Lijin Finance

Newsflash

• There Are Many Traps In Virtual Currency Investment, And Many People In Nantong Have Fallen Into High-return Scams

  When "high return" meets "virtual currency", can it create a "blind faith" with double blessing? Is it possible to achieve "get rich overnight" with this seemingly high-end project? What investors value is "gaining wealth and wealth through insurance", but what criminals value is your pocketbook!

  

  Mr. Lu, a resident of Haimen, Nantong City, has been dormant in a stock recommendation WeChat group for a long time. In March this year, he heard from a stock recommendation guru that the stock market was not doing well and was going to lead everyone to speculate in "virtual currencies." The stock recommendation guru sends a QR code to ask people who want to speculate in coins to download the "OCX" APP. Mr. Lu downloaded it excitedly. He cautiously invested several thousand yuan in the early stage and gradually made some money. Later, the stock recommendation expert urged Mr. Lu to pay a deposit of more than 70,000 yuan on the grounds that "NUS" and "WOT" new coins were listed and the new coins were listed. After paying the required amount, Mr. Lu saw the Singapore currency index rising. He wanted to sell the currency and withdraw cash, but found that he could not withdraw the money. The platform continued to require payment of a 5% profit tax. Mr. Lu was defrauded of more than 80,000 yuan in total.

  Coincidentally, Ms. Mei from Qidong, Nantong, downloaded a virtual currency investment platform called "HaiSheng" APP through the introduction of her boyfriend on the Internet. Ms. Mei successively recharged about 300,000 yuan, and when she saw that she had made a lot of money in her account, she wanted to withdraw cash. The platform required payment of 20% tax, and Ms. Mei, who was eager to withdraw cash, immediately transferred the money without thinking. The platform asked for an additional deposit of US$5,000. Ms. Mei transferred the money again, but found that the platform made an error and could not withdraw cash. Ms. Mei was defrauded of more than 500,000 yuan in total.

  Friendly reminder from the editor: On September 4, 2017, the People's Bank of China and other departments issued the "Announcement on Preventing Financing Risks of Token Issuance". The announcement stipulates that virtual currencies such as Bitcoin and Plus Coin are not issued by my country's monetary authorities, are not legally compulsory and compulsory, do not have the same legal status as currency, and cannot be circulated and used in the market. The illegal sale and circulation of virtual currencies is an act of illegal public financing without approval. There are currently no cases supported by the court.

  

  Key points: "Virtual currency" does not have legal or compulsory monetary properties, and is not a currency in the true sense. Investing in "virtual currency" requires taking huge risks and is not protected by law. Investors must not blindly pursue high returns, and must not follow the trend and believe in "good promises" and fall into the trap of fraud gangs.

  For more detailed reports, welcome to listen to various programs of Jiangsu News Broadcasting (FM93.7 in Nanjing area, FM95.3 in southern Jiangsu area), "Jiangsu News Network" 07:00-07:30, "Morning News Peak" 07:30-09:00, "Evening News Peak" 18:00-19:00.

  1 hours ago

• Kaspersky Discovers High-risk Zero-day Vulnerability In Google Chrome And Reveals Operation ForumTroll

  Kaspersky discovered and helped fix a high-severity zero-day vulnerability (CVE-2025-2783) in Google Chrome that allowed attackers to bypass the browser's sandbox protection system. The vulnerability was discovered by Kaspersky's Global Research and Analysis Team (GReAT). In addition to clicking on the malicious link, the user does not need to perform any interactive operations, showing extremely high technical complexity. Google has confirmed that Kaspersky researchers discovered and reported the vulnerability.

  In mid-March 2025, Kaspersky Lab detected a wave of large-scale infections caused by users clicking on personalized phishing links sent via email. Once the link is clicked, the system is compromised without requiring the victim to take any additional action. Kaspersky analysis confirmed that the flaw exploited an unknown vulnerability in the latest version of Google Chrome, and quickly alerted Google's security team. A security patch for this vulnerability was released on March 25, 2025.

