Author: Techie.lk

China has launched a cybersecurity review of products ‌sold in the country by U.S. company Palo Alto Networks (PANW.O), opens new tab, citing risks to critical information infrastructure and national security, the country’s cyberspace regulator said on Thursday. The Cyberspace Administration of China (CAC) said the review was initiated under ​China’s national security and cybersecurity laws. It did not identify the products involved, detail ​alleged vulnerabilities or say what action Palo Alto could face. Beijing has stepped up ⁠scrutiny of foreign technology suppliers while promoting domestic alternatives, saying imported products used in sensitive ​networks could expose data or critical infrastructure…

Meta Platforms (META.O), opens new tab CEO Mark Zuckerberg called for lower U.S. barriers for open-source AI to better compete with Chinese rivals as the social media giant released a new open-weight model on Monday and said more would follow soon. The new model, Muse Glimmer, is smaller than leading ​AI models from rivals and is instead designed to run agentic tasks on a Mac or PC with a single graphics card, ‌aiming to tap demand for AI systems that run directly on people’s devices. “We’ve got even bigger models that are coming soon,” Zuckerberg said in a video post…

Streaming platform Roku (ROKU.O), opens new tab on Thursday reported second-quarter revenue that beat Wall Street estimates, driven ​by its advertising and subscriptions segments. Roku is ‌awaiting the closure of a deal to be acquired by Fox Corp (FOXA.O), opens new tab for$22 billion, uniting the broadcaster’s content ​empire with Roku’s streaming distribution footprint. The ​deal is expected to close in the first ⁠half of 2027. Here are some details on ​the results: Roku, a content distributor, carries streaming apps ​from Paramount and Netflix and has benefited from consumers leaving traditional TV. The company has also focused on improving its ​ad-tech and content discovery…

Eutelsat (ETL.PA), opens new tab said on Friday it expected slight revenue growth in 2027 as rapid expansion of its OneWeb satellite connectivity business offsets declines elsewhere, though weaker-than-expected profitability sent ​its shares down as much as 8%. The company said it expected ​slight growth in operating revenue in 2026/27, while profit margins were ⁠expected to remain broadly unchanged from last year. Full-year revenue rose 3% ​on a like-for-like basis to €1.24 billion ($1.43 billion), driven by a 69.5% increase in ​low-Earth orbit (LEO) revenue, which accounted for a quarter of group sales. Adjusted core earnings, however, fell to €632.4…

Govt. to impose obligations on operators with significant market power to strengthen competition TRCSL revising broadband quality standards to independently monitor network performance and user experience Govt. to direct rollout of mobile number portability if operators fail to reach agreement by end-September Cost-based tariff models also expected this year to promote fairer pricing Ravi K. says Govt. should override wishes of single operator to ensure consumer rights The Government will introduce new competition regulations for dominant telecommunications operators, tighten broadband service quality monitoring, and impose a September deadline for the rollout of mobile number portability (MNP), Digital Economy Deputy Minister…

PickMe on Wednesday launched Colombo Connect, the first city-wide destination to be introduced under its newly unveiled PickMe Explore platform, a national digital ecosystem designed to connect attractions, experiences, events and communities through a single technology platform. The initiative was launched at Colombo Lotus Tower, with Western Province Governor Hanif Yusoof attending as Chief Guest. Also in attendance were Digital Economy Ministry Secretary Waruna Sri Dhanapala, Colombo Lotus Tower Chairman Shirantha Peries, travel writer, photojournalist and author Juliet Coombe, along with several other distinguished guests and members of the management teams of PickMe and Colombo Lotus Tower. A partnership with…

The Government has expanded investigations into the $ 2.5 million cyber theft from Sri Lanka’s sovereign debt repayment system, with bank and digital transaction records being sought from six countries while international law enforcement agencies assist efforts to trace the stolen funds. Public Security and Parliamentary Affairs Minister Ananda Wijepala told Parliament yesterday that investigations into the cyber fraud remain under the supervision of the Fort Magistrate, with 91 officials questioned to date. He said authorities had sought banking and digital transaction information from the US, Australia, the United Arab Emirates (UAE), Switzerland, and Zambia under Mutual Legal Assistance (MLA)…

Business leaders urged entrepreneurs to embrace collaboration, resilience, and disciplined adoption of artificial intelligence (AI) as BNI Sri Lanka unveiled plans to expand its membership beyond 5,000 to strengthen support for the country’s micro, small and medium-sized enterprise (MSME) sector at the BNI Sri Lanka National Conference 2026. Addressing more than 400 delegates from Sri Lanka and overseas, including participants from India, Japan, Bahrain, and Taiwan, BNI Sri Lanka National Director Hemu Suvarna said the organisation aims to build a larger business referral network capable of creating greater opportunities for entrepreneurs across Sri Lanka. “We are on a mission to…

Developed by the team behind Xtellig, Autosocializer is an ambitious productivity and workflow automation platform built to compete with global products such as Jira, ClickUp, Monday.com, Trello and Asana, while offering businesses a simpler, smarter and more connected way to work. Founded by Jarachanthan Ratnakumar and Venukan Kanthasamy, Autosocializer was created from a challenge they experienced themselves. “As founders, we were constantly switching between different applications just to complete one piece of work, project management, team chat, email automation, forms, approvals, documentation and workflow automation. Every additional tool meant another browser tab, another subscription, and another distraction,” Jarachanthan and Venukan…

Founded by Jarachanthan Ratnakumar and Venukan Kanthasamy two years ago, Xtellig was established with a simple vision: To help businesses solve real-world challenges through intelligent technology while demonstrating that world-class software can be built from Northern Sri Lanka. Xtellig helps startups and enterprises transform ideas into scalable digital products. From product strategy and intuitive User Interface and User Experience (UI/UX) design to software development, deployment, and long-term support, Xtellig focuses on creating technology that generates measurable business value. “Technology should never add complexity to a business. It should simplify operations, improve productivity, and create opportunities for growth,” Xtellig  CEO Jarachanthan…