Microsoft more than doubles its free cloud storage. Microsoft OneDrive jumps to 15GB free and 1TB for office 365.

OneDrive
Here is the highlights:

* Free storage climbs to 15 gigabytes from 7GB.

* For Office 365 Home ($9.99/mo) you’ll get 1 TB per person (up to 5 people)

* With Office 365 Personal ($6.99/mo) and University ($79.99/4yr) you will get 1 TB per subscription

* Dropping storage prices by over 70%

* Office Subscription will be  $1.99 for 100 GB (previously $7.49) and $3.99 for 200 GB (previously $11.49).

SEE ALSO: 30 Top Free Cloud Storage Services

Omar Shahine Group Program Manager for OneDrive.com says All of these updates will take effect in the next month. For current subscribers, you are all set, you’ll automatically be moved to the lower prices.

Microsoft says We want to provide a complete experience that brings in the power of Office and lets you do more with everything you put in your OneDrive — whether it’s sharing your favorite photos with the people you care about in one simple click or working together in real time on an important project.