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Not Buying Slack in 2016 is Bill Gates’ Best Call Ever as Microsoft Tech Advisor

Since the June direct listing, Slack has lost nearly half of its market value.Instead of an acquisition, Bill Gates advocated for an in-house Slack killer.Microsoft Teams now boasts of more daily active users relative to Slack.In 2016 when Slack Technologies (NYSE: WORK) was just a few years old, Microsoft (NASDAQ: MSFT) seriously considered acquiring the…

Slack Stock Tumbles 4% Amid Mounting Potential Shareholder Lawsuits – CCN.com

Slack stock tumbled this morning (Sept. 11) amid potential shareholder lawsuits over allegations that the company issued false and/or misleading statements. | Source: REUTERS / Brendan McDermid Slack stock (NYSE: WORK) tumbled on Wednesday as potential shareholder lawsuits piled up. This downward momentum continues a trend from last week when Slack stock got hammered after…