Microsoft Corp. unveiled a new operating system for mobile phones Monday, marking its latest move to reclaim a leading position against rivals Apple, Research in Motion and Google.Just a few years ago, Microsoft (MSFT, Fortune 500) was embedded in about a quarter of all smartphones sold. It's now in less than 10%, with competition coming from the iPhone and BlackBerry. Google (GOOG, Fortune 500)'s Android has only made a crowded space even tougher for Microsoft.
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