SEO News

Microsoft Shares Fall Due To MSN Search Performance & Spend

by , Comments

TheStreet.com reports that Microsoft's share fell as much as 13% today due to Microsoft's search engine, MSN Search. Microsoft was not prepared for "the rising cost of competing with the better-positioned Net players, notably Google," TheStreet.com reports. Bloomberg reports that Microsoft may be "investing too much at the expense of profit" in MSN Internet properties, $2.4 billion more, to be exact. TheStreet.com says that MSN Search's search revenues were down in the first quarter and that they expect MSN Search to "lose advertising share" in the 2006 calendar year. The article also notes the recent acquisition of Ask.com's CEO as a recent expense, that hopefully will turn a profit.


ClickZ Live Toronto Twitter Canada MD Kirstine Stewart to Keynote Toronto
ClickZ Live Toronto (May 14-16) is a new event addressing the rapidly changing landscape that digital marketers face. The agenda focuses on customer engagement and attaining maximum ROI through online marketing efforts across paid, owned & earned media. Register now and save!*
*Early Bird Rates expire April 17.

Recommend this story

comments powered by Disqus