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> You want to be able to embed your spreadsheet into a document, into a slide presentation.

I mean, MS made ActiveX and it was a security risk:

https://www.wired.com/1996/11/will-activex-threaten-national...

If I recall being able to embed an Excel spreadsheet into a Word document was OLE https://en.wikipedia.org/wiki/Object_Linking_and_Embedding

It's still possible, even into places like WordPad. When it's rendered (i.e., when you're not currently editing the embedded item) it becomes a bitmap (at a usually not great resolution). So text in your spreadsheet isn't selectable

it got rebranded activex for browsers

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