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Microsoft sends news today that founder Bill Gates has announced a MSN Virtual Earth service is to debut in the summer. The service is promised to provide:

* Satellite images with 45-degree-angle views of buildings and neighborhoods

* Satellite images with street map overlays

* Ability to add local data layers, such as showing local businesses or restaurants

The service will allow users to choose from a number of different data types plus allow people to contribute their own information. The announcement came today at the D3 conference happening this week