Microsoft Adds New Features To Office Productivity Suite For Remote Working Corporates: CNBC

  • Microsoft Corp MSFT announced Whiteboard app updates to make it convenient for multiple people to doodle, leave sticky notes and paste images on a virtual canvas, CNBC reports.
  • The pandemic-induced remote work prevented corporates from brainstorming with physical whiteboards and blackboards in the office.
  • Microsoft’s Whiteboard’s monthly active users grew 12 times year-on-year in March 2021.
  • Microsoft introduced Whiteboard in 2017 and allowed people to use it from inside Teams in 2019.
  • Start-up Miro’s whiteboard program was the second-fastest-growing app among its customers between Nov. 2019 and Oct. 2020, behind only Inc AMZN Amazon Business.
  • The third fastest-growing app was Figma which introduced FigJam, a whiteboarding tool integrated with its main app.
  • Price action: MSFT shares closed higher by 1.37% at $260.90 on Thursday.
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