Fed increases interest rates by 25 bps and signals more hikes ahead
The Federal Reserve raised interest rates by a quarter percentage point and signaled hikes at all six remaining meetings this year, launching a campaign to tackle the fastest inflation in…
GemVault Fintech Becomes First-ever Sri Lankan Company to be listed on Bitcoin.com
GemVault Fintech (PVT) Ltd., the mother company of GemPay, a cryptocurrency payment gateway and processor has now been listed on Bitcoin.com under Bitcoin Maps. Bitcoin Maps is a leading tool…
Big four consultancy firms to cease operations in Russia and Belarus
The big four consulting firms — Deloitte, KPMG, EY and PwC have announced the withdrawal of operations in Russia and Belarus over Moscow’s invasion of Ukraine. A spokesperson for KPMG…
Huawei accolades SL University talents excelled at first-ever ICT Competition
20 recipients from the Universities gets awards from Huawei ICT Competition 2021-2022 Huawei Sri Lanka together with Sri Lanka Inventors Commission (SLIC) recently accoladed the top twenty national winners among…
Grow Announces the Opening of its Sri LANKA OFFICE
GROW, an incubation service for blockchain and emerging technology projects, has announced the opening of its operational offices in Sri Lanka. Located in One Galle Face Tower, Colombo, the GROW…
Sri Lanka’s Legislature Passes Data Protection Law
Sri Lanka’s first-ever Personal Data Protection Bill was passed in parliament yesterday with amendments amidst growing privacy concerns. The Bill was tabled by the Minister of Justice Ali Sabry. The…
HUTCH completes successful implementation of advanced Oracle Cloud ERP system in the middle of a pandemic
HUTCH, Sri Lanka’s fastest-growing mobile broadband operator accomplished yet another major milestone in its rapid transformation journey, successfully implementing the latest Oracle Fusion Cloud Enterprise Resource Planning (ERP) system in…
Huawei’s Guo Ping: Reshaping the technological paradigm in three areas to secure mid- to long-term competitiveness
During MWC Barcelona 2022, Huawei’s Rotating Chairman Guo Ping spoke on the company’s plan to continue its globalization strategy and increase its strategic investment into foundational technologies. Through this investment,…
Coinbase Is Latest Exchange to Deny Ukraine Request to Block Russian Crypto Users
DeCrypt: Coinbase “will not institute a blanket ban on all Coinbase transactions involving Russian addresses,” despite a request from a Ukrainian government official to do so. A spokesperson for the popular…
Huawei Releases IntelligentRAN Wireless Architecture
Huawei unveiled IntelligentRAN, its new wireless network architecture, at recently held Pre-MWC Briefing and Product and Solution Launch event. This architecture is designed to help carriers build autonomous networks using…