Reuters
Technology
Microsoft takes $6.2 billion charge, slows Internet hopes
Tue, Jul 03 15:42 PM EDT

By Bill Rigby

SEATTLE (Reuters) - Microsoft Corp admitted its largest acquisition in the Internet sector was effectively worthless and wiped out any profit for the last quarter, as it announced a $6.2 billion charge to write down the value of an online advertising agency it bought five years ago.


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