Yes, the copy is obfuscated, but this is a new remote desktop tool, like VNC, RDP, or Teamviewer.

It is not "new". In the Mac space it was called "Microsoft Remote Desktop Client" and that client had messages saying it was going to be renamed in the near future for the last few weeks. It's just largely a UI facelift.

It's largely not anything new. They reworked the UI on the long standing Microsoft Remote Desktop app and added "Teams Optimization". I think that last bit was just to make me viscerally angry.

Except you cannot use it to connect directly via RDP from a Windows client to a Windows server ala good old mstsc.