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Bill Gates’ ‘hand in pocket’ draws criticism in South Korea

Microsoft founder Bill Gates’ casual style was the subject of criticism in some South Korean media Tuesday after he shook hands with President Park Geun-Hye, with one hand in his pocket. The picture of the meet-and-greet between Gates and Park Monday was splashed on the front page of every national…

Bill Gates seeks to help the world’s poor with ‘next-generation condom’

The Bill & Melinda Gates Foundation is offering big bucks in hopes of spurring the development of a new condom for men or women, Fox News reported. The offer was made as part of Round 11 of the charity’s Grand Challenges Explorations Initiative, a program that seeks to help the…

Bill Gates: ‘I wouldn’t ever choose to run for political office’

Microsoft co-founder turned global philanthropist Bill Gates said Tuesday that he will focus on charity rather than running for US presidency. “I wouldn’t ever choose to run for political office,” said Gates at the annual Abu Dhabi Media Summit held in the Emirati capital. By running the Bill & Melinda…

Bill Gates still richest person in U.S., says Forbes

NEW YORK — Bill Gates remains the richest person in the United States with a fortune of $66 billion in 2012, up 10 percent from last year, Forbes magazine said Wednesday. Behind the Microsoft co-founder and philanthropist come investment guru Warren Buffett with $46 billion, then Oracle co-founder Larry Ellison…

11 more American billionaires join Gates, Buffett charity pledge

Eleven billionaires added their names Tuesday to the effort by Bill Gates and Warren Buffett to donate half their fortunes to charity, bringing the total to 92. The newest members of the club include Netflix chief executive Reed Hastings, Intel co-founder Gordon Moore, and Charles Bronfman, the Canadian-born former head…

Bill Gates kicks off search for toilet of the future

Microsoft co-founder turned global philanthropist Bill Gates on Tuesday launched a search for a new toilet better suited to developing countries. The charitable foundation founded by Gates and his wife kicked off a “Reinvent the Toilet Fair” in Seattle and awarded prizes for promising innovations. “Toilets are extremely important for…

AIDS charity honors Bill Gates on eve of global conference

Leading AIDS charity amfAR honored Microsoft tycoon Bill Gates on the eve of the International AIDS Conference, for his part in funding an ongoing struggle against the disease. At a gala dinner at the Kennedy arts center Saturday, Gates accepted the Award of Courage on behalf of all scientists, health…

Are tech moguls the modern robber barons?

John Naughton asks whether today’s captains of industry – the wealthy and powerful figures who control the digital universe – are any different from the ruthless corporate figures of the past.  Here’s an interesting fact: 10 of the people on Forbes magazine’s tally of the world’s 100 richest billionaires made their…

Corporations have a big advantage when it comes to ‘big data’

Computers are spewing forth data at astronomical rates about everything from astrophysics to internet shopping. And it could be hugely valuable, writes John Naughton One of the most famous quotes in the history of the computing industry is the assertion that “640KB ought to be enough for anybody“, allegedly made…

Bill Gates pledges $750 million to troubled AIDS fund

DAVOS, Switzerland (Reuters) – Microsoft chairman and philanthropist Bill Gates pledged a further $750 million to the troubled global AIDS fund on Thursday and urged governments to continue their support to save lives. “These are tough economic times, but that is no excuse for cutting aid to the world’s poorest,”…

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