing and external analysis by relevant teams, the key to the success of "nano banana" lies in its development team's precise insight into user needs, a deep understanding of the underlying model capabilities, and the engineering practice ability to efficiently combine the two.
Team members repeatedly emphasized in a podcast released at the end of August that the team’s starting point is not “We have a powerful model, what can we do with it?”, but “What troubles do users encounter in a specific scenario, and how can our model technology help them in the lightest and most direct way?”. This kind of user-centered reverse thinking prompted them to give up the pursuit of large and comprehensive functions, and instead focused on creating a "minimum lovable product" (Minimum Lovable Product) and pushing it to the market at an extremely fast speed for verification.
This case clearly sends a signal to the market: In the current stage of artificial intelligence competition, the key to winning or losing is no longer just who has more model parameters and scores higher in benchmark tests, but also who can quickly transform these model capabilities into products that users really need and are willing to pay for.
The success of the “nano banana” project undoubtedly brought a huge warning to OpenAI. Through this operation, Google has proven that it not only has top-notch technology that can compete with the GPT series of models, but more importantly, it has a mature, large and experienced organizational system that can quickly "monetize" these technologies into products that users love.
In contrast, although OpenAI gained a first-mover advantage with the emergence of ChatGPT, its rhythm and strategy are relatively more prudent and conservative in subsequent product iterations and feature evolutions. Behind this difference, it reflects the difference in the organizational genes of the two companies: Google is a company with product and engineering as its core driving force, while OpenAI has long been more like a research-centered laboratory.
When the market gradually shifts from the initial surprise and curiosity to the pursuit of practical value and stable experience, this research-oriented gene may become an obstacle to its continued leadership. Google's quick follow-up and demonstration of productization capabilities made OpenAI realize that they really needed this kind of productization capability to strengthen the entire team.
04
Against this background, the underlying logic of acquiring Statsig becomes extremely clear. This is not only a replenishment of technology or talent, but also a positive response to the strategic pressure of competitors, and a "suck-away" operation aimed at changing the DNA of one's own organization.
The product development philosophy advocated and practiced by Statsig - building excellent products through a cycle of rapid experimentation, data collection, verification, and iterative optimization - is almost completely consistent with the successful methodology demonstrated by Google in the "nano banana" project.
Faced with the proven successful path of its competitors, OpenAI did not choose to start from scratch and slowly incubate and cultivate this culture and capabilities internally. Instead, it chose the most direct and efficient way: directly acquiring the best practitioners of this concept. This is a typical strategy of “exchanging money for time”. In the ever-changing artificial intelligence battlefield, time is often the most precious resource.
An important detail is that OpenAI itself was already a Statsig customer before the acquisition.
This means that OpenAI’s engineering and product teams have personally experienced its value in using the Statsig platform. They are well aware of the importance of this set of tools in improving development efficiency, reducing decision-making risks, and scientifically evaluating the effects of product changes. It is based on this in-depth understanding that OpenAI has made a strategic upgrade from "renting tools" to "owning DNA".
They realize that it is not enough to just use the platform as an external customer. This ability of rapid experimentation and data decision-making must be thoroughly integrated into their own blood and become the thinking habits and working methods of every product manager and engineer. Through the acquisition, OpenAI not only gained ownership of the platform, but more importantly, the entire team that built and maintained the platform.
The acquisition also marks an important shift in the competitive focus of the entire artificial intelligence industry. In the past few years, competition in the industry has mainly revolved around the "hard power" of models, with major companies and research institutions competing for larger model sizes, higher parameter quantities, and rankings on various academic evaluation lists. This can be called the "model parameter competition" stage.
However, as the performance of the head model gradually converges, the marginal benefits brought by simply relying on the improvement of model capabilities are diminishing. Users and the market are beginning to pay more attention to the actual experience of the product: Is the application stable and reliable? Does the function meet actual needs? Is the interaction smooth and natural? Can it solve specific problems in specific scenarios? The answers to these questions all depend on productization capabilities.
Therefore, the competition in the industry is entering the second half, that is, the "product experience competition" stage. In this new stage, whoever can establish a more agile development process, conduct effective experiments more frequently, collect and respond to user feedback more quickly, and polish product details more precisely will be more likely to stand out in the fierce market competition and win the favor and loyalty of users.
