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Microsoft Sees Bing Advertisement Income Inch Upward 01/31/2019

Microsoft announced Wednesday that revenue from its search advertising, excluding traffic acquisition costs, rose 14% in the fourth quarter of 2018. Revenue from LinkedIn rose 29%. The company cited record levels of engagement highlighted by the time people spend on the site, which rose about nearly 30% in the quarter, compared with the year-ago. Azure, Microsoft’s cloud services, experienced the most growth at 76%. Overall, revenue rose 12% to $32.5 billion. Pointing to the search advertising deal between Microsoft and Verizon Media Group, the analytics arm at […]

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