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Update: Microsoft Introduces New Internet Products
Updated from 4:01 p.m. EDT
Microsoft(MSFT Quote) announced a bevy of new Internet initiatives Thursday aimed at transforming the company's wildly popular software and operating systems into Web-based services for personal computers and wireless devices.
The new products and services, known collectively as Microsoft.NET, is the formal name for the "next-generation Windows services" that have often been mentioned by Bill Gates, the company's chairman, and other executives.
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