The owner of British luxury phone maker Vertu was unable to save the company from bankruptcy. The firm’s £128 million debt could not be covered by £1.9 million offered by its current owner Murat Hakan Uzan. Uzan bought the company in March, after it had been sold and re-sold by a number of investment companies with a hope to get the production up and running. As we may see, he did not succeed in this. Expectedly nearly 200 jobs at the manufacturing facility of Vertu in Hampshire will be lost as a result of the company’s liquidation. Сoncierge service, which gave Vertu phone owners 24-hour support was also suspended. According to the information on the website of the company, now it is focused “on developing completely new next generation suite of services, exclusively for our customers”. The new services are planned to be launched from September 2017.
According to Dubai’s traffic police the existing penaltiy for driving while using mobile phones is not harsh enough. The current penalty is going to be increased in five times. Moreover the vehicle will be confiscated for a month. As traffic violation will be considered not only talking by mobile phones, texting or taking selfies but also using mobiles while even stopping at traffic lights.
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