Payments provider Tyro is facing the threat of a class action over a days-long EFTPOS terminal outage that has left many businesses unable to accept payments.
A judge has rejected a bid by Uber to significantly trim a class action brought by Maurice Blackburn on behalf of successors and assignees or taxi drivers after the law firm unsuccessfully sought to add them to a separate class action against the ride share giant.
Last-mile logistics software company GetSwift has ceased trading on the ASX after its relocation to Canada got the greenlight by the Federal Court and FIRB despite the company facing ongoing litigation in Australia.
A judge has blasted AMP for dragging a fight over documents to court this close to Christmas, after software company DST Bluedoor revealed it is seeking $35.5 million in loss and damages against the financial services firm for allegedly inducing 11 employees to jump ship after licensing its online advisor platform.
The Australian Competition and Consumer Commission has rejected a behavioural undertaking from Google intended to assuage the regulator’s competition concerns about its planned $3 billion acquisition of fitness device company Fitbit, saying it would be challenging to monitor and enforce.
The Federal government will introduce legislation on Wednesday that will require Google and Facebook to pay news publishers to exploit their content and give them a heads up of major changes to search algorithms.
ASIC has launched civil proceedings against iSignthis and its CEO, alleging the company breached its continuous disclosure obligations by failing to inform shareholders that client Visa had ended their relationship due to concerns over the fintech’s money laundering compliance.
A judge has found that a plan by last mile logistics software company GetSwift to relocate to Canada in the midst of ongoing civil litigation would not “disproportionately prejudice” ASIC, which is seeking penalties against the company.
Google is seeking to assuage ACCC concerns that its planned $3 billion acquisition of fitness device company Fitbit would further entrench its market power by giving it access to a treasure trove of user data, promising the regulator that it will not use data collected through wearables for advertising purposes for at least 10 years.
A judge has indicated she will approve GetSwift’s plans to relocate to Canada, despite concerns raised by ASIC, but will wait until the company has received approval from the Foreign Investment Review Board.