Microsoft to launch mobile phone software store

Microsoft is planning to offer new programs and services for mobile phones, including an "online bazaar" for software, the Wall Street Journal reported on Sunday.

The online bazaar would be for phones running Microsoft's Windows Mobile operating system, the Journal said, citing people familiar with the matter.

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

On Friday, the company started a limited release of its "My Phone" service, which syncs information like contacts and calendar appointments on a cell phone to a password protected website.

A representative for Microsoft was not immediately available to comment.