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This Skype was killed by Microsoft narrative is simply quite wrong. Skype was already dying when Microsoft bought it, and they only bought it for its patents. Those patents are now used in Microsoft Teams which is a highly successful product.

but every ui update on it since then made it worse

They are only keeping it for brand recognition and making it just another interface for Teams backend.

It doesn't change my thought the Activision purchase will end up like skype. Activision losses in the last years players. But because of selling optimization, their return per player becomes higher. So they do good, but it's not a long-term game.

Squeeze the money out and move on.

I will take Microsoft over Activision as a gaming company at any time. The gaming division of Microsoft is quite well run and have good policies when it comes to its customers. Like reasonable local pricing etc.

If there is one company that could turn the steaming shit pile that is Activision-Blizzard it's Microsoft.