Palm has announced that Jon Rubinstein will become the new chairman and CEO of the company, replacing Ed Colligan after 16 years at the helm. The news come just a few days after the launch of the Pre, and was apparently well received by investors, who clearly hope that the former Apple executive and head of the iPod division will usher in a new era for Palm. The company’s stock was up 12 percent, to $13.43 at the time of this writing.

Read the whole story

Those people at Palm have needed managment in the worst way, so this is good news... now if they will soon do something about their tech support, and their repair and parts centers... Palm has been living on the edge for so long, I thought palm was californian for fail.