  Kaspersky researchers dubbed the campaign Operation ForumTroll because the attackers sent personalized phishing emails inviting recipients to the "Primakov Book Club" forum. The decoys targeted Russian media outlets, educational institutions, and government organizations. These malicious links live for a very short time to evade detection and in most cases end up redirecting to the legitimate website of "Primakov Readings" once the exploit is removed.

  The zero-day vulnerability in Chrome was just one part of an attack chain that included at least two exploits: a yet-to-be-obtained remote code execution (RCE) exploit that apparently launched the attack, while a sandbox escape discovered by Kaspersky formed the second stage of the attack. Analysis of the malware's capabilities revealed that the primary purpose of this operation was espionage. All evidence points to an Advanced Persistent Threat (APT) group.

  "This vulnerability stands out among the dozens of zero-day vulnerabilities we have discovered over the years," said Boris Larin, principal security researcher at Kaspersky's Global Research and Analysis Team (GReAT). "The exploit does not perform any overt malicious actions when bypassing Chrome sandbox protections - it is as if the security perimeter does not exist at all. The technical complexity displayed here shows that the developers are highly skilled individuals with significant resources. We strongly recommend that all users use Google Chrome and any Chromium-based browser Update your browser to the latest version to protect against this vulnerability."

  Google expresses its gratitude to Kaspersky for discovering and reporting this issue, which reflects the company's ongoing commitment to working with the global cybersecurity community and ensuring the safety of its users.

  Kaspersky will continue to investigate Operation ForumTroll and will release more details in an upcoming report, including technical analysis of exploits and malicious payloads, once the safety of Google Chrome users is assured. At the same time, all Kaspersky products can detect and prevent this vulnerability exploit chain and related malware to ensure that users are protected from threats.

  Kaspersky Next EDR Expert Edition, as the core component of Kaspersky Next XDR (Extended Detection and Response) expert platform, plays a key role in detecting this wave of infections caused by unknown and highly sophisticated malware. Our exploit detection and prevention technology identified this zero-day vulnerability before it became public, allowing us to fully analyze its behavior and impact.

  This discovery follows the discovery of another Chrome zero-day vulnerability (CVE-2024-4947) by Kaspersky’s Global Research and Analysis Team (GReAT) last year, which was used by the Lazarus APT group for cryptocurrency theft last year. In that case, Kaspersky researchers discovered a type confusion vulnerability in Google's V8 JavaScript engine that allowed attackers to bypass security features via a fake cryptocurrency gaming website.

  To protect against sophisticated attacks like this, Kaspersky security experts recommend the following key protective measures

  · Make sure your software is updated: Regularly install patches for operating systems and browsers (especially Google Chrome) so attackers can't exploit newly discovered vulnerabilities.

  · Adopt a multi-level security protection strategy: In addition to endpoint protection, it is recommended to deploy solutions such as Kaspersky Next XDR Expert Edition. Such solutions use artificial intelligence/machine learning (AI/ML) technology to achieve automated detection and response of advanced threats and APT attack activities by correlating multiple source data.

  · Leverage threat intelligence services: Latest contextual information like Kaspersky Threat Intelligence helps you stay informed about emerging zero-day vulnerabilities and the latest attack techniques.

  About the Global Research and Analysis Team

  Founded in 2008, the Global Research and Analysis Team (GReAT) is Kaspersky's core department responsible for uncovering APTs, cyberespionage, significant malware, ransomware and global cybercriminal underground trends. Currently, GReAT consists of more than 40 experts working globally in Europe, Russia, the Americas, Asia and the Middle East. These talented security professionals provide leadership for the company's anti-malware research and innovation, bringing unparalleled expertise, passion and curiosity to discover and analyze cyber threats.

  About Kaspersky

  Kaspersky is a global cybersecurity and digital privacy company founded in 1997. To date, Kaspersky has protected more than a billion devices from emerging cyber threats and targeted attacks. Kaspersky continues to transform deep threat intelligence and security technology into innovative security solutions and services to protect enterprises, critical infrastructure, governments and consumers around the world. The company offers a comprehensive security portfolio, including leading endpoint protection solutions and a variety of targeted security solutions and services, as well as cyber immunity solutions to combat complex and evolving digital threats. We also help 200,000 enterprise customers around the world protect what matters most. For more details, please visit www.kaspersky.com.

