Facebook Looks to Boost Workplace Productivity

Shares of Facebook (FB) - Get Report  are higher Tuesday on news the social media company plans to use Microsoft's (MSFT) - Get Report suite of workplace productivity programs. Facebook signed a deal to use Microsoft's Office 365, even as its develops its own workplace communication and collaboration service. But Facebook will not have access to Yammer, Microsoft's workplace social network, or Skype for business, as it directly competes with Facebook's own services, according to a Wall Street Journal report.

Action Alerts PLUS, which Cramer co-manages as a charitable trust, is long FB stock.