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In this video tutorial, Joe from Filthy Casual Tech discusses Microsoft Lists and its integration with Teams, demonstrating how to add a list to a Teams channel. Microsoft Lists is highlighted as an information tracking app designed for departmental and project teams to manage processes or workflows like asset management and issue tracking. The same lists set up in SharePoint can also be accessed within Teams or through the upcoming mobile app. Additionally, Joe mentions covering three main caveats when using Microsoft Lists. Viewers are encouraged to subscribe and share their own tips or tricks in the comments.