Volkswagen production cuts loom as CEO signals major capacity reduction Volkswagen production cuts are under consideration, with CEO Oliver Blume telling Manager Magazin that the group is weighing a significant …
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Business
German Finance Ministry reveals Iran war reduces tax revenue by €20.8 million
by Leo Müllerby Leo MüllerGermany’s fuel tax revenue falls short as higher pump prices leave federal budget with a net loss, ministry model shows Model by Germany’s finance ministry indicates VAT gains are outweighed …
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Technology
GRAI raises $9 million seed to give artists control over AI remixes
by Helga Moritzby Helga MoritzGRAI raises $9M to build AI music remixing apps that let fans reshape tracks while protecting artist control GRAI secures $9M seed to develop AI music remixing tools that let …
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Politics
Hülya Iri faces Hannover probe over alleged misuse of 1.2 million euros
by Hans Ottoby Hans OttoHülya Iri and Daughter Face Criminal Probe Over Alleged Misuse of €1.2m in Integration Funds Hannover prosecutors have opened an investigation into Hülya Iri on suspicion of breach of trust …
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Technology
Factory raises $150 million at $1.5 billion valuation to accelerate AI-assisted coding
by Helga Moritzby Helga MoritzFactory Raises $150 Million to Power AI-Assisted Coding for Enterprise Engineering Teams Factory secures $150M at a $1.5B valuation to scale AI-assisted coding tools for engineering teams, backed by Khosla, …
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Technology
Slash Financial Raises $100 Million Series C at $1.4 Billion Valuation
by Helga Moritzby Helga MoritzSlash Financial raises $100M Series C at $1.4B valuation Slash Financial secures $100M Series C led by Ribbit, Khosla and Goodwater to scale product, citing $300M annualized revenue and 5,000 …
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Business
Bosch records first loss in years with €400 million after-tax deficit
by Leo Müllerby Leo MüllerBosch Reports First Annual Loss in Years as Restructuring Costs and US Tariffs Bite Bosch posts a €400m after-tax loss as restructuring charges and US tariffs hit results; 2024 profit …
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Health
Medicare Open Enrollment urges 68 million Americans to review plans by December 7
by Dieter Meyerby Dieter MeyerMedicare Open Enrollment: How Beneficiaries Can Compare Plans, Use SHIP Help and Avoid Surprise Costs Medicare Open Enrollment guidance: how beneficiaries can compare plans, use Plan Compare, get free SHIP …
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Environment
Moltbook launches with 2.8 million autonomous AI agents, excluding humans
by Dieter Meyerby Dieter MeyerMoltbook: AI-Only Social Network Surges to Millions of Agent Accounts, Sparking Security and Research Scrutiny Moltbook, an AI-only social network that launched at the end of January, has drawn millions …