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MSFT
New York Post
172 days

Microsoft retiring Skype after 20 years — as platform failed to keep up with Zoom, Slack

1. Microsoft will retire Skype on May 5 to focus on Teams. 2. Skype struggled against competitors like Zoom and Slack in recent years. 3. Teams has 320 million monthly active users, surpassing Skype's decline. 4. Skype's user base fell from 150 million to 23 million by 2020. 5. No job cuts will result from the Skype transition to Teams.

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FAQ

Why Bullish?

Streamlining communication tools can enhance MSFT's market position. Teams' growing user base indicates strong corporate demand, potentially boosting revenue.

How important is it?

The strategic shift from Skype to Teams directly enhances user engagement and revenue potential, influential given MSFT's focus on cloud services.

Why Long Term?

Focusing on Teams strengthens MSFT’s competitive edge in remote collaboration. Historical trends show that consolidation often leads to sustained growth.

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