Teams is Microsoft's collaboration and communications software and has becoming increasingly important for the company as it competes against videoconferencing and messaging apps including Slack, Zoom, and Google Meet.
It comes included in some versions of the Microsoft Office 365 cloud productivity suite, which has given Teams a wide base of prospective users.
Teams usage has grown significantly amid the pandemic, growing from 44 million daily active users in mid-March to 75 million daily active users in late April and finally to 115 million as of Tuesday.when it changed the way it awards stock bonuses to executives in order to prioritize growing the company's Teams chat app. Now, a larger portion of executive stock bonuses will depend on whether the company can increase Teams monthly active users.
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