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  • Microsoft to take $6.2B charge for online ad biz

    July 2, 2012 4:32 PM

    REDMOND, Wash. (AP) Microsoft is absorbing a $6.2 billion charge to reflect its inability to produce more revenue from an online ad service that it bought nearly five years ago. The non-cash charge announced Monday could saddle Microsoft Corp. for its fiscal fourth quarter ending in June. Analysts polled by... more »

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