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Skype: is this the beginning of the end?

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Microsoft Windows has announced that the new Windows 11 operating system might mean the end for Skype.

Well before Zoom, Microsoft’s Skype was the big name in video-calling software. But a recent announcement might indicate that the app is on its last leg.

Microsoft announced its new Windows 11 operating system will be replacing the video calling software with Microsoft Teams as the default.

“Microsoft has been moving beyond Skype for several years now, with Teams being its strategic voice and video technology for the new era,” explained Angela Ashenden, an analyst at CCS Insight.

So does this mean Skype is gone for good?

Users will still be able to access the video calling software, but they will have to find it in the Microsoft store like any other app.

A company spokesperson told The Verge: “Skype is no longer an inbox app for new devices that run Windows 11. The app is available to download through the Microsoft Store for free.”

This comes as a surprise for many after Microsoft praised the app saying: “For folks that just want a very purpose-built app, Skype is a great solution, and we support it and encourage it.”

A decade ago Microsoft acquired the app for $8.5 billion

At the time, it was Microsoft’s biggest-ever acquisition. Despite concerns the tech giant was over-paying, the app was widely established.

At the time of acquisition, 1 billion users had downloaded Skype.

“Together we will create the future of real-time communications,” Microsoft chief Steve Balmer projected.

Natasha is an Associate Producer at ticker NEWS with a Bachelor of arts from Monash University. She has previously worked at Sky News Australia and Monash University as an Online Content Producer.

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Money

ASX positioned for strong start after positive stock rebound

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The ASX is set for a solid opening today, bolstered by overnight gains in the banking, commodities, and energy sectors.

Despite these positive movements, analysts are suggesting that the stock rebound and bond decline appear to be technically driven, noting that it may not mark the beginning of a longer-term trend.

Market analyst David Scutt from StoneX joins to discuss the latest market movements. #featured #trending

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Elon Musk is projected to become the world’s first trillionaire

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Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

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Treasury Secretary believes the U.S. are on track for a “safe landing”

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Treasury Secretary Janet Yellen pointed to a “soft landing” for the economy, with unemployment slightly down despite slower job creation.

In a recent interview on Bloomberg, Yellen stated that “For the US, the kinds of metrics that we would monitor that would summarise risks — whether it’s asset valuations or a good degree of leverage — things look good, I don’t see red lights flashing”. #featured #trending

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