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January 25, 2010

Bill Gates: Full economic recovery could take years

Bill Gates: Full economic recovery could take years

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Monday, January 25, 2010

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File photo of Bill Gates.

Bill Gates, the world’s richest man and chairman of Microsoft, has said that he thinks it could take several more years for the global economy to rebound after the recent recession, which most economists believe began in late 2008.

Gates made the remarks while speaking earlier today in a televised interview with ABC’s Good Morning America. “When you have a financial crisis like that, it’s years of digging out. The budget’s very, very out of balance,” the billionaire commented. “And even as the economy comes back, without changes in tax and entitlement policies, it won’t get back into balance. And at some point, financial markets will look at that and it will cause problems.”

“Taxes are going to have to go up and entitlements are going to have to be moderated,” he added. “We’re having a slow recovery and everybody’s frustrated by the pace of the recovery. But I don’t think the government could change and magically make it speed up a lot. If you try to do too much, it can distort things. The government’s role is more of a long term role, investing in education.

“We need leadership for these long-term trade-offs and I’m hoping that won’t cut back a few key areas like aid to poor countries. But there’s going to be cutbacks. We’re seeing this at the state level right now, and so far it’s not being handled very responsibly.”

Gates’ comments come two days before US president Barack Obama’s State of the Union speech, expected to focus on the current economic situation, as well as the need to create more jobs. Three days from now, meanwhile, Microsoft is scheduled to announce it earnings for the fiscal second quarter of the year.



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February 5, 2009

Bill Gates releases mosquitoes during conference for malaria awareness

Bill Gates releases mosquitoes during conference for malaria awareness

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Thursday, February 5, 2009

Gates at the World Economic Forum in Switzerland in 2008.
Image: World Economic Forum.

Bill Gates, the founder of computer software company Microsoft, tried to bring attention to malaria while speaking at the TED (Technology, Entertainment, Design) conference on Wednesday February 4 in Long Beach, California. He did so by releasing a “swarm” of mosquitoes from a jar, into the crowd.

“Malaria is spread by mosquitoes. I brought some. Here I’ll let them roam around. There is no reason only poor people should be infected,” said Gates as he opened the jar. After waiting a minute, Gates then stated that the mosquitoes were not infected with the disease.

“There is more money put into baldness drugs than into malaria. Now, baldness is a terrible thing and rich men are afflicted. That is why that priority has been set,” said Gates jokingly.

The prank was first reported by Dave Morin, Facebook‘s manager, on the social networking and micro-blogging site Twitter. Morin stated that “Gates just released mosquito[e]s into the audience at TED and said: ‘Not only poor people should experience this,'” followed by a smiley face.

Gates donated nearly US$170 million to the PATH Malaria Vaccine Initiative in September 2008 to fund research to fight malaria, and develop a vaccine.

The TED conference, held annually, features, among other things, the latest in technology, science, and politics. People who have previously spoken at the conference include former United States president Bill Clinton and former vice president Al Gore.



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March 23, 2007

Bill Gates to receive honorary degree from Harvard University

Bill Gates to receive honorary degree from Harvard University

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Friday, March 23, 2007

Bill Gates, 2004.

Bill Gates, co-founder and chairman of Microsoft Corporation, will be presented with an honorary degree from Harvard University, on June 7, during the university’s 356th commencement proceedings. Gates is to deliver the commencement address for the event.

Although Gates enrolled at Harvard in 1973, he left soon after to focus on the development of Microsoft. Gates is, nonetheless, a member of the Harvard Class of 1977.

In a Harvard University Gazette article announcing the commencement event, the accomplishments of Gates, in both business and philanthropy, were highlighted.

“I am very pleased that the Harvard community will have the opportunity to hear from Bill Gates on June 7,” said Paul Finnegan, president of the Harvard Alumni Association. “His contributions to the world of business and technology, and the great example he has set through his far-reaching philanthropy, will rightfully put him on center stage in Harvard Yard. I look forward to greeting him in June.”

