Microsoft in Reality: a look at the latest memos from Gates and Ozzie

Big things happen at Microsoft— and in the marketplace— after Bill Gates announces a grand strategy. Ten years ago this coming Pearl Harbor Day, Chairman Bill famously made a speech challenging his company and his opponents to take advantage of the "Internet Tidal Wave" that was the subject of an equally famous memo the prior May.

Now Bill has issued another sure-to-be-famous memo, along with one by Ray Ozzie, Microsoft's new CTO.