The MSN team is working on a new Windows Live service, code-named Live Drive, that will provide users with a virtual hard drive for storing hosted personal data. Microsoft archrival Google is developing similar technology, code-named Gdrive, according to information Google accidentally shared with analysts in early March.
....Microsoft, likewise, has shared few specifics about Live Drive. Microsoft Chief Technology Officer Ray Ozzie publicly acknowledged Microsoft's Live Drive plans in an interview with Fortune Magazine published on April 19.
"Microsoft is planning to use its server farms to offer anyone huge amounts of online storage of digital data," according to Fortune. "With Live Drive, all your information—movies, music, tax information, a high-definition videoconference you had with your grandmother, whatever—could be accessible from anywhere, on any device."