Hewlett-Packard to cut 30,000 jobs after split

Sep 16, 2015 (LBO) – Hewlett-Packard on Tuesday officially announced that 30,000 people will have to leave their newly forming company, a separate business primarily associated with enterprise services. HP has presented a plan to deliver 2.7 billion US dollars in ongoing annual cost reductions with the new separation plan. Releasing a statement Hewlett-Packard said […]

Youth unemployment can be addressed through technical training: Susil

Sep 10, 2015 (LBO) – Sri Lanka can overcome its youth unemployment issue by developing technical education, the newly appointed minister for technology says.“Although unemployment as a whole is six percent, in the age group between 18 – 30 it is over 20 percent,” Susil Premajayantha, the new minister of technology, technical education and employment […]

Netflix to enter Asia in 2016

Sep 09, 2015 (LBO) – Netflix, an on-demand internet and video streaming pioneer, with a subscriber base of 65 million in 50 countries will enter Hong Kong, Taiwan, Singapore and South Korea early next year, foreign media reports said. According to a press release that was posted in Chinese on its website and taken down, the […]

Govt agencies to be connected through GIS technology: ICTA

Sep 08, 2015 (LBO) – Geographic Information Systems (GIS) are fast becoming the platform of collaboration between organizations and the public mainly in the case of governments to enhance development, an official said.“All government buildings in Sri Lanka will be linked by high speed broadband to enable officials to share data and work in a […]

Sri Lanka joins Budapest Convention on Cybercrime

Sep 02, 2015 (LBO) – Sri Lanka has become a fully fledged member of the Budapest Convention on Cybercrime from this month, Council of Europe Treaty Office said.Sri Lanka is the first country in South Asia, and only the second in Asia after Japan, to join this Convention. The country ratified the convention on 29 […]

Dialog CEO says data pricing structures require correction: OBG

(From the Oxford Business Group) ** Data pricing structures would require correction in the face of voice to data conversion and emergence of OTTs, Hans Wijayasuriya, Group CEO, Dialog Axiata, says ** Sri Lanka, August 2015: The transformation of the telecoms industry in Sri Lanka will come in the form of accelerated data growth, emergence […]

Bharti Airtel says mulling opportunities in South Asia

Sept 01, 2015 (LBO) – India’s Bharti Airtel says the telecommunications company considers various options on a regular basis, amid media reports that it is looking to divest its Sri Lanka and Bangladesh operations.In a clarification to the Bombay Stock Exchange, Airtel said it evaluates various opportunities on an ongoing basis in ordinary course of […]

UNDP, Dialog launch hackathon for social development

Aug 30, 2015 (LBO) – UNDP and Sri Lanka’s Dialog Ideamart have launched a social innovation “hackathon” to find solutions to development challenges in employment and enterprise, electronic waste management, and civic engagement.Around 250 people attended the “HackaDev: Impact through Innovation” event last week.The audience comprised of university students and developers studying IT, employees of […]

Samsung launches mobile payment service and two new mobiles

Aug 14, 2015 (LBO) – Samsung on Thursday introduced a new mobile pay service called Samsung Pay making it easier for users to pay for goods and services. This new service will be available in Korea on August 20 and in the US on September 28, addressing an event in New York City, head of […]

Twitter officially removes 140 character limitation from Direct Messages

Aug 13, 2015 (LBO) – Twitter has officially removed its 140-character limit that restricted the length of private messages.“Today’s change is another big step towards making the private side of Twitter even more powerful and fun.” twitter said in a statement. https://twitter.com/twitter/status/631513207882907648 The messaging service will begin rolling out this change today across Android and […]

Microsoft enters Google territory with launch of new translator app

Aug 10, 2015 (LBO) – Microsoft has entered Google territory with the launch of its new translation application supporting phones and tablets as well as the Apple watch and smart watches that run on Android wear, a foreign media report said.“With the new app, Microsoft is entering into Google territory, which has long offered translation […]

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