A family of Microsoft presentation graphics products that offer tools for creating presentations and adding graphic effects like multimedia objects and special effects with text.
Microsoft is releasing a fix for this. They'll probably roll it out gradually as usual, to make sure that a fix to one problem doesn't inadvertently create other problems.
If you've received the fix, which is distributed silently, restarting PPT will enable it.
I've already heard from one user who's received the fix already and has the microphone working again.