On Sunday a well known paper put forward the latest piece of news that Microsoft Corp is mulling to provide new programs and services for mobile phones, including an "online bazaar" for software.

The report published in the paper said that the online bazaar would be for phones running Microsoft's Windows Mobile operating system.

It said, "Microsoft will also soon offer its latest version of Windows Mobile, which the report said would have a more sophisticated interface."

Friday even saw the company coming out with a limited release of its "My Phone" service via which the users can sync information like contacts and calendar appointments on a cell phone to a password protected website.

No comment however could be gathered from the company.