Bill Gates

Microsoft chairman Bill Gates, who dropped out of Harvard about 30 years ago, received an honorary law doctorate from his old school on Thursday.

Luxury Hotel chain Four Seasons Hotel Inc. (NYSE: FS), said Monday it had agreed to be bought for $3.37 billion by a group of private investors which include Microsoft Chairman Bill Gates, and Saudi Prince Alawaleed Bin Talal Bin Abdulaziz Alsaud.

The Four Seasons Hotel announced today that it has been approached by a consortium of investors to take the company private.

Oracle Corp. Chief Executive Larry Ellison showed his notorious competitive streak Tuesday, when the business software maker reported first-quarter profit jumped 29 percent and revenue soared 30 percent.

Africa needs better infrastructure in order to maintain the continent's social and economic balance, former UN ambassador Andrew Young said in an interview with the World Bank on Tuesday.

Global companies extending their networks into Africa will find it a challenge to establish easy telecom links in comparison to the better established systems in the U.S., Europe or Asia. While mobile phone use is growing rapidly across the continent, fixed-line density is low and Internet access is limited.

Microsoft's Bill Gates made an announcement last month that marked the beginning of the end of an era. For over 30 years Gates has maintained an influential voice in shaping the company that he co-founded. It stands today as the world's largest software maker.

Software giant Microsoft and South Africa's cellular group Mobile Telephone Networks (MTN) announced on Tuesday a collaboration to provide affordable internet connection services in South Africa.

U.S. stocks slid on Friday after another warning from a Federal Reserve official about inflation, giving investors more reason to think the Fed will keep raising interest rates.

Microsoft Corp. Chairman Bill Gates told a ballroom full of U.S. newspaper editors he's developing onscreen reader software that will make reading news digitally a lot more like flipping through a paper.