Palm’s board member and major investor Roger McNamee garnered a ton of attention last week after predicting the day that the Palm (NSDQ: PALM) Pre will overtake the iPhone—a month after June 29, which is the two-year anniversary of the iPhone. Yesterday, Palm corrected and toned down those statements in…

Palm (NSDQ: PALM) has announced it will raise money by exercising its right to remarket approximately 18.5 million common shares—the 49 percent of Elevation Partners’ last investment that Palm reserved the right to force them to sell. Palm will effectively raise some money through the market without issuing new shares,…

Confidence is good, but it can be taken too far… Roger McNamee from Elevation Partners (which has paid $425 million for a 39 percent stake in Palm) seems to think that the upcoming Palm (NSDQ: PALM) Pre is not only an iPhone killer, it will squash it like a bug.…

Palm (NSDQ: PALM) reported preliminary results today for its third quarter of fiscal year 2009, which ended Feb. 27, saying that revenues are down because of falling demand for its “maturing legacy smartphone product,” but that its much-anticipated launch of the Palm Pre “remains on track for the first half…

Ever since Apple’s acting CEO Tim Cook made some comments about Apple (NSDQ: AAPL) protecting its intellectual property from companies trying to rip them off, it has gotten an instant response from Palm (NSDQ: PALM) that it was also ready to throw down in a patent wrestling match. Meanwhile, the…

HTC’s European executive director Paul Ghent is defecting to to Palm (NSDQ: PALM) as sales VP for EMEA. Ghent had helped lead HTC’s efforts to badge phones with its own logo, rather than just let carriers rename the devices, MobileToday says. The move comes with G1 having launched in Europe,…

Elevation Partners received a bit of flak for investing in Palm (NSDQ: PALM)—to the tune of 20 percent of its fund, $425 million)—although that’s largely died down since the launch of the Pre. Roger McNamee has given an interview with *Yahoo* Tech Ticker about the investment and how it came…

Without doubt the biggest story to come out of CES was from Palm (NSDQ: PALM), with its new OS and its new handset Pre. Everyone was paying attention: Even those who doubted Palm would release anything good knew that if it didn’t, the company would effectively be finished. There is…

Palm (NSDQ: PALM) unveiled its highly anticipated new mobile operating system today at CES, which is expected to either make or break the company over the next few months. Already, reactions are strong, and the stock jumped $1.15 cents, or 35 percent on Thursday, to close at $4.45 a share.…

As was generally expected, Palm (NSDQ: PALM) has used its keynote at CES to announce a new mobile operating system, widely viewed as its last chance to compete effectively against other smartphone vendors or disappear into history…Palm seems to recognize and agree with that. I’m sure news will continue to…

Palm is expected to unveil its first device, running its new operating system, this Thursday at the big Consumer Electronic Show in Las Vegas, and of course, there’s some minor details leaking out early. They are pretty vague, and who knows if they are spot on, but TechCrunch is quoting…

Things were looking pretty bad for Palm (NSDQ: PALM), which started running out of cash, right before it was about to release a new operating system which they believe will help them compete in today’s world of advanced smartphones. But today they got a break by announcing that Elevation Partners…

Earlier this month, Palm (NSDQ: PALM) warned investors that revenues were going to fall below expectations, and today it reported Q2 revenues on the lower end of those updated figures. The company said for the period ending Nov. 28, it recorded revenues of $191.6 million. On Dec. 1, Palm warned…

Palm’s big announcement may be set for Jan. 8, but the device maker isn’t waiting until then to lift the covers off other developments it has been working on. While its new operating system is what people are waiting to see, the company is launching an on-device application store, like…

Palm (NSDQ: PALM) has appointed Douglas C. Jeffries, the former chief accounting officer at eBay (NSDQ: EBAY), as CFO, replacing Andy Brown, who is transitioning out of the role by January. Brown said, in a release, that he is leaving to pursue other interests, and that “Palm’s finance organization is…

On Jan. 8, Palm (NSDQ: PALM) is expected to use the Consumer Electronics Show in Las Vegas as the venue to unveil its new operating system, code-named Nova, which is expected to fulfill the “fat middle of the market,” BusinessWeek reports. The fat middle means the new operating system is…

Palm (NSDQ: PALM) sent out invitations to reporters yesterday, asking them to come to a press conference at CES in January, which is fueling speculation that the struggling smartphone-maker may be close to announcing its new operating system. The invitation read: “Come to CES to see all the Palm New-ness…

Palm (NSDQ: PALM) reported preliminary financial results for its second quarter ended Nov. 28 today, saying its revenues fell compared to the previous quarter and that it is trimming staff and consolidating offices in order to save up to $20 million a quarter. The company, which is well-known for its…

Palm (NSDQ: PALM), the maker of Centro and Treo smartphones, said it is trimming its workforce as it faces stiff competition from Apple (NSDQ: AAPL), Blackberry’s Research In Motion and now even Google (NSDQ: GOOG). Reuters reported that Spokeswoman Lynn Fox said the layoffs began last week, but declined to…