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A week after Google hit Microsoft by announcing it plans to launch an online operating system, Microsoft is throwing a counterpunch: It announced on Monday that it will launch a free, online version of Microsoft Office next year. The Financial Times describes the move, targeting Google Docs, as “one of the most radical steps yet by Microsoft.” The “lightweight” version of the software will allow users to edit documents and Powerpoint presentations, and will have more features than Google Docs.