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Emanuel Boeminghaus wrote that the current numbers from Audi and VW have overtaken the debate about the cut of 50,000, 100,000, or 150,000 jobs. For both companies, it has now become about their own survival. The decline is happening faster than the corporations can react, and it is costing companies of this size a lot of money, he explained. The unions can no longer demand anything but can only pray, Boeminghaus wrote. #Automobilindustrie #Arbeitsplätze #Wirtschaft (translated)

"We will not hinder or stifle the growth of this incredible industry in any way." After the heads of leading AI companies explicitly called for a slower development in AI, Trump rejected that: "We will not hinder or stifle the growth of this incredible industry in any way," he wrote at the time. #BillGates #KünstlicheIntelligenz #Technologie (translated)

Maxim Röder wrote that he sees no long-term reasons for concern about ServiceNow and has already explained his assessment in detail this year. Corporations do not only buy software, but also certifications, liability, support guarantees, audit trails, and a data model that has received millions of customizations over the years. Therefore, the switching barrier is very high. According to Röder, a clone created with Vibe Coding does not offer these safeguards. In case of errors in productive operation, the liability question arises, and no CIO will risk their neck for that. Additionally, large corporations have different approval processes, security standards, and regulatory requirements than small companies. According to Röder, ServiceNow positions itself as a deeply integrated platform that connects various AI models and data sources and orchestrates processes in companies securely. For investors, the question is not whether AI scripts will replace enterprise software, but how quickly and effectively ServiceNow will monetize new AI licenses. #Software #KI #ServiceNow (translated)

Furkan Yildirim wrote that the US Treasury could auction fewer long-term government bonds as early as November and possibly discontinue the 20-year term altogether. According to Yildirim, Citigroup expects Secretary of the Treasury Scott Bessent to announce a $3 billion reduction in auctions for 20- and 30-year bonds each on November 4. The financing gap is to be closed with government securities maturing within a year at the latest. The department may also ask large banks next week whether pension funds now prefer bonds from Amazon, Meta, and Alphabet to those of the state. The 20-year bond was reintroduced in 2020 after a 34-year hiatus and now offers nearly 5.7 percent interest, more than any other US maturity. At the end of 2020, its yield was just under 1.5 percent. At the same time, Alphabet, Amazon, Meta, Microsoft, Oracle, and SpaceX had already issued dollar bonds amounting to more than $180 billion in 2026; according to Yildirim, Amazon's bonds extend to 2076. According to asset manager TwentyFour, which Yildirim cited, Japanese investors are now receiving enough interest at home to invest their money there. Citi strategist Jason Williams wrote that pension funds may currently be more inclined than usual to invest in long-term corporate bonds of good quality. However, BNP Paribas strategists doubted that smaller auctions would reduce the government's financing costs. Yildirim also pointed out that the yield on 10-year US bonds serves as a basis for mortgages and many other loans, and Bessent had referred to it as an important measure of his success. With an annual deficit of nearly $2 trillion, the debt burden continues to grow as competition for long-term buyers increases. #Finanzen #Anleihen #Wirtschaft (translated)

Artificial intelligence criticized the development that companies made their offerings dependent on the political views of their customers. It stated that this was a setback for democracy, deepened societal divisions, and reminded one of the GDR. https://t.co/l6D3nU0dA4 #Demokratie #Gesellschaft #Politik (translated)

The article highlights how the boom in artificial intelligence is characterized by a complex shadow financial system and rising corporate debt, which is increasingly driven by external financing sources such as bonds and private credit, while tech companies make massive investments to keep up with growing demand. #KünstlicheIntelligenz #Schuldenkrise #TechIndustrie (translated)

Despite Germany's support for Ukraine and the sanctions imposed against Russia, the production of nuclear fuels using Russian technology for Putin's companies is being prepared at the fuel element factory in Lingen, which has led to fierce criticism. #Atomtechnologie #Russland #UkrainischerKrieg (translated)

Political scientist Barbara Prainsack and international researchers warn in a new series of studies about the addictive strategies of social media companies, which use similar mechanisms to the tobacco industry and are closely linked to mental health issues and social media addiction. #SozialeMedien #Suchtforschung #PsychischeGesundheit (translated)

Maurice Höfgen wrote that opponents of the socialization of housing in Berlin warned of an end to private new construction. In his fact check, he referred to this warning as a myth and argued that large real estate corporations do not build, but buy for shareholders instead of for tenants. https://t.co/hFct2dR7Ma #Wohnen #Berlin #Immobilien (translated)

