Chat hot no email

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It may seem weird to pour so much money into old-hat tech.

But the real point of these new applications isn't just to build the a better way for employees to send text-based messages.

Microsoft, meanwhile, is taking a slightly different approach.

In addition to Teams, which competes directly with Slack, it offers Microsoft Bot Framework, a platform for building chat-based apps that can run not just on Teams, but on Slack, Facebook Messenger, and other instant messaging services. Microsoft bundles Teams with the Office 365 for no extra cost, and the company announced earlier this year that 125,000 organizations use the software.

Indian billionaire Bhavin Turakhia invested million of his own money into Flock, a Slack competitor he founded.

Facebook added video to its business tool Workplace.

You might file your expense reports, respond to customer support inquiries, or check sales figures all from an instant messaging client."Think about how many workflows in your day-to-day are centered around human interaction," says Microsoft Teams Platform program manager Larry Jin. It doesn't make sense to have some of them appear in chat and some of them to appear in some other context."Slack is trying to hasten the conversational future by investing a portion of its funding haul in companies that build applications atop Slack.

VP of product April Underwood says Slack has invested in 24 different companies, including workplace polling tool Polly, meeting coordination tool Donut, and knowledge management tool Guru.

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In June, rumors surfaced that Amazon wanted to buy the company for as much billion.

Meanwhile, Microsoft launched a new chat app called Teams that will eventually replace Skype for Business.

Atlassian, the company behind the venerable workplace messaging app Hip Chat, launched a new service called Stride.

Right now, many teams within companies use tools like Slack for free, often without official approval from their corporate IT departments.

"Most companies do not have a corporate collaboration solution in place," he says.

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