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Japan: Two Plan Software Venture (New York Times) - The NEC Corporation and Matsushita Electric Industrial Company said that they were planning a joint venture in the mobile phone business, and the two companies were expected to announce details today. NEC, which makes cellphones, and Matsushita, the consumer electronics maker, will develop software for cellphones, according to reports.

Torvalds lambasts Free Software Foundation (CNET) - Blog: Linux leader Linus Torvalds had some sharp words about the Free Software Foundation its founder, Richard Stallman, and his philosophical...

Web services to aid, not kill, software: Microsoft (Reuters via Yahoo! News) - Web services, delivered alongside classic software, will complement rather than replace the existing software industry, Microsoft Corp.'s chief technologist said on Thursday.

Lawson Software shares reverse course after results, outlook (Market Watch) - LOS ANGELES (MarketWatch) -- Lawson Software Inc.'s stock made a dramatic reversal on Friday, surging by as much as 22% with investors looking past a delay in reporting final results for fiscal 2006 as it works through "highly complex" accounting related to a recent acquisition.

Kana Software reports Q1 loss of $1.1M (bizjournals.com via Yahoo! Finance) - Kana Software Inc. said Friday it closed its first quarter with a loss of $1.1 million, or 3 cents a share.

Tech Data's Muir Resigns As Software VP (ChannelWeb) - Tamra Muir is leaving Tech Data as vice president of software product marketing for the Clearwater, Fla.-based distributor. Muir, who headed up marketing services before leading the software group, has been with Tech Data for 12 years and is resigning to take another position with a vendor.

Microsoft: Web Services No Threat to Traditional Software (Fox News) - Ray Ozzie tells analysts that Windows Live will complement existing out-of-the-box software, not make it obsolete.

Ford, U-G-S to develop software to get models to market faster (KGBT 4 Rio Grande Valley) - DEARBORN, Mich. Ford Motor and a Texas software company will work to develop digital car-design software to get models from concept to market faster.

Callidus Software's False Start (The Motley Fool) - For the past few years, the stock price of Callidus Software (Nasdaq: CALD) has treaded water, ranging from $3 to $4 per share. Although the maker of high-end compensation management software has seen some strength in its stock lately, that strength is likely to be short-lived.

Microsoft Enters IP-SAN Market with New Storage Software (eWeek) - The company's iSCSI Software Target Application Pack will allow SMB users to install, configure and run a storage area network from a single console.