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MSN Hotmail is a free web-based e-mail service, which is accessible via a web browser. Its...

MSN Hotmail is a free web-based e-mail service, which is accessible via a web browser. Its competitors include AIM Mail, Gmail, and Yahoo! Mail. Users of MSN Hotmail are being moved to the new Windows Live Hotmail as it was released from beta on May 7th, 2007. , founded by Sabeer Bhatia and Jack Smith in 1995 as the first Webmail, was commercially launched on July 4, 1996, Independence Day in the United States, symbolically representing freedom from ISPs. Jack Smith first had the idea of accessing e-mail via the web from a computer anywhere in the world, originally in order to get by corporate firewalls blocking regular mail services. When Sabeer Bhatia came up with the business plan for the mail service, he tried all kinds of names ending in "-mail" and finally settled on Hotmail because it included the letters "HTML" the markup language used to write the base of web pages. It was initially referred to as HoTMaiL with selective upper casing, which is still styled in that format within part of the URL of the user's email inbox when signed in. Hotmail was initially backed by the venture capital firm Draper Fisher Jurvetson. By December 1997, Hotmail reported more than 8.5