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Microsoft opts to build, not buy, business software (Reuters via Yahoo! News) - Microsoft Corp. looked at possible acquisitions to gain a foothold in the market for so-called business intelligence software, but decided to build its own business and compete on price against industry leaders, the company's business division president said on Wednesday.

Microsoft Plays Software Card Online (Forbes) - Behind on search, Bill Gates and Co. are emphasizing their strength in software. Will it be enough to beat Google?

Red Hat and IBM team up on mainframe software (Reuters via Yahoo! News) - Software maker Red Hat Inc. and computing giant International Business Machines Corp. said on Wednesday they have teamed up to develop, sell and service Linux software for mainframe computers.

Business Software Needs YouTube Jolt, Says SAP Chairman (TechWeb via Yahoo! News) - "Nothing is better than showing a two-minute video of how something works," said SAP chairman Hasso Plattner, at Software 2007.

Integrating software and services with Office apps (CNET) - Video: Integrating software and services with Office apps. At Software 2007 in Santa Clara, Calif., Microsoft CEO Steve Ballmer looks at an OBA prototype from Dassault Systemes. The lifecycle management software is built on Office 2007 and features a composite application that uses SharePoint Server 2007 and Communications Server 2007.

Java to get 'superpackage' for software distribution (InfoWorld via Yahoo! News) - Sun Microsystems, which continues to plan for upgrades to the core Java platform, announced Tuesday at the JavaOne conference in San Francisco that Java Standard Edition (SE) 7 will feature a "superpackage" capability for improved distribution of small pieces of software.

MSC Software Swings to 1Q Loss (AP via Yahoo! Finance) - Engineering software maker MSC Software Corp. said Wednesday it swung to a first-quarter net loss, as lower revenue, higher costs and a restructuring charge hurt results.

Borland Software Posts Wider 1Q Loss (AP via Yahoo! Finance) - Borland Software Corp. on Wednesday reported a slightly wider first-quarter loss, despite a modest rise in sales. The company reported a loss of $9.2 million, or 12 cents per share, compared with a year-ago loss of $8.9 million, or 12 cents per share.

CEO discusses "developing software as a service" (CNET) - Video: CEO discusses "developing software as a service". At Software 2007 in Santa Clara, Calif., Salesforce.com CEO Marc Benioff and vice president of developer marketing, Adam Gross, show off the company's AppExchange platform. The technology enables users to build, run and sell enterprise applications on-demand.

Microsoft opts to build, not buy, business software (Boston Globe) - Microsoft Corp. looked at possible acquisitions to gain a foothold in the market for so-called business intelligence software, but decided to build its own business and compete on price against industry leaders, the company's business division president said on Wednesday.