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Month: May 2025

By 31%, the Trump admin reduces funds for cancer research

Posted on May 17, 2025May 17, 2025 by Newsbit

US President Donald Trump’s administration cut cancer research funding by 31 percent in the first three months of 2025 compared to the same period last year, according to a Senate report released…

US tariffs’ consequences for medical tourism

Posted on May 17, 2025May 17, 2025 by Newsbit

US trade policy has seen notable changes recently, particularly with regard to import tariffs on countries such as China. Though these policies are usually justified by economic and geopolitical considerations, they also…

Indian market for cardiac devices will grow to exceed USD 4,580.91M

Posted on May 17, 2025May 17, 2025 by Newsbit

The India cardiovascular devices market is projected to grow from USD 2,075.98 million in 2024 to an estimated USD 4,580.91 million based on 2032, with a compound annual growth rate (CAGR) 9.2%…

La Liga’s rights to one FTA game per matchday are secured by DAZN

Posted on May 15, 2025 by Newsbit

Sports subscription streaming service DAZN has snapped up a package of free-to-air domestic live broadcast rights covering Spanish soccer’s LaLiga. In doing so, it replaces Mediapro, the previous holder of this rights…

As per Netflix, its ad-supported service has 94 million users

Posted on May 15, 2025 by Newsbit

Netflix, opens new tab said on Wednesday 94 million subscribers use its advertising-supported tier, up from 70 million in November, as the video-streaming giant’s lower-priced plan sees strong support amid global economic…

4% of Panasonic’s workers will lose 10k jobs worldwide

Posted on May 15, 2025 by Newsbit

Panasonic Holdings, a Japanese electronics giant, is cutting around 10,000 jobs globally, with 5,000 positions eliminated in Japan and 5,000 overseas. Panasonic’s decision to cut around 10,000 jobs represents about 4% of…

Abhay Karandikar, DST secretary, has his term extended by one year

Posted on May 15, 2025 by Newsbit

The Centre has extended the tenure of Science and Technology Secretary Abhay Karandikar by one year, according to an official order. Karandikar was in September 2023 appointed to the post. He was…

$1.51T invested on pay TV & telecom worldwide in 2024

Posted on May 15, 2025 by Newsbit

Worldwide spending on telecom services and pay TV services reached $1,510 billion in 2024, reflecting a 2.2% year-on-year increase, according to the Worldwide Semiannual Telecom Services Tracker published by International Data Corporation…

Deutsche Telekom has an upbeat Q1 & slightly boosts its 2025 forecast

Posted on May 15, 2025 by Newsbit

Deutsche Telekom reported first-quarter core profit slightly above analyst expectations and nudged up its full-year guidance, helped in part by a stronger dollar. The Germany-based telecoms group reported quarterly adjusted earnings before…

Vi asks with the SC to waive Rs 30,000 cr in new AGR dues

Posted on May 15, 2025 by Newsbit

Vodafone Idea Ltd. has filed a fresh petition in the Supreme Court seeking relief of more than Rs 30,000 crore in connection with the adjusted gross revenue dues. Senior advocate Mukul Rohatgi,…

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