Business

Transcript

STEVE INSKEEP, HOST:

OK. Microsoft had to know there would be critics when it released its new logo late last week. And today's last word in business is: mixed reviews.

DAVID GREENE, HOST:

Microsoft used the old logo for 25 years. The tech world has certainly changed a lot since then. PCs, not iPads, where the big thing then and Microsoft dominated the software for them. Now, Microsoft says it's time to change its look.

First, three stories from Thomas Peterffy's life as a trader:

Story #1:

When Peterffy was a kid growing up in communist Hungary in the 1950s his buddy went to Austria and brought back a pack of Juicy Fruit gum. Peterffy bought the pack, broke the sticks of gum up into little pieces, and sold them at a profit. The principal at his school was not amused. "Where's your communist conscience?" the principal asked.

Not surprisingly, given story #1, Peterffy moved to the U.S. as a young man.

Story #2:

Samsung sounded a defiant note today, saying it would continue its legal fight with Apple "until our arguments have been accepted."

Samsung came out badly battered on Friday when a jury awarded Apple more than a $1 billion in damages, after it found Samsung had willfully infringed upon some of Apple's patents.