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Rich list loses nearly half its value

Business
2009-3-13

THE rich are the biggest losers in the world financial turmoil, and tycoons from China are no exception, according to the Forbes 2009 list of the world's wealthiest people. Only 52 Chinese billionaires were on...

World's richest not so rich, Gates regains top spot

Business
2009-3-12

MICROSOFT Corp founder Bill Gates is the richest man again, overtaking investor Warren Buffett, as the global financial meltdown wiped out US$2 trillion from the net worth of the world's billionaires, Forbes Magazine...

Gates gives US$168 mln for malaria vaccines research

World
2008-9-26

MICROSOFT founder Bill Gates gave US$168.7 million to develop vaccines for malaria, part of US$3 billion in funding announced yesterday to tackle Africa's biggest killer disease. Gates said the funding for the...

Bill Gates bids a teary farewell to Microsoft

Business | Information industry
2008-6-28

BILL Gates said a teary goodbye yesterday to Microsoft Corp, the software maker he built into the world's most valuable technology company based on the ambitious goal of placing a computer on every desk and in every...

Gates a new type of hero for youth

National
2008-6-28

FOR some Chinese, Bill Gates, who retired yesterday, is more than a billionaire and president of the computer software giant Microsoft. In a way, he has changed the perception of many people. Chinese got to know...

Forbes: Buffett tops Gates as world's richest man

Business | Asset management/M&A
2008-3-6

WARREN Buffett, the famed US investor who heads Berkshire Hathaway Inc, replaced his friend and Microsoft Corp founder Bill Gates as the richest man in the world, Forbes magazine said yesterday. The magazine estimated...

Microsoft to persist with Yahoo's takeover bid

Business | Information industry
2008-2-12

MICROSOFT said yesterday that it would continue its efforts to take over Internet search engine and web portal giant Yahoo although its former acquisition offer was turned down. The software giant didn't say...

Microsoft Q2 profit climbs 79%

Business | Information industry
2008-1-25

MICROSOFT Corp said yesterday its fiscal second-quarter profit topped analysts' expectations and climbed 79 percent, buoyed by rising sales of Windows-based personal computers. For the quarter ended December...

Microsoft Windows' Vista opens really wide

Business | Information industry
2008-1-8

MICROSOFT Corp said that Windows Vista sales topped 100 million before the 2007 holiday season when an extra flood of buyers purchased personal computers. The world's largest software maker announced passing the...

Microsoft invests US$240m in Facebook

Business | Information industry
2007-10-25

RAPIDLY rising Internet star Facebook Inc has sold a 1.6 percent stake to Microsoft Corp for US$240 million, spurning a competing offer from online search leader Google Inc. Culminating weeks of negotiations,...