Microsoft has upgraded Office for Mac, adding Touch Bar support for some models of the 2016 MacBook Pros. Word, Excel, and PowerPoint will add “the most relevant commands to what you're working on are at your fingertips” via the Touch Bar.
Microsoft Office 365 subscriptions start at $69.99 per year for a one-user personal license, or $5 per month per user for businesses. Updates are available from Microsoft AutoUpdate (MAU). To use MAU, start an Office application, such as Word, and then choose Help > Check for Updates. If you're an admin and want to update the computers in your organization with your existing software deployment tools, you can download and deploy the update packages for each application.