Microsoft to Take $6.2B Charge for Online Ad Biz

July 02, 2012 at 11:04PM

REDMOND, Wash. (AP) — Microsoft is absorbing a $6.2 billion charge to reflect its inability to produce more revenue from an online ad service that it bought nearly five years ago.

Microsoft to Take $6.2B Charge for Online Ad Biz from U.S. News