Category: business
HP to cut 27,000 jobs by end of 2014
(Srilankamirror) – World’s largest maker of personal computers, Hewlett-Packard, is to cut 27,000 jobs by end of 2014.
Google – Motorola Mobility deal completed
(Srilankamirror) – Google’s $12.5bn (£7.9bn) purchase of US phone maker Motorola Mobility has been completed days after it received approval from the Chinese government.
Facebook shares fall again
(Srilankamirror) – Facebook’s flotation has run into more controversy amid reports of concerns about the way advisers disclosed information to investors.
Chrome dethrones IE as top web browser
(Srilankamirror) – Google’s Chrome has overtaken Microsoft’s Internet Explorer as the most widely used web browser in the world.
Etisalat awards Appzone champions
(Srilankamirror) – The Etisalat Appzone champions 2012 awards ceremony was held at the Waters Edge recently.
Facebook IPO falls below hype
(Srilankamirror) – Facebook shares ended their first day of trading at $38.23, barely above the company’s initial pricing of $38.
Sri Lanka tea farmers oppose imports
(Srilankamirror) – Sri Lanka’s large tea growers have opposed a proposal by major exporters to import teas for re-export to make the island a global hub for blending and packing to retail markets.
CEAT launches 03 new tyres in Sri Lanka
(Srilankamirror) – Sri Lanka’s best-selling radial tyre brand CEAT has introduced three new tyre sizes under the sub brand Milaze.
Sri Lanka graphite mine hit by forex loss
(Srilankamirror) – Bogala Graphite Lanka Plc, a mine controlled by Germany’s Graphitewerk Kropfmuhl lost 15 million rupees in the March 2012 quarter, from a year earlier as it was hit by forex loss, interim accounts showed.
Dumee international expands to London
(Srilankamirror) – Dumee International Pvt Ltd, which enables cash exchange services under lower rates, has expanded operations in London.
Orient Leasing, Commercial Leasing & Finance seek listing
(Srilankamirror) – Sri Lanka’s Commercial Leasing and Finance Limited and Orient Financial Services Corporation Limited plan to list their stock via an introduction, the Colombo Stock Exchange said Friday.
Facebook to launch online app store
(Srilankamirror) – Facebook has launched its own online app store to promote mobile programs that operate using the social network.
Samantha Rajapaksa appointed MD at AMW
(Srilankamirror) – Mr. Samantha Rajapaksa has been appointed as the Managing Director of the AMW Group.
Help Age wins world’s largest humanitarian award
(Srilankamirror) – HelpAge International received the Hilton Humanitarian Prize at the Global Philanthropy Forum in Washington, D.C.
Google breached Oracle’s Java copyright
(Srilankamirror) – A US jury has found that internet giant Google had infringed on the overall copyrights related to its Java programming language.
First interior paint with Teflon in Sri Lanka
(Srilankamirror) – Asian Paints launched Sri Lanka’s first interior paint with Teflon surface protector recently.
Samsung unveils latest Galaxy smartphone
(Srilankamirror) – Samsung has unveiled its latest flagship smartphone – the Galaxy S3.
Dialog joins hands with Cisco
Srilankamirror – Dialog today announced that it has joined hands with Cisco Systems to bring Cisco WebEx, the world’s leading platform for Rich Media conferencing and collaboration.
Microsoft invests in Nook e-books
(Srilankamirror) – Microsoft has invested $300m (£185m) in a digital venture with US bookseller Barnes and Noble.
ComBank gets new MD and COO
(Srilankamirror) – Commercial Bank of Ceylon PLC has appointed Ravi Dias as Managing Director/Chief Executive Officer, and Jegan Durairatnam as Executive Director/Chief Operating Officer.
