In this sexual noise could be a reference to Madonna's image. The same could be said about Now you're looking for God in exciting new ways which was her philosophy around the time of "Like A Prayer" (1989). There is likely a touch of sarcasm, given the nature of the lyric.
The record company was correct. I think this was the catchiest tune Bowie has written in the last 17 years. Perhaps he could repeat the success of Lets Dance......but avoids it at all cost (????).
The Last of the Dreamers