SoylentNews is people
SoylentNews
Bill Gates steps down from Microsoft board to focus on philanthropy
Microsoft co-founder Bill Gates is stepping down from the company's board to spend more time on philanthropic activities.
He says he wants to focus on global health and development, education and tackling climate change.
One of the world's richest men, Mr Gates, 65, has also left the board of Warren Buffett's massive holding company, Berkshire Hathaway.
Mr Gates stepped down from his day-to-day role running Microsoft in 2008.
Also at CNBC.
This discussion has been archived.
No new comments can be posted.
Bill Gates Steps Down from Microsoft's Board
|
Log In/Create an Account
| Top
| 40 comments
| Search Discussion
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
Grelb's Reminder:
Eighty percent of all people consider themselves to be above
average drivers.
(Score: 3, Interesting) by canopic jug on Sunday March 15 2020, @04:59AM
What is in the pipes that he is afraid of and why is he timing the announcement to hide it? Will he continue to put in "a third of his time" at M$, or will that go away, too?
His retreat was announced quietly, late on a Friday afternoon. Overshadowed by an discussion of just-announced national emergency. Apparently, even microsofters were not informed in advanced. So it looks like the timing is intended to make this event as low-key as possible, which make me wonder at the reasons. Each time he has stepped back, it has been in advance of some catastrophe for him.
Azure is probably still tanking financially. That would be one guess. Another could be the many thousands of pages long police report that Seattle has on him. That would be another guess. After many years of Enron-style accounting, it might not be possible to hide bankruptcy if M$ loses the bailout disguised as the JEDI contract gravy train. What else could it be?
It is also interesting that he needs distance from Berkshire-Hathaway, or vice versa.
Money is not free speech. Elections should not be auctions.