*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)

Share:
More In Technology
This Year In Trivia
Hena Doba and Azia Celestino recap some of the biggest stories of the year, and learn a thing or two while they're at it. It's This Year in Trivia!
Heliogen Goes Public to Scale Up the Renewable Energy Revolution
Renewable energy company Heliogen has gone public via a SPAC merger with blank check company Athena Technology Acquisition Corp. on the NYSE. Joining Cheddar, founder and CEO Bill Gross went into why he felt the end of 2021 was the best time to get into the public markets. "If you think of the Industrial Revolution and the digital revolution, this renewable revolution is probably going to be as big or larger than that," he said. "So we're going to use this capital to scale our business, to meet more customer demand, to do more projects in parallel, and to scale our research and development to continue to drive down the price to be competitive with fossil fuels."
Crypto Investor on Purchasing His $2 Million Bugatti in Dubai With Ether
Carl "The Moon" Runefelt, a Bitcoin investment expert, recently made a hefty purchase of a $2 million Bugatti sports car at a Dubai dealership. The Swedish crypto evangelist joined Cheddar to talk about how he made the big acquisition of a luxury item he had long had his eye on and why he chose the dealership, The Car Vault, to make the unprecedented transaction. "They accepted crypto directly, and that was important to me," he said. "I am not going to go to any car dealership that don't accept crypto, and that's kind of a principle I have today."
A Year of Highs and Lows for Crypto in 2021
2021 proved that crypto currency is here to stay. This year saw more and more adoptions of crypto, from top athletes looking to be paid in bitcoin, to Elon Musk even experimenting with bitcoin and dogecoin payments for a bit over at Tesla. And it wasn't all bitcoin either - other cryptos like Cardano and Solana saw some action in 2021 as well. Patrick McConlogue, CEO of Overline and former Citadel Investment Group Engineer explains why 2021 was such a good year for crypto, and what to expect in 2022.
2022 Promises a Mixed Bag of Market Predictions
2021 saw markets continue to be impacted by the onslaught of the coronavirus pandemic -most recently in the form of the Omicron variant- in addition to the global supply chain shortage, and increased inflation. But it wasn't all bad news, as crypto soared throughout the year, and meme stocks continued to have a moment. With the year coming to a close, investors are keeping an eye out to see if they should expect more of the same in the new year. Chris Vecchio, Senior Analyst, at DailyFX tells us what market trends to be on the watch for in 2022.
Under Threaten of Competition, Tesla Held Its Own in 2021
2021 proved to be yet another formidable year for Tesla. In a year that saw electric vehicles carve out their own space in the transportation world, the company made further strides, keeping its spot on top even as new companies threatened competition. Tesla was able to hit the trillion dollar valuation mark, increase vehicle deliveries even as the world grappled with supply chain and delivery issues and sign a major deal with Hertz this year. And of course, you can't talk about Tesla without talking about Elon Musk, CEO and founder of the company, richest man in the world and Time Magazine Person of the Year, who saw plenty of successes in 2021 as well. Al Root, Senior Writer at Barron’s, explains just how good a year it was for Tesla.
Load More