*By Bridgette Webb*
Microsoft is trying to turn up the heat on Slack, announcing a free version of its workplace collaboration tool Microsoft Teams on Thursday.
The company hopes the platform's ability to integrate with other Microsoft programs will give it a leg up on the industry leader.
“We have power of the full collaboration suite in there,” said Lori Wright, general manager of Microsoft 365 in an interview with Cheddar on Thursday.
Previously Teams, which was launched in 2016, was only available to those with an Office 365 subscription. The free version will include support for up to 300 people, with unlimited chat messages and search as well as integration with 140 apps. It also has a new option to blur out the background during video calls, something Wright said will "take out all of the distractions." Users will get less storage than on the paid plan, though, and won't have access to features like scheduling and recording meetings.
Slack does has its own free version, but that only allows users to search the last 10,000 messages and integrates with just 10 apps.
As of March, 200,000 businesses globally were using the paid version of Teams, less than half of the half million organizations on Slack.
Microsoft's efforts in workplace communications demonstrates the opportunity big tech companies see.
Facebook launched its own collaborative platform, Workplace, in 2016 and has reportedly signed up about 30,000 organizations. Last month the tool was made free for nonprofits and education providers.
For the full segment, [click here.](https://cheddar.com/videos/microsoft-picks-up-the-slack)
Airlines around the world cancel or change flights ahead of Verizon and AT&T's 5G rollout. The two wireless companies agreed to temporarily delay the launch of the new service near some key airports, after airlines warned the 5G signals could interfere with certain aviation equipment. Jonathan Adelstein, president and CEO of the Wireless Infrastructure Association, joined Cheddar News to discuss.
Thrive Market is a health-first membership for conscious living, with a mission to make healthy and sustainable living easy and accessible. Nick Green, CEO and co-founder, chatted with Cheddar's Baker Machado about the company's approach and new ventures in 2022. "I grew up outside of Minneapolis, middle class, middle America, and really saw firsthand how hard my mom had to work to put healthy food on the table, on a budget, without a health food store nearby," he said. "Twenty-some years later we looked around and just thought it was crazy that millions of Americans are still struggling with the same thing, and we decided to change it." Recently the brand released a line of organic frozen products and will be introducing new beauty and home brands.
In the ongoing saga of AT&T and Verizon versus airlines over the U.S. rollout of 5G near airports, the telecom giants have agreed to delay some deployments. The decision came after arguments that the technology could pose a threat to the safety and security of flights. However, AT&T countered that airlines had two years to prepare for this rollout date.
In what could be the biggest deal in video games history, Microsoft's purchase of Activision Blizzard underlines the company's aggressive push in gaming and beyond into its long-term vision of being top dog in the metaverse. Adam Hollander, former director of gamification at Microsoft and founder of Hungry Wolves NFT, joined Cheddar's Opening Bell to discuss. “Microsoft always plays chess, not checkers," he said, describing the price tag as an opportunity cost. "It's about integrating Activision Blizzard in with Azure and Windows and Xbox and Hololens and Minecraft and everything else that they're doing for the inevitable goal of being the major player in the next phase of the internet."
Telecom giants AT&T and Verizon have agreed to delay activating their 5G services around airports and runways once again. This comes after major U.S. airlines voiced their concern over the rollout of 5G technology, warning of an impending "catastrophic" aviation crisis. Peter Andersen, Chief Investment Officer, Anderson Capital Management joined Cheddar's Opening Bell to discuss.
Earnings season kicks into high gear this week as big players are on tap to report their Q4 numbers. Goldman Sachs, Procter & Gamble, United Airlines, and Netflix are just a few of the companies we're keeping a close eye on to give us a better idea of how they're dealing with the Omicron variant, inflation and interest rates. David Nelson, chief strategist at Belpointe, gives a preview of what to expect.
Thomas Hayes, Chairman at Great Hill Capital, joined Wake Up With Cheddar to break down what to look for on the economic front in the coming months amid an Omicron surge and planned interest rate hikes.