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(Image from article: "H-P to Buy Palm for Nearly $1 Billion")

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HP kills TouchPad, may spin off PC business

In a dramatic reshuffling, Hewlett-Packard Co. said it will end its tablet computer and smartphone products and may sell or spin off its PC division, bowing out of the consumer businesses.

H-P to Buy Palm for Nearly $1 Billion

Hewlett-Packard has agreed to buy struggling smart-phone maker Palm for nearly $1 billion in cash. HP said Palm's webOS operating system will help it compete in the smart-phone market.

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