经济观察网 据央视新闻客户端消息，德国媒体9月29日报道，德国执政党联盟党正在讨论对社交媒体用 户设置年龄限制，考虑禁止16岁以下青少年使用社交媒体。德国总理默茨所属的联盟党议会党团主席延 斯·施潘29日告诉《新奥斯纳布吕克报》，联盟党正在讨论就未成年人使用网络制定更严格的规定。现 阶段，相关限制措施仍在商讨中，选项之一是将社交媒体的使用年龄限制设为16岁。 ...

Core Viewpoint - Elon Musk is reshaping political communication through his control of social media platform X, positioning himself as a "technologist-prophet" with a grand technological vision [1][6][10]. Group 1: Political Influence and Strategy - Musk's engagement in political matters has intensified, particularly after acquiring Twitter (now X) for $44 billion and supporting Trump, showcasing a shift from Democratic to Republican support [2][5]. - He has proposed the establishment of a new political party to represent the middle 80% of the population, reflecting significant public interest in alternatives to the current two-party system [1][2]. - Musk's political narrative combines technology and political mobilization, creating a new political strategy that bypasses traditional party structures and media elites [4][12]. Group 2: Social Media Dynamics - Since acquiring X, Musk's follower count has more than doubled to over 220 million, significantly enhancing his political influence through the platform [3]. - The platform's algorithm has been adjusted to amplify Musk's voice, creating a "digital faith engine" that drives public opinion rather than facilitating balanced discussions [3][4]. - X has transformed into a "giant megaphone" for Musk, promoting extreme right-wing views and controversial opinions under the guise of free speech [4][10]. Group 3: Technological Vision and Political Narrative - Musk's control over various technological resources, including xAI and Neuralink, allows him to craft a narrative that positions technology as a solution to political issues [6][10]. - His approach emphasizes a "techno-libertarianism" that links technological advancement with political ideology, appealing to various voter demographics [10][11]. - Musk's vision of the future, including Mars colonization and AI alignment, serves as a new moral justification for political action, overshadowing traditional policy discussions [7][11]. Group 4: Challenges and Opportunities - Establishing a new political party poses significant challenges due to the entrenched two-party system in the U.S., which controls most electoral resources and media exposure [14][16]. - Despite these challenges, Musk's influence could reshape political discourse by setting agendas on technology-related issues and mobilizing decentralized political networks [16][17]. - The balance between technological innovation and democratic governance remains a critical question for the future of politics, both in the U.S. and globally [17].

Economic Indicators - The U.S. personal consumption expenditures (PCE) have shown steady growth for the third consecutive month, with the core PCE inflation indicator meeting expectations at a year-on-year increase of 2.9% [1][4]. - The Michigan Consumer Sentiment Index has dropped to a four-month low, indicating rising concerns about income [4]. Market Performance - U.S. stock markets closed higher last Friday, buoyed by inflation data that met expectations, while long-term Treasury yields rose due to strong consumer spending data from August [2]. - The Nasdaq index closed at 22,484.07, up 0.44% for the day and 16.43% year-to-date; the S&P 500 index closed at 6,643.70, up 0.59% for the day and 12.96% year-to-date; the Dow Jones Industrial Average closed at 46,247.29, up 0.65% for the day and 8.70% year-to-date [3]. Commodity Prices - Oil prices have increased, influenced by drone attacks on Russian energy infrastructure, which have impacted fuel exports [2]. - Gold prices have risen, marking six consecutive weeks of increases [2]. Federal Reserve Insights - The Richmond Fed President noted that while unemployment and inflation rates deviate from the Fed's targets, the risks of further deterioration are limited [5]. - The Fed's Vice Chair Bowman emphasized the need for a smaller balance sheet and reforms in monetary policy implementation [5]. Trade and Tariffs - The Trump administration is reportedly considering imposing tariffs on foreign electronic devices based on the number of chips in each device [6]. - The U.S. is insisting that India cease purchasing Russian oil in exchange for a trade agreement [8]. Corporate Developments - Apple Inc. is reportedly developing an iPhone application similar to ChatGPT to assist in testing the new version of Siri [8]. - ByteDance may retain a significant share of profits from TikTok's U.S. operations even after selling a majority stake [10]. Chinese Economic Developments - The People's Bank of China has maintained a "moderately loose" monetary policy stance while emphasizing the need for effective implementation of policies [11]. - China's industrial profits surged by 20.4% year-on-year in August, marking the first growth in four months [11].

神译局是36氪旗下编译团队，关注科技、商业、职场、生活等领域，重点介绍国外的新技 术、新观点、新风向。 编者按：痴迷于用AI提效，可能正以惊人的速度，解决着错误的问题。文章来自编译。 大家的共同执念显而易见：学会用人工智能更快地执行，你就能保持竞争力。每天我都能在领英上看到 关于"提示工程"的新帖子，又一门关于"AI生产力技巧"的课程，又一个让ChatGPT写出更好的代码、创 建更棒的演示文稿或自动化工作流程的框架。 但有个没人谈论的事实是：人工智能只会让糟糕的决策变得更快，而不是让决策变得更好。而且，当下 最危险的处境并非在人工智能工具上落后，而是以超凡的效率去解决错误的问题。 在一个由人工智能驱动的世界里，真正的竞争优势并非执行速度，而是从一开始就知道哪些问题值得解 决。这也正是让"设计思维"成为你秘密武器的用武之地。 对执行力的痴迷正在将我们引入歧途 大多数人认为，人工智能的成功等于更好的提示词加上更快的执行速度。 我曾亲眼目睹我所在组织的团队沉醉于人工智能带来的生产力提升。他们能在几小时内完成过去需要数 天才能完成的分析，以闪电般的速度制作演示文稿，自动化那些他们一直想简化的流程。 可是，他们却比以往 ...

上周美股结束此前周线连续上涨行情。 虽然人工智能行业前景持续给科技权重股带来提振，但市场仍重点关注美联储未来的政策路径走向，并 评估美联储主席鲍威尔对估值的警告。未来一周，非农报告或让美联储10月议息会议前景更加明朗化， 不过联邦政府潜在的关门风险可能是不确定性因素，给三季度末美股收官带来风险。 经济数据保持韧性 投资者正迫切期待将于下周五发布的美国9月就业报告。施瓦茨向第一财经表示，目前通胀与失业率均 高于美联储目标水平，因此不排除美联储将以谨慎节奏推进降息。他认为，就业报告将显示，岗位增长 速度比8月更为稳健，非农就业人数净增或达8.5万人。这一数据应能让美联储确信劳动力市场并未恶 化，从而使美联储在10月会议上维持现有政策不变。然而，若联邦政府停摆持续至本周末之后，9月就 业报告及其他政府统计数据的发布都将被迫推迟。 9月如何收官 上周美股表现低迷，市场受美联储主席鲍威尔有关估值问题表态影响。截至目前，9月还剩两个交易 日，标普500指数本月累计上涨2.8%，远好于历史同期平均表现，今年以来累计涨幅达13%。 过去一周市场需消化多组稳健的经济数据，其中既有凸显出经济和消费者状况良好的信号，也包含通胀 数 ...

Group 1: Market Overview - The U.S. stock market ended a previous streak of weekly gains, with a focus on the Federal Reserve's future policy direction and Chairman Powell's warnings on valuations [1] - The S&P 500 index has risen 2.8% in September, outperforming historical averages, and has a year-to-date increase of 13% [6] - Investor sentiment improved following NVIDIA's announcement of a $100 billion investment in OpenAI, leading to a net inflow of $12.06 billion into U.S. equity funds in the week ending September 24 [7] Group 2: Economic Data - Recent economic data indicates resilience, with initial jobless claims significantly lower than expected, suggesting a stable labor market despite Fed concerns [3] - The Personal Consumption Expenditures (PCE) index showed a slight increase in inflation, with the year-over-year rate rising from 2.6% to 2.7%, marking the highest level since March [3] - The U.S. GDP growth rate for Q2 was reported at 3.8%, the strongest performance since Q3 2023, indicating a significant rebound from a 0.5% contraction in Q1 [3] Group 3: Federal Reserve Insights - Fed officials expressed differing views on inflation and labor market conditions, with Powell indicating a need to balance persistent inflation risks against a cooling job market [4][5] - The upcoming employment report is highly anticipated, with expectations of a net increase of 85,000 jobs, which could influence the Fed's decision to maintain current policies [5] Group 4: Sector Performance - The communication services sector experienced the largest decline, down 2.7%, influenced by significant drops in stocks like Meta Platforms and Alphabet [6] - The energy sector led gains with a 4.7% increase, followed by utilities and real estate sectors, while technology and industrial sectors saw slight increases [6]

