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 …
Technology
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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 …
Sri Lanka to establish technology incubator with Wayamba Uni
July 28, 2016 (LBO) - Sri Lanka will establish an incubator and technology transfer centre in a joint project with the Wayamba University at a cost of 46.5 …
Moratuwa Uni “D-Mora P1” car wins accolades at Formula Student UK 2016
July 28, 2016 (LBO) The D-Mora P1 race car built by the engineering students from the University of Moratuwa with the backing of Diesel & Motor Engineering PLC …
Sri Lanka introduces welfare register to reduce ‘ghost’ beneficiaries
July 22, 2016 (LBO) – Sri Lanka’s project management and monitoring department with ICTA has prepared a single window for an integrated social welfare …
Operational aspects more important than startup valuation: Nissanka
July 20, 2016 (LBO) - Operational aspects of startup IT companies are more important than discussions over valuation, a venture capital expert said at a forum …
Final bids on Yahoo core assets to conclude soon
July 15, 2016 (LBO) - The drawn-out auction for Yahoo's core internet business will soon draw to a close, with final bids for the services, which include …
Sri Lanka up two notches in Networked Readiness Index 2016
July 07, 2016 (LBO) – Sri Lanka has been ranked 63rd among 139 countries in the 2016 Networked Readiness Index showing a marginal improvement on its previous …
Hans Wijayasuriya wins outstanding Asia mobile contribution award
July 01, 2016 (LBO) - Hans Wijayasuriya, group CEO of Axiata Dialog and the regional CEO for South Asia, Axiata Group, has won the Outstanding Contribution to …
CICT launches country’s first mobile app to track movement of containers
A new level of convenience and sophistication has been introduced to keeping track of containerised cargo by Colombo International Container Terminals (CICT) …