Bill Gates joins Berkshire Hathaway&#39;s board
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Bill Gates joined the board of Warren Buffett&#39;s Berkshire Hathaway investment company yesterday, formalizing the relationship between two bridge buddies who happen to be the richest men in the world.
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The wife of Microsoft head Bill Gates has been elected to the board of directors of the media conglomerate.
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Pressure from Microsoft chairman and shareholder Bill Gates over a sagging financial outlook and news that Washington Redskins owner Daniel Snyder has bought nearly 9 percent of Six Flags, Inc.
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Bill Gates kept his ranking as the richest person in the United States, boosting his worth to $48-billion. But investor Warren Buffett has edged closer to the top of the rich list, Forbes magazine said on Friday.
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Microsoft founder Bill Gates is the richest person in America for the 14th year in a row, followed by investor Warren Buffett, according to Forbes magazine's latest list of the wealthiest Americans.
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Business & money: Warren Buffett gives a stamp of approval by taking small stakes in big pharmaceutical companies
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Warren Buffett, the world&#039;s  second-richest person, is donating about &#36;37 billion -- more  than 80 percent of his fortune -- to foundations run by his  friend Bill Gates and by the Buffett family.
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Bill Gates kept his ranking atop the richest people in the United States, boosting his worth to 48 billion dollars, but investor Warren Buffett edged closer, Forbes magazine said.
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(InfoWorld) - The chairman of the world's largest contract electronics manufacturer, which assembles gadgets from AppleÂ iPods to Nintendo's Wii game console, pledged NT$15 billion (US$454.4 million) to Taiwan's most prestigious university to build a new cancer ward and fund research against the disease. Terry Gou, chairman of Hon Hai Precision Industry Co. Ltd., which operates under the trade name Foxconn, signed a memorandum of understanding with the president of National Taiwan University on Tuesday in Taipei, a spokesman at his company said. The majority of the donation, NT$10 billion, will go towards building a 500-bed clinic for cancer patients, while the remainder has been earmarked for cancer-related biomedical research at the National Taiwan University Hospital. Cancer is a personal issue for Gou. His wife died of complications related to breast cancer two years ago, and his younger brother passed away from leukemia at a hospital in China this past July. In giving the gift, the Taiwanese mogul joins other major technology industry philanthropists on a growing chorus of giving. Microsoft Chairman Bill Gates, for example, has pledged much of his multi-billion dollar fortune to the Bill & Melinda Gates Foundation. In addition, Microsoft co-founder Paul Allen, CEO Steve Ballmer, Dell founder and CEO Michael Dell, and OracleÂ founder and CEO Larry Ellison have all graced the pages of Forbes Magazine's list of top philanthropists.
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Microsoft (Nasdaq: MSFT) chairman Bill Gates is visiting the headquarters of the European Union in Brussels, Belgium, but has not scheduled a meeting with the head of the antitrust office, which has imposed measures on the company.
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Yahoo&#39;s Chairman Roy Bostock is leading a group of the company&#39;s board members in favor of accepting&#160;Microsoft&#39;s unsolicited $44.6 billion takeover bid,&#160;according to a new report.
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Communications between Berkshire  Hathaway Inc Chairman Warren Buffett and former American  International Group Inc Chairman Maurice "Hank" Greenberg won't  have to be turned over to the former head of a Berkshire unit  whose fraud trial begins Monday.
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- Warren Buffett's Berkshire Hathaway Inc   further increased its stake in Burlington Northern Santa Fe Corp  this week to about 17.6 percent.
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Microsoft founder Bill Gates on Tuesday is expected to detail the company&#39;s plan for computer management software and announce a long-awaited Windows update tool.
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Yahoo&#39;s Chairman Roy Bostock is leading a group of the company&#39;s board members in favor of accepting&#160;Microsoft&#39;s unsolicited $44.6 billion takeover bid,&#160;according to a new report.The informal group headed by Bostock also includes other board members and billionaire investor Ron Burkle, according to the report in the New York Post, which quoted unnamed sources close to the situation. Board members Eric Hippeau, a managing partner at Softbank Capital, and Robert Kotick, CEO of Activision Publishing, are standing behind Yahoo CEO Jerry Yang, who does not want to accept Microsoft&#39;s offer.On Monday,&#160;Yahoo&#39;s board rejected Microsoft&#39;s offer,&#160;saying it undervalued the company.According to the Post, the discord revolves around Yang and his followers who are so opposed to selling the company to Microsoft that Bostock and his group fear they will act out of emotions rather than their fiduciary duty to Yahoo shareholders. Such an action could expose the board to lawsuits by shareholders.Yang sent a letter to shareholders&#160;Wednesday night, saying that Microsoft&#39;s bid substantially undervalues the company and that Yahoo is positioned to take advantage of growth in the online advertising market.Yahoo could not be reached for comment.Computerworld is an InfoWorld affililate.
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Warren Buffettâs Berkshire Hathaway snapped up a 60 percent stake in Marmon Holdings, the Pritzker familyâs  sprawling industrial conglomerate.
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PeopleSoft Inc. Chief Executive Officer (CEO) and President Craig Conway was shown the door on Friday by the company&#39;s board of directors, who immediately replaced him with Dave Duffield, PeopleSoft&#39;s founder and chairman.