WORK - The Battle for the Digital Office Is Heating Up
If you follow tech news, it is hard to miss press from Microsoft (NASDAQ: MSFT) and Slack Technologies (NYSE: WORK), which are battling it out for the highly coveted hub of the digital office. Slack's messaging platform came on the scene first, but the deep-pocketed software specialist has invested heavily to catch up and even surpass the upstart's daily active users with a competing product -- Teams.
But all is not as it seems with this highly publicized race for users. Let's take a look at some history of this rivalry, what each is doing to attract users, and who will be the ultimate winner and loser of this war.
Image source: Slack.