For OpenAI itself, the significance of this acquisition is extremely significant. OpenAI's management has a deep understanding of its shortcomings and is willing to pay a huge price to make up for them. It is foreseeable that after integrating Statsig, the update frequency and function optimization speed of OpenAI's core products such as ChatGPT are expected to be greatly improved.
In the past, experimental platforms like Statsig may have been regarded more as "standard equipment" for traditional Internet companies, but in the era of artificial intelligence, when the product itself (i.e., the model) has uncertainty and complexity, scientific experiment and verification systems have become more indispensable. This acquisition by OpenAI may cause other artificial intelligence giants to re-examine their own productization processes and increase investment in similar tools, platforms or teams. In the future, infrastructure surrounding the efficiency and quality of AI application development may become a new investment and competition hotspot.
In order to further promote the convenience of social security handling services and meet the needs of citizens for more convenient and higher-quality social security services, on June 14, the Dongguan Social Security Fund Management Center (hereinafter referred to as the "Municipal Social Security Fund Center") held a "Press the service fast-forward button to create people's happiness" social security handling service seminar at Dongguan University of Technology Changping Intelligent Manufacturing College.
Photo provided by the organizer of the seminar
At the briefing meeting, Chen Xiongtao, deputy director of the Municipal Social Security Fund Center, said in his speech that in recent years, the Municipal Social Security Fund Center has launched various convenient services such as intelligent customer service, city-wide general office, and social-bank cooperation, promoting the extension of social security handling services to the grassroots end, and striving to create a government service brand of "nearby service, one-time service".
Up to now, eight knowledge bases for intelligent customer service have been built and collected nearly 1,300 knowledge points on various social security services, effectively meeting the people’s growing, increasingly diverse, and anytime, anywhere social security consulting needs; 108 “city-wide” social security matters have been launched, and nearly 40 social security service matters have been promoted to village (community) party and mass services. Center; 55 "social-bank cooperation" self-service points and 26 comprehensive service points have been built in 19 towns and streets across the city, providing the masses with a variety of services such as window offices, online offices, self-service offices, and guidance offices, consolidating the construction of a "15-minute social security convenient service circle", making high-quality services within reach, and dynamically upgrading happiness "at the doorstep".
It is understood that the social security intelligent customer service created through AI training and knowledge graph technology can realize "7×24 hours" online service to answer all questions, accurate identification and consultation and other functions. Since its launch in April 2021, the service has covered ten new media channels such as the "Dongguan Human Resources and Social Security" mini program and the "Dongguan Social Security" WeChat official account, serving a total of 1.9065 million people, with a problem resolution rate of over 98.76%. While effectively reducing the pressure of traditional manual customer service, it has achieved "zero waiting", "zero errands" and "second replies" for mass consultations.
Social security services tend to be more convenient, intelligent and high-quality. Photo provided by the organizer
Next, the Municipal Social Security Fund Center will continue to make social security services more convenient, intelligent, and high-quality as the direction of efforts, thoroughly implement "precise distribution, refined services, and refined management" of social security management, optimize the social security management service model in an all-round and multi-step manner, continue to promote intelligent customer service to improve quality and efficiency, keep up with the development of artificial intelligence technology, and provide unquestioned services based on user insurance data and usage scenarios. Provide personalized services such as first-responder and customer-facing services; continuously expand the scope of social security handling services, implement government window guidance services, extensively build "social-bank cooperation" integrated outlets, promote all types of social security services to be handled nearby, quickly and well, open a new chapter of "people can do things conveniently, and handling services improve quality and efficiency", and strive to show new responsibilities and make new contributions in the overall high-quality development of social security.
Preface
Good and evil will be rewarded in the end!
Tse Yin, the romantic fourth brother who once dominated the Hong Kong film industry, is now 89 years old and can only live in a wheelchair.
After half a life of glory and countless love stories, only caregivers are left to accompany him when he grows old. His relatives are alienated and his health collapses. A life of carefree life is replaced by a miserable life in his later years.
Netizens exclaimed: This is the most authentic real-life newspaper!
01
When it comes to the most popular male stars in the Hong Kong entertainment industry, Xie Xian is ranked second, and no one dares to be ranked first.
When he was young, he was more than 1.8 meters tall, with three-dimensional facial features and a strong temperament. As soon as he wore sunglasses and a suit, he was the center of attention wherever he went. He was definitely "the most handsome man in Hong Kong".
