Microsoft has entered the blog-hosting space.
Their big innovation, by comparison to the original Blogger? They've added the capability to host your pictures and music as well. See - it's like a total web home for the average user. So easy to use it will really "bring blogging to the masses". And it's going to drive tons of traffic and subscriptions for their MSN network of sites.
It's utterly amazing. The largest market cap of any company in world history, and they're pursuing ideas that would have been, like, pretty cool and advanced... for 1999... in late 2004.
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