Sri Lanka’s Dialog Axiata net down 58-pct in December quarter
Feb 17, 2016 (LBO) – Profits at Sri Lanka’s Dialog Axiata group, which has interests in mobile, fixed and pay television, declined 58 percent to 620 …
Technology
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Sri Lanka IT professionals insist on greater transparency in ETCA
Feb 11, 2016 (LBO) – Sri Lanka’s IT professionals have raised concerns over the lack of transparency and industry involvement in formulating the proposed …
Google passes Apple as world’s most valuable company
Feb 02, 2016 (LBO) – Google’s parent company, Alphabet has reported fourth quarter earnings driving up the company’s shares by over 8 percent, foreign …
Google loon to start testing in Sri Lanka this month
Feb 01, 2016 (LBO) – Project Loon from Google x is to launch its preliminary testing in Sri Lanka this month, Managing Director of ICTA, Muhunthan Canagey …
Ministers should use social media for engagement: CPA media survey
Feb 01, 2016 (LBO) – A new media survey by the Centre for Policy Alternatives (CPA) reveals that government Ministers should utilize social media tools to …
IBM acquires Ustream to boost cloud based video services
Feb 01, 2016 (LBO) – IBM has acquired a cloud-based video streaming service Ustream, to extend its cloud platform to unlock the value of video, a …
Malaysia’s Axiata, India’s Bharti Airtel to merge subsidiaries in Bangladesh
Jan 28, 2016 (LBO) - Axiata Group Bhd, Malaysia's largest mobile operator by market value, and Bharti Airtel Ltd, India's largest telecom operator by …
Sri Lanka ranks 14 on global offshoring index 2016
Jan 25, 2015 (LBO) - With many domestic and international companies investing heavily on the local IT/BPO and BPM offshoring industry thanks to its commercial …
Fourth Industrial Revolution to impact developing countries: UBS report
Jan 21, 2016 (LBO) - Developed countries could gain more from the introduction of new technologies through automation and artificial intelligence, Swiss bank …
People without access to digital technology will be left behind: World bank
Jan 19, 2016 (LBO) - Greater effort must be made to connect more people to the internet and to create an environment that unleashes the benefits of digital …
Sri Lanka Telco outlook improves with new budget: Fitch
Jan 18, 2016 (LBO) – Fitch Ratings has revised the outlook on Sri Lanka's telco sector to stable from negative as the new budget, introduced in December …
Internet Explorer terminates support for older versions
Jan 16, 2016 (LBO) – Microsoft’s built-in search tool ‘Internet Explorer’ has discontinued its support for older versions of explorer from January 12, …
YouTube launches localized version in Sri Lanka
Jan 13, 2016 (LBO) – The most popular video sharing site in the world, YouTube on Tuesday launched its localized version for Sri Lanka, Google Asia Pacific …
Netflix is now available in Sri Lanka
Jan 07, 2016 (LBO) – World’s leading internet TV service, Netflix has launched its service globally including in Sri Lanka, simultaneously bringing its …
Sri Lanka computer literacy at 27-pct in 1H 2015
Dec 12, 2015 (LBO) – Sri Lanka’s computer literacy for the first half of 2015 is 26.8 percent compared to 25.1 percent reported in 2014, the Department of …
Leapset Engineering rebrands as CAKE LABS
Dec 11, 2015 (LBO) – Tech outfit Leapset Engineering has rebranded as CAKE LABS after having changed its US name from Leapset to CAKE. “We wanted to better …
Dialog launches cloud services ‘Cumulus’
Dec 10, 2015 (LBO) - Sri Lanka’s Dialog Axiata PLC launched its cloud services 'Cumulus' in Colombo on Wednesday together with several technology companies …
Mobitel considers strategic acquisition of local operator
Nov 28, 2015 (LBO) - Mobitel, a fully-owned unit of listed Sri Lanka Telecom, said it is considering a strategic acquisition of a local operator and denies …
Google makes traffic congestion maps available for Sri Lanka
Nov 19, 2015 (LBO) - Google Maps has activated traffic information for Sri Lanka with useful congestion data for Colombo and other locations, an IT observer …
Innovation crucial for Sri Lanka’s future success: ex central banker
Nov 17, 2015 (LBO) – Sri Lanka’s ability to invent and innovate will be vital for economic development and developed country status, a former central …