Co-author Barbara Prainsack from the University of Vienna calls for stricter regulations for tech companies based on an international series of studies on the negative effects of intensive social media usage among children and adolescents, but points out the problem of blanket bans and compares the business model of social media with that of the tobacco industry. #SozialeMedien #PsychischeGesundheit #Regulierung (translated)

Black week in the German automotive sector - VW's software subsidiary Cariad plans the next major job cuts. Around 1000 more jobs are to be eliminated. Third major blow just today! Berlin carries a large part of the responsibility because they are doing absolutely nothing! Zero! Nothing. Next cut: Cariad currently employs around 4300 people and, according to information from Handelsblatt, plans to cut around 1000 more jobs. This could affect nearly a quarter of the remaining workforce. The timing and specific implementation of the job cuts are still open. Billion-euro savings plan: Between 2027 and 2031, Cariad's investments should decrease by a total of around 6.1 billion euros, according to an internal document. Additionally, the software subsidiary is expected to contribute another 400 million euros to improving the company's operating results at the beginning of the next decade. After the already announced job cuts, Cariad is now facing another significant reduction in its workforce and a stronger focus on its tasks. Thank you very much for this important information! Source: Handelsblatt https://t.co/zncQnyByjB #Autoindustrie #Stellenabbau #Volkswagen (translated)

What a farce. Just in time for the start of the fuel discount, the oil companies have just raised fuel prices nationwide by up to 30 cents and thus pocket the entire fuel discount tomorrow. Just imagine that. Instead of finally introducing a windfall tax, Shell & Co. are also getting a €2.5 billion bonus at the taxpayers' expense. At the same time, the federal and state governments are deciding today on another increase in the Germany ticket price. It is truly unbelievable how money is thrown out the window for cars while every corner is being saved on public transport and bicycles! #Tankrabatt #Spritpreise #Übergewinnsteuer (translated)

.@inesschwerdtner zerlegt Katherina Reiche in der PK komplett. Mit Steuergeld gegen die Linke agitieren, Antisemitismus, Enteignung und organisierte Kriminalität in einen Topf werfen und am Ende ganz offen die Interessen großer Konzerne verteidigen. Wenn für Stromtrassen, Autobahnen oder Kohle enteignet wird, ist Privateigentum plötzlich kein Heiligtum. Wenn es um Wohnungen und Art. 15 GG geht, wird daraus der Untergang des Abendlandes. Ines nennt Reiche im Kern das, was sie politisch abliefert: Lobbyismus aus dem Ministerium. #Lobbyismus #Politik #Kritik

Die deutschen Dax-Konzerne bauen im internationalen Vergleich gemäß einer Studie von EY-Consulting am stärksten Stellen ab, mit einem Rückgang von rund 46.000 Arbeitsplätzen oder 1,2 Prozent, während andere europäische Länder wie Frankreich und Italien Beschäftigungsgewinne verzeichnen. #Stellenabbau #DaxUnternehmen #Wirtschaftskrise

Der Chef der Linken will den Wohnungskonzernen mit einem Verkehrswert ihrer Berliner Immobilien von 42 Mrd. Euro bei der Enteignung sogar nur "8-12 Mrd. Euro", also sagen wir 10 Mrd. Euro, das sind 23,8% des Verkehrswertes, erstatten. Die Entschädigungssumme läge wohl unter der Nettoverschuldung aller dieser Konzerne. Hinzu kommt die fragliche Werthaltigkeit des Schuldscheins für die Entschädigung, denn die soll ja nicht sofort, sondern über 100 Jahre Laufzeit fliessen. Darüber entscheiden dann aber nicht die Linken, sondern der Markt und der würde das Ding gnadenlos abwerten. Die steuerlichen Verlustvorträge wären vermutlich wertlos und die Zahlungsunfähigkeit nur eine Frage der Zeit. Auch bei den Linken wird es Leute geben, die sich im Bilanzrecht auskennen. Wenn trotzdem so ein Schwachsinn propagiert wird, will man seine Wähler verarschen. Es gibt nur eine logische Erklärung: Sie wissen genau, dass das nicht funktioniert, setzen darauf, dass sie von Gerichten gestoppt werden und können dann sagen: Wir haben es wenigstens versucht. #Enteignung #Wohnungsmarkt #Linke

Bill Gates förderte Masernimpfungen mittels GAVI, WHO und Merkel. Seit 2020 führt Deutschland den Konzernen Millionen kleine Zwangs-Kunden zu. Der Bericht schildert u. a. den Abwehrkampf verzweifelter Eltern. Hintergrund: Ich hatte Masern, Scharlach, Röteln, Windpocken und https://t.co/ikldl2UdDl #Masernimpfungen #GAVI #Deutschland #DE #GAVI #WHO