IndustryMicrosoft Online Services Group Losses $136 Million in Q3

Microsoft Online Services Group Losses $136 Million in Q3

The Wall Street Journal reports that Microsoft lost $136 million in the third-quarter within the online-services group. The money is going towards their continued effort to build up a competing Google product. The WSJ says, the loss is due to “competition with Google Inc. and growing investment by Microsoft in trying to improve its position against the Internet-search specialist.”

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