Microsoft may just have acknowledged that digital distribution of software, long (relatively) used for distribution and sales of games, may just be ready to hit the big time. In an understated announcement on a newsgroup, by an MVP, Microsoft has announced it is going to halt the sale of boxed copies of its Quicken competitor, Money Plus.

Cisco® today announced a new server host and fabric software, known as Datagram Acceleration Layer (DAL), designed specifically to accelerate multicast-based market data infrastructures for automated trading applications.

IBM (NYSE: IBM) and Red Hat (NYSE: RHT), the world's leading provider of open source solutions, today announced a new algorithmic trading platform to help financial services firms take advantage of accelerated streaming data, real-time analytics and complex multi-path calculations in real-time trading and risk environments.

Computer Sciences Corporation (NYSE: CSC), a leading global information technology (IT) services firm, announced today that Tong Yang Systems (TYS), a leading Korean IT services firm specializing in the financial services sector, has signed an alliance agreement to market and deliver CSC’s financial services software to the insurance sector in South Korea.

The Danish Agricultural Advisory Service and IBM today announced that they have signed a seven-year, 13 million euro agreement for IBM to manage operations and support for the Service's Ø90 solution.