- Slack Technologies Inc (NYSE:WORK) released new features to help people work with their colleagues irrespective of office or home, intensifying hybrid work competition, Bloomberg reported.
- Slack Huddles will allow casual audio conversations across channels and direct messages on the workplace communications platform.
- Other features include creating and playback video and audio recordings with a full transcript and an employee directory called Slack Atlas.
- Microsoft Corp (NASDAQ:MSFT) recently revealed design changes to its Teams platform to improve remote workers’ interactions in meetings.
- Zoom Video Communications Inc (NASDAQ:ZM) will acquire Germany-based Kites GmbH to improve language translation abilities on its videoconferencing service.
- Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google revealed updates to its Workspace productivity suite, including new tools for its Meet videoconferencing system.
- Slack’s new features will be available on different timelines for different customer plans. Slack Huddles will be open Wednesday to paid customers.
- Salesforce.com Inc (NYSE:CRM) will acquire Slack for $27.7 billion. Salesforce sold $8 billion worth of bonds to fund the acquisition partly.
- Price action: WORK shares traded lower by 0.59% at $44.47 on the last check Wednesday.
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