He entered the industry in the 1950s and became famous with classic works such as "The Legend of the Condor Heroes", "The King of Kings" and "Love in Thousands of Rivers and Mountains". He became the top star in the Hong Kong film industry at that time, with fans all over the Taiwan Strait and three places. Even female stars inside and outside the industry were fascinated by him.
How prosperous was Xie Xian at that time?
He always goes out in a luxury car, accompanied by bodyguards and assistants. He is surrounded by people wherever he goes. When eating and socializing, he is surrounded by celebrities. Even the gambling king Stanley Ho personally came to his rescue, and Chow Yun-fat even took the initiative to be his best man. This shows how high his status in the industry is.
What is even more enviable is that he lived a life of wantonness and was not bound by the world. His clothes were always exquisite and his hairstyle was not messy at all. Even when he was sixty or seventy years old, he still never left his sunglasses. He was full of aura and became synonymous with "chicken brother" in the eyes of everyone.
But behind this chicness is all reckless romance and squandering.
Xie Xian himself did not shy away from it. In many interviews, he boasted that his love history was "extremely brilliant" and admitted that he had loved countless women in his life. Every relationship was vigorous, but he had never truly cherished it.
"The one you like the most is the one you were with at the time. After you get together with the next one, you won't remember the one before."
His romantic affairs are not low-key ambiguous, but blatantly public. Every relationship is known to everyone, and he even does not hesitate to hurt the people closest to him.
It was this unscrupulousness that laid the deep hidden dangers for his desolation in his later years.
02
Xie Xian's love history can be called the "gossip textbook" in the Hong Kong entertainment industry. From young to old, he has never been separated from women. He is most familiar with the four relationships, each of which was vigorous, but because of his selfishness and irresponsibility, he ultimately left regrets.
The first part is about his first love when he first entered the industry - Jia Ling.
The two belong to the same company, get along day and night, and have a mutual affection for each other. Their relationship lasted for ten years. When Xie Xian was not popular, Jia Ling accompanied him through the hard days. But after he became popular, he indulged in feasting, entertainment, and casino entertainment, and gradually alienated Jia Ling.
When faced with trying to stay, Xie Xian bluntly said, "I don't have enough time to play, so how can I have the time to accompany you?" The ten-year relationship finally came to an end.
The second episode is the romance with actress Xiao Fangfang.
There is an 11-year age difference between the two, and their talent and beauty are legendary.
Xiao Fangfang is talented and principled, and she persuades Xie Xian to focus on improving himself, but Xie Xian goes his own way and complains that she is "too lenient".
Xiao Fangfang couldn't see the future and took the initiative to break up. Xie Xian turned around and devoted himself to his next relationship without holding back.
Later, Xiao Fangfang had a successful career and love, and she was happy in her later years, which formed a sharp irony with Xie Xian's romantic life.
The third paragraph was his first marriage, to Taiwanese beauty Zhen Zhen.
The 38-year-old Xie Xian married Zhen Zhen, who was 12 years younger. Zhen Zhen was a top actress in Taiwan at the time, but the marriage only lasted two years before breaking up.
After marriage, Xie Xian was still playful, stayed out at night, and had an affair with an actress. Zhen Zhen tried to persuade her many times to no avail, and eventually divorced.
Not only did Xie Xian fail to reflect, he also complained about Zhen Zhen everywhere. Netizens complained: "Forget it is irresponsible, but you still beat her up, your character is worrying."
The fourth marriage was with Deborah, a Hong Kong sister, and it was also the only marriage in which he had children.
In 1979, the two held a wedding of the century costing HK$2 million, which caused a sensation in Hong Kong.
After getting married, Deborah retired from the entertainment industry to support her husband and raise children, and gave birth to Nicholas Tse and Tingting Xie. When Nicholas Tse owed a huge debt of 16 million in 1985, she asked the gambling king to help him pay it off.
But Xie Xian's true nature was still hard to change. After marriage, he frequently cheated on his wife, stayed out at night, became addicted to gambling, and ignored his family.
Deborah forbeared to forgive many times, and finally filed for divorce in 1995. Xie Xian voluntarily gave up the custody of her children.
After the divorce, Deborah remarried and lived a happy life, while Xie Xian continued to be romantically involved without any regrets.
