Bill Writes a Memo

AJAX is asynchronous Javascript and XML, which enables web based applications such as web based email and word processing via the web, a technology often referred to as "Web 2.0". It was developed in 1998 by Microsoft and largely not exploited -- until now. Hence Bill's Memo. Almost a decade after it's development, Microsoft is a late adopter of its own technology, they call "Microsoft Live", as NetSuite and Salesforce.com emerge with their "software as a service" models.