By Felicia Knight
This week Microsoft and Apple made it clear that software is the new hardware. For the time being.
Microsoft is buying the business-oriented social network LinkedIn for $26.2 billion in cash, and Apple is pivoting away from its slow-selling laptops, tablets, and smartphones to focus on improving its software.
Microsoft CEO Satya Nadella called the purchase of LinkedIn key to the company’s corporate image building – a way to reinvent productivity and business processes. “How people find jobs, build skills, sell, market, and get work done and ultimately find success requires a connected professional world.”