A Microsoft file hosting and synchronization service.
Hi Ives,
I got the same error when I tried to open any Microsoft Office document on my Mac without the OneDrive application running (you can tell if this is the case when the little OneDrive cloud icon(s) do not appear at the top of your screen with your volume icon, wifi icon, etc.).
To fix, I hit command-space to open Spotlight, searched for "Onedrive" and launched the application it found. OneDrive started up, sync'd my files, and then when I tried opening my office documents (eg. in Powerpoint, Word, Excel, etc.) they all worked.