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3 Ex-Software Execs Charged With Fraud (CBS News) - Three former top executives at Comverse Technology, a leading maker of voicemail software, alledgedly contrived to pocket millions of dollars by manipulating stock options. Authorities charged Kobi Alexander, William Sorin and David Kreinberg.

Houston auto software maker to buy competitor (Houston Chronicle) - The combination of a Houston company with one in Ohio could produce one of the largest makers of software for auto dealers in the niche market. Houston-based Universal Computer Systems announced Tuesday that it agreed to pay $2.8 billion for Reynolds & Reynolds, a company more than twice its size. Combined, the two companies have more than 6,000 employees.

Business software takes away the pain (The Arizona Republic) - When Michael Romley and David Roberts founded their gourmet cookware business, Chef's Planet, in 2002, their computer system consisted of two laptops, a high-speed Internet connection and cheap software.

Software Glitch May Have Erased E-Mail Text in Enron Suits (Law.com) - The company handling electronic document production in the Enron civil suits says a software bug may have erased text in e-mails produced for discovery in the case over an 18-month span.

Software Mines Internet To Identify Music Piracy (TechWeb) - Identity Systems will soon roll out software that lets media companies search through unstructured text on the Internet to identify piracy.

Software trio face backdating charges (St. Petersburg Times) - Three former top executives for leading voice mail software maker Comverse Technology Inc. - including one who may have fled the country with nearly $60-million - hatched a scheme to secretly manipulate stock options for profit, authorities charged Wednesday.

Mariner Updates Montage Screenwriting Software (The Mac Observer) - Mariner Software on Wednesday released version 1.0.1 of its screenwriting software Montage. The free update fixes bugs and offers various improvements, such as the ability to select a template on import and a preference for disabling automatic scene splitting. The full software is a Universal Binary that requires Mac OS X

VCU team finishes high at world software competition (Richmond Times-Dispatch) - They did not win, but being considered some of the top computer-science students on Earth isn't a bad start. Four Virginia Commonwealth University graduate students placed among the top 12 teams in a software competition Microsoft Corp. held this week in India.

BMC Software shares climb on improvement to profit (Market Watch) - LOS ANGELES (MarketWatch) -- BMC Software Inc.'s stock climbed as much as 7.6% to mark a new high on Wednesday as investors rewarded the company for a swing to quarterly profit on a sharp improvement in operating margin and 3.8% revenue increase, prompting it to brighten its forecast for the year as a whole.

Face morphing software offers digital retouch (Guardian Unlimited) - Science: Israeli computer scientists develop software that subtly massages digital portraits to make a more pleasing image.