Palm unveils a smartphone for younger users - NYTimes.com

Taking the next step toward rebuilding its lineup of smartphones, Palm announced on Wednesday a new cellphone called the Pixi. The Pixi is smaller than the Pre and made for texters.

Palm also announced it was dropping the price of its Pre smartphone by $50 to $150, with a two-year service agreement and after a $150 instant rebate and $100 mail-in rebate...