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Five Companies That Dropped The Ball This Week

By Kevin McLaughlin CRN
3:20 PM ET Fri. Jul. 20, 2012
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Microsoft Reports First Quarterly Loss, Also Finds Self In EU's Crosshairs

Microsoft had a rough week: First, the software giant admitted it failed to live up to a 2009 agreement with the European Commission that it would give consumers a choice of web browsers with Windows. Microsoft also reported its first quarterly loss as a public company, the result of a $6.2 billion charge from its botched 2007 acquisition of online advertising firm aQuantive. The lesson here is that chasing Google can be expensive.

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