03
If Xie Xian's romance in his youth could still be tolerated by others based on his good looks and fame, then his romance in his later years completely refreshed the bottom line of netizens and put his romantic image on the pillar of shame.
In 2005, 69-year-old Xie Xian was introduced by a friend to model Coco, who was only 20 years old at the time.
There was a 49-year age difference between the two, but Xie Xian fell in love with Coco at first sight and took the initiative to pursue her.
At that time, although Xie Xian was nearly seventy years old, he was still full of aura, generous with money, and even more protective of Coco.
Not only did he finance Coco's study of fashion design abroad, he also provided her with a home in a mansion in the Mid-Levels of Hong Kong, with constant living expenses and pocket money. He even often took her to attend various events, kissed her in public, and did not shy away from this disparate relationship.
In the face of doubts from the outside world, Xie Xian and Coco did not care and remained inseparable. This relationship lasted for 12 years, making it the longest of all Xie Xian's relationships.
Xie Xian even said frankly in the interview that he loved Coco very much, "How could I have been with her for 12 years if I didn't love her?" He also admitted that the relationship between the two has nothing to do with age and is only sincerity.
But this "sincerity" failed to withstand the test of reality. In 2018, the two officially announced their peaceful separation.
Until recently, Coco revealed in a live broadcast that after breaking up, she and Xie Xian still kept in touch. Every time she returned to Hong Kong, she would visit him. When it came to Xie Xian, she did not complain, but was full of gratitude. She thanked him for sponsoring her study abroad and bringing her into contact with the fashion industry, which made her grow a lot.
But she also admitted that this relationship was ultimately a regret. Her biggest regret was that she could not realize her wish to get married and have children.
Now 41 years old, she is still single. Seeing that her peers around her are getting married and starting families, she feels a little disappointed.
04
Recently, Hong Kong media have repeatedly photographed Xie Xian's current situation. The picture of him completely broke everyone's filter.
At the age of 89, he is so thin that only a handful of bones are left. The blood vessels on the back of his hands are clearly visible. His face is covered with age spots and his skin is sagging.
After taking off his sunglasses, his eye sockets were sunken, his eyelids drooped, and his eyes were cloudy. He no longer had the energy he once had and looked very haggard.
Today, he has completely lost his mobility and has to rely on a wheelchair to get around. He needs four caregivers to help him get in and out of the car, turn around, and even sit up.
The once high-spirited "fourth brother" now has no basic ability to take care of himself and has lost all his dignity.
Not long ago, Wang Mingquan held a family dinner and invited many veteran artists in the industry. Xie Xian was also pushed by the caregiver to attend, but now Xie Xian can only sit in a wheelchair in the corner and no one cares.
Some netizens captured this scene and lamented: "You were so beautiful when you were young, but you are so lonely when you are old. The once romantic brother now doesn't even have anyone to talk to. It's so miserable."
What is even more distressing is that Xie Xian's body is still deteriorating. He has been plagued by various diseases all year round and has to take a large amount of medicine every day to barely maintain his physical condition.
He spent his whole life staying up late socializing, smoking and drinking, and never cared about his health. When he was young, he relied on his good health to spend money wantonly.
But in the end, time and disease still took their revenge. No matter how rich the family background was, no matter how strong the reputation was, they could not stop the body from collapsing.
05
The most lamentable thing about Xie Xian in his later years was not the aging of his body or the torture of illness, but the complete alienation from family ties.
He was romantic all his life, only caring about his own enjoyment, but neglecting the company and education of his children, sowing the seeds of alienation from family.
Now that I am old, I realize that I am alone after all. The so-called children and grandchildren are just my wishful thinking, and it is just a superficial excitement during the holidays.
At that time, Xie Xian was addicted to gambling and owed a huge debt of 16 million, which he could not repay. In order to save his face and pay off the debt, he actually asked Nicholas Tse, who was only 15 years old, to drop out of school and make a debut to pay off the debt for his father.
At that time, Nicholas Tse was still an ignorant boy. He should have enjoyed the happiness of childhood, but instead he had to shoulder the burden of his family. He worked hard every day filming and catching up on announcements. He was out of breath from exhaustion and even often injured.
But Xie Xian never cared about him, and still only cared about his own squandering and romantic affairs.
This experience left a deep shadow in Nicholas Tse's heart, and also made the relationship between father and son full of cracks since childhood.
