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Amgen is expanding its presence in India by ramping up hiring for its new technology and innovation center in Hyderabad. The company aims to strengthen its operations and R&D capabilities by recruiting tech professionals skilled in data analytics, AI, and digital health technologies. This investment highlights Amgen’s commitment to innovation and further solidifies Hyderabad as […]
Anthropic Claude 3.7 Sonnet: Influencers weigh in on AI impact on coding, reveals GlobalData
Anthropic, an American artificial intelligence (AI) public-benefit startup, has recently unveiled its first hybrid reasoning AI model “Claude 3.7 Sonnet,” along with its agentic coding tool “Claude Code.” The release has sparked significant buzz among social media influencers in late February 2025. Claude Code has garnered attention for its ability to automate and streamline complex […]
Trump’s NIH funding cuts and freezes raise concerns over US biotech drug development and innovation, reveals GlobalData
The US President Donald Trump began his second term with a series of directives targeting the US National Institutes of Health (NIH), creating uncertainty around NIH grant funding for biopharmaceutical drug development. With over $1.4 billion in NIH Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grants involving innovator drugs awarded between […]
Multiplay service revenue in China to maintain steady CAGR of 1.2% during 2024-2029, forecasts GlobalData
Multiplay service revenue in China is expected to grow at a steady compound annual growth rate (CAGR) of 1.2% from $179.8 billion in 2024 to $190.4 billion in 2029. This growth is driven by increasing adoption of tripleplay and quadplay service bundles. As more households subscribe to multiplay services, operators, particularly China Mobile, are focusing […]
Miami Dolphins and Hard Rock International lead high-value hotel sponsorships, reveals GlobalData
The partnership between the Miami Dolphins and Hard Rock Cafe International (Hard Rock International) stands as a prime example of high-value sponsorships in the travel and tourism sector. With an annual worth of $13.90 million, this 18-year deal combines stadium naming rights and team affiliations, reflecting the increasing significance of sports sponsorships in the hotel […]
Sionna Therapeutics’ NBD1 stabilizers hold potential to differentiate from Vertex’s existing therapies in cystic fibrosis, says GlobalData
Sionna Therapeutics has recently raised $191 million through its initial public offering (IPO), marking a step forward in its efforts to develop treatments for cystic fibrosis (CF). With Vertex Pharmaceuticals maintaining a dominant position in the CF treatment landscape through its CFTR modulator franchise, Sionna is looking to introduce its NBD1 stabilizers, SION-719 and SION-451, […]
IndiGo YouTube ads reflect seamless travel, workplace inclusivity and authentic experiences, reveals GlobalData
Interglobe Aviation Ltd’s (IndiGo) YouTube advertising campaign from November 2024 to January 2025 emphasize diverse destinations, employee well-being, and passenger-centric amenities to attract travelers and job seekers. IndiGo highlights authentic experiences, career growth, and innovative seating through scenic visuals, employee testimonials, and product demos. Emphasizing pilot mentorship, a supportive workplace, and seamless travel, it reinforces […]
American Express and Alipay partnership revolutionizes payment access to international travelers in China, says GlobalData
Following the news that American Express and Alipay have partnered to integrate global AmEx cards to the Alipay digital wallet in China; Jonathan Vaughan Burleigh, Associate Analyst, Banking and Payments at GlobalData, a leading data and analytics company, offers his view: “While it has been possible to link foreign credit cards and debit cards with […]
Super Bowl LIX spotlights emotional branding strategies of alcoholic beverage companies, reveals GlobalData
Super Bowl LIX, held on February 9, 2025, served as an opportunity for beer brands to promote their products, with Michelob Ultra, Bud Light, Stella Artois, Budweiser, and Coors Light grabbing attention through strategic YouTube advertisements. These commercials used various strategies, from humor to celebrity endorsements, that aimed to resonate with the vast and diverse […]
Germany card payments market to surpass $850 billion in 2029, forecasts GlobalData
The Germany card payments market is forecast to register a compound annual growth rate (CAGR) of 5.9% between 2025 and 2029 to reach EUR788.1 billion ($852.1 billion) in 2029, supported by a constant consumer shift towards electronic payments, according to GlobalData, a leading data and analytics company. GlobalData’s report, “Germany Cards and Payments – Opportunities […]
