A little-known San Francisco firm has created a personal computer that weighs 1 pound, clips onto a belt like a cell phone, and runs any Windows program, the San Francisco Chronicle reports. Born in a warehouse in Hunters Point, Oqo (pronounced O-Q-O) is the brainchild of a team of former Apple and IBM engineers who set out to create a new genre of ultra-small, fully functional, go-anywhere PCs. That was in 2000. Eight years and a few false starts later, Oqo has matured into a firm with 100-plus employees, more than $20 million in sales and one huge challenge: to defend its niche against computer giants like Hewlett-Packard, Acer, and the Taiwanese firm Asus that have either launched or are poised to launch their own ultra-portable PCs…

Click here for the full story