Financial Times FT.com

Microsoft shakes up online services arm

By Richard Waters in San Francisco

Published: August 13 2007 19:34 | Last updated: August 13 2007 19:34

Microsoft on Monday shook up the organisation and management of its online services business following its $6bn purchase of advertising services company Aquantive, marking its latest attempt to catch up with Google and Yahoo.

The overhaul included a new organisational structure that closely resembles one that had been planned at Yahoo by Terry Semel, its former chief executive officer, although Yahoo has since turned its back on the arrangement.

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