  3 hours ago

• Check Out The College Entrance Examination Application Form! Zhejiang University Of Finance And Economics’ 2022 Enrollment Plan Announced

  Not long ago, the China Salary Index Research Institute released the "2021 National College Graduate Salary Index Ranking". Zhejiang University of Finance and Economics ranked first among universities in Zhejiang Province, arousing widespread praise from students and parents.

  As the college entrance examination scores are released soon, many candidates have set their sights on Hangzhou, a university with high quality employment. Recently, Zhejiang University of Finance and Economics released its 2022 undergraduate enrollment plan. This year, it will enroll a total of 4,400 students from 30 provinces (municipalities and autonomous regions) across the country, with new enrollments in Guangxi and Hainan. Compared with last year, it plans to increase the number of students by 610, setting a new historical enrollment scale.

  The province’s first financial technology college is established and plans to enroll 100 students

  Zhejiang University of Finance and Economics is a financial and economics university with economics and management disciplines as its main subjects and coordinated development of economics, management, liberal arts, law, science, engineering, art, philosophy and other disciplines. The school has four campuses: Xiasha, Wenhua, Cuiyuan in Hangzhou and Changan in Jiaxing. According to statistics, since its establishment, the school has trained more than 150,000 high-quality talents at all levels and types for national economic construction and social development. The school is also known as the "Huangpu Military Academy" for Zhejiang's fiscal and tax cadres, the cradle of accountants, fertile ground for financiers, and the palace of entrepreneurs.

  

  Cao Zhen, Director of the School’s Student Affairs Office and Director of the Admissions Office, introduced that this year’s school’s admissions policy has the following key points—

  The school has a total of 45 undergraduate majors, enrolling students according to 18 major categories, 2 majors, and 3 Sino-foreign cooperative education projects. Students who are admitted according to major categories will be admitted to the school for half a year to two years. After fully understanding the majors in the category, the school will consider the students' wishes and divide them into majors within the category in accordance with relevant regulations.

  This year, Zhejiang University of Finance and Economics and Zhejiang Yingyang Asset Management Co., Ltd. jointly established the province's first financial technology college, Yingyang Financial Technology College, which is committed to cultivating high-quality innovative and applied financial technology talents who systematically master the basic theories of economics and finance, apply mathematical theoretical methods and computer technology, and cross-integrate new generation digital technologies. The college has established two undergraduate majors: Financial Engineering (Financial Science and Technology Innovation) and Financial Mathematics (Financial Science and Technology Innovation), each enrolling 50 students. Among them, the financial engineering major is a national first-class undergraduate major construction site, the provincial first-class undergraduate major construction site, and a provincial emerging specialty major. The financial mathematics major is a national cross-composite major. The major has two outstanding characteristics: practical application and cross-complexity. It is a typical combination of Internet finance and big data finance.

  

  Candidates with high scores can be given priority to majors, and students have full rights to choose their majors.

  Many candidates are very concerned about the school's within-category major diversion system. In this regard, Cao Zhen said: "Zhejiang University of Finance and Economics welcomes outstanding candidates to actively fill in their school preferences. Candidates with high scores can be given priority to switch to majors." It is understood that candidates whose total scores in the general college entrance examination in Zhejiang Province are among the top 15,000 in the province (inclusive) will be assigned to majors within the school category. When the students are transferred to the first major they applied for, they will be guaranteed to be transferred to the first major that the students applied for; when the candidates whose total scores in the general college entrance examination in Zhejiang Province are among the top 18,000 (inclusive) in the province, when they are transferred to majors within the school category, they will be guaranteed to be transferred to one of the first two majors the students applied for.

  At Zhejiang University of Finance and Economics, the school fully gives students the right to choose their majors and launches the "Access and Exit" system, which breaks the relatively solid professional study and training model in the past and builds a "overpass system" for major conversion that runs through the four years of the university, allowing students to choose majors more flexibly, with a wider scope and more opportunities.

