Microsoft Renaming Its Skydrive to Onedrive
Microsoft says that it choose the name Onedrive because the cloud storage should be the one place to store all of your pictures, videos, documents and files.
There is no any other changes to Skydrive except the name. Microsoft working hardly to improve Skydrive. Improvement may consists automatic upload like Dropbox. Microsoft giving you 7GB of storage, while Dropbox starts with 2GB. We expected that, the name change comes after Six Months later.
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SOURCE : ONEDRIVE BLOG
VIA : THE VERGE