MslivelogoMicrosoft is planning a new release this spring of its Live search product, code-named Rome.

That tidbit was mentioned Friday as part of the software giant’s employee Webcast to discuss the Yahoo bid. Microsoft filed a transcript of the employee meeting on Monday with the Securities and Exchange Commission. This is just the first of many product tidbits one can expect as part of the regulatory filings being made in conjunction with the offer.

Unfortunately, Microsoft didn’t share much on what can be expected with Rome. Microsoft updated its search product last September, although the company has continued to remain a distant third to Google and Yahoo in the search market.

Microsoft said it is also planning its next update for Windows Live. The company began the second generation of the Internet services suite last July.

“We are now in vision phase for Windows Live wave 3, working to get that out later this year,” division President Kevin Johnson told employees during the Webcast.

Source- : C|Net News