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Palm CEO Confident Of Palm's Survival

Palm CEO, Jon Rubinstein, has claimed that Palm will not need to be taken over in order to continue its business, as he is confident that the company can survive as an independent company. According to him, Palm still has $592 million in cash, which will help it buy time to recover. That being said, he did admit that Palm is still open to a good strategic relationship or the option of licensing webOS out to other companies. So does this mean that there is still a possibility that we’ll see a webOS-powered HTC phone sometime in the future? Anything is possible, right?

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Palm Offering Large Bonuses And Stock Options In Effort To Retain Key Executives
Palm Is Apparently Up For Sale

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