Microsoft plans to continue to invest (read: lose money) in online services.
In its fourth-quarter earnings conference call on Thursday, Microsoft CFO Chris Liddell said the company would pour hundreds of millions of additional dollars into its online advertising business.
"We do not make these investments lightly," said Liddell, who noted that the loss will be "a drag" on the rest of the company. However, he said it is worth the cost, given how the size of the online advertising market is measured in tens of billions of dollars.
Liddell noted that the market is projected … Read more