BILL GATES

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Bill Gates to India: Go high end on R&D

Billionaire Bill Gates on Friday urged India to move away from low-cost labor toward high-end research and development to keep its giant IT sector competitive.
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Microsoft exec sees lower margins from cloud

Microsoft Corp's chief software architect said on Thursday the profit margins on providing online services -- broadly known as cloud computing -- would likely yield a lower profit margin than the company's existing software business.
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U.S. Energy secretary: 'I am a Nerd'

Energy Secretary Steven Chu addressed the community of Harvard University on Thursday for a commencement speech humorously calling himself a nerd.
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Gates sees tech helping U.S. out of recession

Technology can pull the United States out of recession and help the world's ailing financial markets work better, Microsoft Corp Chairman Bill Gates told a high-level business summit at the company he co-founded.
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Buffett paid $491,000, Berkshire downgraded

Warren Buffett was awarded compensation of $491,000 in 2008 for running Berkshire Hathaway Inc , which just lost its AAA credit rating from Fitch Ratings because of potential losses from derivatives.
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Fitch cuts top rating on Buffett's Berkshire

Warren Buffett's Berkshire Hathaway was stripped of its 'AAA' credit rating by Fitch, barely hours after S&P cut General Electric Co's top-tier rating, as the global financial crisis pummels America's corporate titans.
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CORRECTED: Berkshire loses top rating on investments

SINGAPORE - Warren Buffett's Berkshire Hathaway was stripped of its 'AAA' credit rating, barely hours after General Electric Co lost its top-tier rating, as the global financial crisis pummels America's corporate titans.
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World's richest not so rich, Gates regains top spot

Microsoft Corp founder Bill Gates is the richest man again, overtaking investor Warren Buffett, as the global financial meltdown wiped out $2 trillion from the net worth of the world's billionaires, Forbes Magazine said on Wednesday.
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Even Bill Gates feeling the economic pinch

NEW YORK - Even billionaire Bill Gates may be feeling the pinch these days. The value of Gates' investments fell by $3 billion, or almost 20 percent, in the fourth quarter as the worst financial crisis in decades and a deepening recession hammered stock prices. The investments of the Bill & Melinda Gates Foundation fell 19 percent to $9.07 billion, while those of Cascade Investment LLC, Ga...
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Bill Gates' charity takes hit in crisis, will boost spending

Bill Gates, now working full time at his philanthropic foundation - the world's largest - says its assets lost 20 percent of the their value in 2008, but said spending would increase as it seeks to tackle global inequity ranging from education, to health issues.
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Recession hits big tech shows

The four-day Consumer Electronics Show in Las Vegas and the anticipated Macworld event that start tomorrow are expected to draw fewer visitors as the weak economy drains corporate travel and marketing budgets.
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Bill Gates bids a teary farewell to Microsoft

Bill Gates said a teary goodbye on Friday to Microsoft Corp, the software maker he built into the world's most valuable technology company based on the ambitious goal of placing a computer on every desk and in every home.
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Microsoft expands its Web services for businesses

Microsoft Corp, faced with Web rivals looking to poach its business customers, said on Sunday it plans to broaden the availability of its online services for e-mail and collaboration software. Last year, Microsoft started subscription-based online services to run its Exchange corporate e-mail program and SharePoint collaboration software on Microsoft's own computer systems as an alternative to customers buying their own hardware to run licensed software.

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