Tech Brew Ride Home Thu. 03/19 - This Is The Microsoft Teams Moment
Mar 19, 2020
Square is making a bold move into banking, securing FDIC conditional approval. Meanwhile, Microsoft Teams has skyrocketed to 44 million daily active users amidst remote work demands. The EU is urging streaming companies to reduce HD content to alleviate broadband strain. Shockingly, music streaming may be on the decline due to the pandemic. Lastly, Apple's iPad is evolving to rival traditional laptops, posing challenges for Microsoft and changing the landscape of personal computing.
AI Snips
Chapters
Transcript
Episode notes
Square's Banking Ambitions
- Square received conditional FDIC approval to operate a bank, Square Financial Services.
- This bank will focus on small business loans and offer FDIC insurance up to $250,000.
Teams' Rapid Growth
- Microsoft Teams' daily active users jumped from 32 million to 44 million in just one week.
- Brian McCullough's wife's architecture office adopted Teams for remote work without hesitation.
Prioritizing Mental Health
- Facebook is prioritizing mental health support for its content moderators.
- Mark Zuckerberg suggests focusing on suicide and self-injury prevention during isolation.