May 28 - 4:20pm EDT   Palm chief Ed Colligan today told APC in an interview about some of the first details of the next-generation Palm OS. Internally codenamed Nova, the Linux-based platform will focus on "Internet and Web-based applications" much more than the existing software and is also targeted at a different class of user. Future phones using Nova will be released under a new, unnamed "prosumer" brand that should slot in between the entry-level Centro and business-oriented smartphones such as the Treo line. [full story]

December 19 - 2:40pm EST   Palm's profits have turned to sharp losses in the company's second fiscal quarter as it struggles to revitalize its smartphone business, the company announced today. Roughly falling in line with the company's already lowered expectations, the company's three-month period ending November 30th saw the company lose $9.6 million on sales of $349.6 million. Palm earned $12.8 million on a considerable higher sales number of $392.9 million in the same quarter a year ago, according to the report. [full story]

December 13 - 3:50pm EST   A key former executive from Apple is already instituting major changes at Palm that may revitalize the Centro maker's fortunes in the long run, the Wall Street Journal. Executive chairman Jon Rubenstein, who was responsible for much early iPod design as well as the iBook, is said to have completely overhauled Palm's development groups to focus on individual devices and has reshuffled the talent pool at the company. Engineers he believes are important to the company have been promoted while executives have been forced out -- including at least one senior VP of engineering, according to the paper. Hirings are also believed to be faster, in part to increase the incentives ... [full story]