Hewlett-Packard has agreed to acquire Palm for $1.4 billion in cash, uniting two companies that have failed to make much recent headway in the smartphone business.

H.P. announced its all-cash purchase of Palm just after the financial markets closed on Tuesday, saying it would pay $5.70 a share.

NY Times

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An Augmented reality application was spotted yesterday in FUN CLUB booth in Zain City exhibition. A computer program reads a printed marker and generates an embedded 3D model (or any type of media) over that marker in compliance to its dimensions! Zain presented that technology as a “future-feature” of some services to introduced to the market in the not-so-far future.

Below is a video of the Zain City “Augmented Reality” application; I loved the part where they used the 3D model of Zain’s booth in the exhibition!! Enjoy…

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“I’m always looking for ways to save time. Suppose I want to attach some files to an email, and I already have a folder open containing those files. I used to have to click “Attach a file,” find the photos, click them, etc. Starting today, if I’m using Google Chrome or Mozilla Firefox 3.6, I can just drag and drop the files to attach them — easy as pie.
We’ll enable this for other browsers as soon as they support this feature. For now, you can drag and drop attachments in Chrome and Firefox only. ” Gmail blog

There is an info circulating around regarding agility’s case that it has reached an agreement with the US gov. over a settlement which will be around $600 million that will be paid on 3yrs plus getting back on all the US gov. contracts again.

nothing is confirmed and I couldn’t find any related news neither on reuters nor bloomberg so it might be just a rumor or the deal is not sealed yet.

* UPDATE: another msg claims that the news  we got yesterday is true and it is expected to be announced on sunday morning.

* UPDATE: