Ballmer ushers in Microsoft's bing

InternetNews | at | by Mike

Microsoft CEO Steve Ballmer takes the long view on both the world economy and Microsoft's efforts to increase its market share in search.

Speaking on stage here at the D: All Things Digital Conference with co-host Walt Mossberg, Ballmer said that we're in a "different recession," and that it seems "nave" to think that the economy will recover in the next year.

Microsoft itself has had to respond by scaling back planned investments in research and development. It's still putting money into R&D, as the company has previously maintained, but it's not increasing its spend.