Even though Nicholas Tse later had a prosperous career and became a top player in the industry, he still could not forgive his father's selfishness and irresponsibility, and he could never get close to him.
Nowadays, Nicholas Tse is busy with his career and with Faye Wong. Throughout the year, he only visits Xie Xian very few times. Although he will pay the caregiver's fees on time and give Xie Xian enough living expenses, he cannot give him the companionship he wants.
Hong Kong media reported that Tse Xian publicly called Nicholas Tse many times, hoping that he could spend more time with him, hope that he could remarry Cecilia Cheung, and look forward to family reunion.
But Nicholas Tse never responded or fulfilled his wishes. He still lived his own life, turning a blind eye to his father's loneliness and expectations.
As for her daughter Xie Tingting, she has lived abroad all year round and rarely returns to Hong Kong. There is almost no contact between the father and daughter. The occasional phone call only involves a few simple greetings without any unnecessary words.
Xie Xian once tried to win back his daughter's heart, but Xie Tingting was always lukewarm towards him.
Perhaps, in her heart, she always remembers her father's neglect of the family and the harm he caused to her mother. This harm has never been diluted by time.
Nowadays, Xie Xian's mansion is empty, with only caregivers to accompany him. He often sits in a wheelchair and stares at the empty living room in a daze, recalling the romance of his youth and full of regrets.
He left most of his inheritance to his grandson and Cecilia Cheung in an attempt to make up for his debt, but he knew that once some damage was done, it could never be erased.
summary
When he was young, he was romantic and unrestrained, and he thought he could control everything for the rest of his life. He thought that romance, fame and fortune would accompany him throughout his life, but he never thought that the way of heaven would reincarnate and retribution would never be happy.
Today, he is paralyzed in a wheelchair, suffering from illness, estranged from his relatives, and separated from his lover. The former romantic brother has finally become the biggest joke in the entertainment industry and the most real example of "revenge in this world".
【Disclaimer】
The process and pictures described in the article are all from the Internet. This article aims to promote positive energy in society, without any bad guidance such as vulgarity.
On February 28, Israel and the United States suddenly launched military strikes against Iran, affecting many countries in the Middle East. The international community has condemned the US-Israeli military actions and called for diplomatic solutions to the problem.
A spokesman for the Chinese Ministry of Foreign Affairs said that China is highly concerned about the military attacks by the United States and Israel on Iran and that Iran's national sovereignty, security and territorial integrity should be respected. China calls for an immediate halt to military operations, to avoid further escalation of tensions, to resume dialogue and negotiation, and to maintain peace and stability in the Middle East.
Many countries in the Middle East are affected
After the attack, Iraq announced the closure of its airspace. The Security Media Center under the Iraqi Joint Operations Command issued a statement on February 28 saying that the northern part of the country's Babylon Province was hit by an air strike that day, killing at least two people and injuring three others.
The roar of planes was heard from time to time over Jordan, and sirens could be heard in the capital Amman. According to Jordanian media reports, missile fragments fell into an uninhabited area in the northern Jordanian city of Irbid. The Jordanian Armed Forces issued a statement saying that it will continue to protect its airspace and safeguard national sovereignty with the highest efficiency and capabilities.
Bahrain's Interior Ministry issued a security alert on the 28th, calling on the public to remain calm and go to the nearest safe location. The U.S. Embassy in Bahrain said on the same day that all embassy staff have taken shelter in place and advised all U.S. citizens in Bahrain to take the same measures. Saudi Arabia's Al Arabiya TV reported that the U.S. Fifth Fleet Service Center in Bahrain was attacked by a missile that day.
Qatar's Al Jazeera television channel reported, citing sources, that Qatar closed its airspace after the attack. The Qatari Defense Ministry said its air defense system intercepted a missile from Iran. The Ministry of Interior of Qatar issued a statement on social media saying that the security department is closely monitoring the situation around the clock and maintaining coordination with relevant parties to ensure public safety and the normal operation of various services.
In addition, according to media reports from Middle Eastern countries and regions, explosions also sounded in the United Arab Emirates, Kuwait, Qatar, Lebanon, Saudi Arabia and other countries that day. Iranian media reported that Iran is attacking US military bases in the Middle East. A U.S. official said that no reports of U.S. military casualties have been received yet. However, this assessment is only current and the situation is still changing. US-Israeli strikes will continue, and Iran is expected to continue to retaliate. U.S. President Trump issued a video speech on social media in the early morning of the 28th, saying that the use of force against Iraq may cause casualties in the United States.