  

  Cao Zhen introduced that the "access" mechanism gives students the right to choose majors. Each major (category) publishes the access threshold. As long as you meet the access requirements, you can apply to study in that major (category), allowing students to choose majors independently according to their own conditions and interests; the "access" mechanism encourages crossover and integration. Multiple majors can be studied across categories, and the right to graduate is given to students. As long as they meet the admission requirements of a certain major, they can apply to graduate from that major. Students who have enough academic ability and meet the admission requirements for multiple majors can freely choose their graduation majors and minors, allowing for a more flexible graduation path.

  There are many opportunities for international exchange and learning, and the employment quality of graduates is outstanding.

  The school has always insisted on using open education as a bridge to continuously deepen international exchanges and cooperation.

  As the school's characteristic majors, the three Sino-foreign cooperation majors, Sino-Canadian Accounting, Sino-American Marketing, and Sino-British Finance, introduce high-quality foreign educational resources and advanced teaching management models. Students who meet the graduation (degree) requirements of their major within the specified period of time can obtain an undergraduate degree and bachelor's degree certificate from Zhejiang University of Finance and Economics. Students who choose to apply to study abroad and meet the degree-granting requirements of partner schools can also obtain a bachelor's degree from the corresponding partner university at the same time.

  Not only that, the school has also established good inter-school relations with 137 universities in 33 countries and regions, and carried out international exchanges such as teacher exchanges, student exchanges, and scientific research cooperation. "At the same time, the earliest ACCA and CGA examination center in Zhejiang Province is also at Zhejiang University of Finance and Economics, and it has also been certified as an ACCA platinum-level accredited educational institution." Cao Zhen said proudly.

  

  Employment is the focus of many candidates and parents. "The school regards talent cultivation as its core task and incorporates employment work into the overall strategy of the school's talent training project." Cao Zhen said that in recent years, school graduates' employability, salary levels, employer evaluations, enrollment rates and other indicators have all performed outstandingly. The graduates' further study rate is nearly 30%, and the initial employment implementation rate is above 90%. More than one-third of students enter high-quality industries such as civil servants, public institutions, and state-owned enterprises. More than 60% of graduates work in business, finance, accounting and other industries, which fully reflects the school's characteristics in cultivating economic and management talents.

  4 hours ago

• The Current Situation Of 50-year-old Chen Kun Is Exposed! I Had A Miserable Childhood, And I Suffered A Lot When I Was Living Under The Shelter Of Others.

  It was only in January that the 50-year-old Chen Kun's current situation was exposed, and it turned out that Pan Yueming did not lie.

  

  01

  Chen Kun's childhood color was "black".

  

  Born in the slums of Chongqing.

  After his parents divorced, he and his younger siblings lived with their mother.

  But the mother could not raise three children by herself, so the young Chen Kun was sent to his grandmother's house for foster care.

  

  He has experienced the feeling of being under someone else's roof since he was a child.

  Even when he returned to his mother at the age of 11, life was not much easier.

  

  My father rebuilt his family.

  During the Spring Festival, he came home and wanted to get some lucky money.

  

  Unexpectedly, he offended his stepmother.

  As a result, I didn't get the money and was scolded.

  "My stepmother was a little unhappy, and my dad scolded me because I was so tired."

  

  After the New Year, he returned to school.

  I was beaten again for no apparent reason.

  

  He went home to find someone to support him.

  Unexpectedly, the person who punched and kicked him was specially found by his stepmother's son.

  "You were beaten, and then you went to ask for help. Unexpectedly, he ordered someone to beat you in time."

  

  At that moment, he completely understood that home was not his home.

  "I don't feel the need for a father figure."

  

  In order not to rely on his father, Chen Kun started working from an early age.

  waiter,

  Sing at the bar and accompany you with drinks,

  Moving bricks at the construction site.

  

  As long as he can make money, he will do anything.

  Life at the bottom has tempered his character and made him mature much earlier than his peers.

  

  In 1996, he was admitted to Nortel.

  Life began to change from then on.

  But even so, he is still the young man with low self-esteem.

  

  He looked at Huang Xiaoming, who was in his class, and felt that he was glamorous, but he was just a "native".

  

  Fortunately, everything has a “pro and a con”.

  The negative side is that he has extremely low self-esteem, and the positive side is that the sensitivity and restraint he developed in this repressive environment have become his unique acting talent.

