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June 29, 2015 09:43 pm GMT

Microsoft Will Power AOL Search, Transfer Some Advertising Work As It Sheds Hundreds Of Employees

microsoft-earningsUpdate: In an interview, Microsoft indicated that Bing now doesn’t lose money. That’s a several quarters ahead of its stated public cashflow schedule. Following the news that it will shed around 100 employees to Uber in a mapping technology deal, Microsoft announced this afternoon that it will now power AOL’s search property, and will apportion parts of its advertising… Read More

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