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Social media companies to face $50M fine for violating under 16 ban
Social Media 2024-11-20 11:01 pm By Cat Fredenburgh

Social media companies will face hefty fines of up to $50 million for violating a ban on kids under 16 accessing their platforms.

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WiseTech Global faces class action by shareholders
Technology 2024-11-12 11:14 pm By Christine Caulfield

WiseTech has been hit with a class action over disclosures linked to the performance of its acquired businesses, but the recent allegations plaguing the logistics software company could come under the microscope too.

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Ex-boss of AI marketing company Metigy charged with misleading investors
White Collar 2024-11-08 11:43 pm By Cat Fredenburgh

The former CEO of failed AI marketing start-up Metigy has been charged with providing false statements to investors and misusing his position as a director following an investigation by the corporate regulator.

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Government to ban social media for kids under 16
Social Media 2024-11-07 11:38 pm By Cat Fredenburgh

The Albanese government has taken aim at social media companies, proposing a world-first ban on access to their platforms for children under 16.

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Filecoin, founder can’t shake developer’s case over cryptocurrency pay
Cryptocurrency 2024-11-07 5:11 pm By Sam Matthews

Crypto company Filecoin Foundation can’t dodge a suit by a developer who says she was fired after complaining that a portion of her wages was paid in Filecoin tokens.

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In fight to protect UBank brand, NAB wins challenge to UWallet trade mark
Financial Services 2024-11-06 1:53 pm By Cindy Cameronne

NAB has successfully opposed a US company’s bid to register a trade mark for ‘UWallet’, with IP Australia rejecting claims the bank was trying to establish a “de facto monopoly”.

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MinRes boss Chris Ellison to step down after disclosure, integrity failures
Energy & Natural Resources 2024-11-04 11:07 pm By Andy Sidler

Founder and managing director of mining company Mineral Resources Chris Ellison will step down after an internal investigation found he engaged in misconduct.

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Oracle can’t shut down court battle with ATO over software royalty taxes
Tax 2024-11-01 11:58 pm By Andy Sidler

A judge has refused to stay a fight between the tax office and software company Oracle over royalties, finding  determination of the dispute will guide 15 other cases.

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Freehills the firm of choice for MinRes, WiseTech as bosses face scrutiny
Article 2024-10-29 11:50 pm By Christine Caulfield

As Mineral Resources and WiseTech face shareholder glare over accusations levelled at their billionaire bosses, it is Herbert Smith Freehills that their embattled boards have turned to.

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Isuzu can’t stay Directed Electronics case despite $170M trade secrets win
Intellectual Property 2024-10-18 11:01 pm By Sam Matthews

Vehicle maker Isuzu can’t shut down an $18 million suit by car alarm company Directed Electronics over a former employee’s alleged theft of trade secrets.

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