Congratulations Palm, you’ve launched the stupidest product of the year

The Palm is a smartphone to reduce your smartphone usage, or a small smartphone for when you don’t want to carry your big smartphone. Palm itself doesn’t seem sure which it is, but either way, it’s a product that’s so witless, we’re amazed it was even made.

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Uber targets $120bn valuation for 2019 flotation – report

Valuation would make ride-hailing app worth more than three times as much as Ford

Uber could target a valuation of $120bn (£91bn) in a stock market flotation planned for next year, according to reports in the US, after Wall Street banks advised the ride-hailing app that it was worth more than three times that of the carmarker Ford.

The ride-hailing app, which has never made a profit, has said it wants to list shares on the New York stock market next year in what is likely to be the most eagerly awaited listing of 2019.

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