Slack's CEO says Microsoft’s collaboration software is gaining users. That’s a war Slack probably won't win. WSJheard explains why. WSJWhatsNow
At least give Slack Technologies credit for not ignoring the elephant in the room.
And Microsoft is an awfully big elephant. The software titan, one of only two companies in the world currently valued at more than $1 trillion, also happens to be Slack’s prime competitor. Slack’s share price has fallen precipitously since its direct listing in June, in large part on worries about the company’s ability to compete with such a deep-pocketed rival that largely gives a competing service away free.
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