Microsoft's new Windows Live IM service

Microsoft releases new Windows Live IM service

Microsoft Corp. launched on Monday its newly branded instant messaging system, Windows Live Messenger, the first major release in a wave of online services Microsoft plans to offer to grab a larger share of Web advertising revenue. Windows Live Messenger builds on top of Microsoft's MSN Messenger -- used by 240 million people worldwide -- and offers free PC-to-PC calls, inexpensive calls to ordinary phones from the PC and video conferencing using Web cameras.

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Amar