At the end of June 2015, Microsoft announced that they will be handing over their display advertising business to AOL Inc. and in addition, sell some of its map-generating technology to ride-hailing app company Uber. Uber will also gain about 100 employees from Microsoft that are focused on the product’s image collection activities. Those employees in the display ad business will be offered the chance to transfer to AOL and were promised they would not be laid off. Read more >>
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