Tag: Bill Gates

Japan to help with Bill Gates’ next-gen nuclear power project

TOKYO, Japan (AFP) – Mitsubishi Heavy Industries said Thursday it will work with Japan’s atomic energy agency to provide technical assistance to a US start-up run by Bill Gates that is building a next-generation nuclear reactor in Wyoming. American billionaire Gates is the founder and chair of TerraPower, which plans to build its plant in the US state by 2028 using a new technology called Natrium, touted as a “carbon-free, reliable energy solution”. The Japanese […]

UK outlines net-zero strategy and green investment plans

by Joe JACKSON Agence France-Presse LONDON, United Kingdom (AFP) – Prime Minister Boris Johnson on Tuesday urged foreign investors to buy into post-Brexit Britain as he seeks to power future prosperity on renewable energy and green technology. His government also outlined more detailed plans to reach net-zero carbon emissions by 2050, including a drive towards electric vehicles. The moves are part of a £90 billion ($125 billion, 107-billion-euro) plan that ministers say will support 440,000 […]

Bill Gates raises over $1 billion for clean energy

NEW YORK, United States (AFP) — Bill Gates’s nonprofit group Breakthrough Energy announced Monday that it has raised more than $1 billion from seven major companies, including ArcelorMittal and General Motors, to fund clean energy development. Early participants in the initiative, dubbed “Catalyst,” also include American Airlines, Bank of America, BlackRock, Boston Consulting Group and Microsoft. The amount raised so far tops $1 billion and has been given in the form of grants, shares and […]

Microsoft co-founder Bill Gates leaves board

  SAN FRANCISCO, United States (AFP) — Microsoft on Friday announced that co-founder Bill Gates has left its board of directors to devote more time to philanthropy. The 64-year-old stopped being involved in day-to-day operations at the firm more than a decade ago, turning his attention to the foundation he launched with his wife, Melinda. Gates served as chairman of Microsoft’s board of directors until early in 2014 and has now stepped away entirely, according […]

Microsoft missed mobile dominance by ‘tiny’ margin: Gates

WASHINGTON, United States (AFP) — Microsoft missed its chance to be the dominant firm in mobile technology because it was “distracted” during a lengthy antitrust battle with US authorities, company co-founder Bill Gates said Monday. Gates, speaking at a forum in Washington, said Microsoft would be even more valuable if it had won the battle over operating software for mobile devices against Google and its Android platform. “We were in the field of doing operating […]

Poverty not an obstacle to excellent healthcare in Africa: Gates

ADDIS ABABA, Ethiopia (AFP) — Billionaire philanthropist Bill Gates said Sunday that excellent basic healthcare that would prevent easily treatable but deadly conditions was achievable even in Africa’s poorest nations. “The good news about health is that by spending modest amounts on the prioritized areas, you can get phenomenal benefits,” he told AFP on the sidelines of the African Union summit in Addis Ababa. “You don’t have to get all the way to middle-income before […]

Microsoft co-founder Paul Allen dies of cancer: family

SAN FRANCISCO, United States (AFP) — Billionaire Paul Allen, who founded US software giant Microsoft with Bill Gates in the 1970s, died Monday after his latest battle with cancer. He was 65. “My brother was a remarkable individual on every level. While most knew Paul Allen as a technologist and philanthropist, for us he was a much loved brother and uncle, and an exceptional friend,” Allen’s sister Jody said in a statement. “Paul’s family and […]

To fight poverty, world should invest in Africa’s youth: Bill Gates

UNITED NATION, United States (AFP) — The world should help Africa invest in its people as the continent confronts a demographic boom, said billionaire philanthropist Bill Gates, whose foundation released its annual report on Tuesday. Gates put forward a “simple idea” that investing in the health and education of Africa’s younger generation would help tackle poverty. The Bill and Melinda Gates Foundation released its annual “Goalkeepers” report measuring progress towards achieving UN poverty-reducing goals in […]

Bezos tops Forbes world’s rich list as Trump wealth drops

PARIS, France (AFP) — Amazon chief Jeff Bezos is now the world’s richest person, having snatched the top spot from Microsoft founder Bill Gates who slips to second place, according to Forbes magazine’s annual billionaires list published Tuesday. US President Donald Trump’s ranking on the list fell to 766th place from 544th in the last edition, his wealth now being estimated at $3.1 billion, $400 million less than a year ago. Thanks to a 59-percent […]

Bill Gates giving $50 million for Alzheimer’s research

WASHINGTON, United States (AFP) — Microsoft co-founder Bill Gates announced Monday that he is investing $50 million to fund research into treatment for Alzheimer’s disease. Gates, in an entry on his blog, said he was making the investment from his personal fortune and not with his charitable Bill & Melinda Gates Foundation. “Of all the disorders that plague us late in life, one stands out as a particularly big threat to society: Alzheimer’s disease,” Gates […]

South Korea’s ‘Bill Gates’ seeks to break political mould

by Park Chan-Kyong,  Agence France Presse SEOUL, South Korea (AFP) — One of the main challenges to the frontrunner in South Korea’s presidential race is an IT multi-millionaire who has given away much of his fortune and is now looking to break the country’s political mold. Ahn Cheol-Soo was pursuing medical studies at the prestigious Seoul National University in 1988 when his computer became infected with Brain, regarded as the first widespread technological virus. Burning […]

President Duterte wins TIME 100 online poll

(Eagle News) — President Rodrigo Duterte has won Time 100’s online poll, edging out the likes of Canadian Prime Minister Justin Trudeau, and Facebook chief executive officer Mark Zuckerberg, among others. Duterte took five percent of the total “yes” votes in the online survey, which aims to determine whom readers want in the annual list of 100 most influential people in the world released by the publication. The poll opened on March 24, and closed on April […]