StockNews.AI
MSFT
benzinga.com
170 days

Goodbye, Skype: Microsoft Teams Takes Over, Offering Free Calls and More - Microsoft (NASDAQ:MSFT), Snap (NYSE:SNAP)

1. Microsoft will shut down Skype in May 2025, ending a historic service. 2. Users can transition to Microsoft Teams Free for continued communication. 3. Skype's decline is attributed to competition from WhatsApp and Facebook Messenger. 4. Microsoft aims to focus on Teams, which offers enhanced collaboration features. 5. The shift reflects changing preferences for robust communication platforms.

4m saved
Insight
Article

FAQ

Why Bullish?

The transition to Teams could boost user engagement and revenue growth for Microsoft, similar to how Teams has gained popularity among enterprises amid the rise of remote work.

How important is it?

This decision signals a strategic pivot towards Teams; hence, it could positively affect long-term investor sentiment and stock price.

Why Long Term?

Focusing on Teams may take time to replace Skype's user base, but aligns with Microsoft's long-term strategy in communication tools.

Related Companies

Related News