  

  In 2003, the movie "Golden Pink Family" made him popular all over the country.

  Jin Yanxi, who is suave, affectionate and a little paranoid, was brought to life by him.

  

  His melancholy and affectionate eyes captivated audiences across the country and made him the most popular "national husband" at that time.

  

  After that, life was a mess.

  "Painted Skin", "Flying Swords of Dragon Gate" and "Searching for the Dragon".

  

  One after another became a hit.

  Finally, he became a recognized powerhouse in the circle and stood at the pinnacle of his career.

  

  The scenery is endless.

  But just when everyone thought he was going to have a smooth journey, a heavy thunder hit him by surprise.

  

  In 2007, the media revealed that Chen Kun had a son.

  

  At first he said he was adopted.

  But as soon as the photo came out, everyone could tell that the child was his own child.

  

  He did not hesitate and admitted frankly:

  He is indeed his biological child

  

  However, he did not mention a word about the identity of the child's mother.

  He even kept it secret for more than 20 years.

  

  During this time, the outside world went through all the people they could think of in their minds, not letting go of any possibility:

  Zhou Xun, He Lin, Li Bingbing, Zhang Ziyi...

  

  Even nannies are on the "list."

  But no matter who guessed, he denied it.

  

  Among them, Zhou Xun was the most guessed.

  

  Because the relationship between the two was so good that everyone thought they were a couple.

  

  It wasn't until Zhou Xun's wedding, when he brought his son to the scene to give him a ring, that the rumors were clarified.

  Later, Chen Kun gradually faded out, and the public slowly gave up speculation.

  

  It wasn't until January 2026 that he held hands with Dong Jie and reignited public opinion.

  02

  January 15, 2026, Chongli, Hebei.

  Chen Kun and Dong Jie appeared at a brand event holding hands.

  

  He wore a dark-toned coat, while she wore a bright red dress.

  At 182 centimeters tall, he slowed down and matched her pace. The tacit understanding seemed nothing like a staged photo shoot.

  

  When the photo was exposed, the entry "Dong Jie and Chen Kun revealed their relationship" instantly became a hot search topic.

  

  But why does their relationship need to be defined by the word "love"?

  

  In 2003, on the set of "The Golden Family".

  Chen Kun plays Jin Yanxi and Dong Jie plays Leng Qingqiu.

  

  Dong Jie later talked about it on the show with a smile in her eyes.

  The filming is over, and the story of Jin Yanxi and Leng Qingqiu is over.

  

  But the friendship between Chen Kun and Dong Jie has just begun.

  

  How deep is this friendship?

  In 2013, Dong Jie and Pan Yueming's marriage scandal caused a stir and became the focus of everyone's attention.

  

  Photos of her passionate kiss with Wang Dazhi were made public, and the beautiful persona of the "pure and beautiful girl" collapsed overnight.

  

  Public opinion is overwhelming, and people in the circle hide faster than anyone else.

  He was the only one who always stayed with her, and even posted a message publicly on her birthday without hesitation:

  “Don’t be hung up on the past.”

  

  Later, when he was interviewed by the media, he was even more direct:

  "She will always be my sister and I will be there when she needs her."

  

  In the entertainment industry, no one dares to say this easily.

  Because as I said, I am standing in line and shouldering the thunder.

  But he carried it.

  Not only did he carry it, he also helped.

  

  It is said on the Internet that Dong Jie was able to obtain the high-quality resource "Ruyi's Royal Love in the Palace", which was inseparable from Chen Kun's recommendation.

  

  She has been silently supporting his charity project "The Power of Walking".

  He would collect the works of his friend's son, and she would think of him when she returned to her hometown and send him some special snacks.

  

  The relationship between them has gone beyond "the love between a man and a woman."

  Faced with overwhelming public opinion, Pan Yueming only said one sentence:

  "Still believe in love."

  

  Now looking at Chen Kun's constant protection for the past twenty-three years, maybe Pan Yueming really didn't lie.

  

  Because he knew that the people who could stay by her side were the ones she trusted and trusted her.

  Chen Kun, who attaches great importance to love and righteousness, explains with his actions what "friendship between gentlemen" means.

