"Hoping to tap into the growth of wireless networks across college campuses, other public spaces and within homes, Sony Corp. will announce Tuesday a new pocket-sized gadget for instant messaging and other Internet-based communications.

"The Sony mylo, slated for availability in September at a retail price of about $350 (euro270), is a first-of-its-kind product that uses Wi-Fi networks, analysts say. It is not a cellular phone and thus does not carry monthly service fees. And though it could handle Web-based e-mail services, it does not support corporate e-mail programs." [Complete article at MIT Technology Review]