Hotmail was born on July 4^th, 1996 – the creation of a Silicon Valley startup founded by Sabeer Bhatia and Jack Smith. It was one of the very first services to offer free web-based e-mail. Originally, Hotmail was spelled “HoTMaiL,” emphasizing its use of HTML for the web user interface. Hotmail became popular quickly, and by the end of 1997 already had millions of customers. Hotmail was acquired by Microsoft late in 1997 and was later integrated with another acquisition –  the web-based calendar service, Jump. Hotmail continued to grow very quickly – reaching tens of millions of users in just a few years. Today, Hotmail has provisioned well over a billion inboxes and has several hundred million.................. Full Story At Source

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