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Palm Pre's "New-ness" event video now viewable
Sure, you might've enjoyed the highs and lows (mostly highs) of Palm's Pre presser through the magic of written language in our liveblog of the event, but there's something about watching it unveiled in person by utterly enthused execs that can only be conveyed by video. Palm's got its own video of the event now live on its site, so grab your favorite Saturday hangover cure, pull up a recliner and start soaking up Palm's own special brand of RDF.Update: We've got the video embedded after the break.[Thanks to everyone who sent this in]
Palm nabs another $100m from Elevation Partners, takes it to the bridge
According to reports today, Palm has managed to snag another $100 million from Elevation Partners (the private equity team co-owned by Bono). The new figure gets tacked onto Palm's existing $325 million buy-in from the firm. The previous sum was put towards the struggling handset / software-maker's "strategic recapitalization," and we can only assume this latest infusion is being used for the home stretch into that New OS and those New devices we're expecting see come CES. It's not completely surprising you'd want to juice your previous large investment, but if Palm's numbers keep shifting downward, it seems unlikely this will be anything other than a Hail Mary. Even if Bono loses $100m in his couch cushions, it doesn't mean Elevation Partners is in for the long haul.
