Technology

A shareholder class action against Nuix has argued that its IPO should never have gone ahead, taking the court to email exchanges about its history of disappointing results, which the tech company's former CFO called "worse than terrible".

The competition regulator has given its draft approval to Fortnite maker Epic Games and Google for their global settlement of allegations of misuse of market power by the digital giant.

Thomsons has recruited a leading technology partner from Gilbert + Tobin and a media specialist from Bird & Bird, shoring up the team's capabilities in response to growing client demand.

A judge has allowed a "painfully slow" competition class action against Sony over its PlayStation store practices to file an amended pleading, after expressing concerns the case was not properly resourced.  

The former CEO of Richard White’s anti-money laundering software company Kyckr has agreed to strike out her entire case and file a new pleading in her suit accusing the Wisetech chair of misleading and deceptive conduct.

Queensland-based NextDC is facing a lawsuit from an enterprise account manager who alleges the data centre giant shortchanged him on commissions for contracts at its Melbourne and Sydney data centres.

The Allan Government has unveiled plans that would make it easier to sue AI and social media companies over harms to children, while also announcing a crackdown on the use of AI and employee surveillance in the workplace.

Australian private equity firm Next Capital has inked a deal to acquire Fujitsu's Australian data centre business, which includes premium facilities in Sydney, Brisbane, Melbourne and Perth.

Richard White and his anti-money laundering software company Kyckr have hit back at an unfair dismissal case by the company's former chief technology officer, claiming she was terminated for “longstanding performance issues”.

NextDC has increased its senior debt facilities by $500 million to help finance the data centre operator's  growth pipeline.