1,200 Microsoft jobs at risk as operations sold to AOL and AppNexus

Microsoft is handing over part of its operations to AOL and AppNexus, with jobs potentially being lost in the process.

A ‘person with knowledge in the matter,’ speaking to Bloomberg, said that Microsoft, the most attractive employer brand in the world, is shutting down its Web display advertising business, and handing over operations to AOL and AppNexus.