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Stockreport

Skype to shut 14 years after Microsoft's US$8.5 billion purchase [BNN Bloomberg (Canada)]

Microsoft Corporation (MSFT)  More Company Research Source: BNN Bloomberg
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Once a byword for digital calls that bypassed long-distance charges, Skype was surpassed in recent years by smartphone-native communication apps and Zoom video calls. When Microsoft tried to stretch the Skype brand into the workplace, it lost out to Slack Technologies Inc. Microsoft's response was to start from scratch and build Teams, a chat, voice and video communication service for the workplace, which gained ground as part of its software bundle. The Redmond, Washington-based company will offer Skype users the option of migrating to Teams, which is now its strongest rival to Salesforce Inc.-owned Slack, before it shuts down in May. “I've been at Microsoft for over 30 years, and there's a lot of software that we've done that was incredibly valuable in its era, and then the next era came and it was the foundation,” said Jeff Teper, a Microsoft president who oversees communications and collaboration tools. Microsoft said there were more than 300 million monthly Skype users in [Read more]
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Stockreport

Skype to shut 14 years after Microsoft's US$8.5 billion purchase [BNN Bloomberg (Canada)]

Microsoft Corporation  (MSFT) 
More Company Research Source: BNN Bloomberg
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Once a byword for digital calls that bypassed long-distance charges, Skype was surpassed in recent years by smartphone-native communication apps and Zoom video calls. When Microsoft tried to stretch the Skype brand into the workplace, it lost out to Slack Technologies Inc. Microsoft's response was to start from scratch and build Teams, a chat, voice and video communication service for the workplace, which gained ground as part of its software bundle. The Redmond, Washington-based company will offer Skype users the option of migrating to Teams, which is now its strongest rival to Salesforce Inc.-owned Slack, before it shuts down in May. “I've been at Microsoft for over 30 years, and there's a lot of software that we've done that was incredibly valuable in its era, and then the next era came and it was the foundation,” said Jeff Teper, a Microsoft president who oversees communications and collaboration tools. Microsoft said there were more than 300 million monthly Skype users in [Read more]
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MSFT
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