9月26日凌晨，美国总统特朗普签署行政令，批准了新版TikTok美国运营方案，TikTok可以在美国继续运营了，并将成立一家合资公司。美国 副总统JD·万斯表示，这家合资公司的估值为140亿美元。 或许有些人以为，这家合资公司未来会运营TikTok在美国的所有业务，但实际不是。据了解，这家公司指的是"TikTok美国数据安全合资公 司"（TikTok USDS Joint Venture），仅负责TikTok美国的数据安全和内容安全。TikTok美国的其他业务，仍然由TikTok美国公司运营。依据彭 博社此前报道，TikTok美国整体业务的估值接近400亿美元，远高于合资公司的140亿美元。 所以子弹飞了几天，真相水落石出：字节既没有交出核心算法，也没有出售TikTok美国公司。外媒网传的字节持股19.9%，并不是TikTok美国 公司，而是一家只负责TikTok美国数据安全、内容安全等业务的公司——TikTok美国数据安全合资公司。 来源：市场资讯 （来源：大公馆） 一个坏土豆 事实上，上面这几个关键点，在特朗普签发行政令前便已经有踪迹可循。 9月15日，中美马德里会谈后的，中方称，中美就通过TikTok美 ...

Meta还指出，用户账号中心中每新增一个订阅账号，将自动享受更低的附加费用：网页端每月2英镑， iOS和安卓移动端每月3英镑。 据了解，这家美国科技巨头曾于2023年在欧盟推出过定价更高的订阅服务，但该方案未获欧盟监管机构 认可。今年4月，欧盟委员会以Meta涉嫌违反《数字市场法》为由，对其处以2亿欧元罚款。6月，欧盟 委员会进一步表示，若Meta针对其"授权或付费"模式提出的有限调整方案未遵守4月发布的反垄断指 令，Meta或将面临每日罚款。 英国信息专员办公室(ICO)的发言人表示："根据Meta采用的方案，用户可在个性化广告授权与付费订阅 免广告服务之间进行选择，即'授权或付费'模式。" ICO提到，经过与Meta就广告模型中个人信息使用方式的磋商，其对Meta要求用户授权使用个人信息进 行广告推送的决定表示欢迎。 智通财经APP获悉，Meta(META.US)即将在英国推出Facebook与Instagram的付费版本，用户支付费用后 即可免除这两个社交媒体平台的所有广告。 用户仍可选择继续免费使用含广告版本的服务。 针对用户首个Meta账户，该服务的订阅费用定为网页版每月2.99英镑，iOS和安卓移 ...

Core Viewpoint - Citic Securities reports that Weibo-SW (09898) achieved revenue of $445 million in Q2 2025, reflecting a year-on-year increase of 1.6% (1% in RMB terms), and a Non-GAAP net profit of $143 million, up 13.4% year-on-year. The firm believes that with the recovery of the macro economy and continuous optimization of product services, the company's performance is expected to gradually improve, while high dividends will enhance shareholder returns. In the long term, Weibo maintains unique value for users and brand clients as a major social media platform, and the firm maintains a "Buy" rating [1] Financial Performance - Weibo-SW reported Q2 2025 revenue of $445 million, a year-on-year increase of 1.6% [1] - Non-GAAP net profit for the same period was $143 million, representing a year-on-year growth of 13.4% [1] Market Outlook - The macroeconomic recovery and product service optimization are expected to contribute to a gradual improvement in Weibo's performance [1] - The company is anticipated to provide high dividends, which will enhance returns for shareholders [1] Strategic Position - Weibo is recognized for its unique value proposition to both users and brand clients as a leading social media platform [1]

Core Points - The new TikTok plan in the U.S. involves the establishment of a joint venture to manage data security and content review, with ByteDance holding no more than 20% [1][2] - The joint venture is valued at $14 billion and will include "four to five world-class investors," with Oracle playing a significant role [3][4] - The algorithm will be controlled by American entities, ensuring fair treatment of various philosophies and policies [5] Commercialization Progress - TikTok's U.S. market performance has been underwhelming, with the 2024 target for TikTok Shop set at $15.5 billion, but only expected to achieve $8.5 billion [12] - The global GMV target for TikTok Shop in 2025 has been revised down from $95 billion to $87 billion due to poor U.S. market performance [13] - The U.S. market's struggles are attributed to difficulties in data access under the U.S. data security framework, impacting decision-making efficiency [7][8] Organizational Structure - There is a noted conflict between Chinese management styles and U.S. employee expectations, leading to employee turnover [14][15] - A significant restructuring occurred in early 2025, with a shift in leadership to predominantly Chinese personnel due to poor performance in the U.S. market [15] - Internal stakeholders express a sense of resignation regarding the ongoing changes, indicating a focus on operational continuity regardless of ownership [16]