Why Microsoft is killing off Skype and sending it to the tech graveyard
Microsoft Corp. said on Friday that it was killing off Skype, one of the first services to offer phone and video calls over the internet. Skype was a vestige of the early-2000s tech boom and bust, and its current users will be transitioned over to free accounts on Microsoft Teams — the company’s preferred videoconferencing and workplace-communications tool,
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Lone Pine Capital has increased its stake in Microsoft, reflecting confidence in the tech giant’s long-term potential.
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