A Senate panel recently approved a new bill aimed at closing bank accounts of non-filers with balances over Rs1 million and restricting their ability to make certain purchases, like homes or cars, without explaining the source of funds. This bill, called the Tax Laws Amendment Act 2024, was endorsed with some changes to make the…
Apple has asked to join the U.S. antitrust trial against Google, focusing on Google search practices. Apple argues it cannot rely only on Google to defend the revenue-sharing deals that bring in billions of dollars every year. These deals make Google the default search engine on Apple Safari browser. Apple Position Apple clarified it has…
The State Bank of Pakistan (SBP) has announced new collateral and eligibility criteria for its Monetary Policy Lending Operations, effective July 2025. These updated rules aim to improve risk management measures for financial transactions in Pakistan, specifically for operations such as Open Market Operations (OMO) and Standing Ceiling Facility. Below is a simplified version of…
A new phishing scam has been uncovered by a global cybersecurity company, specifically targeting businesses that promote their pages on Facebook. According to a recent report from Kaspersky, scammers are sending fraudulent emails that appear to come from Meta for Business, Facebook platform for businesses. These emails falsely claim that the recipient’s page contains prohibited…
A recent report by the Pakistan Telecommunication Authority (PTA) highlights a serious issue: the participation of women in technology and digital spaces remains “alarmingly low.” This is not just a local problem but a global concern as well. The report points out that women have less access to smartphones and the internet compared to men,…
Steve Smith has made cricket history once again. During the Day Test match at Melbourne, he scored his 11th Test century against India. This achievement has made him the first player ever to score 11 centuries in Tests against India, surpassing Joe Root’s previous record of 10 centuries. This remarkable feat further strengthens Smith position…
