US need not fear India and China: Bill Gates
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BERKELEY: The US has nothing to fear from rapidly growing technology markets in India and China, Bill Gates, chairman and chief software architect of Microsoft said.
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Rich nations should not discriminate against sovereign wealth funds from the developing world and must guard against protectionist sentiment, a senior Chinese official said in remarks published on Monday.
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You don't need to be Bill Gates to make a difference. Some suggestions:
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Robert Gates is unlikely to rein in the Pentagon's controversial post-September 11 expansion into intelligence, despite concerns the U.S. military is ill-suited for espionage outside the battlefield, experts say.
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Efforts by countries like China to restrict the exchange of information on the Internet are ultimately doomed to failure, Microsoft chairman Bill Gates said in a speech.
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SHANGHAI/SEATTLE  - In his first official visit to the United States in 2006, China President Hu Jintao arrived for dinner at Microsoft Corp.  Chairman Bill Gates' house with a gift for the host.
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(InfoWorld) - General Electric CEO Jeffrey Immelt warned an audience of Indian business leaders Friday that India's strong economic growth wouldn't come at the expense of the economic health of countries like the U.S. Immelt made the remarks at the Global Alumni Conference of the Indian Institute of Technology (IIT), which drew close to 4,000 people to Santa Clara, California. IIT, with seven campuses throughout India, has 100,000 alums worldwide, about 25,000 of whom live and work in the U.S. Immelt acknowledged that the offshoring of U.S. positions to India has cost the nation jobs and reduced its manufacturing base. But Indian companies need to grow enough to expand globally, creating jobs in the U.S. "The challenge to India is can the standard of living of India grow by a hundredfold without the standard of living of America going down at the same time?" Immelt said in a keynote address. "India's ability to figure out the win-win, to figure out a way the whole pie gets bigger, that it's not just taking from one place to the other, that in the end is going to determine whether this will be the Indian century." Immelt cited Japanese companies like Toyota and Canon that succeeded by expanding beyond Japan's borders to invest in global markets. He encouraged Indian companies to pursue the same strategy. Of GE's total work force of 300,000, 13,000 live and work in India, and the company plans to add 4,000 jobs there over the next few years. While India's economy is growing, Immelt said it still needs significant new investment in infrastructure, including roads, power plants, and other facilities. GE specializes in infrastructure technology, including nuclear power reactors and gas turbines as well as medical equipment and jet engines. U.S. Senator Hillary Clinton, a Democratic candidate for president in 2008, cancelled a planned visit to the Global Alumni Conference to give a Friday afternoon address. She received boos from some in the audience when it was announced that she'd speak to them only via a satellite TV link.
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Microsoft CEO Bill Gates gave a glimpse of his future as a philanthropist in a speech in Switzerland on Thursday, calling for a new kind of &quot;creative capitalism&quot; from businesses to help improve the lives of the world&#39;s poorest people.Speaking at the World Economic Forum in Davos, Switzerland, Gates challenged companies worldwide to work with governments and nonprofits to find ways to be charitable and solve the problems of the poorest people without sacrificing their own business needs.&quot;We have to find a way to make the aspects of capitalism that serve the wealthier people serve poorer people as well,&quot; he said, speaking via a webcast from Switzerland.The idea of creative capitalism combines the &quot;two great focuses of human nature -- self-interest and caring for others,&quot; Gates said. By keeping in mind business acumen, corporations can find new and innovative ways to solve major problems for 1 billion of the world&#39;s poorest people, who don&#39;t get enough food or don&#39;t have drinking water or reliable access to medication, which the rest of us take for granted, he said.&quot;This system driven by self-interest is responsible for incredible innovations that improve lives,&quot; Gates said. &quot;But to harness this power to benefit everyone, we need to refine the system.