Microsoft shutting down Bing Cashback 6/4/2010

According to an article posted by PCWorld, Microsoft plans to shut down BING Cashback. This comes as a bit of a surprise to many merchants and shoppers who found value in Bing Cashback's non-standard commission structure.

Opening with roughly 700 merchants, the engine grew to about 1000 stores over its short, two-year lifespan. Apparently this was not enough growth to keep Microsoft interested in supporting the service.

Cashback is staying "alive" until July 30. Users have a year after that to redeem any cash earned through purchases.