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Short Take: Microsoft's news services are in the red

Microsoft expects its Internet and news services to lose $300 million to $400 million a year over the next few years and are not expected to break even for three years, as reported by Bloomberg. The services include MSNBC, Microsoft Network, and the company's travel and financial services.

Microsoft expects its Internet and news services to lose $300 million to $400 million a year over the next few years and are not expected to break even for three years, as reported by Bloomberg. The services include MSNBC, Microsoft Network, and the company's travel and financial services.