Article by Reuters: Technology News (c) Reuters: Technology News - Read full story here.
Microsoft takes $6.2 billion charge, slows Internet hopes
Juli 3, 2012 By Reuters: Technology News
SEATTLE (Reuters) - Microsoft Corp admitted its largest acquisition in the Internet sector was effectively worthless and wiped out any profit for the last quarter, as it announced a $6.2 billion charge to write down the value of an online advertising agency it bought five years ago.
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