Blackberry ends manufacture of iconic smartphone
Sept 29, 2016 (LBO) - BlackBerry says it will no longer manufacture the iconic smartphone and will instead outsource the function to partners. online pharmacy …
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Infrastructure: Sri Lanka Megapolis development on right track, says UDA DG
Sept 27, 2016 (LBO) - Sri Lanka is pushing ahead with ambitious Megapolis development plans keeping in mind the need to strengthen public sector capacity, a …
Germany to get first zero-emission hydrogen-powered train
Sept 22, 2016 (LBO) - The world's first CO2-emission-free train powered by hydrogen has been unveiled at the Berlin InnoTrans trade show and is due to start …
London Stock Exchange fills 100 tech jobs in Sri Lanka
Sept 19, 2016 (LBO) – London Stock Exchange Group said its Business Services division (LSEG BSL) in Sri Lanka has completed the first stage of its set-up …
Uber launches cash payment for rides in Sri Lanka
Sep 06, 2016 (LBO) - Uber, the smartphone app that connects riders to drivers, has launched cash payments as an option in Colombo giving users options to …
Sri Lanka’s Dialog launches first VoLTE network on 4G
Sep 01, 2016 (LBO) - Sri Lanka's Dialog Axiata, announced the launch of VoLTE (Voice over LTE), enabling ultra-high quality voice and video calls over its …
Sri Lanka police arrest teen over hacking president’s website
COLOMBO, Aug 29 (Reuters) - Sri Lanka police on Monday arrested a 17-year old school boy on suspicion of hacking into the president's official website, …
Opinion: Ceylon Steel excels with standardized “Flat Iron”
By Dr Edwin Ariyadasa Making Steel Industry history in Sri Lanka, Ceylon Steel Corporation has entered in to the production of standardized “Flat Iron”. …
Singapore’s decision to air-gap public sector closely watched
Aug 29, 2016 (LBO) - Singapore is working on how to "air gap" web access for public servants as a defense against cyber attacks, a media report said.buy …
Uber loses USD1.2 bln in first half on pricing battles
Aug 26, 2016 (LBO) - Ride-hailing company Uber Technologies Inc told its private investors that losses increased in the second quarter, even in the U.S., …
Visa opens up branch in Sri Lanka to boost electronic payments
Aug 25, 2016 (LBO) – A global leader in payments technology, Visa today announced the opening of a local office in Colombo and the appointment of Anthony …
VirtusaPolaris Receives Stevie Award for Investor Relations and Technical Innovation
(PRESS RELEASE) - WESTBOROUGH, Mass.,– VirtusaPolaris, the market-facing brand of Virtusa Corporation and Polaris Consulting & Services, Ltd., and a leading …
Sri Lanka’s Janashakthi launches next gen smart tech challenge
Aug 19, 2016 (LBO) - Sri Lanka's Janashakthi Insurance says it has launched their latest campaign to capture the innovative minds of today’s youth – the …
Sri Lanka inks deal for ICT cooperation with Huawei
Aug 18, 2016 (LBO) – Sri Lanka's Ministry of Telecommunication and Digital Infrastructure and Huawei have signed a Memorandum of Understanding on information …
Auxenta wins the Best Startup of the Year award
(PRESS RELEASE) - We are delighted to announce that Auxenta has been awarded the "Best Startup of the Year 2016" by CSSL – Computer Society of Sri Lanka. …
Virtusa Announces First Quarter 2017 Consolidated Financial Results
(PRESS RELEASE) - Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that combines innovation, technology …
SLT gets full landing status for SEA-ME-WE 5 in Matara
Aug 12, 2016 (LBO) - Telecommunications and ICT solutions provider, Sri Lanka Telecom PLC (SLT), says it has gained full landing status of SMW5 Cable Station …
Sri Lanka needs to accelerate broadband development: Harin
Aug 09, 2016 (LBO) - Sri Lanka's government says that as the island embarks on a journey of transformation to become a digitally enabled and empowered society, …
Sri Lanka’s Dialog Axiata net up 20-pct in June quarter
Aug 08, 2016 (LBO) – Profits at Sri Lanka’s Dialog Axiata group, which has interests in mobile, fixed and pay television rose 20 percent to 2.3 billion …
Mobitel explores acquisition of Etisalat: report
Aug 01, 2016 (LBO) - Sri Lanka's Mobitel intends to explore acquisition of Etisalat, after the Cabinet Committee on Economic Matters said it could carry out a …