- LG will assume stewardship of the open source projects of Open webOS and Enyo.
- HP will retain ownership of all of Palm's cloud computing assets, including source code, talent, infrastructure and contracts.
- HP will continue to support Palm users.
Lloyds Banking Group is preparing to outsource a significant portion of its IT staff in a deal with IBM as part of a cost-cutting program at the British lender.
Big market gains were the result of great companies, CEOs and the people behind them -- not just the Fed, says Jim Cramer.