Microsoft says it will invest in Skype despite success with Teams app

Microsoft Teams registered a new daily record of 2.7 billion meeting minutes in a single day on March 31 - 200 per cent increase from 900 million on March 16

Microsoft says it would continue investing in Skype, the video calling app, despite its video conferencing app Teams getting record popularity as the coronavirus pandemic keeps people indoors.
 

Purchased in 2011 for $8.5 billion, Skype communication tool has failed to keep up with other messaging rivals to date, while Teams has seen a meteoric rise as millions of people work from home.

"We're continuing to invest in Skype. It's growing through all this. You'll see some new features. You'll see Skype and Teams interoperate," Jeff Teper, CVP for Microsoft 365, told VentureBeat.

Microsoft Teams registered a new daily record of