January 2025

SEC Withdraws Controversial Crypto Tax Accounting Bulletin

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The US Securities and Exchange Commission published a new Staff Accounting Bulletin on Thursday, withdrawing its controversial SAB 121. SAB 121 required banks and other public companies to mark any customers’ crypto assets on their own balance sheets. SAB 122 “repeals the interpretive guidance” and instead requires companies to use Financial Accounting Standards Board rules […]

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CPNE rejects the PECA bill

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KARACHI: The Council of Pakistan Newspaper Editors (CPNE) has rejected the Prevention of Electronic Crimes (Amendment Bill 2025) Bill, tabled by the federal government in the National Assembly, due to the absence of prior consultation with stakeholders. In a joint statement, the president, general secretary and other officials of the CPNE said the government should

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Patriots’ Jabrill Peppers pleads guilty to possession of cocaine as part of domestic incident case

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New England Patriots veteran safety Jabrill Peppers pleaded guilty in court Thursday to possession of cocaine as part of a domestic violence incident on Oct. 5, 2024. Peppers, who faces multiple charges, should have the charge released as long as he completes a four-month probation period without recidivism, according to the New York Post. However,

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Assassin’s Creed Shadows’ main story will not have multiple endings depending on dialogue choices, but side content will have different outcomes

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Assassin’s Creed Shadows’ main story will not feature multiple endings, Ubisoft has confirmed Associate game director Simon Lemay-Comtois said side content will have different results The game’s Canon mode will also remove dialogue options to offer a fixed experience Assassin’s Creed Shadows‘ main story will not have multiple endings and will instead have a fixed

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IT vital for development, says Aurangzeb

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ISLAMABAD: Finance Minister Senator Muhammad Aurangzeb, while addressing a high-level panel discussion at the World Economic Forum (WEF) on Thursday, highlighted the vital role of information technology in Pakistan’s development and stability. Aurangzeb emphasized that Pakistan had made significant vertical progress in IT and was home to the third largest population of freelancers, which he

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Former Ohio State coach Urban Meyer targets ‘idiots on social media’ after Buckeyes win national title

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Ohio State Buckeyes head coach Ryan Day was under considerable pressure entering the first 12-team edition of the College Football Playoff. Despite finishing the regular season with a 10–2 record, Day was sidelined in late November for a fourth straight loss at the hands of the Michigan Wolverines, the Buckeyes’ top rival. The disappointing end

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Assassin’s Creed Shadows’ open-world exploration is ‘much more free-form’ to allow for a more ‘rewarding’ experience

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Assassin’s Creed Shadows will allow for more player freedom Associate game director Simon Lemay-Comtois says exploration is “much more free-form” The development team wanted to find “the right balance between discovery and wonder” Ubisoft Quebec has reworked the exploration in the Assassin’s Creed Shadows to allow for more player freedom in its open world. That’s

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