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In Brief | TECHNOLOGY

Palm cancels release of Foleo

September 06, 2007|From Times Wire Services

Palm Inc. has canceled plans to release a laptop-like gadget that was supposed to serve as a smart-phone companion, months after it was announced and ridiculed by analysts.

The Foleo looked like a small notebook PC with a 10-inch screen, full-sized keyboard and Bluetooth and Wi-Fi capabilities.

Chief Executive Ed Colligan said the Sunnyvale, Calif.-based company would take a charge of less than $10 million.

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