“A year ago, investors were losing faith in Palm Inc. The once high-flying company itself admitted to frailty and mistakes. But Palm never gave up, and launches Monday a new operating system — a crucial weapon in its battle to remain dominant in the competitive handheld market. Palm OS 5, analysts say, is a much-needed major upgrade from the pioneer of personal digital assistants’ earlier operating systems.” Read the report at Yahoo!. Update: Palm pins hopes on beefed-up OS.