Struggling Canadian manufacturer RIM has added an ex-Sony Corp. manager and a LightSquared Inc. official to its team of executives.

Sony Mobile Communications’ former executive vice president Kristian Tear has been appointed as the operations officer, while LightSquared Inc.’s former executive vice president Frank Boulben has been named as the new chief marketing officer at Waterloo, Ontario-based BlackBerry manufacturer.

The new executives have global experience, but analysts are doubtful of their potential for RIM as both of them come from companies that have struggled themselves.

The Financial Services Authority (FSA) has confirmed that its investment policy head Peter Smith would leave the City regulator in June this year.

Mr. Smith, which has played a key role in investment regulation, has plans to step down from his position within the next three to four weeks.

Various reports suggest that Mr. Smith is leaving the FSA to join a Dubai regulator. Reports also suggest that he will join the Dubai regulator as the Director of Policy.

He has been working with the FSA for more than a decade after joining in 1999.

Ralph Topping, the chief of bookmaker William Hill, narrowly survived a shareholder rebellion over executive pay during AGM yesterday.

Mr. Topping, which joined William Hill in 1973, has been awarded a £1.2 million in form of shares as retention bonus. He will get the retention bonus only if he remains with the company until the end of 2013.

Mr. Topping, who ascended to the top job in 2008, pocketed a basic salary of £600,000 in 2011 and a total pay package of £1.71 million.

With Facebook’s billionaire founder Mark Zuckerberg kicking off the heavily-attended IPO road show - in Manhattan on Monday - attired in his trademark hoodie, Wedbush Securities analyst Michael Pachter has shown his displeasure at Zuckerberg’s dressing-up style, particularly for an important event which came just a week ahead of Facebook’s nearly $100-billion valuation IPO.

Global credit-card firm MasterCard on Monday a digital wallet service called PayPass that spans over the Web, mobile and in-store shopping.

PayPass aims to simplify shopping by allowing consumers to pay for their purchases with just a single click or tap in stores, on the Web as well as on their mobile phones.

The new service has three components, viz. PayPass Acceptance Network, PayPass Wallet and PayPass API.

Speculations about the iPhone 5 erupted once again, after Apple filed a claim with the World Intellectual Property Organization (WIPO) for a domain name- iphone5. com.

Though one can never make precise predictions about Apple's potenbtial launches, yet the filing with the WIPO at least hints that the Cupertino firm is considering the iPhone 5 name for its next-generation smartphone.

With the Nevada Department of Motor Vehicles (DMV) giving its approval to the US' first autonomous vehicle license to Google on Monday, the roads in the state will apparently have Google's self-driven cars running on them.

A recently-conducted survey by the Government Business Council has found that the popularity of Research In Motion (RIM)’s BlackBerry handsets have been witnessing a notable decline not only among the average consumers, but also among the enterprise users and federal managers.

According to the survey, the present BlackBerry situation is a complete contrast to the times when the RIM handset was a key player in the highly profitable enterprise and government arena.

Thanks to bionic eye implant as Chris James who was blind is now looking forward to seeing his wife for the first time ever.

The 54-year-old man is one of the lucky men who got a microchip that was 3mm in size and it was fitted into his eyes in a pioneering project.

Light reaches the back of the eye with the help of a sensor that contains 1,500 electrodes which detect light and it then gets converted into electronic signals which are transmitted to the brain.

A new report from Apple-focused site iLounge, citing an unidentified ‘inside’ source, has revealed that Apple’s sixth-generation iPhone - which is largely referred to in reports as the ‘iPhone 5’ – will seemingly feature a taller 4-inch screen, metal back, new ‘pill-shaped’ dock connector, and new aspect ratio.