In 2000, Gates founded, with his wife, The Bill & Melinda Gates Foundation (B&MGF). A charitable foundation, the B&MGF focuses on worldwide health care and poverty issues. The foundation manages currently more than $30 billion in endowments.

Founded in 1636, Harvard University is the oldest institution of higher learning in the United States.

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October 16, 2006

Microsoft backtracks on Vista delay accusations

Microsoft backtracks on Vista delay accusations

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Monday, October 16, 2006

MS logo

Last month Microsoft Corporation made accusations against the European Commission, stating that it may cause delays in the final release of their latest operating system, Windows Vista (formerly known as Longhorn).

Microsoft’s general counsel, Brad Smith, stated:

We recognize that the European Commission does not give ‘green lights’ for new products, and we have not asked for one. We appreciate the constructive dialogue we have had with the Commission and the guidance the Commission has provided,” Smith added. Based on this guidance, we have made changes to ensure that we’re in compliance with our competition law obligations.“.

The news should be welcomed by all those anticipating Windows Vista within the European community, with Microsoft showing compliance to follow the regulations set out by the European Commission.

The entire debate started when Microsoft were responding to a letter received by the European Competition Commissioner, Neelie Kroes, that showed concerns over “The possible bundling into Vista of certain products, such as internet search and certain security features that are currently available on a standalone basis from Microsoft and other vendors“. In July, Smith had made a statement that Microsoft had offered to create changes to its system to comply with the commission, and that it had asked the commission to state which changes would make Vista apply to its standards and regulations.

We told the Commission that we would be prepared to do any one of four things and they could simply tell us which of those things they wanted us to do” said Smith.

Since Bill Gates announced the removal of WinFS from its new operating system in October 2003, the company has been plagued by many setbacks and legal issues. Only time will tell whether Brad Smith’s announcement from Microsoft is entirely truthful instead of a way of covering Microsoft’s back.


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August 15, 2006

AIDS Conference: Clinton and Gates defend Bush program

AIDS Conference: Clinton and Gates defend Bush program

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Tuesday, August 15, 2006

Bill Clinton
Bill Gates

On Tuesday, at the XVI International AIDS Conference in Toronto, Canada, both former President Bill Clinton and Microsoft founder/chairman Bill Gates defended President George W. Bush and his Adminstation’s PEPFAR program.

Clinton said that the United States is spending more to fight HIV than any other government. He did criticize the program, saying that 33% of PEPFAR funds are dedicated to abstinence-only programs. Clinton said he does not believe that abstinence-only programs work. Also, he spoke out against a US law that requires organizations that apply for PEPFAR funds to pledge to oppose prostitution.

“I wish they would just amend the law and say ‘we disapprove of prostitution but here’s the money – go save lives’,” said Clinton.

“The President’s Emergency Plan for AIDS Relief has done a great deal of good, and President Bush and his team deserve a lot of credit for it,” Gates said.

PEPFAR, which Bush unveiled in 2003, is to spend $15 billion over five years in 15 target countries. It provides medicine to HIV patients, distributes condoms and funds programs run by many aid groups. It is the largest international health initiative in history initiated by one nation to address a single disease.

Related news

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August 13, 2006

International AIDS conference begins in Toronto

International AIDS conference begins in Toronto

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Sunday, August 13, 2006

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Twenty-four thousand delegates from over 132 countries are expected to attend the 16th International AIDS Conference in Toronto this week

Delegates include scientists, politicians, health care workers, government and non-governmental officials, people with AIDS and celebrities. In attendance will be Bill and Melinda Gates, Bill Clinton, Richard Gere, Olympia Dukakis and Sandra Oh.

The theme of the conference is “Time to Deliver” and is meant to focus attention on the need to meet past promises to increase funding for treatment, care and prevention. The conference began on August 13th and is scheduled to end on August 18th.

There is growing frustration with the failure of developed countries to provide drugs to combat the AIDS crisis in the developing world, particularly Africa.

