Wednesday, April 29, 2020

Microsoft Q3 2020: Bing Search Business revenue growth stalls due to COVID-19

Microsoft's search engine revenue growth, which has already been slowing, has run into a brick wall due to the COVID-19 crisis. Search advertising revenue excluding traffic acquisition costs increased only 1%, down from 6% YoY growth in the last quarter. Microsoft says Search was negatively impacted by reductions in advertising spend, particularly in the industries […]

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