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BEA quarter profit up but software sales lower (Reuters via Yahoo! News) - Business software maker BEA Systems Inc , which has rejected a takeover bid from Oracle Corp , reported a higher quarterly profit on Thursday as margins improved, though its software sales fell.

Local firm files suit over tax software (phillyburbs.com) - The Doylestown law firm of Cooley & Handy has filed a class action lawsuit against the major players in the tax software industry - Intuit Inc., H&R Block and Free File Alliance - seeking billions of dollars in damages.

Chordiant Software Swings to 4Q Profit (AP via Yahoo! Finance) - Business software maker Chordiant Software Inc. said Thursday that it swung to a profit in its fiscal fourth quarter as license and service revenues rose.

Progress Software CFO Exercises Options (AP via Yahoo! Finance) - The chief financial officer and senior vice president of finance of business software developer Progress Software Corp. exercised options for and sold 40,000 shares of common stock, according to a Securities and Exchange Commission filing Wednesday.

SIIA Releases Tips To Spot Pirated Software (InformationWeek) - Holiday shoppers can be duped by official looking Web sites or illegal postings on legitimate online auction, where most of the software is illegal, the group says.

Law and Orders at Guidance Software (The Motley Fool) - The legal software company should benefit from the explosion of data in Corporate America.

Apple Issues Gargantuan Software Update (TechNewsWorld.com) - Apple released an update to top all updates Wednesday. Included in the massive bundle -- aimed primarily at users of Apple's Tiger operating system -- is the just-out-of-beta Safari 3 as well as about 44 fixes for a spate of security flaws. The software maker's latest batch of updates and security fixes in its combo update weigh in at a whopping 321.5 MB.

Chordiant Software Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2007 (Finanzen.net) - Chordiant Software, Inc. (Nasdaq: CHRD), the leading provider of Customer Experience (Cx(TM)) software and services, today announced its financial results for the fourth quarter and fiscal year ended September 30, 2007, and filed ...

BEA quarterly profit up, software sales lower (ZDNet) - Company, under pressure from Carl Icahn to put itself up for sale, says it will have a shareholders meeting in February. Business software maker BEA Systems, which has rejected a takeover bid from Oracle, reported a higher quarterly profit on Thursday as margins improved, though its software sales...

Give Software Patents a Break (BusinessWeek) - Vonage settlement of three software patents suits has critics up in arms again. But calls to restrict software patents as anticompetitive remain pointless and futile