Lebanese Prime Minister Nawaf Salam called on the people on social media that day to remain calm and rational amid the tense regional situation and to put national interests first. He emphasized that the government will not allow any behavior that endangers national security.
The Dubai Airports Company in the United Arab Emirates announced on the afternoon of February 28 that due to changes in the current regional situation, flight operations at Dubai International Airport and Al Maktoum International Airport have been suspended. Dubai Airports advises passengers not to go to the airport and to contact their airline for the latest flight information.
Many Chinese embassies, consulates and offices in Palestine in Lebanon, the United Arab Emirates, Qatar, Jordan, Iran, and Israel have issued security reminders to remind local Chinese citizens to pay close attention to the regional security situation and effectively enhance security awareness.
Many countries condemn US-Israeli military action
On February 28, Russia, Spain, France, Oman and other countries condemned the US-Israeli attack on Iran, urging relevant parties to exercise restraint, ease the situation, and return to diplomatic means to resolve differences.
The Russian Foreign Ministry issued a statement saying that the air strikes launched by the United States and Israel against Iran were a deliberately premeditated and unprovoked act of armed aggression. Russia demands an immediate political and diplomatic solution to the problem.
The statement pointed out that the military attack by the United States and Israel on a sovereign and independent United Nations member state violated the basic principles and norms of international law. Russia calls on the international community, including the United Nations and the International Atomic Energy Agency, to make an objective and uncompromising assessment of actions that undermine peace, stability and security in the Middle East.
Russia believes that bombing nuclear facilities subject to the International Atomic Energy Agency's safeguards and supervision is "unacceptable" and will have serious consequences for the global nuclear non-proliferation system. The actions of the United States and Israel will push the situation in the Middle East out of control and stimulate many countries, including regional countries, to strengthen their armaments to deal with threats. The statement emphasized that Russia demands an immediate return to the track of political and diplomatic settlement, and that Russia is willing to promote a peaceful settlement of the issue on the basis of international law and the principles of mutual respect and balance of interests.
French President Macron said that the outbreak of war between the United States, Israel and Iran would have "serious consequences" for international peace and security, and called on relevant parties to immediately cease fire and resolve differences through negotiations.
Spanish Prime Minister Sanchez said that he opposed unilateral military actions by the United States and Israel, saying that such actions would escalate the situation and make the international order "more unstable and confrontational." He called on relevant parties to immediately de-escalate the situation and respect international law.
European Council President Costa and European Commission President Ursula von der Leyen issued a joint statement saying they were "deeply concerned" about the situation and that all parties should "exercise maximum restraint, protect civilians and fully respect international law."
German government spokesman Sigmundsson said that Germany is paying close attention to the development of the situation and maintaining close coordination with other European countries.
Omani Foreign Minister Badr shouted to the United States on social media, "This is not your war" and "Don't be further involved." He was disappointed that "positive and serious negotiations have once again been undermined." Oman was the mediator in previous indirect negotiations between Iran and the United States.
The Palestinian Islamic Resistance Movement (Hamas) issued a statement "strongly condemning" the US-Israeli aggression against Iran, calling it a "direct attack" on the security and stability of the entire Middle East region.
Cuban Foreign Minister Rodriguez said that the US-Israeli attack on Iran "violated Iran's sovereignty and territorial integrity" and related actions were "irresponsible" and undermined international peace and security.
It is called Targeted Poverty Alleviation, but it is actually an illegal pyramid scheme with tens of billions of yuan involved. It adopts the method of "pulling people's heads" to expand its membership, attracting more than 5 million people in a year; under the aura of charity, more than one billion yuan has quietly entered Zhang Tianming's personal life. People's pockets... Recently, the Ministry of Public Security organized an investigation into the suspected large-scale pyramid scheme case of "Shanxinhui", and investigated and dealt with criminal issues such as Zhang Tianming, the legal representative of Shenzhen Shanxinhui Cultural Communication Co., Ltd., for organizing and leading pyramid schemes in accordance with the law.
Starting in May 2016, Zhang Tianming and others promoted "poverty alleviation, wealth sharing and symbiosis" and planned, manipulated and developed people to join the "Shanxinhui". Up to now, "Shanxinhui" has more than 5 million registered members, with members all over the country.
