New York Times: “This latest version of Office, which includes applications like Word, Excel, Outlook and PowerPoint, is Microsoft’s long-awaited effort to modernize one of its most lucrative products and to thwart rivals like Google that are nipping at its heels with free Web software. For the first time, Microsoft will provide a free online version of Office that lets people store their documents on the Web rather than on their personal computers…Microsoft has said that Office 2010 will range in price from a limited, free Web version supported by ads to a full-blown version that costs $500, both to be available to consumers in June.”