Google Docs now support MS Office 2007 file formats
Google has announced that they have now added support for some new formats.
They have added support for .docx and .xlsx file formats which were introduced with MS Office 2007.
This means that Google Docs users can now import files made in MS Word 2007 and MS Excel 2007. [...]

Microsoft details their plan on supporting Open Document Format
Microsoft has now released some details on how they aim to support the Open Document Format in their MS Office suite.
The company aims to bring support for ODF file formats through the Office 2007 Service Pack 2, which is still in beta.
Microsoft aims to deliver [...]

Office Open XML could become an ISO standard
Market sources say that Microsoft could soon find some major relief as their Office Open XML is likely to garner enough votes to become an ISO Standard.
The official results are likely to come later today.
The voting was closed Saturday night and market sources say that the format [...]