Toronto begins to rival Silicon Valley for tech startups
Mar 07, 2017 (LBO) - Toronto's startup community has begun to rival Silicon Valley and offers more advantages to new companies. One reason is that the 2,100 …
Technology
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YouTube launches streaming TV to compete with cable channels
Mar 03, 2017 (LBO) – Internet giant Google recently launched YouTube TV in the largest US markets in an attempt to compete with existing cable TV networks. …
Lanka Bell reaches record 35,000+ households & businesses with Bell4G
Lanka Bell, Sri Lanka’s iconic telecom operator has achieved a significant milestone by reaching 35,000+ households and businesses with its fourth-generation …
Google loon may leave Sri Lanka, corruption accusation baseless: Harin
Feb 16, 2017 (LBO) – Sri Lanka’s controversial Google loon pilot project may be withdrawn from the country as a result of a spectrum issue with the …
Governments increasingly using emerging technologies: summit report
Feb 14, 2017 (LBO) - Governments are increasingly incorporating emerging technologies to improve public services, according to a report presented at the recent …
VirtusaPolaris Converse 2017 Summit Showcases Next-generation Technology Careers for Tech Graduates
(PRESS RELEASE) - VirtusaPolaris, the market-facing brand of Virtusa Corporation and Polaris Consulting & Services, Ltd., a leading worldwide provider of …
Experts from Facebook, Google coming to Sri Lanka for summit
Jan 25, 2017 (LBO) – Sri Lanka is planning to hold a digital summit in March this year to boost the country's global digital presence. It is expected that …
Sri Lanka’s JKH files patent on energy storage nanomaterial
Jan 16, 2017 (LBO) - Sri Lanka's John Keells Holdings plc filed its first patent jointly with the Council for Scientific and Industrial Research (CSIR) India, …
Yahoo to be named Altaba, Mayer to leave board after Verizon deal
Jan 10, 2017 (Reuters) – Yahoo Inc said Monday that it would rename itself Altaba Inc and Chief Executive Officer Marissa Mayer would step down from the …
Microsoft Office 365 to include Bitcoin currency support
Jan 09, 2017 (LBO) – Microsoft has included controversial Bitcoin currency support for Excel spreadsheet package for their 2017 rollout plan for Office 365, …
Sri Lanka to have coordinating authority for science, technology and innovation
Jan 05, 2017 (LBO) - Sri Lanka’s Cabinet of Ministers has given the go ahead for setting up of a science, technology and innovation coordinating authority …
Supun Weerasinghe appointed as group CEO of Dialog Axiata
Jan 02, 2017 (LBO) – Sri Lanka’s telecommunications blue chip Dialog Axiata today informed the stock exchange that Supun Weerasinghe has been appointed as …
Samsung designs all-screen front for Galaxy S8 phones
Dec 08, 2016 (LBO) – World’s biggest smartphone vendor Samsung is planning to create an all-screen front for the Galaxy S8 smartphones coming out next …
London Stock Exchange Group opens new tech facility in Sri Lanka
Dec 06, 2016 (LBO) – London Stock Exchange Group (LSEG) yesterday announced the opening of its new state-of-the-art technology facility in Sri Lanka. …
SLT to power Lanka Government Network, LGN 2.0
Nov 17, 2016 (LBO) - Sri Lanka Telecom has been chosen as the total communication service provider and communication infrastructure provider to the Lanka …
Sri Lankan market crowded, Asian telcos under pressure in 2017: Fitch
Nov 15, 2016 (LBO) - Sri Lanka continues to be a crowded market with five operators serving a population of 21 million and set for consolidation, Fitch Ratings …
VC fund BOV Capital invests in OMAK Technologies
Nov 08, 2016 (LBO) - BOV Capital has led a successful investment round for OMAK Technologies, a fast growing regional restaurant management solutions provider …
iflix adds Hindi & Tamil content for Sri Lanka internet TV viewers
iflix, the world’s leading Internet TV service for emerging markets is thrilled to announce the addition of hugely popular Hindi and Tamil programming to its …
Korea Eximbank checks feasibility to create ICT hub in Sri Lanka
Oct 31, 2016 (LBO) – South Korea’s export and import bank is planning to conduct a comprehensive feasibility study to establish an ICT Hub for secondary …
Sri Lanka to have 500 public Wi-Fi spots before end 2016
Oct 31, 2016 (LBO) – Sri Lanka’s Digital Infrastructure Ministry is expected to complete opening of 500 free public Wi-fi spots in the island before the …