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Volkswagen is preparing the biggest cut in its history. Is the European car back in the game, or on its knees?

The head of Volkswagen $VOW3.DE Oliver Blume reportedly plans to cut up to 100 000 jobs worldwide — roughly 15% of all employees and twice what was being discussed just a few months ago. On top of that, the closure of four German plants (Hannover, Zwickau, Emden and...
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I'm currently reading the book Kaput (The End of the German Miracle) and I have to say that Germany's problems run much deeper and reach into the "older" past. It took German carmakers a long time to start producing and selling electric vehicles, and by the time they began to focus on them they were being trounced by the Chinese, who have been making EVs for years and whose government investment in this sector can't be matched by European states. I'm very interested to see how this whole situation will play out, since the German — and I'd say the European — industry depends on the automotive sector.
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OpenAI, according to the New York Times, is considering postponing its IPO until next year. The logic behind it is fairly clear to me: the company is targeting a valuation of up to one trillion dollars and CFO Sarah Friar is aiming for a 2027 listing. Advisors reportedly gave management a choice — either wait until 2027 and go public at the trillion valuation, or lower the...
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Mythos from Anthropic was blocked precisely because during testing it broke into everything within a few hours, including secret NSA systems, so within 1.5 hours it was blocked worldwide. It’s starting to look like the most secret data will be stored again in binders 😉
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