Meta to pay up to $18bn to settle claims its platforms harm children
Social media giant Meta has agreed to a $18bn (£13.3bn) settlement with US states and territories to resolve claims that Facebook and Instagram harmed children. A California judge approved the…
Prime Minister to Headline Sri Lanka Economic and Investment Summit Session on Sri Lanka’s Digital Future
Hon. Dr. Harini Amarasuriya, Prime Minister of Sri Lanka, will deliver the keynote address at a special session on day 2 of the Sri Lanka Economic & Investment Summit 2026…
HP Signs Wi-Fi Patent Licensing Deal With U.S.-Sanctioned Huawei
SHENZHEN/PALO ALTO — U.S. personal computing giant HP Inc. and sanctioned Chinese telecommunications firm Huawei Technologies Co. have signed a multi-year global patent cross-licensing agreement covering Wi-Fi 6 and Wi-Fi…
Chandana Guniyangoda assumes duties as new Chairman of People’s Bank
Chandana Guniyangoda assumed duties as the new Chairman of People’s Bank on August 25, at a ceremony held at the Bank’s Head Office. The occasion was attended by the former…
AI Academy and Tomorrow University Bring German AI Degrees to Colombo Through Work-Study Model
Sri Lankan students and working professionals will be able to earn degrees from Germany’s state-recognised Tomorrow University of Applied Sciences while building real-world work experience in Colombo, following a new…
Aventude Commits US$1 Million to Skarpa.ai
A strategic investment to accelerate development of the platform ahead of its market launch. Aventude Pte Ltd, the award-winning AI-native software engineering firm, today announced a US$1 million commitment to…
Asia Capital Wins LKR 1.5 Billion Debt Rebate as Restructuring Crosses a Challenging Chapter
Yudhi and Raju Radha Revive One of Sri Lanka’s First Investment Banks COLOMBO, Asia Capital PLC has taken a major step in strengthening its financial position after successfully securing a…
SLID Concludes Landmark Corporate Director Summit, Advancing Future-Ready Board Leadership
The future competitiveness of Sri Lanka’s businesses will depend not only on sound management but on the strength, vision and effectiveness of the country’s boardrooms. That message resonated strongly as…
HNB and Senok unveil exclusive Leasing solutions for Eicher Commercial Vehicles
HNB PLC, the leading private bank in Sri Lanka, has entered into a strategic partnership with Senok Commercial Vehicles Private Limited to introduce an exclusive leasing solutions for customers purchasing…
Kings Hospital Colombo Introduces SSI Mantra 3.0 to Advance Robotic-Assisted Surgery in Sri Lanka
Kings Hospital Colombo has introduced the SSI Mantra 3.0 robotic surgical system, strengthening its capacity to deliver advanced, minimally invasive procedures and expanding local access to precision-led surgical care. The…