Huawei Unveils First AI-Powered Smartphone car

Feb 26, 2018 (LBO) –  Huawei, has become the first mobile device manufacturer in the world to use an AI-powered smartphone to drive a car.The ‘RoadReader’ project pushes the boundaries of Huawei’s object recognition technology and puts the learning capabilities, speed and performance of its AI-powered devices to the test.Unlike other driverless cars, which simply detect […]

Twitter bans attempts to artificially inflate fame of popular hashtags

Feb 23, 2018 (LBO) – Twitter has released an update on the existing rules prohibiting the attempts to artificially inflate the prominence of popular hashtags.A hashtag written with a # symbol is usually used to index keywords or topics on Twitter allowing people to easily follow topics they are interested in. In a blog post, […]

Innovative Smart Solutions to revive electronic manufacturing in Sri Lanka

Feb 16, 2018 (LBO) – Innovative Smart Solutions (Pvt) Limited (iS2) launched their ‘SmartHome’ product line under the brand name Ape with the intention of reviving electronic manufacturing in Sri Lanka, in Colombo recently. Ape users will be able to control their electrical devices such as lights, fans etc. remotely using their mobile phones. The […]

Dialog Axiata FY 2017 NPAT Rs10.8Bn, Rs27.3Bn Invested in Infrastructure

• Net Profit After Tax Rs10.8Bn • Recommended Dividend: 35% of Earnings, 46 Cents per Share • Direct and Indirect Contribution in Taxes, Fees and Levies to GoSL: Rs35.7Bn • Investment in High Speed Broadband and Other Infrastructure: Rs27.3Bn Dialog Axiata PLC announced, Friday 9th February 2018, its consolidated financial results for the year ended […]

”s Supreme Global Holdings

Feb 02, 2018 (LBO) – Supreme Global Holdings, and Alibaba Group owned “Alitrip” which is now called “Fliggy”, launched the “Sri Lanka Pavilion” in “Fliggy’s tourism platform that will target to bring a million new Chinese tourists to Sri Lanka every year. The grand launch was made in Beijing, Tuesday. Alibaba, setting new standards in its […]

Sri Lanka’s eZ Cash launches QR Functionality on App  

Jan 25, 2018 (LBO) – Sri Lanka’s eZ Cash, a mobile money and payment service has launched the Quick Response (QR) code feature on its app enabling users to “Scan to Pay” and “Scan to Transfer” through their smartphone. The latest QR code based “Scan & Pay” feature will be available via the eZ Cash app […]

SLT launched country’s first, purpose built tier 3, National Data Centre

SLT announces grand opening of the state-of-the-art Tier 3 “National Data Center” in Sri Lanka  Sri Lanka’s First “Purpose built Tier 3 Data Centre”  First “Green Gold Certified Data Centre” in Sri Lanka  First Network Function Virtualization ready Data Centre in South Asia Together with Ministry of Telecommunications and Digital Infrastructure (T&DI) […]

Sri Lanka – India to co-operate in IT and electronics fields

Jan 16, 2018 (LBO) – India’s Minister of Law and Justice and Electronics and Information Technology, Ravi Shankar Prasad signed a co-operation deal in IT and electronics with Sri Lankan counterpart, Harin Fernando, Minister of Telecommunication and Digital Infrastructure.The new Memorandum of Understanding will be a Joint Declaration of Intent for a pilot project on E-Office suite […]

‘s sharing economy is on the rise

July 19, 2017 (LBO) – More than 500 billion dollars worth of transactions were carried out in China’s sharing economy last year, which could grow to 10 percent of China’s GDP by 2020, according to a report from the country’s State Information Center. “The sharing economy is only as strong as it is in China […]

Sri Lankan Supreme Court petitioned to stop building steel houses for IDPs

By P.K.Balachandran Tamil National Alliance (TNA) MP for Jaffna District, M.A.Sumanthiran, on Thursday filed a Fundamental Rights petition in the Supreme Court to stop a government project to build 65,000 pre-fabricated steel houses for people displaced by war in the Northern and Eastern Provinces. The respondents in the case are the Minister for Resettlement and […]

‘s first TIER III Certified Data Centre and Media Hub

(Press Release) – Dialog Axiata Group announced last Friday, the commissioning of Sri Lanka’s first Tier III certified data Centre and media bub. Dialog, Sri Lanka’s premier connectivity provider and a leader in the provision of world class enterprise solutions was recently awarded a TIER III Constructed Facility Certification (TCCF) from the UPTIME Institute for […]

China boasts 100 tech unicorns and eight decacorns

July 04, 2017 (LBO) – China now boasts at least 100 tech companies worth over one billion dollars each, called unicorns, and eight companies valued at over 10 billion dollars each, called decacorns in the global tech industry. They include Ali Baba’s Ant Financial, ride-sharing giant Didi Chuxing, smartphone-maker Xiaomi and Tencent Music. According to […]

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