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.
Meet Your Favorite Search Engine Watch Contributors
Many of SEW's leading expert contributors will be at ClickZ Live, the new online and digital marketing event kicking off in New York (March 31-April 3). Hear from the likes of: Thom Craver, Josh Braaten, Lisa Barone, Simon Heseltine, Josh McCoy, Lisa Raehsler, Greg Jarboe, Dan Cristo, Joseph Kerschbaum, John Gagnon, Eric Enge and more!