Carphone Warehouse Founder Resigns After Using Shares to Secure Personal Loans December 9, 2008
Posted by aikservices in Carphone Warehouse, Europe, Mobile, Telecom, United Kingdom, Wireless.Tags: Carphone Warehouse, CPW, Europe, Mobile, Telecom, UK, Wireless
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David Ross, one of the two co-founders of the UK based mobile phone retailing giant, Carphone Warehouse (CPW) has resigned with immediate effect, after it was revealed that he had used his shares in the firm as collateral against personal loans. The company issued a statement this morning, noting that between 2006 and 2008 and as part of a package of security comprising other assets of substantial value, Ross had pledged 136.4 million ordinary shares (worth around US$191 million) in the Company against personal loans. He currently owns 177 million shares – representing about 20% of the company.
London stock market rules require that a company director notifies the exchange if they use their shareholdings as collateral against any other loans or liabilities. David Ross has also notified the Company that none of these loans is currently in default and that he has no current intention to sell any of his shares in the Company.
Google releases unlocked G1 for developers December 9, 2008
Posted by aikservices in Android, Australia, Austria, Canada, CDMA, Finland, France, G1, Germany, Google, GSM, Hungary, India, Japan, Mobile, Netherlands, Poland, Singapore, Smartphone, Spain, Sweden, Switzerland, T-Mobile, Taiwan, Telecom, United Kingdom, USA, Wireless.Tags: Android, Australia, Austria, Canada, Finland, France, G1, Germany, Google, Hungary, India, Japan, Mobile, Netherlands, Poland, Singapore, Spain, Sweden, Switzerland, T-Mobile, Taiwan, Telecom, United Kingdom, USA, Wireless
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To make the phone more accessible to developers, Google’s Android development team released the first SIM-unlocked and hardware-unlocked version of the T-Mobile G1, which runs on the Android platform.
The move, which the development team quietly let slip on Friday, is a clear signal to application developers that they now have a G1 to test their applications on free from the constraints of signing up for a service contract with T-Mobile USA. The phone, called the Android Dev Phone 1, is available for $399 in the United States, the United Kingdom, Germany, Japan, India, Canada, France, Taiwan, Spain, Australia, Singapore, Switzerland, Netherlands, Austria, Sweden, Finland, Poland and Hungary.
Developers who are registered in the Android Market can sign into their account and purchase the phone. Google is limiting one phone to each developer account. Google warned that non-developers should probably not make use of the phone, noting that, “Since the devices can be configured with system software not provided by or supported by Google or any other company, end users operate these devices at their own risk.”
Source: http://www.fiercewireless.com
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