Inari Medical acquisition could provide Stryker with foothold in peripheral vascular market, says GlobalData
Stryker recently announced the completion of the acquisition of Inari Medical, a medical device company specializing in treatment for venous thromboembolism. Acquiring Inari’s portfolio of venous thrombectomy devices could enable Stryker to gain a foothold in the rapidly growing peripheral vascular device market, says GlobalData, a leading data and analytics company. Inari Medical’s portfolio of […]
AI Receptionist positions RingCentral as early leader in Agentic AI, says GlobalData
RingCentral has entered the agentic AI space with the launch of RingCentral AI Receptionist (RingCentral AIR), an AI phone agent that improves the customer experience by answering customer questions and performing basic tasks on their behalf. Though the launch positions RingCentral as an early leader, uncertainties regarding rollout date, pricing, and availability remain, making it […]
VC funding in India startups surge by 69.7% YoY to $883.2 million in January 2025, finds GlobalData
The venture capital (VC) funding landscape in India has shown remarkable year-on-year (YoY) growth in January 2025, wherein deal volume rose by 40.9% from 93 in January 2024 to 131. Deal value also surged by 69.7%, increasing from $520.5 million to $883.2 million, reveals GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst […]
Global automated home spending will surpass $200 billion in 2028, forecasts GlobalData
The automated home market is rapidly evolving, with consumers increasingly adopting devices that enhance security, energy efficiency, and convenience. Against this backdrop, the global spending on automated home devices is set to grow at a compound annual growth rate (CAGR) of 11% from $119.5 billion in 2023 to $200.8 billion in 2028, forecasts GlobalData, a […]
Cardiol’s CRD-38 holds potential to differentiate in HF space, says GlobalData
Cardiol Therapeutics recently announced positive data on the use of CRD-38 (cannabidiol) in the Journal of the American College of Cardiology, highlighting that it improved cardiac function and reduced cardiac hypertrophy, remodeling, inflammation, and cell death. The data indicates that CRD-38 potentially fills an unmet need in the heart failure (HF) space as it has […]
Air France’s advertising focuses on innovative services and sustainable initiatives to elevate travel experience, reveals GlobalData
Air France‘s YouTube advertising campaign from August 2024 to January 2025 highlighted its efforts to transform the aviation landscape through its comprehensive enhancement of passenger services, sustainable practices, and exclusive offerings. The airline demonstrates its commitment to providing enhanced travel experiences while maintaining environmental responsibility and fostering cultural connections, reveals Global Ads Platform of GlobalData, […]
Tesla job postings suggest renewed focus on India, reveals GlobalData
Tesla is ramping up its hiring efforts in India, marking a pivotal move in its strategy to strengthen its presence in the country. The recent job postings across various roles highlights the American electric vehicle (EV) and clean energy company’s renewed focus on establishing a foothold in India’s rapidly growing EV market, underscoring its long-awaited expansion […]
GLP-1 receptor agonists hold potential to treat opioid use disorder, says GlobalData
A three-week Phase I study conducted at the Caron Treatment Centers in Pennsylvania, enrolling 20 participants undergoing residential treatment for opioid use disorder (OUD), assessed Novo Nordisk’s Saxenda (liraglutide), a GLP-1 receptor agonist (GLP-1RA), as a monotherapy for OUD. The study displayed its potential to rival existing treatments and showed a 40% reduction in opioid […]
Hong Kong card payments market to surpass $185 billion in 2025, forecasts GlobalData
The card payment market in Hong Kong is poised to register 11.0% growth in 2025, reaching HKD1.5 trillion ($186.5 billion), driven by rising consumer spending and growing consumer preference for electronic payments, reveals GlobalData, a leading data and analytics company. GlobalData’s latest report, “Hong Kong (China SAR) Cards and Payments: Opportunities and Risks to 2028,” […]
Trump’s tariffs threaten profitability of North American insurers, says GlobalData
On 1 February 2025, US President Donald Trump signed three executive orders to impose tariffs on imports from Canada, Mexico, and China. In retaliation, Canada announced it would impose a 25% tariff on CAD155 billion ($117.8 billion) worth of US goods. Moreover, Trump increased the US tariff rate on steel and aluminum to 25% on […]