Microsoft Goes Live With Long-Awaited Office 365 Cloud Apps

Microsoft took a major step in its cloud computing efforts today, going live with the company's much anticipated Office 365 cloud application service in 40 markets around the world.

CEO Steve Ballmer, in a press conference in New York Tuesday morning, emphasized the expected demand for Office 365 among small and mid-size customers and said Microsoft's channel partners will play a critical role in bringing the service to SMBs.