CNBC's Robert Frank reports there are now 122 signers of the "Giving Pledge," which is a promise started by Bill Gates and Warren Buffett for billionaires to give away at least half of their wealth. Frank also provides insight into the mystery tipper.» Read More
SEATTLE, Aug 23- Microsoft Corp has set up a special committee to find a new chief executive after Steve Ballmer announced his retirement on Friday. Tony Bates- Came to Microsoft two years ago as CEO of the acquired Skype and was recently elevated to lead Microsoft's business development and overall strategy.
CNBC's Jon Fortt focuses on Bill Gates after news of Steve Ballmer announcing retirement.
NEW YORK, Aug 23- Microsoft Corp said on Friday that Chief Executive Officer Steve Ballmer would retire within the next 12 months, once it has selected a successor, sending its shares up almost 9 percent. Ballmer said in a statement that he would have timed his retirement in the middle of Microsoft's announced transformation to a devices and services company.
Aug 13- Larry Ellison, Oracle Inc's outspoken chief executive officer, said Google Inc CEO Larry Page acted "absolutely evil" and accused the Internet company of using Oracle's products without permission. Ellison accused Google of using Oracle's Java programming language to develop the Android mobile operating system. " Oracle has sued Google over the issue.
*GE, LG Chem among companies entering growing market. SAN FRANCISCO/ LOS ANGELES, Aug 12- California, whose green ambitions helped the solar and wind industries take root, is taking an essential next step by proposing a sharp rise in energy storage to better integrate renewable power with the rest of the grid.
*Q2 revenue up 59 pct to $363.7 mln vs $353.8 mln consensus. SAN FRANCISCO, Aug 1- LinkedIn Corp sailed passed Wall Street's expectations with second-quarter revenue jumping 59 percent, as its efforts to become a highly trafficked website and popular mobile app paid off with robust membership growth.
SAN FRANCISCO, Aug 1- LinkedIn Corp reported revenue jumped 59 percent to $363.7 million in the second quarter after membership grew at a faster pace for the first time since late 2011.. LinkedIn's revenues have beat expectations for nine consecutive quarters while other social media firms have stumbled badly since going public.
In a video clip for an online course on philanthropy, Warren Buffett says he follows Adam Smith's division of labor. "I make it and somebody else gives it away."
NEW YORK, July 15- Hewlett-Packard Co on Monday appointed three big-name directors, including former Microsoft Corp software chief Raymond Ozzie and former McDonald's Corp CEO James Skinner, as it looks to beef up its board.
SAN FRANCISCO, July 11- Microsoft Corp's sweeping re-organization on Thursday creates a company that, more than ever, bears the stamp of Chief Executive Steve Ballmer.
SAN FRANCISCO, July 11- Microsoft Corp launched its biggest internal overhaul in five years to streamline the development of products from Windows to tablets, hoping to catch nimbler rivals in mobile and cloud computing.
July 11- Microsoft Corp launched its biggest internal restructuring in five years to unify development of its products including Windows, across an increasingly wide spectrum of ways to use them, from mobile devices to the cloud.
July 11- Microsoft Corp Chief Executive Steve Ballmer said on Thursday he was streamlining the software and media company around devices like phones and game consoles and services in its first major overhaul in five years.
Warren Buffett's donation to the Bill & Melinda Gates Foundation this year is the biggest since his annual contributions began in 2006.
A technologist who conceived of the computer mouse and laid out a vision of an Internet decades before others brought those ideas to the mass market, died on Tuesday night.
SAN FRANCISCO, July 3- Douglas Engelbart, a technologist who conceived of the computer mouse and laid out a vision of an Internet decades before others brought those ideas to the mass market, died on Tuesday night.
SAN FRANCISCO, July 3- Douglas C. Engelbart, a technologist who conceived of the computer mouse and laid out a vision of an Internet decades before others brought those ideas to the mass market, died on Tuesday night.
SAN FRANCISCO/ SEATTLE, June 24- Microsoft Corp said on Monday it would support Oracle Corp software on its cloud-based platforms, a tie-up aimed at improving the rivals' chances against nimbler Web-based computing companies chipping away at their traditional businesses.
Carlos Slim has lost money from shares of America Movil, and according to estimates from Bloomberg and Forbes, Bill Gates is once again the richest man in the world, reports CNBC's Robert Frank.
While 83 percent of millennials surveyed worldwide said technology makes it easier to get a job, 62 percent said tech has also widened the gap between rich and poor.