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."
Save up to $400! Register now for SES New York 2012, the Leading Search & Social Marketing Event, taking place March 19-23. Google's Digital Marketing Evangelist Avinash Kaushik will keynote. Hurry, pre-agenda rate expires March 2!
