Summary
Outlook.com, formerly named Hotmail, is a free webmail service that is part of the Microsoft 365 product family. It offers mail, calendaring, contacts, and tasks services. Founded in 1996 by Sabeer Bhatia and Jack Smith as Hotmail, it was acquired by Microsoft in 1997 for an estimated 400millionandrelaunchedasMSNHotmail,laterrebrandedtoWindowsLiveHotmailaspartoftheWindowsLivesuiteofproducts.MicrosoftphasedoutHotmailinOctober2011,relaunchingtheserviceasOutlook.comin2012.HotmailservicewasfoundedbySabeerBhatiaandJackSmith,andwasoneofthefirstwebmailservicesontheInternetalongwithFour11sRocketMail(laterYahoo!Mail).ItwascommerciallylaunchedonJuly4,1996,symbolizing"freedom"fromISPbasedemailandtheabilitytoaccessausersinboxfromanywhereintheworld.Thename"Hotmail"waschosenoutofmanypossibilitiesendingin"mail"asitincludedthelettersHTML,themarkuplanguageusedtocreatewebpages(toemphasizethis,theoriginaltypecasingwas"HoTMaiL").Thelimitforfreestoragewas2MB.HotmailwasinitiallybackedbyventurecapitalfirmDraperFisherJurvetson.ByDecember1997,itreportedmorethan8.5millionsubscribers.HotmailinitiallyranunderSolarisformailservicesandApacheonFreeBSDforwebservices,beforebeingpartlyconvertedtoMicrosoftproducts,usingWindowsServicesforUNIXinthemigrationpath.HotmailwassoldtoMicrosoftinDecember1997forareported400 million and relaunched as MSN Hotmail, later rebranded to Windows Live Hotmail as part of the Windows Live suite of products. Microsoft phased out Hotmail in October 2011, relaunching the service as Outlook.com in 2012. Hotmail service was founded by Sabeer Bhatia and Jack Smith, and was one of the first webmail services on the Internet along with Four11's RocketMail (later Yahoo! Mail). It was commercially launched on July 4, 1996, symbolizing "freedom" from ISP-based email and the ability to access a user's inbox from anywhere in the world. The name "Hotmail" was chosen out of many possibilities ending in "-mail" as it included the letters HTML, the markup language used to create web pages (to emphasize this, the original type casing was "HoTMaiL"). The limit for free storage was 2 MB. Hotmail was initially backed by venture capital firm Draper Fisher Jurvetson. By December 1997, it reported more than 8.5 million subscribers. Hotmail initially ran under Solaris for mail services and Apache on FreeBSD for web services, before being partly converted to Microsoft products, using Windows Services for UNIX in the migration path. Hotmail was sold to Microsoft in December 1997 for a reported 400 million, and it joined the MSN group of services. The sale had been preceded by a major incident in 1997 where all email was lost for 25 % of mailboxes. Hotmail quickly gained in popularity as it was localized for different markets around the globe, and became the world's largest webmail service with more than 30 million active members reported by February 1999. Hotmail originally ran on a mixture of FreeBSD and Solaris operating systems. A project was started to move Hotmail to Windows 2000.
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