Over a quarter of UK consumers suggested that a telematics/usage-based insurance (UBI) policy gives them privacy concerns, a GlobalData survey has found. Meanwhile, the telematics provider IMS has warned that insurers risk stalling the adoption of UBI policies in 2026, unless they address consumer concerns around data privacy and transparency. GlobalData’s 2025 UK Insurance Consumer Survey found that 27.6% of UK consumers cited data privacy as a key concern associated with UBI policies. The findings sugg ...

IBM - IBM is undergoing a strategic realignment in Q4, involving workforce reductions that will impact a low single-digit percentage of its global employee base, which is approximately 270,000 [2][8] - The company is shifting its focus towards higher-growth areas such as software and services, aiming to streamline operations [2][8] - Despite the global workforce adjustments, IBM expects its overall U.S. employment figures to remain stable year-over-year [2][8] Pharmaceuticals - The Trump administration is negotiating with pharmaceutical companies Eli Lilly and Novo Nordisk to make weight-loss medications available for $149 per month through a new "TrumpRx" program [3][8] - The initiative may also include coverage for these drugs under Medicare and Medicaid, potentially increasing access for consumers [3][8] E-commerce - Amazon has reiterated its commitment to transparency for third-party applications that facilitate customer purchases, following concerns about unauthorized data usage [4][8] - The company aims to ensure that all applications on its platforms adhere to strict transparency and privacy standards [4][8] Geopolitical Developments - Iran has announced the release of two French detainees on bail, which is part of ongoing diplomatic efforts and discussions regarding potential prisoner swaps [5][8]