“What the Western world has to do is deliver on its promises, which it never does. It always betrays the people of Africa,” Stephen Lewis, the UN secretary general’s special envoy for HIV-AIDS in Africa, told CBC News.

In the week leading up to the conference, Microsoft founder and philanthropist Bill Gates announced a donation of US$500 million spread over five years to the Global Fund to Fight AIDS, Tuberculosis and Malaria. Gates and former US President Bill Clinton will be sharing the podium during this week’s conference.

International AIDS conferences have usually been attended by world leaders, particularly the leader of the host country. Canadian Prime Minister Stephen Harper has been criticized for snubbing the conference by sending his health minister, Tony Clement, to attend in his place. The prime minister, who is touring Canada’s far north this week, officially declined his invitation to attend three weeks ago.

“It’s a dreadful mistake in political judgment, and it’s not excusable,” said Lewis, who was Canada’s Ambassador to the United Nations in the 1980s. “It’s a lost opportunity to tell the world how Canada feels about this pandemic.

“The Arctic sovereignty issue will still be there on August 18 (when the AIDS conference ends),” said Lewis. “Forty million people worldwide carry this virus, and most will die preventable deaths. What greater scourge is there than that?”

This is the second major international event Canada has hosted which Harper has snubbed. Last month, he did not appear in Montreal for the 2006 World Outgames, a celebration of elite gay, lesbian, and transgendered athletes.

The AIDS conference is expected to be the largest in history and will be ten times the size of the first which was held in Atlanta in 1985. It has become a biennial event and is convened by the International AIDS Society (IAS), an independent association of HIV professionals, with more than 7,000 members from 153 countries.

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June 15, 2006

Bill Gates to step down from daily roles by July 2008

Bill Gates to step down from daily roles by July 2008

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Thursday, June 15, 2006

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Bill Gates will step down from his daily roles at Microsoft by July 2008. Gates, who founded the company, has been running it for three decades now. Gates plans to spend more time working on health and education at the Bill & Melinda Gates Foundation.

Taking place immediately, Ray Ozzie, Chief Technical Officer, will assume the title of chief software architect. Also happening immediately, Craig Mundie, Chief Technical Officer, will become chief research and strategy officer.

Gates said “Our business and technical leadership has never been stronger, and Microsoft is well-positioned for success in the years ahead. I feel very fortunate to have such great technical leaders like Ray and Craig at the company. I remain fully committed and full time at Microsoft through June 2008 and will be working side by side with Ray and Craig to ensure that a smooth transition occurs.”

Gates, who will remain chairman of the corporation, also said he believes “the road ahead for Microsoft is as bright as ever.”

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April 24, 2006

Oil prices drive new investment in clean technology

Oil prices drive new investment in clean technology

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Monday, April 24, 2006

Investors are rushing to fund new ventures in renewable energy as Americans continue to see rising gasoline prices at the pump. The price for crude oil continues to rise to new record highs ($75 per barrel of crude oil on NYMEX as of Friday’s close). According to the results of a survey reported by the San Francisco Gate, in the 1st Quarter of 2006 investments in the clean technology sector has increased by 13% to $3.36 Billion in the US. In addition to attracting venture capital, clean technology companies are receiving a buzz from high profile investors.

Bill Gates, Founder of Microsoft, announced last week that his venture group (Cascade Investments) initiated the purchase of 25.5% ownership in Pacific Ethanol Inc. Pacific Ethanol is an ethanol production company that plans to expand operations by opening a new facility in California. Gates is not alone in high profile investments into the clean energy market, Bob Metcalfe (Founder of 3COM and Inventor of Ethernet), who acts as the managing partner of Polaris Ventures, announced the VC’s first investment into the energy market. Polaris, which manages over $3 Billion in funds, invested $6.8 million into GreenFuel Technologies Corporation of Cambridge, MA. GreenFuel Technologies is an emissions to biofuels company, that utilizes natural algae in their patented bioreactors to turn greenhouse gas emissions from power plants into rich bio fuel. Polaris’s investment into GreenFuel was part of the company’s $18 Million Series B financing round that also included a high profile venture capital investor: Draper Fisher Jurvetson. When asked about the new industry venture, Bob Metcalfe said, “Energy has got to be one of the top five problems the world faces, and it’s been frustrating to watch activists and politicians fail to solve the problem,…Now it’s time for the entrepreneurs and scientists to give it a try.”