  

  So, how is Chen Kun, who has protected everyone's secrets, doing now?

  03

  London Fashion Week.

  Chen Kun attended the show as a brand spokesperson.

  

  After the high-definition raw pictures were released, they immediately aroused discussions among netizens.

  In the camera, he is wearing a khaki double-breasted long windbreaker with a black turtleneck underneath, and his aura remains calm.

  

  However, when the camera slowly zooms in, the flaws on the skin are immediately exposed:

  The jawline is blurred, the apple muscles are a bit slumped, the cheekbones and temple areas are sunken, and the facial texture is slightly unbalanced.

  

  In this regard, netizens were very sharp.

  "Chen Kun is getting old too"

  "Is this a sequelae of medical beauty treatment?"

  "Where did that factory flower go?"

  Some people mocked him for "excessive medical beauty treatment", while others lamented that "the filter is broken".

  In fact, there were clues about Chen Kun's condition a few years ago.

  

  Works taken in 2018:

  "Tian Sheng Long Song".

  

  At that time, some people felt that his face was a little stiff.

  At that time, fans used "angle issues" as an excuse to put the matter aside.

  

  But now, even the most die-hard fans are silent.

  Of course, there are also different voices.

  Even if he is with the young Zhang Kangle, he is still not inferior.

  

  "Whoever looks at it doesn't say it's the ceiling of a male god."

  "The appearance of a fifty-year-old is as good as the appearance of a twenty-four-year-old."

  

  Everyone has his or her own opinion.

  But Chen Kun himself has always been quite calm.

  He has been involved in film and stage plays over the years.

  "Hot Pot Hero", "Fengshen Part 1", "Skylight"...

  

  It doesn’t rely on scandals or popularity, it relies on its works from beginning to end.

  As for his face, he never seems to care much about what others think of him.

  

  After all, he worked his way up from the bottom to where he is today.

  I have endured the humiliation of ten dollars, so what do I say "I'm old" and "I'm stiff"?

  For him now, the most important thing is his son.

  

  When Chen Zunyou graduated from university in 2023, Chen Kun posted a message to celebrate, and every word was filled with pride.

  The love he lacked in his own childhood was not lacking for his son.

  

  It would be a lie to say that it wasn’t hard being a father and a mother during those years.

  Today, he shows his filial piety by purchasing real estate for his biological father and stepmother to provide them with a stable place to live; he also helps his half-brother invest.

  

  Only by letting go of resentment can we move forward.

  He actually did this.

  

  write at the end

  In this circle, there are too many plastic friendships and too little sincerity.

  It's common for people to break up after working together, but there are very few people who can stand up and speak out when the other person is at a low point.

  

  Chen Kun's relationship with Dong Jie was not just a show-off, but a companionship for twenty-three years.

  

  His protection of his son's biological mother is not a public relations strategy, but his silence for nearly two decades.

  

  As for whether the face is stiff or not, whether it is old or not, is it really that important?

  At fifty years old, who can escape the years?

  The most important thing is that all the people and things he devoted all his efforts to protect are still there.

  

  Now Dong Jie has devoted herself to the field of live streaming and has made great achievements.

  Its live broadcast business is in full swing, with single-game sales hitting new highs, up to 50 million.

  

  The relationship between her and her ex-husband has also eased, and they will work together for the sake of their son.

  

  As for himself?

  Happy family, good health, and successful career.

  

  The days are moving forward, and that's enough.

  As for the unsolved mysteries:

  Who is the child's biological mother?

  

  Perhaps as he said, life is enough with him and his son.

  Some questions don’t need to be investigated thoroughly.

  After all, you can outlast a bad hand, you can stick to your heart in a mixed circle, and you can still hold the hand of an old friend from more than 20 years ago at the age of 50.

  

  This confidence has long surpassed all answers.

  【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.

  5 hours ago

• OpenAI Acquires Statsig For US$1.1 Billion, The Reasons Behind It Are Thought-provoking

  

  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.

  7 hours ago

• Dongguan Social Security Information Conference Promotes Convenience And Creates A Service Brand Of 'nearby And One-time Service'

  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.

  8 hours ago