[From Stephen Trew] That is a lot of money "$1.2bn. That's how much HP paid for Palm last year, and it's also how much the company was trying to sell its Palm assets for over the latter half of 2011, VentureBeat has learned. "As baffling as it may seem, HP was trying to rid itself of Palm without taking a loss on its purchase, a source with knowledge of the negotiations told us. When asked for confirmation about the pricing, an HP representative declined to comment." Facebook laughed them out of the room."
