After acquiring Palm for $1.2 billion in April 2010, HP has decided to call it quits and will no longer sell hardware powered by the webOS software that was the key behind its purchase of Palm. In a terse statement, the Palo Alto based firm said, "that it will discontinue operations for webOS devices, specifically the TouchPad and webOS phones. HP will continue to explore options to optimize the value of webOS software going forward."

When HP bought webOS, the idea was to have the software in printers, tablets, phones and computers all connecting with each other through the use of the operating system. Instead, HP was slow in bringing products to market and when something new was produced, ... »read more

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