Webwire: RIM loses another exec; South Korea probes device subsidies

RIM’s digital marketing VP Brian Wallace has jumped ship for rival Samsung, becoming the latest executive to quit the Canadian smartphone vendor following a profit warning on its current fiscal quarter.
 
South Korea's telecom regulator has launched a probe into whether operators are providing excessive handset subsidies. SK Telecom requested such an investigation last week.
 
China on Tuesday launched its newest communications satellite. The Zhongxing-10 will provide communication, broadcasting and other data transmission services to China and Asia.
 
A crippling hack attack on Australian domain name registrar and hosting provider Distribute.IT has left at least 4,800 websites unrecoverable.
 
Indian tower management company GTL Infrastructure is considering asking the nation's stock market regulator to probe recent trades in the company, after its share price fell sharply recently in a result the company blames on market speculators.
 
Taiwanese handset component makers could be in for a weak second half now that key clients Nokia and RIM have both downgraded their guidance for the rest of the year, industry sources say.

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