Microsoft Will Power AOL Search, Transfer Some Advertising Work As It Sheds Hundreds Of Employees

 Update: In an interview, Microsoft indicated that Bing now doesn’t lose money. That’s several quarters ahead of its stated public cashflow schedule.  Following the news that it will shed around 100 employees to Uber in a mapping technology deal, Microsoft announced this afternoon that it will now power AOL’s search property, and will apportion parts of its advertising work… Read More