In a bid to lure users away from rival Zoom, Microsoft is extending the time limit for video calls on the free version of Teams, its workplace collaboration product, from 60 minutes to 24 hours. In addition to giving families more time to chat online during the holidays, the move underscores how Microsoft is increasingly positioning Teams as a video conferencing alternative to Zoom. Before...
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The Briefing Uber/Lyft Cloud
Microsoft’s Dubious Cloud Growth Tactic
One of the more eyebrow-raising stories of this week, in a week full of big tech news, was that Microsoft is considering investing in India-based hotel chain Oyo. If true—and Microsoft declined to comment on the report, which appeared first in TechCrunch—it would be a truly bizarre use of the software giant’s cash resources. Forget, for a minute, that running budget hotels is about as far...
Microsoft Is ‘Primary Antagonist’ in DOJ’s Google Antitrust Case - Google Lawyer
Microsoft in Talks to Invest in Oyo at $9 Billion Valuation
Alibaba-Owned Turkish E-Commerce Site Trendyol Valued at $16.5 Billion
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Sequoia Capital vs. Hillhouse: Inside China’s Fiercest Investor Rivalry
Last fall, Sequoia Capital China, the Silicon Valley VC firm’s affiliate led by investor Neil Shen, pledged to invest $400 million in a new funding round for Full Truck Alliance, China’s “Uber for trucks.” Days later, Zhang Lei, the rival head of private-equity giant Hillhouse Capital Group, flew to Nanjing, met Full Truck’s CEO over dinner and arranged a $110 million investment in the same round, according to a person familiar with the matter.