HP decides on Palm and webOS future this week

I’m not quite sure what the game plan HP had in mind when they purchased Palm some time ago, but it seems as though that is one plan that had fallen apart at the seams. The HP TouchPad did receive some buzz when it was introduced, but then again the tablet’s sales were stopped barely a month into its release. Signs point towards HP deciding on the future of Palm and its operating system, webOS, later this week after rumors of the company completing the initial bidding process for its webOS unit. An all-hands meeting is touted to be held tomorrow in order to reveal the future plans on whether HP will be selling or spinning off the group. That would basically mean $1.2 billion or so down the drain after acquiring Palm, so it remains...

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Amazon considering the acquisition of Palm from HP

It has been reported that Amazon could possibly be looking to acquire Palm from HP. According to a report from VentureBeat, the internet shopping giant is said to be in earnest talks with HP to buy what still remains of the franchise and its beleaguered mobile platform, WebOS. The report cites a source which is well placed, stating that as HP is looking to do away completely with Palm, and Amazon has come up as the likeliest name in the list of prospective buyers which are likely to make the deal. The report also noted a connection between both the companies as the CEO of Palm, Jon Rubinstein, who is currently working with HP on the WebOS platform was a member of the board of directors of Amazon last year. Rubinstein had pointed towards...

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