Followers | 689 |
Posts | 143817 |
Boards Moderated | 35 |
Alias Born | 03/10/2004 |
Wednesday, November 10, 2021 12:46:12 PM
By: TheStreet | November 10, 2021
• The partnership to consolidate two rival business communication apps comes at a time when tech companies are focused to build the metaverse more broadly.
Meta Platforms (MVRS) on Wednesday joined hands with tech giant Microsoft (MSFT) to integrate its Workplace app with rival Microsoft Teams to enable a streamlined flow of remote-work-related-communication between businesses.
"You can now share important information from Workplace to Teams, with streaming from Teams Meetings to Workplace coming in 2022," the newsroom section for Workplace showed.
Reuters reported that the integration is largely aimed at "customers of both products."
"You have to meet employees where they directly are, wherever they're doing their work, whatever platforms they're most using," said Workplace Head Ujjwal Singh, in an interview to Reuters.
Shares of Meta Platforms traded 1.20% lower and Microsoft dropped 0.69% on Wednesday.
Meta formerly known as Facebook, launched Workplace five years ago and said it had 7 million paid subscribers in May. Microsoft Teams has a larger user base of 250 million users.
CNBC reported that the partnership was requested by Workplace users like Vodafone and Accenture.
Last week, Microsoft launched a set of tools to enable businesses to create immersive spaces with augmented and virtual reality where workers can meet using its software products like Microsoft Teams.
Microsoft is strengthening its cloud computing infrastructure and adapting its signature software products to create a more business friendly version of the so-called metaverse.
"The public perception of the metaverse — as a futuristic world where plugged-in people recreate their whole lives online — is still a ways off. But the business uses are starting to be available now,” Microsoft Chief Executive Satya Nadella told Bloomberg Television on Nov.2.
Last month, Facebook announced a fundamental change to its identity as it rebranded its name to Meta and hoped to be seen as a metaverse company, at its virtual developer conference, Facebook Connect.
The metaverse is a $10 billion project to transition Facebook from its much-criticized social network and related family of apps and into what founder Mark Zuckerberg has called an "embodied Internet."
Read Full Story »»»
DiscoverGold
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
• DiscoverGold
Recent META News
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/20/2024 08:10:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/19/2024 10:42:29 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/19/2024 08:15:35 PM
- AIG names new CFO; Progyny Drops 24% After Losing Key 2025 Contract; Exicure Jumps 190% With Nasdaq Extension • IH Market News • 09/19/2024 10:26:48 AM
- Meta Strengthens Child Privacy on Instagram; Google Overturns $1.7 Billion Antitrust Fine; Snap Updates Spectacles • IH Market News • 09/18/2024 10:13:07 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/17/2024 10:10:22 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/17/2024 08:32:58 PM
- Microsoft Boosts Share Buyback, Raises Dividends by 10%, Intel Secures Chip Deal with Amazon • IH Market News • 09/17/2024 10:40:35 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/13/2024 08:33:35 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/12/2024 10:38:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/10/2024 10:17:06 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/10/2024 08:53:12 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/10/2024 08:06:11 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/06/2024 08:12:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/05/2024 10:04:21 PM
- Meta Announces Quarterly Cash Dividend • PR Newswire (US) • 09/05/2024 08:30:00 PM
- Qualcomm Develops Mixed Reality Glasses; Verizon to Boost Dividend, Eyes Acquisition; Samsonite Plans US Dual Listing • IH Market News • 09/05/2024 10:11:35 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/05/2024 12:10:19 AM
- Nvidia Subpoenaed by DOJ, Athira Pharma Shares Plunge 71% After Study Fails, Zscaler Falls 15% Post-Earnings • IH Market News • 09/04/2024 09:50:25 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/04/2024 12:40:43 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/04/2024 12:36:05 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/03/2024 08:04:59 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/30/2024 08:46:59 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/30/2024 08:20:56 PM
- Intuitive Machines Soars 18% on NASA Contract, Intel Considers Splitting Operations, Dell Reassesses Selling SecureWorks • IH Market News • 08/30/2024 10:00:08 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM