Microsoft will launch a free, web-based version of its Office suite in its answer to competitors such as Google Docs. Office Web Applications will contain slightly stripped-down web browser versions of Word, PowerPoint, Excel and OneNote, Microsoft said. The software will be accessible through mobile phones, but a separate product, Office Mobile 2010, will be required for full functionality.
The browser version will be made available through Windows Live, while Office 2010 will also be available via software licenses as part of a hosted offering through Microsoft Online Services.
source: telecomasia.net
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