The ability to format all or a portion of text in text boxes, notes and shapes is coming soon to Whiteboard web, Teams and the Windows app (mobile users will be able to view formatted text but not format it).
This message is associated with Microsoft 365 Roadmap ID 100497.
This brings text formatting functionality in Whiteboard, optimizing the default font style (for text boxes) & allowing you to format text among other functionalities!
When this will happen
Roll out will begin in mid-November and is expected to be completed by late November.
Message ID: MC467624
Product: Microsoft 365 suite, Teams, Whiteboard
Cloud instance(s): Worldwide (Standard Multi-Tenant), GCC, GCC High
Platform: US Instances, Web, Windows Desktop, World tenant
Status: In development
Release phase(s): General Availability