Wednesday, November 30, 2005

Microsoft Develops Classifieds Service

An AP newswire article by Allison Linn, via Yahoo! News, reports that:

Microsoft Corp. is developing an online classified service to compete with the likes of Craigslist and becoming the latest company to capitalize on growing consumer interest in buying and selling everything from cars to baby-sitting services on the Web.

Such Web-based classifieds are proving to be tough competitors for the ads that traditionally provided a big chunk of newspaper revenue.

Microsoft is hoping to distinguish its service, code-named Fremont, from rivals by tying in functionality with other Microsoft products. For example, people will be able to have Microsoft's instant messaging service alert them if items they seek come up for sale, or if someone is interested in buying something they are selling.

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