[Reuters] Microsoft open to investing in search

Posted by: UGN Security

[Reuters] Microsoft open to investing in search - 06/18/09 12:42 PM

CHICAGO (Reuters) - Microsoft Corp is willing to invest 5 to 10 percent of its operating income in its search business for up to five years, Chief Executive Steve Ballmer said on Thursday, as its "Bing" search engine gains ground with Web surfers.