According to the International Energy Association, demand for renewable energy fuels will more than quadruple in the next decade. The current jump in oil prices is fueling investment into this relatively new market as investors view clean technology as an emerging opportunity rather than a public relations campaign. As gasoline prices continue to rise, alternative fuels become respectively cheaper and more attractive. In his latest State of the Union Address, President Bush outlined a plan to direct new investment into ethanol production and other clean technologies. According to a poll conducted by CBS News, Americans now see gas prices as one of their top three main concerns. With pressure coming from constituents, politicians are beginning to exert pressure on new spending on renewable technology to promote energy independence. Yet another front in this debate is that of environmental concern. With global warming on the rise, and many European governments eagerly searching for a Carbon Dioxide solution, the promise of reducing these emissions by 46% (as claimed by GreenFuel’s bio reactor system) begins to resonate as a promising environmental and business opportunity.

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  • “Oil prices surge over $75 a barrel to a record high” — Wikinews, April 21, 2006

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July 2, 2005

Live 8 concerts around the world to \”End Poverty Now\”

Live 8 concerts around the world to “End Poverty Now”

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Saturday, July 2, 2005

The Live 8 Concert in Rome, Italy

Massive music concerts took place around the planet under the Live 8 banner in an effort to put pressure on the leaders of the eight richest countries in the world to end global poverty.

All concerts were timed to take place between noon and 10pm local time, with over a million people expected to attend concerts in Britain, France, Germany, Italy, Japan, the US, Canada, South Africa and Russia. The events were broadcast to a potential audience of five and a half billion people world-wide.

The largest concert was in the US in Philadelphia where, over the course of 7 hours, hundreds of thousands of people gathered to watch Stevie Wonder, Kanye West, Destiny’s Child, Dave Matthews Band, and Black Eyed Peas among others. Philadelphia native Will Smith both performed and was the opening presenter. Peak attendance, the maximum amount of people believed to be watching Live 8 on the Benjamin Franklin Parkway at a given time, is estimated to have been between 600,000 and 800,000.

In Hyde Park in London, 205,000 people watched acts including Elton John, Madonna, Coldplay, Robbie Williams and Pink Floyd. The concert was opened by Sir Paul McCartney and U2 playing Sgt. Pepper’s Lonely Hearts Club Band – the first time the song has ever been performed live by a Beatle. It ended at 11.58pm with all of the acts coming on stage to sing one last time.

Live8.jpg

Bill Gates – founder of Microsoft and the richest man in the world (owning $46.5 billion) – appeared on the London stage to discuss the challenges facing the world, before introducing Dido. Later, Kofi Annan, the Secretary-General of the UN addressed the audience, thanking them for their support.

However, the first concert to open – in Japan – only drew 10,000 spectators, disappointing many.

The concerts follow on 20 years after the Live Aid concert organised by Bob Geldof, which was created to raise money for famine victims in Ethopia.

By contrast, the aim of Live 8 – also organised by Geldof – is not fund-raising but instead to apply pressure to the leaders of the G8 to end world poverty, which claims the lives of 50,000 every day.

The Live 8 organisers are urging the G8 to:

  1. Double the aid sent to the world’s poorest countries,
  2. Fully cancel their debts,
  3. Change the trade laws so that they can build their own future.

The Finance Ministers of the G8 agreed a plan last month to cancel the debt of 18 of the poorest countries to the IMF, the World Bank and the African Development Fund, but are requiring other countries to end political and financial corruption before they become elegible for debt relief.