The police handling the case revealed its pyramid scheme nature by analyzing its model. Participants can activate a membership account by purchasing a "good seed" from the recommender at a price of 300 yuan each. After the member account is activated, you can earn high profits by investing funds and developing downlines.
"This is a scam that spreads rumors. Once the offline development slows down and the capital inflow is less than the payment volume, the capital chain will break and the system will collapse." The policeman handling the case told reporters.
As of June 1 this year, the member fund gap reached more than 9.2 billion yuan, involving more than 2.3 million members.
"Poverty alleviation" and "mutual help and symbiosis" are the slogans of "Shanxinhui" when developing members, claiming that all money is used for poverty alleviation and charity. But in fact, in addition to the capital cycle of "old people eating new people", a large amount of funds from "Shanxinhui" members entered the private pockets of Zhang Tianming and others in a similar way.
The police handling the case cited some examples to reporters. For example, organizing condolences to poor households does not cost much, but it has a huge impact and is widely publicized when recruiting new members. In the name of assistance, some poor households are even developed into members.
The policeman handling the case said that behind the "fake poverty alleviation" was the "real money-making" of Zhang Tianming and others. Most of the fees involved in the case, such as "Good Seeds", "Good Heart Coins" and "Unfreeze Fees", were directly transferred by members to Zhang Tianming's multiple personal accounts. Zhang Tianming made more than one billion yuan in profits in a year, and other key members also had varying degrees of illegal gains.
According to Xinhua News Agency, Beijing, July 28
In this era of rapid digital development, virtual currency has become an indispensable part of the modern financial market. Today, we will focus on the real-time trend and analysis of today’s virtual currency market. First, let’s take a look at the overall cryptocurrency market. As two core assets, Bitcoin and Ethereum's price fluctuations directly affect the entire market sentiment.
Bitcoin prices have risen over the past 24 hours, demonstrating growing investor confidence in the digital gold. At the same time, Ethereum is also showing a steady upward trend, which is related to its upcoming proof-of-stake upgrade. The expected upgrade will bring greater security and efficiency to Ethereum. In addition to these two mainstream currencies, many other niche currencies such as Litecoin (LTC) and Monero (XMR) are also actively performing.
Currency digitization is one of the important factors driving the rise of virtual currency prices. As technology continues to advance, the acceptance of digital currencies is increasing, with more retailers and service providers starting to accept cryptocurrencies as payment methods. In addition, the additional issuance of USDT (Tether) stable currency has also become a factor supporting the market. Since USDT is an asset anchored by the U.S. dollar, its issuance is usually accompanied by an increase in the value of the U.S. dollar, which indirectly injects a certain amount of confidence into the market.
However, the virtual currency market remains highly volatile. On the one hand, this is because the structure of market participants is complex, including individual investors, professional institutions, and even large financial institutions; on the other hand, the uncertainty of regulatory policies often triggers panic in the market. Bloomberg News' report "Bitcoin's Maturity Leap" pointed out that under the impact of the COVID-19 epidemic, the global economy and financial system have suffered unprecedented challenges, and virtual currency, as a new asset class, has shown strong resilience in the crisis.
From a technical analysis perspective, the historical trading chart of LTC (Litecoin) shows a steady increase in its price, which is related to its mining difficulty adjustment mechanism. Each difficulty adjustment will affect the generation speed and total amount of new coins, thereby affecting the market price. As an early-existing virtual currency, NMC (Namecoin) has high price volatility, but its long-term bullish trend is also the focus of market analysts.
The real-time market situation of virtual currency exchange rates shows the dynamic changes in digital currency exchange prices across the entire network. The cryptocurrency exchange rate channel of Real-time Exchange Rate Network provides a wealth of market data and charts to help investors make effective risk management and asset allocation decisions. However, due to the unpredictability and complexity of the market, any interpretation of the market should be treated with caution and supplemented by one's own independent judgment.
In summary, today’s virtual currency market has shown positive momentum, but at the same time there are also uncertainties. With the gradual clarification of regulatory policies and changes in the structure of market participants, the future trend of virtual currencies deserves continued attention and in-depth study. Investors need to be aware of risks when participating, allocate assets reasonably, and do not blindly follow the trend.
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