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Rumor: Engadget are reporting that the long-awaited Treo 700wx for Verizon is finally set to launch on February 20th. The pricing leaked is high in typically Verizon fashion; $620 retail, $450 w/ one-year contract and $400 with a two-year contract. A $100 mail-in rebate still appears to be in the works, as previously reported.

The 700wx's main claim to fame is a doubling of the meagre 32mb of RAM found on the 700w, launched as a Verizon exclusive in January 2006. No word as of yet if Palm or the CDMA carriers are planning for Windows Mobile 6 upgrades for the 700w/wx along the lines of the forthcoming GSM Treo 750 upgrade mentioned earlier this week at 3GSM.

PIC reader and Palm OS developer Donald Kirker has released a patch for the Treo security vulnerability recently disclosed by Symantec. Previously, one could bypass the Treo's security lockout while on a call and use the Find application to search the databases for public records, potentially exposing sensitive information. The new patch disables the Find application while the device is locked, protecting your data from prying eyes.

Please note this is an unofficial patch, created by an independent developer and is not supported by Palm in any way. Use at your own risk!

Palm today announced the Palm Treo 750 smartphone in Australia, the first Treo smartphone to take advantage of Telstra's Next G network. The Treo 750 offers the world-class Palm experience on Microsoft's Windows Mobile 5.0 and includes High-Speed Downlink Packet Access (HSDPA) capability.

Palm Inc takeover/buyout/merger rumors are being tossed around again on Wall Street this week, which has sent Palm's stock price to a four month high. Shares closed today at $16.45 up $1.06, or about 7 percent according to Reuters. These rumors seem to come up at least once or twice every year, this time Motorola is being pitched as the possible suitor.

"The strength today in Palm shares is being attributed to rumors ... that Motorola could make a bid for them," said William Lefkowitz, options strategist at vFinance Investments, brokerage firm in New York.

Also of note in Palm financial news, a major hedge fund company, Galleon Management, has recently acquired 6.345M shares of Palm stock, which is about a 6.2% stake in the company.

Symantec Vulnerability Research has posted a new security advisory on a new Treo data vulnerability. The researchers have found a method to bypass the Treo system password and locking mechanism using the find feature.

The advisory states:

Palm OS Treo smartphones are equipped with a system password lock to secure contents of handheld data from unauthorized access. When this lock is engaged, Treo's built-in Find feature is still accessible and can be used to perform searches on text in Treo applications and databases (e.g. SMS Messages, Memos, Calendar, Tasks, etc). Search results are accessible, and depending on their size, may be truncated. An attacker may use this vulnerability to retrieve information from a locked device.

Palm and Claro today announced the availability of the Treo 680 smartphone in Guatemala. The Treo 680 GSM/GPRS/EDGE quad-band world phone, running on the Palm OS, boasts Palm's hallmark ease of use. With the introduction of the Treo 680 smartphone, Palm is targeting new users in the rapidly growing smartphone and feature-phone markets.

Arcade Reality is a interesting new game for Palm OS Treo's from Toyspring. It features a pretty original motion and camera based gameplay scheme, where game objects are overlaid on the current Treo camera view. You have to move around and aim your Treo at various monsters and ships that appear around you. As you move around, your motion is calculated based on what is seen by the camera and the game view gets updated accordingly.

The game has 3 different playing modes: Arcade Reality, Infinite Shooter and Asteroids mode. It also has rich sound effects and background music. It is available now with a free demo version and costs $14.95 for the full version. It is only compatible with the Treo 650, 680 and 700p.

José Julio Ruiz from PDA Expertos has just posted a series of photographs from ACCESS' booth at the 3GSM World Congress in Barcelona. José has posted a gallery of shots of from a ALP demo system on display at the ACCESS booth and also a pic of a developer phone running ALP. Also shown are a number of screens of the home screen, Applications launcher and Garnet VM controls. Read on for a few pics and a video, you can check out the full gallery in English or Spanish. Update: A video of ALP has been added.

Palm has updated its online store and is no longer selling the unlocked Treo 680 colored versions. Instead only the Graphite Treo 680 model is available to be purchased unlocked and without a contract. The store also notes that the colored version will shortly be sold with Cingular service from Palm.com, while the colored versions will no longer be available unlocked.

A footnote posted by Palm on the 680 product page states:

Effective February 15, Palm will begin selling Cingular-branded Treo 680 models in crimson, arctic and copper colors. Previously, those colored models were available only in unlocked versions from Palm. The unlocked Treo 680 graphite version will continue to be sold in the United States.

Canalys's latest worldwide smart mobile device report says that global shipments of all smart mobile devices rose 30% year-on-year in Q4-06 for a total of 64 million smartphones shipped in 2006. Their market estimates show that Nokia, RIM, Motorola and Palm each held onto a place among the top five worldwide smart mobile device vendors in Q4 2006, but some positions changed. Nokia retained its lead, while RIM moved up a place into second, nudging ahead of Motorola. Palm remained in fourth, while Sony Ericsson broke into fifth place for the first time since Q2 2004, thanks largely to shipments of FOMA devices in Japan. Its EMEA smart phone shipments were also considerably higher than in previous quarters thanks to the arrival of new models.