For now, at least.
HP told CNET that it will provide a TouchPad update soon to “enhance the platform, add functionality, and a growing applications catalogue.”
The last bit doesn’t make much grammatical sense, but we assume it means they’ll continue updating the HP App catalogue, the “App Store” for WebOS devices.
HP also told CNET that after the TouchPad fire sale, it saw three to five times the usual amount of app purchases by customers. One WebOS developer, who created the brilliant Spaz Twitter app for WebOS, told us that he’ll continue working on the platform, despite its abandonment by HP.