LXer: Microsoft's plan to stop Bing's $1 billion bleeding

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LXer: Microsoft's plan to stop Bing's $1 billion bleeding

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09-21-2011, 05:21 PM	#1
LXer LXer NewsBot Registered: Dec 2005 Posts: 128,262 Rep:	LXer: Microsoft's plan to stop Bing's $1 billion bleeding Published at LXer: Bing, Microsoft's two-year old search engine, is losing nearly a $1 billion a quarter, with no sign of letting up. Microsoft (MSFT, Fortune 500) has lost $5.5 billion on Bing since the search service launched in June 2009, but the company's search losses actually pre-date that. In fact, the software giant has never made money in its online services division. Since Microsoft began breaking out that unit's finances in 2007, the company has lost a total of $9 billion.Not FOSS related but of interest to our readers I think - Scott Read More...

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