Microsoft to Retire Skype in Favor of Teams This May

by News Editor

March 3, 2025

As of May 5th, Microsoft will cease support for Skype. This move, confirmed through the company’s blog, encourages users to transition to Microsoft Teams—a platform that has become increasingly central to their strategy.

Key Facts Of The Transition

Skype support will officially end on May 5, 2025, as Microsoft shifts focus to Teams.
Microsoft Teams offers free access on all supported devices using the same credentials as Skype.
Chats and contacts will be synced automatically between Skype and Teams to ease the transition process.
Skype and Teams will run concurrently for a limited period, allowing cross-platform communication.

A Look Back: The Journey Of Skype

Launched in 2003 and acquired by Microsoft in 2011 for over $8 billion, Skype transformed communication with its platform.

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Despite its early popularity, Skype’s usage dwindled with the rise of platforms like Zoom and Microsoft Teams.

As Microsoft continues to innovate with Teams, we also see major strides in technology across the globe.

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Eurobank Wins Two Euromoney Awards Following Cyprus Merger

by THEFUTURE.TEAM

July 17, 2026

Eurobank has been named Cyprus’ Best Bank for 2026 by Euromoney, while also receiving the award for Best Bank for Large Corporates at the publication’s latest Awards for Excellence.

Merger Marks A Milestone

The awards recognise the bank’s performance during 2025, a year marked by the completion of the legal merger between Hellenic Bank and Eurobank Cyprus. The transaction created Eurobank Limited, which the group says is now Cyprus’ largest banking and insurance organisation, with assets exceeding €28 billion.

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Euromoney’s Awards for Excellence evaluate banks’ performance over the previous calendar year, with this edition covering January 1 to December 31, 2025.

Lending, Customers And Digital Growth

Eurobank said its business lending portfolio expanded by around 17 per cent during 2025, while its customer base grew to more than 710,000 retail clients and 11,500 business customers.

The bank also continued its digital expansion, saying more than 96 per cent of transactions are now completed through digital channels, and most financing applications are submitted via its mobile app.

Expanding International Presence

Eurobank also highlighted the opening of its first representative office in India, describing the move as a step toward strengthening business links between Cyprus and India while supporting Cyprus’ role as a gateway to the European Union for Indian businesses and investors.

According to the bank, Euromoney recognised not only the successful completion of the merger but also its lending growth, digital transformation and contribution to Cyprus’ position as an international business and investment hub.

CEO On The Awards

“The Euromoney awards confirm Eurobank’s strong momentum and the successful implementation of our group’s strategy in Cyprus,” Chief Executive Michalis Louis said.

He said the merger strengthened the bank’s ability to support households, businesses and the wider economy, while highlighting continued investment in digital services and the opening of the representative office in India as key milestones during the year.

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