Microsoft is shutting down Skype after a 21-year run. Here's how it lost out to video call rivals
1. Microsoft will shut down Skype in May 2024, urging users to switch to Teams. 2. Skype has dwindled to 36 million daily users, struggling against stronger competitors. 3. Microsoft focuses on Teams integration, leveraging lessons learned from Skype's decline. 4. Skype's initial growth peaked with 405 million users in 2008 but never reached 1 billion. 5. Microsoft aims to streamline its offerings and innovate faster through Teams.