February 21, 2025
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2min9
Microsoft has announced a breakthrough in quantum chips, which could open up new frontiers for computing but also creates new threats. As quantum hardware becomes more affordable and widely available, criminals may exploit its advanced computational capabilities to break traditional encryption methods that protect data in many applications and services, posing a significant threat to […]

January 27, 2025
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4min27
LOLC Technologies Limited, a subsidiary of the LOLC Group, has entered into a collaborative agreement with Microsoft to integrate Azure cloud services into “FusionX”, its core banking platform designed to meet evolving customer needs. This strategic move aims to upscale their operational architecture, enabling LOLC Technologies to harness the power of data and AI to […]

January 10, 2025
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6min47
Writing a new page in the history books, Softlogic Life, Sri Lanka’s life insurer with the largest customer base became the country’s first company to secure a place among the top five winners in the “Hack for Social Impact” executive challenge at the Microsoft Global Hackathon 2024. Competing amongst 73,000+ participants from 85 countries, Softlogic […]

December 1, 2024
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5min15
Microsoft ignited the ‘Scaling AI at Work’ event in Sri Lanka on 26 November 2024, providing a dynamic platform for key customers and partners to delve into the transformative potential of AI. The event showed how Microsoft AI is sparking success among its customers, effectively enriching employee experience and driving business processes with the use […]

November 22, 2024
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2min13
SHENZHEN, CHINA – Media OutReach Newswire – 21 November 2024 – OPPO has strengthened its cooperation with Microsoft to deliver advanced AI productivity features to ColorOS 15, OPPO’s next-generation smart device experience. “To deliver advanced AI experiences, we are incredibly proud to partner with Microsoft, a pioneer in the field. At the cutting edge of global AI development, Microsoft lays […]

August 2, 2024
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5min11
Since its launch last year, Microsoft Copilot has resonated with a wide range of users, from business executives to everyday individuals, with its capability to seamlessly navigate vast amounts of data and deliver actionable insights. Microsoft Copilot lets you search for specific information, generate text (like emails and summaries), and create images based on text […]

June 25, 2024

6min5
Microsoft Announces Evolution and Expansion of AI Tools for Developers Microsoft Build is an annual flagship event for developers around the world, empowering them to improve efficiency, enhance customer experiences, and make new breakthroughs. With about 60 new announcements, Microsoft Build 2024 kickstarted with an opening keynote from Microsoft chairman and CEO Satya Nadella, highlighting […]

June 17, 2024
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7min8
The 2024 Work Trend Index Annual Report from Microsoft and LinkedIn offers valuable insights into the evolving dynamics of the workplace. To help leaders and organizations overcome artificial intelligence (AI) resistance, Microsoft and LinkedIn examined how AI will broadly reshape and is impacting the work and labor market. They have surveyed 31,000 people across 31 […]

May 22, 2024

7min29
Today at 9:30 p.m. IST, Microsoft Build will kick off with an opening keynote from Satya Nadella focused on Microsoft’s AI vision and tools for developers. You can access an overview of today’s news, along with what’s to come, on the Official Microsoft Blog. Visit our press microsite for more details on announcements and check […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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