Microsoft launced Windows Live Events, a new service underneath Windows Live Spaces that lets you schedule events, invite your contacts and handle who’s coming.

When you click to create an event, you have to choose the type of event, which in turn give you a Live Spaces-like page template, completely ready with everything you’d normally want for an even of that type.

In other words, you get a fully detailed page, customized to your type of event, with a single click.
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Microsoft has launched a new service/feature for Windows Live Search, a Windows Live Translator Beta that lets you translate to and from English.

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Microsoft has launched a new beta home page for Windows Live, available now at home.live.com.

Presumably designed to eventually become the default page you get when visiting at live.com, the page tries to both be clean and simple while showing off what Windows Live has to offer, and it succeeds.

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Jordan McCollum, Harrison Hoffman and Mary Jo Foley are talking about Microsoft’s earnings report, especially the new numbers for the Online Services Business (OSB).

The OSB grew significantly in size, but had a larger operating loss than a year earlier. For fiscal 2007 (July 2006-June 2007), revenues were $2,474 million, up $175 million from fiscal 2006. The operating loss, however, rose from $74 million in fiscal 2006 to a much higher $732 million in fiscal 2007, thanks to $3,206 million in expenses. (more…)