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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.

CORRECTED: Berkshire loses top rating on investments

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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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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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Gates calls for creative capitalism

Microsoft Corp Chairman Bill Gates called on Thursday for a new creative capitalism to help the world's 1 billion poorest who live on less than $1 a day.
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Microsoft won't launch iPhone rival: report

Microsoft will not launch a product that competes directly with Apple's iPhone, Chairman Bill Gates said in an interview with Germany's Frankfurter Allgemeine Zeitung. No, we won't do that. In the so-called smart phone business we will concentrate solely on software with our Windows Mobile program, Gates was quoted as saying in the interview published on Wednesday.
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Gates eyes next digital decade

Microsoft Corp Chairman Bill Gates at the world's largest technology show predicts that his industry is on the cusp of the next digital decade.
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Get Ready for Gadget, High-Tech Heaven at CES

Gadget lovers and technology enthusiasts will get a mega dose of new product announcements for the coming year as the International Consumer Electronics Show, the biggest U.S. trade show, opens Sunday night in Las Vegas with more than 140,000 people expected to attend.
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Microsoft's Piracy Fight Gains Momentum in China

The software company co-founded by Microsoft Chairman Bill Gates nearly two years ago is seeing the benefits of more stringent intellectual property policies in China, with a decline in piracy rates and improved results at its mainstay Windows division.
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Steel king Lakshmi Mittal beats Ambani brothers to retain richest Indian crown

Steel king Lakshmi Mittal beats Ambani brothers to retain Steel tycoon Lakshmi N. Mittal, owner of the world’s largest steel group, ArcelorMittal, has topped the Indian rich list for the fourth year in a row, beating the Reliance brothers - Mukesh and Anil Ambani - with a fortune worth $51 billion, popular business and lifestyle magazine Forbes said.
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Microsoft's Ballmer defends Facebook stake

Microsoft Corp Chief Executive Steve Ballmer said on Monday his firm's acquisition of a 1.6 percent stake in socializing Web site Facebook for $240 million was an important investment, not a mistake.
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Microsoft shares jump on forecast

Microsoft Corp lifted its full-year forecasts and posted 23 percent quarterly profit growth on Thursday, topping analysts' estimates on strong sales of Halo 3 and Vista, and sending its shares up 11 percent.
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Microsoft launches Halo 3

Microsoft Corp began selling Halo 3 on Tuesday, hoping the acclaimed alien shooter game will widen its lead over Sony Corp in the battle for industry dominance.
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Be a banker online, starting with $25 loans

Fueled by last year's Nobel Prize for a man nicknamed banker to the poor, microlending to small businesses in the world's poorest countries is booming as individuals discover they can be their own mini World Bank.c
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Microsoft says some way to go on software piracy

Microsoft Corp. said on Friday it may take decades to tackle software piracy in large emerging economies despite some recent progress and called on Asian governments to invest more in policing the practice.
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Fake Steve Jobs blogger exposed as Forbes editor

A blogger calling himself 'Fake Steve Jobs,' whose parody of the Apple Inc. chief executive amused and enthralled Silicon Valley, revealed himself on Sunday as an editor of Forbes business magazine.
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GE, Pearson drop Dow Jones takeover pursuit

General Electric Co. and Pearson Plc said on Thursday they will not pursue a joint offer for publisher Dow Jones & Co. Inc., removing a potential challenge to a $5-billion bid by Rupert Murdoch's News Corp.

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