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Palm Shares Decline on Skepticism over Deal for Elevation

Authored by dmw on August 6, 2007 - 11:52am.

New York - Shares of Palm Inc. fell as much as 4.8 percent on Monday, as the tightening credit market fueled investor concerns about its previously announced plan to take on new debt as part of a private equity financing agreement, Reuters reported.

tags: Mobile | Elevation | Stocks | Palm | DMW100 |

Handheld Device Maker Palm Sued Over Wireless Multiplayer Gaming Patent

Authored by Mark Hefflinger on March 31, 2003 - 3:47am.
Milpitas, Calif. -- Handheld device maker Palm has been sued for patent infringement, by a company that claims Palm is infringing by letting users of its PDAs connect wirelessly to one another over a network to play multiplayer games. The broadly worded patent, granted in 1997 to Peer-to-Peer Systems LLC, covers devices "communicating over an ad-hoc, wireless, all-to-all broadcast network." In addition to Palm, Peer-to-Peer Systems has sued Cybiko, a maker of handheld games that can connect wirelessly to one another. A representative from Palm told U.K. news site TheRegister that the company intends to "vigorously contest" the suit. http://www.theregister.co.uk/content/54/30006.html
tags: Games | Wireless | Handheld | Multiplayer | Palm |