Tag: Bill Gates

Jeff Bezos Surpasses Bill Gates as World’s Richest Person

Amazon.com founder Jeff Bezos has surpassed Bill Gates to become the richest person in the world, Bloomberg News reported. A Thursday morning surge in Amazon’s share price pushed Bezos’ net worth to $90.9 billion, compared to $90.7 billion for Gates. The Microsoft founder had held the top spot on the Bloomberg Billionaire Index since May…

Bill Gates Backs FBI Against Apple [VIDEO]

Microsoft founder Bill Gates has come out on the side of the FBI in its legal battle with Apple after Chief Executive Tim Cook said his company would not comply with a government search warrant to unlock an iPhone used by one of the shooters in December’s San Bernardino terror attack. “This is a specific…

Microsoft Names New Chief Satya Nadella as Gates Steps Down

Microsoft on Tuesday announced that Satya Nadella would be its next leader, betting on a longtime engineering executive to help the company keep better pace with changes in technology. The selection of Mr. Nadella to replace Steven A. Ballmer, which was widely expected, was accompanied by news that Bill Gates, a company founder, would step…

Investors: Time For Gates To Step Aside As Chairman

Three top investors in Microsoft have lobbied the board to press for Bill Gates to step down as chairman, Reuters reported on Tuesday. While Microsoft CEO Steve Ballmer has been under pressure for years to improve the company’s performance and share price, this appears to be the first time that major shareholders are taking aim…