The Traderszone Network

Published in TZ Latest News 29 June, 2015 by The TZ Newswire Staff

Microsoft hands display ads to AOL, maps to Uber

Microsoft Corp (MSFT.O) said on Monday it will hand over its display advertising business to AOL Inc and sell some map-generating technology to ride-hailing app company Uber, as it slims down its money-losing online operations. The moves mean Microsoft will focus on its growing search advertising business based on its Bing search engine, and displaying maps on its Windows devices rather than generating the maps themselves.

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