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Red Hat's New Business Software (PC World via Yahoo! News) - Red Hat unveils software that combines messaging, real-time and grid capabilities for enterprises that need an OS that can process messages and transactions at lightning speed.

SAP unveils Google-inspired software, iPhone program (Reuters via Yahoo! News) - SAP unveiled on Tuesday the first in a new generation of business software products that focus on ease of use, borrowing tools that have drawn hundreds of millions of users to Google .

Red Hat aims MRG software at IBM, Tibco (InfoWorld via Yahoo! News) - Red Hat unveiled on Tuesday software that combines messaging, real-time, and grid capabilities for enterprises that need an OS that can process messages and transactions at lightning speed, such as those in the financial services industry.

SAP shows sales software with Web 2.0 interface (Reuters via Yahoo! News) - SAP demonstrated its first software with a user-friendly Web 2.0 interface on Tuesday, saying it would be available later this month and that it planned to launch more such applications in future.

SAP unveils its first software for iPhone (Reuters via Yahoo! News) - SAP said on Tuesday that new software for sales-force automation that it is hailing as one of the most user-friendly products to date would be compatible with Apple Inc's iPhone.

Fujitsu and Taiwan NGO to set up WiMAX software JV (Reuters via Yahoo! News) - Japan's Fujitsu Ltd (6702.T) and Taiwan's state-backed Institute for Information Industry said on Tuesday they would set up a venture to provide WiMAX software to enable high-speed wireless networks.

Analyst sounds note of caution on software (Market Watch) - SAN FRANCISCO (MarketWatch) - Software stocks may suffer in 2008 thanks to lingering uncertainty in the U.S. economy, JMP Securities analyst Patrick Walravens warned Tuesday.

SAP unveils its first software for iPhone (ZDNet) - Company hails new iPhone-compatible software as one of the most user-friendly products to date. SAP said on Tuesday that new software for sales-force automation that it is hailing as one of the most user-friendly products to date would be compatible with Apple's iPhone. SAP, a maker of business...

BMC Software CEO Exercises Options (AP via Yahoo! Finance) - The president and chief executive of BMC Software Inc., which makes software to manage information technology systems, exercised options for and sold 115,000 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing Monday.

Software created for complex space mission (UPI) - U.S. engineers have created highly sophisticated mathematical algorithm software that determines the most efficient path for a spacecraft's journey.