Its a way to see what is being uploaded or what might have failed to reach the servers.

It lets you know if a document failed to upload for some reason.

In this case it looks like the incorrect credentials were entered when signing into Windows Live.

Manage Sending 2010 Documents to the Web with Office Upload Center

press the Resolve button to get a list of actions you could take to get things corrected.

you might pull up the Upload Center from the icon which appears on the System Tray when uploading documents.

Right-grab the icon to control notifications, pause uploads, and access its configs.

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