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Software company Dubber has failed in a bid to stay its case against BDO Audit pending the outcome of ASIC's action against the auditor, with a judge ordering discovery to proceed before the litigation is put on ice.
Construction PRO
NextDC has increased its senior debt facilities by $500 million to help finance the data centre operator's growth pipeline.
Shareholders in collapsed audio device maker Nuheara are seeking preliminary discovery from Taiwanese semiconductor giant Realtek, in an escalation of a battle between the investors in the defunct company.
Wisetech's former head of tax is suing the company, claiming she was unfairly sacked after making complaints about bullying, under-resourcing and excessive work hours.
Construction PRO
Amazon has signed another power purchase agreement with European Energy for its Winton North solar and battery project in Victoria, adding to the $2.8 billion the tech company has invested in Australian renewable projects since 2020.
The consumer regulator has brought proceedings against Amazon, alleging it relied on unfair contract terms in its Prime Video subscription contracts to introduce advertising to its streaming service.
In a new report, ASIC warns Australia risks losing ground to overseas competitors unless it provides more clarity on technologies like tokenised assets and AI, which the regulator said could shake up longstanding assumptions about intent and misconduct.
A parliamentary committee has called on the ACCC to investigate Apple's digital payments market power, finding that the sector is "anti-competitive, opaque and complex".
Social media companies may soon face penalties of up to $99 million for failing to comply with new rules barring children under 16 from accessing their platforms.
A settlement has been reached in a dispute over more than $100 million in shares in AI data centre start-up Firmus Grid ahead of an expected $7 billion IPO, just days before the company's founders were due to give evidence in court.