Business

Microsoft gets out of display advertising and mapping

riskSoftware giant Microsoft has decided that it has had enough of the display advertising business and is giving it to AOL to sort out.

Instead Microsoft will focus on its growing search advertising business based around its Bing search engine.

Microsoft, which employs hundreds of people in its display ad business around the world, said those employees would be offered the chance to transfer to AOL and that it was not making any layoffs.… Read the rest