It all makes sense now:
HP reported that it plans to announce that it will discontinue operations for webOS devices, specifically the TouchPad and webOS phones. HP will continue to explore options to optimize the value of webOS software going forward.
Given the current legal climate, “optimize the value of webOS” most likely means selling off the patents HP took ownership of in following its acquisition of Palm.
It’s a sad, sad day for Palm and webOS fans.
(via The Next Web)