News In Brief 25 May 2005

PalmOne, Palm and Shareholders Battle Over Name Change

After two spin-offs, a few years and a revolving door for executives, PalmOne Inc. announced yesterday that it is paying over $30-Million to change its name back to Palm Inc.

The company that made its name with the PalmPilot may have a roadblock as shareholders have yet to approve the move.

Until the matter is resolved, both sides have agreed to the stipulation that for media and marketing, "The Company Formerly Known As Palm" will be used, along with an abstruse, unintelligible logo.


FBI Puts Out APB For New Computer System

FBI Director Robert Mueller told a Senate Appropriations subcommittee yesterday that the FBI had designed a new electronic information management system called Sentinel, however, it will not be operational until late 2006.

The new computer system was designed to replace the failed $170 million system aimed at helping agents share information

Mueller expects more budget to be spent as agents fan out over FBI property, screening and interrogating computers, which are required to show their system information and code, upon demand. Though foul play is not suspected, the FBI does have leads and there are a number of programs, language and hardware that are considered "items of interest".

Mueller indicated that until this problem is resolved, the FBI will continue to not share information with other government agencies.