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Microsoft lays out its strategy for the chat wars with $5 billion Slack (MSFT)

When Microsoft entered the market for work chat apps, it created ripples across the industry: $5 billion startup Slack took out a full-page ad in the New York Times welcoming its new rival Microsoft Teams to the party. On Monday, Microsoft offered an update on its progress after six months in the chat wars, with the announcement that there are currently 125,000 organizations — businesses, schools, and other entities — using Microsoft Teams to at least some extent.
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