'Facebook's Workplace software, which lets corporate employees chat and make video calls, has increased the number of paid users in the past seven months to 5 million, representing a 67% jump.
The growth, announced Thursday, underscores increasing interest in the nearly four-year-old service, which is similar to Slack’s workplace chat app and Microsoft’s Teams collaboration tool. In October, Facebook said its business software had 3 million paid users. [...] Like other consumer technology companies including Google and Amazon, Facebook believes it can make a big business in enterprise technology. Facebook's Workplace software can cost companies $4 or $8 per employee depending on the plan. There's also a free version that lacks certain security and IT monitoring features.
For now, revenue, which Facebook doesn't disclose, is believed to be insignificant compared to the company's overall annual sales of $70.7 billion.'
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The Commission has proposed today an ambitious reform of the digital space, a comprehensive set of new rules for all digital services, including social media, online market places, and other online platforms that operate in the European Union:…
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