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Microsoft hands display ads to AOL, maps to Uber

Microsoft Corp said it will hand over its display advertising business to AOL Inc and sell some map-generating technology to Uber.
Source: Reuters
Cramer: Dear Prudence, don't buy the top rally  

The "Squawk on the Street" crew shares their thoughts on what investors should be watching throughout the trading day, including Emerson Electric .
Source: CNBC.com
Early movers: PNR, CAG, GE, FIT, JUNO, GM & more

These are the stocks posting the largest moves before the bell.
Source: CNBC.com | By: Peter Schacknow
Microsoft sheds some of its ad business, mapping service

SAN FRANCISCO- Microsoft is handing off some its digital advertising business to AOL and selling its street-image mapping operation to Uber, as the giant software company tries to focus on activities more relevant to its core business. AOL, meanwhile, is adopting Microsoft's Bing search engine, replacing Google as the default option for visitors who want to...
Source: The Associated Press | By: By BRANDON BAILEY, AP Technology Writer
UPDATE 2-Microsoft hands display ads to AOL, maps to Uber

SEATTLE, June 29- Microsoft Corp said on Monday it will hand over its display advertising business to AOL Inc and AppNexus Inc, and sell some map-generating technology to ride-hailing app company Uber, as it slims down its money-losing online operations. The moves mean Microsoft will focus on its growing search advertising business based on its Bing search...
Source: Reuters
After-hours buzz: Juno, Apollo Education & more

Check out the companies making headlines after the bell Monday: Juno, Apollo Education & more.
Source: CNBC.com | By: Karma Allen
UPDATE 1-Microsoft drops display ad, map making business

June 29- Microsoft Corp said on Monday it will hand over its display advertising business to AOL Inc and AppNexus Inc, and sell some map-generating technology to ride-hailing app company Uber, as it slims down its money-losing online operations. The moves mean Microsoft will focus on its growing search advertising business based on its Bing search engine, and...
Source: Reuters
Microsoft to exit ad-display biz with AOL deal

AOL will manage and sell Microsoft's display advertising inventory across several platforms, the companies announced on Monday.
Source: CNBC.com | By: Reem Nasr
Microsoft to drop display ad business, cut 1200 jobs - Bloomberg

June 29- Microsoft Corp will close its web display advertising business, handing operations over to AOL Inc and AppNexus Inc and cutting about 1,200 jobs, Bloomberg reported. Some of the affected employees will be moved to AOL and AppNexus, while some more will be offered positions at Microsoft, Bloomberg said, citing a person with knowledge of the matter.
Source: Reuters
UPDATE 1-Google to alert drivers to railroad crossings using U.S. data

WASHINGTON, June 29- Google will add audio and visual alerts to warn drivers about upcoming railroad crossings on Google's navigation system, the U.S. Federal Railroad Administration announced on Monday. The agency also asked four other companies- Apple, Garmin, Tom Tom and AOL's MapQuest- to join similar map partnerships using the agency's data to pinpoint the...
Source: Reuters