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HP to buy Palm in $1.2 billion dealHewlett-Packard announced a $1.2 billion deal to buy Palm, betting it can resuscitate the struggling smartphone maker to compete with the likes of Apple and RIM. Analysts say 2010's third-largest US tech acquisition gran More… |
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Lenovo likely to buy struggling PalmLenovo, the world's No.4 PC brand, has emerged as the leading candidate to buy struggling smartphone maker Palm, after the US firm was rebuffed by other potential Asian buyers, sources said. Shares of Hong Kong-listed Lenovo rose as mu More… |
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Palm unveils Pixi smartphonePalm on Wednesday announced a lower-priced smartphone in the same family as its popular Palm Pre smartphone, although the move may be overshadowed by rival product launches by Motorola and Apple. Palm said it will start sales of the Pixi, More… |
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New COO for Atlantis, The PalmKerzner International, a leading international developer and operator of destination resorts, casinos and luxury hotels, has appointed Serge Zaalof as the chief operating officer of the company. In his new role, Zaalof will be respo More… |
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Palm property prices fall 40pc say brokersProperty prices on Dubai's Palm Jumeirah island have fallen as much as 40 percent since September as buyers struggle to get mortgage loans amid the global credit crisis, real estate brokers say. A four-bedroom villa on the man-made island More… |
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Nakheel launches $1.2bn loanGovernment-owned Nakheel Properties, developer of Dubai's palm-shaped islands, said it was launching a 4.4 billion dirham ($1.2 billion) syndicated loan. The facility, which matures in January 2011, includes a conventional and an Islamic t More… |
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Fire in Atlantis Hotel on PalmA fire has broken out in the five-star Atlantis Hotel on the Palm Jumeirah. A Dubai Civil Defence official said firefighters have been battling flames in the lobby of the hotel. The cause is not yet known. The Atlantis is set to op More… |
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Palm transport system work on trackNakheel, a leading real estate developer, has announced that live testing of the Palm Monorail, which will transport visitors on Palm Jumeirah, will commence this October. The Palm Monorail is the first monorail project to be constructed i More… |
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Two luxury spas in Palm JumeirahTwo major spa projects are being planned for Dubai’s iconic Palm Jumeirah. Dubai-based Seven Tides is developing the 2,800 and 2,900 sqm projects in collaboration with spa expert Schletterer Wellness & Spa Design. Oceana Resort More… |
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NEB to design Azizi's Palm projectsDubai-based multi-national property developer, Azizi Investments has appointed National Engineering Bureau (NEB) as designers for two of the company’s proposed projects on Crest A and Crest E of the Palm Jebel Ali. The announcement follow More… |
