Microsoft Comes After Zoom With All-Day Free Video Calls
Microsoft (NASDAQ: MSFT) recently dropped its 40-minute time limit on video chats for Teams' free users, and will allow them to stay connected for 24 hours with up to 300 participants "in the coming months."
That decision, which will last "until further specified," indicates Microsoft wants to pull users away from Zoom Video Communications (NASDAQ: ZM), which has become synonymous with video chats during the pandemic. At the time of Microsoft's announcement, Zoom capped its free meetings at 40 minutes for up to 100 participants.
But shortly afterward, Zoom announced it would temporarily remove its time limit for free users on Nov. 26 and Nov. 27. Does Microsoft's challenge spell trouble for Zoom, or is it too late for the tech giant to catch up?
Source Fool.com