The latest news? In a surprising turn of events uncovered by on Tuesday in the form of a leaked memo, it looks like HP's is being spun off as an independent but wholly owned company called Gram, with the tagline "Potent. Light. Nimble. At the core of all things big and small."

Gram, it seems, will not focus on producing consumer hardware. Rather, "software, user experience, the cloud, engineering, and partnering" will serve as its core focus, which will apparently involve not just webOS but also Enyo and the webOS group's cloud services team.

Ultimately, the goal is to create "a technology that will unleash the freedom of the Web," Gram reportedly says.

'We Are in Stealth Mode'

More details, however, are so far hard to come by.