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Microsoft to ‘webify’ Office (sort of) | All about Microsoft ...

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Microsoft is saying it will deliver Office Web applications “through Office Live.” There will be both ad-funded and paid-subscription versions of these Web apps. For business users, Office Web applications will be sold as a hosted subscription service and through volume-licensing agreements. For consumers, Office Web Applications will be ad-funded and free.

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There will be a private tech preview of Office Web applications starting later this year. Those interested in participating will be able to sign up for the preview  from the Office Live Workspace site.

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