“A company filing with the Securities and Exchange Commission late Friday [notifies] investors that Michael Abbott, senior vice president of software and a key representative before developers, is leaving the company,” Krazit reports. “In a separate but definitely related statement, Palm said it has given senior executives incentives to remain with the company for two years, including $250,000 in cash for its chief financial officer and senior vice president of global operations.”
Krazit reports, “It’s looking more and more like Palm is getting ready for big changes following a devastating earnings report last month. Earlier this week, reports surfaced that the company is shopping itself to potential buyers that include Lenovo, HTC, and Huawei, among others.”
Full article here.
MacDailyNews Take: What we wrote nearly 15 months ago, just after beleaguered Palm unveiled their Palm Pre and webOS: Palm’s Pre dog and pony show is nothing more than takeover bait. They simply do not have the resources necessary to create another mobile platform, especially one that is superfluous. If Palm’s Pre is not a ruse, then those responsible are kidding themselves. – MacDailyNews Take, January 21, 2009