Sri Lanka mulling global online retailer Rakuten for int’l e-commerce entry

Published : 12:01 am  May 13, 2014  |  Category: IT / Telecom  |  Leave a Comment  |  853 views  |  

EDB in first ever global online export incubator initiative Mulls Japanese e-commerce giant for first trials “Low cost entry to Japanese markets through Rakuten”: EDB’s Sujatha Exports to Japan at $  223 m “Interesting, and willing!”: Exporters As Lanka’s exports to Japan topped the $ 223 million mark, Sri Lanka is mulling a strategic, fast-track entry to one of the most coveted online markets in the world-Japan. “Japan is the second biggest retail market in the world. Japanese are also heavy internet users with a large e-commerce base. Using a top Japanese online giant like Rakuten could give Lankan exporters a wide-coverage and a low cost entry to this promising market” said... 


IIT felicitates students who won five awards

Published : 12:01 am  May 13, 2014  |  Category: IT / Telecom  |  Leave a Comment  |  385 views  |  

IIT recently held the felicitation ceremony for the five winning teams at the Microsoft Imagine Cup 2014 which was held for the 10th consecutive year. IIT organised this ceremony to recognise the victory of IIT students and the Chairman of Informatics Group of Companies, Directors, the staff of IIT friends of media and alumni were present at this ceremony. Five teams from IIT participated in the ‘World Citizenship’, ‘Innovation’ and ‘Games’ categories. All five teams went on to win awards, bringing credit to IIT. IIT secured five awards out of nine awards that were nominated and for the first time in a Microsoft national level competition. Last year IIT won the ‘Innovation’ category... 


Apple sings a different tune with Beats deal

Published : 12:01 am  May 13, 2014  |  Category: IT / Telecom  |  Leave a Comment  |  684 views  |  

Reuters: Apple Inc’s plan to pay $ 3.2 billion for Beats Electronics, which makes headphones and has an up-and-coming streaming music service, may herald a bolder use of its swelling cash pile and galvanize the iPhone maker’s move into wearables. Investors are still struggling to make sense of why CEO Tim Cook would break Apple’s decades-long tradition of relatively minor acquisitions of about $ 200 million to $ 400 million. Most observers say it’s going after a mix of technology and music industry talent in an effort to revive digital music sales. Shares in the iPhone maker, which have been stuck mostly at or below $ 600 for over a year, ended 0.4% lower at $ 585.50 in the first day... 


LinkedIn to let companies target members by language, location

Published : 12:00 am  May 9, 2014  |  Category: IT / Telecom  |  Leave a Comment  |  1,193 views  |  

Reuters: LinkedIn Corp on Tuesday rolled out a new feature that allows companies to target audiences by language preference and geographical location as it seeks to grow and retain members across the world. “Before we would show you everything the company was saying even if it wasn’t right for your geography or service level,” said David Thacker, LinkedIn Vice President of Products. “The entire experience is now customised by geography and language preference.” Additionally, the professional social media platform will help members with personal page feeds adding filters for geography and job function. Helping members weed out information that may not be relevant is important to LinkedIn... 


Antivirus software is dead, says security expert at Symantec

Published : 12:00 am  May 9, 2014  |  Category: IT / Telecom  |  Leave a Comment  |  1,042 views  |  

The Guardian, UK: Antivirus software only catches 45% of malware attacks and is “dead”, according to a senior manager at Symantec. Remarks by Brian Dye, Senior Vice-President for Information Security at the company, which invented commercial antivirus software in the 1980s and now develops and sells Norton Antivirus, suggest that such software leaves users vulnerable. Dye told the Wall Street Journal that hackers increasingly use novel methods and bugs in the software of computers to perform attacks, resulting in about 55% cyberattacks going unnoticed by commercial antivirus software. “Information chief at Norton developer says software in general misses 55% of attacks and its future... 


AMD expands low-power chip technology licensing deal

Published : 12:00 am  May 9, 2014  |  Category: IT / Telecom  |  Leave a Comment  |  519 views  |  

Reuters: Chipmaker Advanced Micro Devices has expanded its licensing technology agreement with Britain’s ARM Holdings as the US. company seeks growth outside the slowing personal computer industry. AMD said it has acquired an architectural license from ARM, the Cambridge, England-based company. ARM’s low-power technology is widely used in smartphones and tablets and is also behind an upcoming crop of energy-efficient server chips. The new license provides more room for AMD to customise its chip architecture and differentiate its products from others based on ARM technology. The Sunnyvale, California, company is planning this year to launch low-power server chips based on ARM technology to... 


Huawei seeks to move up smartphone food chain with new Ascend P7

Published : 12:00 am  May 9, 2014  |  Category: IT / Telecom  |  Leave a Comment  |  502 views  |  

World’s slimmest phone! Reuters: China’s Huawei Technologies launched its second flagship smartphone, the Ascend P7, on Wednesday as part of its effort to crack the upper tier of the mobile market where Apple and Samsung still rule. The mobile – billed as the world’s slimmest phone at 6.5 mm thick – will go on sale in 31 markets, including Britain, Germany and China, starting this month for 449 euros ($ 630) without a SIM card or service contract. It will not be sold in the United States. Huawei, best known as a maker of telecom network gear where it competes with Sweden’s Ericsson, has become the world’s third-biggest smartphone manufacturer behind Samsung and Apple only three... 


HP to invest over $ 1 b in open-source cloud computing

Published : 12:00 am  May 9, 2014  |  Category: IT / Telecom  |  Leave a Comment  |  894 views  |  

REUTERS: Hewlett-Packard Co said it plans to invest more than $ 1 billion over the next two years to develop and offer cloud-computing products and services. The company said it will make its OpenStack-based public cloud services available in 20 data centres over the next 18 months. OpenStack, a cloud computing project that HP co-founded, provides a free and open-source cloud computing platform for public and private cloud services. “Customer challenges today extend beyond cloud. They include how to manage, control and scale applications in a hybrid environment that spans multiple technology approaches,” Martin Fink, executive vice president and chief technology officer, HP, said in a statement. HP... 


HTC steps up advertising to regain once-high market share

Published : 12:00 am  May 8, 2014  |  Category: IT / Telecom  |  Leave a Comment  |  458 views  |  

Reuters: Taiwan’s HTC Corp is stepping up advertising to ensure sales of the One M8 smartphone live up to the new flagship’s critical acclaim, and win the vendor a bigger share of the developed markets it once dominated. HTC reached the top of the US market in the third quarter of 2011, when it sold one in every 10 smartphones worldwide, according to Strategy Analytics. But its global share dropped to 2% along with a share price which plummeted 86%. The fall from grace was speeded up last year when sales of predecessor flagship One M7 failed to match the phone’s rave reviews because of disruptions in the supply chain and a marketing campaign widely dismissed as brash and confusing. HTC... 


At last, apps for finding – what else? Apps

Published : 12:00 am  May 8, 2014  |  Category: IT / Telecom  |  Leave a Comment  |  203 views  |  

Reuters: Finding new smartphone and tablet apps is getting easier, thanks to new apps designed to help people discover still more apps. Most people discover apps by searching app stores or through referrals from friends and family, according to global information and measurement company Nielsen. But critics say such marketplace searching makes it difficult for people to discover new content outside of the most popular apps. With more than one million apps on Apple’s App Store and the Google Play store, the two major app marketplaces, and growing numbers on Microsoft’s Windows Store, the numbers can be daunting. “The sheer number of apps available, combined with a lack of tools to help them... 


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