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Jul 5, 2025
Microsoft Bids Adieu to Pakistan After 25 Years
In an unexpected turn of events, Microsoft has announced the shutdown of its operations in Pakistan, marking the end of a significant 25-year chapter. This decision comes as part of the tech giant's global restructuring plan. The move has sparked reactions from industry experts and the public, raising questions about the future of Microsoft's presence in the region.
Dec 28, 2024
Shock as Vancouver's Bench Accounting Closes Doors, Leaving 11,000 Small Businesses Adrift
Bench Accounting, a prominent Vancouver-based bookkeeping service, has abruptly closed, affecting about 11,000 small businesses. Without citing specific reasons beyond calling it a 'difficult decision,' this move has left clients scrambling for alternatives and sparked discussions about venture capital's role in company strategies. Founded in 2012 and having raised over $100 million, the firm's sudden shutdown raises questions about the stability of Canadian fintech companies amid economic downturns.
Dec 28, 2024
Bench Accounting's Sudden Shutdown Leaves 600+ Employees in the Lurch
Vancouver-based Bench Accounting announced an abrupt closure, potentially impacting over 600 employees and leaving 35,000 U.S. customers scrambling for financial data access. Ex-CEO Ian Crosby blames venture capitalists for the shutdown, after the company received US$113 million in funding. Former clients are advised to file tax extensions and retrieve data by March 7, 2025.