Sprint's New Palm Pre Smartphone

Sprint Announces Palm Pre Pricing, Availability
The phonepocalypse is almost upon us. On Tuesday, Sprint announced the long-awaited release date and pricing information for the forthcoming Palm Pre smartphone.
The Pre has been positioned as a prominent challenger to the iPhone, and that's reflected in its launch date of June 6, just two days before the beginning of Apple's Worldwide Developer Conference, which is expected to feature more in-depth information on the new iPhone OS 3.0 software.
The other big question circling the Pre has been pricing: would it be competitive with the iPhone? Sprint now says the Pre will sell for US$200, though, as with the iPhone, you're required to sign up for a new two-year service plan at the time of purchase. There's another catch as well: that price is after a $100 mail-in rebate, bringing the total at time of purchase to $300...

Around the Web 5.19.09: Daimler invests in Tesla, Palm Pre due June 6, exercise games overwhelm
- The Palm Pre gets a launch date: June 6. The company's best hope for competing in the smartphone market will cost $199.99 after rebates with a two-year contract. CNet
-- Er, yeah, June 6 is two days before the Steve Jobs-less Apple developers conference. Is Palm trying to own the news cycle? CrunchGear
-- The movie industry is booming. Video games based on movies? Not so much. Company Town
-- Boston loses more relevance in the high-tech ecosystem as Greylock Partners moves to Silicon Valley. Bits
-- Old meets new: Automaker Daimler took a nearly 10% stake in Tesla Motors, the Silicon Valley electric car company. Wired
-- Can an algorithm help stem an employee brain drain? Google is trying to find out. Silicon Alley Insider
-- Wolfram Alpha, a new kind of search engine supported by 10 terabytes of data from thousands of sources, finally launched. LAT....

Wal-Mart To Carry Palm Pre
Wal-Mart is making a strong push to revamp its electronics departments in order to lure customers from rivals such as Best Buy (NYSE: BBY) and Amazon (NSDQ: AMZN).com, according to a report in The Wall Street Journal.
The retailer also hopes to capture consumers from the recently closed Circuit City, which shuttered more than 700 stores in March. Deutsche Bank estimated Circuit City's closing left more than $11 billion in annual revenue that Wal-Mart is trying to capitalize on.
Part of Wal-Mart's strategy is to offer high-end smartphones, and executives said the company will offer the highly awaited Palm Pre. The handset, which was introduced at the Consumer Electronics Show in January, has a capacitive touch screen, slide-out keyboard, Wi-Fi, 3G, GPS, and Bluetooth. The release date and price are still unknown, but Palm said it would be launched in the first half of 2009....
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