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ACCC weighs changing the law to rein in tech giants
ACCC 2022-02-28 3:47 pm By Sam Matthews

The Australian Competition and Consumer Commission is considering whether new laws are needed to rein in Google, Apple and Facebook, including rules to curb self-preferencing conduct and strengthen the merger review framework.

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ASIC drops investigation into Nuix’s IPO disclosures
ASIC 2022-02-10 10:43 pm By Sam Matthews

The Australian Securities and Investments Commission has dropped its investigation into Nuix’s financial statements in the lead-up to its 2020 public float, but will continue to probe the troubled tech company’s statements in the period since the initial public offering.

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AMP hopeful of settlement in $35.5M poaching dispute
Andrew Sykes 2022-02-10 9:25 pm By Sam Matthews

AMP has expressed optimism that it will be able to reach a settlement with DST Bluedoor in a $35.5 million lawsuit accusing it of poaching 11 DST employees after licensing the software company’s online platform.

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Herbert Smith Freehills snags technology law expert from PwC
Business of Law 2022-02-08 9:48 pm By Christine Caulfield

Herbert Smith Freehills has appointed technology law specialist Cameron Whittfield as part of its plan to be a dominant global player in the technology, cyber security and digital space.

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Full Court says Facebook can be sued in Australia over Cambridge Analytica scandal
Appeals 2022-02-07 11:30 pm By Sam Matthews

The Full Federal Court has held Facebook can be sued in Australia for allegedly disclosing the personal data of over 300,000 users to political research firm Cambridge Analytica.

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ASIC grills brother of former Nuix CFO as part of insider trading probe
Andrew O'Brien 2022-02-07 10:01 pm By Christine Caulfield

The corporate regulator has confirmed it has questioned the brother of former Nuix CFO Stephen Doyle and might seek further examination as part of its ongoing investigation of the troubled tech company.

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Andrew ‘Twiggy’ Forrest launches private criminal case against Facebook over crypto scam ads 
Energy & Natural Resources 2022-02-03 3:12 pm By Sam Matthews

Australian mining magnate Andrew ‘Twiggy’ Forrest has filed private criminal proceedings against Facebook over cryptocurrency investment scams that used his name and image.

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In class action defence, Tyro says businesses should have accepted cash during EFTPOS outage
Bannister Law 2022-02-01 9:58 pm By Sam Matthews

Fintech Tyro has hit back at a class action brought on behalf of retailers who were unable to process payments because of a days-long terminal outage, arguing they should have accepted cash while their EFTPOS machines were down.

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Google claims ‘devastating’ impact on internet if defamation ruling upheld
Appeals 2022-01-24 2:11 pm By Cindy Cameronne

Google has argued there would be a “devastating” effect on the internet if the High Court upholds a judgment awarded to gangland lawyer George Defteros that found the tech giant liable for linking to an allegedly defamatory article.

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ACCC appeals ruling from judge who ‘gagged’ at proposed $5M Employsure penalty
ACCC 2022-01-14 11:58 am By Cat Fredenburgh

The ACCC will seek a higher penalty against Employsure over misleading Google advertisements, after a judge found the consumer regulator’s proposed $5 million penalty was inappropriate and instead ordered the specialist workplace relations consultancy to pay $1 million.

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