Microsoft is selling off some of its assets from its Bing division to the car-sharing service Uber. Specifically, Uber is acquiring 100 of Microsoft's employees that were involved in image and data collection from Bing, along with certain assets.
Neither company has issued statements to the press but TechCrunch reports that the deal is moving forward:
Specific financial terms of the deal were not disclosed. This news comes in the wake of last week's email that was sent by Microsoft CEO Satya Nadella to all of his company's workers, where he stated in part that Microsoft will "make some tough choices in areas where things are not working" in the near future.
Update: A Microsoft spokesperson has now sent over this official statement to Windows Central:
Update 2: An Uber spokesperson has also sent over a statement: