11:13 AM Microsoft (MSFT) is in talks to sell its Atlas display ad-serving business to private AppNexus, sources tell AdAge. There have already been reports Microsoft, whose Online Services unit just reported a $364M loss for FQ1, is thinking of exiting the online ad market, as it struggles to compete with Google. Microsoft took a $6.2B write-down related to its '07 purchase of online ad agency aQuantive earlier this year, and its ad ops have seen some major executive losses. (MSFT FQ1 results: I, II) (Read the comments on this)
See more Market Currents on Tech, M&A
Why are you receiving this? You subscribed to real-time Market Currents alerts at Seeking Alpha.
If this email was forwarded to you and you wish to subscribe to this email, click here.
Manage your emails:
Get alerts on additional tickers and manage all your email alert choices here
I'm getting too many emails: manage your email alert choices
I'm no longer following MSFT: unsubscribe from all MSFT email alerts
This type of alert isn't helpful to me: unsubscribe from Market Currents (breaking news) alerts on MSFT
To ensure you receive these emails in the future, please add account@seekingalpha.com to your address book, contacts or list of safe senders.
Sent by Seeking Alpha, 345 7th Ave. Suite 1400 New York, NY 10001
No comments:
Post a Comment