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Spat between ihug founder and ex-wife hits High Court
By Victoria Young Aug. 19 (BusinessDesk) - Former ihug co-founder Tim Wood is being sued by his former wife Sasha, in a High Court case involving three Queen's Counsel. Tim is best known for founding internet company ihug with brother Nick, which became New Zealand's third...
Comcom loses bid to derail Harmoney appeal
By Victoria Young Aug. 19 (BusinessDesk) - The Commerce Commission has lost a bid to thwart peer-to-peer lender Harmoney’s appeal against regulatory proceedings. The judgment, handed down earlier this month, is the latest in the regulator’s pursuit of the firm. In a de...
NZ gaming industry outlines plan for home-grown 'Angry Birds'
By Pattrick Smellie Aug. 19 (BusinessDesk) - The government will look "very seriously" at recommendations from the New Zealand digital gaming industry for the establishment of a new NZ Games Investment Fund and associated NZ Interactive Commission, says Economic Development Mi...
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