RIM executive retiring on eve of restructuring
TORONTO (AP) -- Struggling BlackBerry-maker Research In Motion Ltd. said Monday that it is losing another senior executive, as its chief legal officer is retiring from the company after 12 years.
RIM said that Karima Bawa had been in discussions about her retirement for some time and plans to stay on to help with the transition once a replacement has been hired.
The once-iconic BlackBerry company is facing the most difficult period in its history. RIM is working on launching a software operating system just as North Americans are abandoning their BlackBerrys for Apple's iPhone and smartphones that run Google's Android software.
The latest departure also comes as RIM is reportedly about to announce a restructuring that could result in thousands of job cuts.
U.N. labor group picks head
GENEVA (AP) -- The U.N. International Labor Organization on Monday selected a former trade union leader, Guy Ryder of Britain, to become its new director general, a position that puts him at the forefront of an agency pushing to improve labor conditions around the world.
The governing body of the U.N. labor agency's choice of Ryder, a former general secretary of the International Trade Union Confederation, could be viewed as a boost for labor unions.
As the head of the ITUC, Ryder was at the helm of an organization that represents 176 million workers in 157 nations.
To win the five-year appointment as U.N. labor agency head, Ryder had to beat out eight other candidates -- Gilles de Robien, Angelino Garzon, Ad Melkert, Jomo Kwame Sundaram, Ibrahim Assane Mayaki, Assane Diop, Mona Sahlin and Charles Dan -- during several rounds of secret balloting.
Man moves out of AOL
PALO ALTO, Calif. (AP) -- A Silicon Valley entrepreneur who secretly lived at the office of AOL Inc. to save money now has his own place.
The San Jose Mercury News reports that 20-year-old Eric Simons recently received $50,000 in new funding and is renting a house in Palo Alto.
Simons ended up at AOL with a $20,000 grant from a business incubator that used AOL's Palo Alto office.
When he was no longer able to pay rent, he made the office his home. He kept clothes at the AOL gym, slept on couches and grabbed snacks that were set out for everyone in the morning.
He was caught after about two months in December by a manager in the building.
Polls boost Greek markets
ATHENS, Greece (AP) -- Greek stock markets rebounded strongly Monday from a 22-year low on hopes a pro-bailout party will win crucial national elections next month, which would avoid a catastrophic rift with international creditors and keep the struggling country within the euro currency union.
The main stock index in Athens soared to close up 6.9 percent, with the battered bank sector chalking up solid gains.
Four polls published Sunday reversed previous trends to indicate that conservative New Democracy could come first in the June 17 vote. Although the conservatives would still fall short of a governing majority, the surveys suggested they could form a coalition government with socialist PASOK.
Abuzz over Zuckerberg
BEIJING (AP) -- Social media sites and blogs lit up after eagle-eyed viewers spotted a surprise cameo in a Chinese TV documentary about the country's police force: Facebook co-founder Mark Zuckerberg and his now-wife, Priscilla Chan.
The documentary by CCTV was part of a series on Chinese police and high-tech crime-solving methods. A few seconds of footage shows Zuckerberg and Chan walking behind two police officers.
The clip shows Zuckerberg looking at the back of the police officers and smiling broadly as the couple walk off-screen. As they are shown, the narrator says: "There is a serious shortage in China's police manpower."
It was not immediately known whether CCTV producers knowingly inserted Zuckerberg into the documentary. Facebook is blocked in China, along with Twitter, YouTube and other foreign social media.