Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that combines innovation, technology leadership and industry solutions to transform the customer experience, today reported consolidated financial results for the second quarter fiscal year 2015, ended September 30, 2014.

Taylor Swift has left Spotify following months of public disagreements over how much the service pays artists.

The Leasing Association of Sri Lanka Ltd (LASL) at their recent AGM appointed Nishaman Karunapala as its Chairman and Chaminda Sampath Hettiarachchi of Central Finance Co PLC as the Deputy Chairman.

Supermarket chain Tesco is believed to be looking into selling its banking arm, Tesco Bank, which could raise anything between £500m to £1bn.

Samsung has issued a court filing regarding its collaboration with Microsoft on Windows Phone and states that it refuses to fulfill its end of the deal as it now sees the software giant as a direct competitor.

The BBC has been likened to Google, Starbucks and Amazon by the chairman of the Commons public accounts committee, Margaret Hodge, for using a multimillion-pound tax break scheme to increase its income.

New Zealand Minister for Primary Industries, Nathan Guy is leading a business delegation to Colombo this week to further strengthen trade ties between Sri Lanka and New Zealand in the lead-up to the ICC Cricket World Cup 2015.

Citizens Development Business Finance PLC (CDB) outperformed several high profile service brands, winning a coveted Bronze Award at the recently held SLIM Brand Excellence Awards 2014 at the BMICH.

The Commercial Bank Ceylon and Paycorp International (PYCI), a leading provider of enterprise payment processing solutions to banks, corporates and industry specific vertical markets, have formed a strategic alliance to launch ‘PAYCOM,’ Sri Lanka's first Multilingual Mobile POS solution.

Facebook’s advertising revenue has grown by 64 per cent during its third quarter with mobile ads making up 66 per cent of that at $1.95bn.

Brand agency Tayburn has appointed Nadine Pierce to the newly-created role of marketing manager.