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With Office 2016, Microsoft takes on Google Docs

The new version of Office puts an emphasis on collaboration. Meanwhile, Quirky -- the company behind Wink and other smart-home products -- files for bankruptcy.

Microsoft gave Office a boost to better compete with Google Docs.

In this CNET Update, learn about the most notable features in Microsoft Office 2016 . But as Microsoft strengthens Office, another tech company is feeling a slump. Quirky, the company behind Wink smart-home gadgets, is filing for Chapter 11 bankruptcy:

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