Feeds

Dixons signs arms length treaty with Freeserve

Decision-Independence Day

  • alert
  • submit to reddit

Protecting users from Firesheep and other Sidejacking attacks with SSL

Dixons has signed a deal with Freeserve to ensure its super soaraway subsidiary is able "to operate and make decisions independently". All commercial arrangements between Freeserve and Dixons will be on a "normal commercial basis and on arm's length terms". We shall see. Maybe Kingfisher, Dixon's arch-rival in the electrical retailing market, could sow a little mischief here: why not bid for an e-commerce anchor slot on Freeserve? Dixons says it may set up a new group holding company, to give it "a capital structure more appropriate to its needs" following the Freeserve float. This will make it easier to sell Freeserve shares as well as ringfencing the free ISP from the rest of the group. Dixon says it won't sell any more Freeserve shares for 12 months after the IPO or -- if earlier -- the publication of Freeserve's preliminary statement of final results for the 52-week period ending 29 April 2000. And it won't sell more than 40 per cent of the issued share capital (roughly half of its Freeserve stake) in the following year. Dixons retains the right to appoint the chairman of Freeserve's board while it has more than 50 per cent of the company. ®

Website security in corporate America

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Israeli spies rebel over mass-snooping on innocent Palestinians
'Disciplinary treatment will be sharp and clear' vow spy-chiefs
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.