Globosoft Technologies

10/06/2026

23/04/2026

Cursor has seen explosive growth, reaching a valuation of $29.3 billion.

A 26-year-old Pakistani-born entrepreneur, Sualeh Asif, has joined the ranks of global billionaires following the rapid rise of his artificial

07/04/2026

State Bank of Pakistan (SBP) on Monday introduced new measures to facilitate IT exporters and freelancers. No ‘Form R’ for individual deals; threshold raised above $25,000 .

IT companies and freelancers will no longer be required to submit ‘Form R’ for each individual export transaction. Instead, they will provide a one-time declaration, clearly specifying the nature of services being offered overseas, at the time of opening a new account and, for existing customers, as and when required.

No "Form R" for individual deals; threshold raised above $25,000.

02/04/2026

Social media earnings now on FBR radar

According to FBR officials, both local residents and non-residents earning from viewership and subscribers in Pakistan will be required to pay taxes.

Social media account holders with at least 50,000 subscribers will now be classified as businesses.

Furthermore, reaching 12,500 views within a single quarter will also be considered a business activity for tax purposes.

FBR officials have suggested a benchmark for YouTube earnings, proposing that an income of Rs 195 per 1,000 views be used as the standard for tax assessment.

02/04/2026

Pakistan Joins 'Sovereign Artificial Intelligence (AI) Initiative' - National control over AI systems, data and infrastructure, etc.

Pakistan joins sovereign AI initiative

01/04/2026

March 31st is World Backup Day: the day to prevent data loss!

World Backup Day is an annual commemorative event celebrated on March 31st to raise awareness about the importance of protecting digital data. Strategically observed the day before April Fool's Day, its unofficial motto is "Don't be an April Fool—Backup your data".

Purpose: It serves as a global reminder to back up files, documents, and cherished memories to prevent permanent loss from hardware failure, theft, or cyberattacks like ransomware.

Key Strategies: The 3-2-1 Rule

Experts often use this day to promote the 3-2-1 backup strategy for maximum security:

3 copies of your data (the original and two backups).
2 different types of media (e.g., an external hard drive and cloud storage).
1 copy stored off-site (e.g., in the cloud or at a different physical location).

26/03/2026

24/03/2026

Zero unicorns and no company generating more than $100 million in annual revenue, indicating that the missing ingredient is not talent, but capital.

No unicorns despite $4b startup base