Because of the terms of its investments, Elevation made $25 million, or a 5.4 percent gain, on Palm, while common shareholders lost 65 percent in that period, based on the purchase price.

Also, perhaps comically, Bloomberg just won't let the Palm is for sale meme die. The authors let a little wall st. rumor slip in which purports that Nokia may just still want to put in a bid.

Mr. Bradley made a point to highlight that webOS lends itself to additional mobile form factors and he stressed the benefits of owning the entire mobile experience. He said that HP sees opportunities in other mobile form factors and market segments for the platform. In specific, larger slate style devices were mentioned a number of times as well as "potential netbooks." He remarked that HP had gone through the due diligence to confirm that webOS would be able to support such future products. When pressed in the Q&A he declined to give any sort of timeframe or potential product roadmap.

The combination of HP's global scale and financial strength with Palm's unparalleled webOS platform will enhance HP's ability to participate more aggressively in the fast-growing, highly profitable smartphone and connected mobile device markets. Palm's unique webOS will allow HP to take advantage of features such as true multitasking and always up-to-date information sharing across applications.

The webOS 1.4.1.1 update is primarily a bug-fix release, with the annoying double keystroke bug finally squashed and various other improvements related to Bluetooth pairing, "connection management" and and "Better Touchstone charger integration". A full list of the bugfixes and improvements can already be found on Verizon's support site. (.PDF link)

Developers looking for more information into getting started on developing for webOS should checkout the new Palm developer podcast series. Now on their second installment, the video podcast is hosted by Palm's developer relations duo, Ben Galbraith and Dion Almaer. The second video (also embedded after the break) gives a entry level crash course in getting started with webOS programming.

Also in the mix is a ongoing series of recorded lectures from Stanford on developing mobile apps for webOS. The college level course is currently underway at the university and is being taught by a rotating selection of Palm staff. Palm is making the recorded classes available on its video library and youtube.

PalmInfocenter has long had an accessory store, which compliments our Palm OS software store. The store carries a wide range of accessories including cases, bluetooth headsets, extended batteries, chargers, cables and cradles, memory cards and much more.

With the addition of the mobile accessory shop, customers can now get everything they need to make the most of their device in one convent spot. Shipping is available worldwide and starts at just $5.95 for most items delivered in the US. Payment can be made via major credit cards or paypal. Simply visit the PalmInfocenter mobile site and browse to the store, or key in m.palminfocenter.com on your phone.

The company has released a statement on its corporate blog detailing the situation. The company says they are continuing to work with Palm Inc., but "given the current environment at Palm", the company can not commit to a release nor build out the app it needs. DataViz still leaves the door open to a release at some point, but given the lengthy wait to date and the tone of the post it does not look hopeful at present.

This marks the second major price drop on the Sprint Palm Pixi since its debut last November. The current offer is only found on Sprint's website at this time, however other channels and perhaps retail stores (& happy meals) may be soon to follow.

The article highlights Ruby's media message that he has a plan to return the company to profitability. Citing a team working "fast and furious on new handsets" he mentions that they "do have a strong pipeline of products in the future." He also has to answer questions on the acquisition talk to which he says it will always be something they have to consider, and he also mentions shortly after that they may even be open to licensing webOS should a "appropriate strategic relationship or business deal" make sense.

This development follows earlier reports from last week that Dell and Huawei also reached similar conclusions. However, the rumor report still leave the door open for Lenovo (or another Chinese mainland company), which kicked off the much of the recent Palm is for sale stories earlier this month. Palm nor Lenovo both declined to comment for the Reuters piece.

Facebook v1.2 is a free download from Palm's app catalog. The app is built and maintained by Palm's own developer relations team. The version also includes some other updates such as support for Facebook videos, keyboard shortcuts and more. In addition, Palm says they have "polished" up the user experience.