Microsoft has lost $5 billion building the online business over the past four years and hopes to reverse the trend following a search advertising partnership with Yahoo!.
"As soon as we close and implement the Yahoo! deal, we have achieved a milestone: for advertisers, we are a credible No. 2," Yusuf Mehdi, senior vice president of Microsoft's online audience business, said.
Microsoft announced its financial results for Q3 of fiscal year 2026, including an update on its gaming Xbox business and more.
Not looking good. Hopefully Asha Sharma is able to turn Phil’s disaster around.
To me it's still quite remarkable how they can cash-in 5.3bn in revenue in a single quarter, since their hardware is basically dead.
The stock mark is what makes Microsoft remarkable, They have convinced every institutional and retail investor to just keep piling money into them. Like many big tech giants they are just a big growing pyramid scheme. As long as people keep dropping money into ETF's that cover the market Microsoft will always be liquid. At the same time it is completely stifling innovation and competition. People need to start being more discreet in how they invest their money as it's killing the system.
Riiiiight because people will just flock back to them for one or two games per year.
15+ years of bad performance is what they call irreparable in business. It is time for them to sell off the assets and get out of entertainment.
These declines are on the back of extra revenue received from releasing games like Forza horizon 5 on PlayStation. So I’m being sarcastic here when I said they should go back to exclusives. Killing off a revenue stream from Ps5 sales will only make things worse
Thanks to the slip-up of an artist working on the title, we now have more evidence that a new Injustice game is in the works.
Spiders: "We're going to cut straight to the chase so you're not left wondering: After a long period without clear answers, we have received confirmation that Spiders is being liquidated.
What does it mean? This means the company as a whole no longer exists. We'll cease our functions immediately. The planned DLC will release via Nacon, and then-- well, that's it.
We're sorry that it's come to this and would like to thank each and every one of you for your support over the years.
If you have any questions or run into issues with your games, please contact Nacon directly as we'll no longer be able to reply."
I actually enjoy using Bing. I like the new background they have every day. Some of the pictures are extraordinary.
$5 billion dollars? That is insane especially when you consider that the biggest competition was a Ph.D project by two guys.
Yeah bing is actually pretty decent, it has google like results so thats a plus and I love its image section(huge).
Some of its other stuff is decent as well.
So... Bing won't be profitable... it's the deal with Yahoo! that will be profitable considering they're the only ones competing with Google in searches.
Honestly, all they're doing is throwing billions more dollars at the problem and hoping in the long run it will see a profit. But, more importantly, they want to run everything - OS, video game consoles, technology devices, search engines, and pretty soon we'll see the first Microsoft electric car.
Okay, bit heavy sarcasm on that last line, but seriously I think Microsoft needs to back the f*** up with their goals of dominating the technology market from all angles.
What happens if my car BSoD? Geek Squad?