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Microsoft Will Shut Down Skype in Favor of a Free Version of Teams

1. Microsoft will shut down Skype on May 5, 2025. 2. Users are migrated to Microsoft Teams, which has over 320 million users. 3. At its peak, Skype had 300 million users but dwindled to 36 million. 4. Microsoft assures no layoffs for Skype team members during the transition. 5. Skype's decline reflects competition from apps like WhatsApp and Slack.

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Why Bullish?

Microsoft’s shift to Teams solidifies its leadership in collaboration tools, attracting more users.

How important is it?

The transition enhances Microsoft Teams' market position, likely improving long-term user retention and revenue.

Why Long Term?

Transitioning users to Teams could lead to sustained growth beyond initial shutdown effects.

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