With its smart-phone market share dwindling, Palm Inc. is looking to its latest product, the Foleo, to reinvigorate the mobile computing market. In launching the mini laptop yesterday, Palm co-founder Jeff Hawkins touted what the company says is a whole new market segment - a "mobile companion" that combines the best features of a smart phone and a laptop into a package that is more sleek and convenient to carry around. Read More

Canada's housing market has continued to escape the downturn unfolding in the U.S., with the average resale price of a home climbing above the $300,000 mark for the first time in April. Average prices, sales values and listings all set fresh records last month, and regional disparity continued to be the story with most of the frenzy taking place in provinces west of Ontario, according to the Canadian Real Estate Association. Read More