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Daraz, Dialog, Samsung, Singer, and SLTMobitel Are Most Popular Brands Online in Sri Lanka

Daraz, Dialog, Samsung, Singer, and Mobitel were named among the top five visible brands by internet users in Sri Lanka, according to a survey. The Asia Pacific Institute of Digital…

Bitcoin tops $50,000 as it wins more mainstream acceptance

(Reuters) – Bitcoin rose above $50,000 on Tuesday for the first time, adding steam to a rally fuelled by signs that the world’s biggest cryptocurrency is gaining acceptance among mainstream…

India propels Telegram to become most downloaded non-gaming app in Jan: Sensor Tower

Telegram was the most downloaded non-gaming app worldwide for January 2021 with more than 63 million installs, 3.8 times its downloads in January 2020. The countries with the largest number…

Edtech startup Eupheus Learning raises $4.1 million ahead of its plans to expand into Sri Lanka

Ahead of its foreign expansions, India’s Edtech startup Eupheus Learning has raised $4.1 million in a Series B funding round, led by Kuwait-based United Education Company (UEC) and Al Rayan Holding…

Hacktivists deface multiple local domains, including Google.lk

A mysterious group of hacktivists has poisoned the DNS records of several Sri Lankans (.lk) websites on Saturday and redirected users to a web page detailing various social issues impacting…

Henry Ford Cardiologists Find Apple iPhone 12 Magnet Deactivates Implantable Cardiac Devices

One of the newest features of the Apple iPhone 12 series of mobile devices is a strong magnet that helps align the phone on Apple’s MagSafe accessory to maximize charging…

Bezos to give Amazon reins to cloud boss Jassy as sales rocket past $100 billion

(Reuters) Amazon.com Inc founder Jeff Bezos will step down as CEO and become executive chairman, naming the head of its lucrative cloud computing division as successor in a sign of…

IFS growth outperforms market in 2020 with 26% increase in software revenue

IFS, the global enterprise applications company has seen a 26% Year-on-Year increase in software revenue, according to its financial results for the full year ended December 31, 2020. 2020 saw widespread…

Wall Street gears up for second bout against Reddit traders

(Reuters) – Wall Street is gearing up for another week of market mayhem, with signs that the retail frenzy that pumped up the stock prices of the likes of GameStop…

EU Urges Sri Lanka to Notify Imposed Import Restrictions Measures to WTO

The Europan Union (EU) has urged Sri Lanka to notify import restrictions measures imposed since April 2020 to the World Trade Organisation (WTO), while stressing the need for a level…