&quot;Gates plans to retire from full-time duties at Microsoft in July and devote most of his time to The Bill and Melinda Gates Foundation, the philanthropic organization he runs with his wife.Gates acknowledged Thursday that profits may not always be possible when companies try to serve the poor, so corporate leaders should change their thinking and not expect that they must make money from new business models around philanthropy. Rather, recognition for the good it does in the world should be enough for a company to take an interest in serving others, because that recognition also has business value.&quot;Recognition enhances a company&#39;s reputation, appeals to customers and attracts good people to an organization,&quot; he said. &quot;In a market where profits aren&#39;t possible, recognition becomes a proxy for profit.&quot;In a question-and-answer period following his speech, Gates said that rather than having goals that are too lofty, companies should focus on the businesses they know -- whether food, drugs, media, or technology -- to work with governments in developing countries to bring resources to the poor.He cited an example of an unnamed Dutch company, sharing its rights to a cholera vaccine to provide the medication to Vietnam for less than $1 a dose, as an example of a company leveraging its core business to bring much-needed resources to the developing world.Gates also mentioned the Red campaign as an example of creative capitalism. The campaign, supported by companies such as the Gap, Motorola, and Armani, was born out of a late-night bar conversation he had with Bono of the rock band U2, according to Gates.The Red campaign gives portions of profits from products sold to raise money for disease treatment programs in Africa. Earlier this week, Dell and Microsoft said they will sell special crimson-red versions of the XPS line of computers as part of the program. To date, Red has provided $50 million to a global fund for treating AIDS and malaria, and nearly 2 million people in Africa are receiving &quot;life-saving&quot; drugs today, Gates said.Prior to the Dell announcement, Microsoft already had been putting Gates&#39; idea of creative capitalism in practice through programs such as &quot;Unlimited Potential,&quot; which aims to promote technology skills and bring computers to emerging markets.Business leaders are not the only ones who will have to change the way they think to put creative capitalism into practice, Gates said. NGOs (nongovernmental organizations) also must be more open-minded about working with businesses to come up with new ways to serve the poor.&quot;Once upon a time the NGOs had a bad attitude&quot; about working with businesses, because they would expect too much from companies and, as a result, companies that worked with NGOs often ended up with their reputations tarnished, he said. While &quot;there is still some of that, the attitudes of both NGOs and the private sector have improved quite a bit,&quot; Gates said.
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Making the world safe from Linux? Microsoft (nasdaq: MSFT - news - people ) Chairman Bill Gates is in Paris this morning, signing an agreement with UNESCO to boost computer literacy in developing countries.
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India is not seeking to contain China and peace and stability in Asia are in the common interest of both the world's fastest-growing major economies, Prime Minister Manmohan Singh said on Tuesday.
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Pentagon chief Robert Gates vowed Monday that the United States will not neglect Pakistan and will work with the government of President Gen. Pervez Musharraf to combat the Taliban in neighboring Afghanistan.
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SINGAPORE -- Bill Gates might not use AOL, but he&#39;s definitely got mail. The Microsoft Corp. chairman receives millions of Internet messages a day, said Steve Ballmer, the company&#39;s chief executive.
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Comment is free: Bill Emmott: The booming economies of China and India are not invulnerable
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U.S. Defense Secretary Robert Gates expressed concern on Thursday about the increasing sophistication of China's military and called on Beijing to be more open about its intentions.
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InfoWorld - MOUNTAIN VIEW, Calif. --&#160; Microsoft Chairman and Chief Software Architect Bill Gates, during an appearance here Friday at the Computer History Museum, expressed no fear of Linux usurping Windows in the software industry.
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Microsoft Corp. Chairman Bill Gates said today he feels "deep anxiety" over the ability of the U.S. to compete globally, and said the country is risking its technology leadership because of failures in its education system and immigration policies and inadequate research spending.
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SINGAPORE -- Defense Secretary Robert Gates today urged Asian nations to do more to defeat a global terrorist threat and to ensure that Afghanistan not be allowed to slip back into chaos.