Apple And Microsoft, Then And Now

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Apple And Microsoft, Then And Now

Wochit 0:57 mins

Under Steven A. Ballmer's leadership for the last 13 years, Microsoft has struggled to transition from a PC-driven company, to a mobile-centric one. Apple, once its biggest competitor, has done the complete opposite. German Chancellor Angela Merkel's election challenger, says he would suspend negotiations with the U.S. over a trans-Atlantic free trade agreement until Washington clarifies details about National Security Agency surveillance programs. Former U.S. Treasury Secretary Lawrence Summers never came near the Federal Reserve's annual monetary policy symposium in Jackson Hole this weekend, but his name was often raised on the sidelines amid speculation over his possible selection as the next Fed chairman

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