Category: Technology
‘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 […]
Facebook, Microsoft, Twitter, YouTube in forum to counter terrorism
June 27, 2017 (LBO) – Facebook, Microsoft, Twitter and YouTube announced Monday the formation of a ‘Global Internet Forum to Counter Terrorism.’ The companies in a joint statement said the forum “will help us continue to make our hosted consumer services hostile to terrorists and violent extremists.” The forum builds on the EU Internet Forum […]
SLT first to successfully field test Pre-5G LTE Advanced Pro in South Asia
June 06, 2017 (LBO) – Sri Lanka Telecom, together with Huawei Technologies, has successfully carried out South Asia’s first comprehensive field trial of Pre-5G LTE Advanced Pro technology, laying the groundwork for the next generation of broadband technologies, the company said. “We anticipate momentous changes in our business with results that promise to be far-reaching […]
Mitra Innovation client wins UK data industry award
June 05, 2017 (LBO) – A client of Sri Lanka and UK-based Mitra Innovation, Beyond Analysis, has recently won a data industry award, the company said. Mitra Innovation is a technology innovation company based in Sri Lanka, Australia, the US and the UK, which specializes in cloud systems integration, product and platform incubation, and digital […]
Dialog starts operations of 4.5G LTE home broadband in Colombo
Sri Lanka achieved yet another milestone on the region’s broadband technology landscape this week, as Dialog Axiata announced the launch of its commercial 4.5G TDD LTE network. The roll-out of South Asia’s first commercial 4.5G TDD LTE network with Dialog’s Home Broadband services will be initially available in selected zones in the city of Colombo, […]
Huawei launches GR5 2017 Premium in Sri Lanka
(PRESS RELEASE) – Huawei, the leading smartphone brand in Sri Lanka recently introduced the Huawei GR5 2017 Premiumedition to the Sri Lankan public. The new smartphone series showcases a stylish and value packed exterior along with technologically advanced features and functionality. The device optimizes its offerings in the form of a dual-back, professional level camera […]
Dialog paves way for 5G with successful MIMO trial
May 24, 2017 (LBO) – Sri Lanka’s Dialog Telecom said they have successfully completed a trial of next-generation, MIMO (Multiple-Input Multiple-Output) Technology. “In the race to 5G with unprecedented improvements in network throughput and capacity, MIMO is considered the most compelling technology with superior energy and spectral efficiency,” the company said in a statement. “Dialog […]
‘s retail sector, says Takas CEO
May 24, 2017 (LBO) – Sri Lanka’s online retail sector is booming, which poses a threat to traditional retail stores. Online stores too are battling it out for market share. Lanka Business Online spoke to Lahiru Pathmalal, the CEO of Takas.lk, one of the top online retailers in the island, to find out how the […]
Dialog Axiata offers pay per click rewards in Sri Lanka
May 23, 2017 (LBO) – Sri Lanka’s Dialog Axiata has entered the pay-per-click market offering Dialog and non-Dialog subscribers the opportunity to earn rewards on a daily basis. A website called Freezone.lk has been launched for this purpose which is a sponsored deal site introduced for the first time in Sri Lanka. The website provides […]