of enterprises that already purchase Office 365, Microsoft has effectively rendered Slack redundant. This makes Slack a conspicuous target for IT cost-cutting.
Slack's future is predicated on its ability to convince regulators that Microsoft is engaging in anticompetitive practices. In July 2020, Slack a complaint against Microsoft with the European Commission, alleging that Microsoft's practice of bundling Teams with Office products constituted anticompetitive behavior.
As Slack awaits a ruling, it warned in this week's earnings report that matters could get even worse, as it "could be subject to retaliatory or other adverse measures by Microsoft, its employees, or agents in response to the complaint that we filed with the European Commission." In particular, Slack suggested that Microsoft could limit the interoperability between Slack and Microsoft products in retaliation, which would diminish the functionality of Slack relative to Teams. Finally, even if Slack wins its case in EU courts, 62% of the company's fiscal Q2 2021 revenues came from the US, where it would need to win a separate legal case to force Microsoft to change its pricing practices.
Microsoft
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Black small business owners face longer economic recovery, survey shows - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Business Vacancies Rise on New York City’s BroadwayMore than 300 storefronts along Broadway are vacant, a 78% increase from three years ago, a recent survey found, as the coronavirus pandemic puts added pressure on bricks-and-mortar businesses. The price of rent is one main reason. 2nd reason is we are currently living in the digital age, most businesses, even clothing businesses are taking to a digital approach. If everybody is so poor and has lost their jobs like me, THEN WHY AREN'T WE MARCHING IN FRONT OF THE WH Trumps America. Trump didnt want to have a national strategy, in fact, Trump didnt want to do anything at all. And yet again, americans pay the price. While trump has everyone around him tested several x per day, Americans die. TrumpVirusDeathToll193K
Source: WSJ - 🏆 98. / 63 Read more »
How Brad Smith reinvented Microsoft's relationship with DC and tech - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. So inspired by the 5 images of the noble tech guy
Source: BusinessInsider - 🏆 729. / 51 Read more »
History of foldable smartphone in photos: Samsung, Motorola, Microsoft Surface Duo - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Russian and Chinese hackers targeting Biden, Trump campaigns: Microsoft - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. fake news Took you a while to figure that out?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Business Insider's top advertising and media stories for September 10 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »