The forthcoming Palm Pre and Web OS might just bring Palm some kind of a turnaround of fortunes, especially after the struggling company reported a 72 percent plunge in the smartphone revenue in the most recent quarter!

The Sunnyvale, California-based company reportedly generated $77.5 million in revenue, after a 42 plunge in the total sales of its smartphone devices to 482,000 units. The company's total revenue figures of $90.6 million also fell short of analysts' expectations of $105 million.

Samsung has come up with its widescreen portable multimedia player, P3 for its Indian customers.

P3
has also won the Design and Engineering Award at the International
Consumer Electronics Show 2009 (ICES 2009), Las Vegas, USA.

In
line with its idea "Palm Theater", the device comes equipped with the
EmoTure interface with haptic feedback, and plays MP3 and video files
on a 3-inch WQVGA TFT-LCD touch screen.

P3 also has a Music Hot
Touch Key, which is placed just below the touch screen, which lets

With a bleak opening, the BSE Sensex is likely to halt a two-day rise in today’s session.

Overnight losses in the US and mixed signals from the Asian markets hit the Indian equities at the opening time.

Realty stocks were hammered badly followed by banking and consumer goods.

BSE Midcap was also down by 0.24%, while Smallcap index lost 0.05%.

The 30-share index, BSE Sensex, today (Friday Mar 20) opened at 8,951.34, down 50.41 points.

The story of much-awaited flick ‘Ravana’, which was kept as a guarded secret, is out of the closet.

According to sources, the storyline of Abhi-Ash starrer, which is set for 2009 release, was only told to the leading characters including Abhishek Bachchan, Aishwarya Rai and a few other members involved in the project.

But now the story has been leaked.

According to reports, the story of the film goes like this: Abhi’s sister gets publicly disgraced by the role played by South star Vikram.

Actor-director Nandita Das' directorial debut ‘Firaaq’, which is scheduled for release in India on March 20, will not be screened in Gujarat's multiplexes.

Gujarat-based multiplex owners association said that their dispute with the distributor over profit sharing was the main reason for not showcasing the movie in the state.

Manubhai Patel, President, All Gujarat Multiplex Association, said, “It’s not clear yet. We have not finalised profit sharing with the distributor. We have to figure out the percentage.”

To aid telecommunication market in India, Ericsson, Swedish telecom equipment giant, has come up with its new energy-efficient and cheap radio base station site concept, called Ericsson Tower Tube in Hyderabad.

Speaking on this, Mr. P Balaji, vice-president (marketing and strategy), Ericsson India, said, “The company has set up a prototype of the Tower Tube at Ibrahimpatnam near Hyderabad and would decide about the location of the production facility depending on the customers it would get.”