On Thursday the President of the United States, George W. Bush, announced that the US will double US aid to Africa by 2010 – increasing to $8.6 billion a year. Bob Geldof welcomed the news, saying “This is the first time we have heard this sort of language.

“This is very, very positive indeed.”

Line-up

London, United Kingdom

Crowd: 205,000

  • U2
  • Pink Floyd
  • Paul McCartney
  • Coldplay
  • Madonna
  • Sting
  • Robbie Williams
  • Dido
  • Elton John
  • Keane
  • Annie Lennox
  • Mariah Carey
  • Scissor Sisters
  • Joss Stone
  • Stereophonics
  • REM
  • Velvet Revolver
  • Bob Geldof
  • The Killers
  • The Cure
  • Snow Patrol


Berlin, Germany

Crowds at Tiergarten, Berlin

Crowd: 100,000

  • Crosby, Stills and Nash
  • Lauryn Hill
  • Brian Wilson
  • A-ha
  • Bap
  • Die Toten Hosen
  • Peter Maffay
  • Green Day


Philadelphia, United States

Crowd: 800,000 – 1,000,000

  • Will Smith (Host)
  • Bon Jovi
  • Dave Matthews Band
  • Stevie Wonder
  • P. Diddy
  • Maroon 5
  • Toby Keith
  • Jay-Z
  • Linkin Park
  • Sarah McLachlan
  • Rob Thomas
  • Keith Urban
  • 50 Cent
  • Kaiser Chiefs


Paris, France

Crowd: 200,000

  • Jamiroquai
  • Youssou N’Dour
  • Yannick Noah
  • Placebo
  • Craig David
  • Andrea Bocelli
  • Calogero
  • Kyo
  • Axelle Red
  • David Halliday
  • Manu Chao
  • Renaud


Rome, Italy

With temperatures in the 30s, fans went through a lot of water at the Live 8 concert in Rome

Crowd: 100,000

  • Duran Duran
  • Faith Hill
  • Tim McGraw
  • Irene Grandi
  • Jovanotti
  • Nek
  • Laura Pausini
  • Vasco Rossi
  • Zucchero


Several Italian bands really got the crowd going, but foreign bands such as Tim McGraw and Faith Hill were poorly received by the crowd.

Moscow, Russia

Crowd: 200,000

  • Pet Shop Boys
  • Spleen
  • Moral Code X

Barrie, Canada

Crowd: 35,000

  • Neil Young
  • Bryan Adams
  • Celine Dion
  • Motley Crue
  • Simple Plan

Johannesburg, South Africa

Crowd: 40,000

  • Oumou Sangare
  • Zola

Tokyo, Japan

Crowd: 10,000

  • Björk
  • Good Charlotte

In Cornwall

Crowd: 5,000

  • Daara J
  • Siyaya
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This was all Afrcan musicians plus Dido, guesting with Senegalese superstar Youssou N’Dour.

The Eden centre turned out to be an excellent site for TV or rather a web stream.

WOMAD was involved so there may be a record.

There was a weblink to South Africa and a live message from Nelson Mandela.

Archived video

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March 2, 2005

Bill Gates receives honorary knighthood

Bill Gates receives honorary knighthood – Wikinews, the free news source

Bill Gates receives honorary knighthood

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Wednesday, March 2, 2005

Bill Gates, founder of the software giant Microsoft, has been made a Knight Commander of the Order of the British Empire in recognition of his business skills and work on poverty reduction. He received the title on Wednesday, March 2, at a private meeting with Queen Elizabeth.

Now at age 48, Bill Gates is the world’s wealthiest man, according to Forbes Magazine. Bill Gates rose to fame in the early nineties as the CEO of Microsoft, the maker of Microsoft Windows 95, the world’s best selling computer operating system at the time.

Though Mr. Gates has now been knighted, he cannot use the term Sir since he is not a citizen of the United Kingdom. He can instead place the letters KBE after his name. If he chooses to become a subject of the Queen in the future, he can have his title upgraded to Sir.

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