Mar 9, 2017

Google takes on Slack

AP Photo/Marcio Jose Sanchez, File

Slack, the popular workplace chat service, has a new competitor: Google.

Hangout at work: On Thursday, the search giant announced that it's turning the business version of Hangouts, a chat and video-calling tool that always seemed to have more potential than how it was used, into a service for teams and coworkers to communicate. You know, like Slack. Hangouts Meet will be a video-conferencing tool, while Hangouts Chat will be a tool for messaging and sharing files. And like Slack and other similar services, Hangouts already has partnerships to easily integrate with other work tools like Asana and Zendesk.

Competitors: Sending chats to coworkers is nothing new. HipChat and Yammer, for example, have been around for years and in November, Microsoft announced it was working on a tool of its own which will become available next week. Though Slack's brand is well established and it's not a service that most organizations can easily switch given all the history and information already stored in it, Google could have an advantage because so many companies use its email and file storage products.

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What to watch in tonight's Democratic debate

Bernie Sanders at a campaign rally in Colorado. Photo: Helen H. Richardson/MediaNews Group/The Denver Post via Getty Images

Bernie Sanders is now the clear front-runner for the Democratic presidential nomination, and his opponents are ready to try to knock him down at tonight's debate in Charleston, South Carolina β€” especially Michael Bloomberg, who was the punching bag at the Las Vegas debate.

Why it matters: This is the last debate before Super Tuesday, when Sanders is expected to win California and Texas and could secure an insurmountable lead for the Democratic nomination. That's a direct threat to the entire field, but especially to Bloomberg, who skipped the early states to focus on the March 3 contests.

Bob Iger to step down as CEO of Disney

Photo: Jeff Kravitz/FilmMagic

The Walt Disney Company said Tuesday that it had named longtime Disney executive Bob Chapek as CEO Bob Iger's successor, effectively immediately. Iger will remain executive chairman of the company through 2021.

Why it matters: Iger is credited with having successfully turned around Disney’s animation and studio businesses and with the strategic acquisition of Marvel, Pixar, Lucasfilm and 21st Century Fox. Most recently, he was the person behind Disney's successful launch of its Netflix rival Disney+.

Go deeperArrowUpdated 3 hours ago - Economy & Business