Palm to Debut Nova Operating System Next Month

SUNNYVALE, Calif. — Having seen its market share dwindle during iPhone’s reign and with BlackBerry not too far behind, Palm Inc. is gearing up to make a comeback with its new operating system, code name Nova.

Palm will unveil the software, which it hopes will compete with systems such as Google’s Android, on Jan. 8 at the Consumer Electronics Show in Las Vegas.

The efforts to bring the Nova to market are being orchestrated by executive Jon Rubinstein, who led the development of the iMac and the iPod for Apple. The funding is coming from Elevation Partners, a private equity group ran by former Apple finance head Fred Anderson and financier Roger McNamee and which owns 70 percent of Palm shares.

Although Palm has struggled as of late, it does have relationships in the electronics business and introduced breakthrough products such as the original Palm PDA and Treo smartphone, which paved the way for the BlackBerry and the iPhone.

"The next 10 years is all about the transition from notebook to mobile computing,” Rubinstein said.

In the short term, meanwhile, Palm’s financial performance is off, with sales nearly 50 percent short of analysts’ projections for the current quarter. The company has laid off 10 percent of its workforce and some analysts are skeptical that the Nova is going to do much to turn things around.

Related:  

Copyright © 2024 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Niki Media Acquires BritSexCash

Production studio Niki Media BV has acquired affiliate program BritSexCash.

FSC Warns of Nude Photography Site Falsely Claiming Affiliation With Organization

Free Speech Coalition (FSC) published a statement Friday warning of a nude art photography website fraudulently claiming to be associated with the industry trade organization.

MojoHost Reaffirms Commitment to Adult Industry Amid Project 2025 Implications

In the wake of Tuesday's election and amid concerns about the possible ramifications for the adult industry, MojoHost President Brad Mitchell has releases a statement addressing Project 2025 and the future of the industy.

Adult Web Hosting Service 'Midnight-Host' Launches

Midnight-Host, a new web hosting service designed specifically for adult websites, has launched.

ASN Lifestyle Magazine Joins Pineapple Support as Media Sponsor

ASN Lifestyle Magazine has joined the ranks of over 60 adult businesses and organizations committing funds and resources to Pineapple Support, partnering with the organization as a media sponsor.

Adult Industry Reacts to Trump Victory

On Tuesday, former President Donald Trump was reelected, defeating Vice President Kamala Harris to reclaim the office he lost four years ago.

Fetisfy Online Fetish Marketplace Launches

Fetisfy.com, an online marketplace for users to sell fetish items, has launched.

Pineapple Support Launches 'Spill the Tea, Colombia' Community Support Event Series

Pineapple Support has launched "Spill the Tea, Colombia," a monthly, in-person community support event for adult industry professionals.

Streamster Launches 'Tip2Peep' Camera-Switching Feature

Live-streaming software provider Streamster has launched Tip2Peep, a new feature that allows viewers to switch between multiple webcam viewing angles by tipping the creator.

Tyler Wu Guests on Chaturbate's 'Sex Tales' Podcast

Tyler Wu is the latest guest on Chaturbate’s “Sex Tales” podcast, hosted by Melissa Stratton and Vanniall on the company’s “Camming Life” YouTube channel.

Show More