Microsoft backtracks on its cloud-first promise; cuts free OneDrive storage space

 Microsoft has announced it would be cutting down on its free cloud storage space from 15GB to 5GB
The company just cut the free space it offers through its OneDrive service by two-thirds, making it the second major company to retreat from a consumer cloud-storage boom that tempted users with price cuts and ever-larger free offers.
Starting next year, Microsoft will cut its free option to 5 gigabytes, down from 15 gigabytes now. Microsoft says the new allotment is enough for about 6,600 Off