Bill Gates Regains the Position of World's Richest Person
jones_supa writes "Bill Gates is once again the world's richest person. He recaptured the title from Mexican investor Carlos Slim, as Microsoft hit a five-year high. It is the first time Gates has held the mantle since 2007. His fortune is valued at $72.7 billion, up 16 percent year-to-date. At the same time, Mr. Slim's América Móvil, the largest mobile-phone operator in the Americas, has dropped 14 percent this year after Mexico's Congress passed a bill that could quash the billionaire's market dominance. That's helped erase more than $3 billion from the tycoon's net worth. What comes to Bill Gates, most of his fortune is held in Cascade Investment LLC, a holding entity through which he owns stakes in more than a dozen publicly traded companies and several closely held operations. He has donated $28 billion to the Bill & Melinda Gates Foundation."
Hell No, Tumblr Users Won't Go To Yahoo!
We’ve all by now heard about how Yahoo is trying to get some “cool” with a supposed $1 billion purchase of hip blogging platform Tumblr, but it may be a moot point if Tumblr’s users fail to stick around post-sale. Microsoft and Facebook may be trying to make a move ahead of Yahoo, Tumblr may be inching ever closer to running out of cash, and (despite that) may not be afraid to play a little hardball. But here’s something you’re not hearing much about: Tumblr’s users are almost universally unhappy with the news that the site might get sold to Yahoo. And they may let their fingers do the talking, and the walking. Do a search on Tumblr for “yahoo” and you get a stream of distress, interspersed with the occasional bit of helpless resignation, and some calls for activism. The voices of reluctant acceptance (usually because of the aforementioned cash situation) or anything like positivity are few and far between. No outright enthusiasm. (Daddy!) See for yourself. It’s ...
With #HonorYourMom, Samahope Wants To Fund Medical Treatments For Women In Need Around The World
This Sunday, there’s a lot you can do in honor of the woman who raised you. There’s TheMomtract, a project out of the ad agency Mother New York to give your mother authority back over some part of your life. There are flowers and promises to let fewer of her calls go to voicemail. But the San Francisco-based startup Samahope hopes that funds usually reserved for cross-state chocolate delivery might be used to finance medical treatments for women in need around the world. Its #HonorYourMom project is soliciting donations for medical treatments for women along with tweet-length anecdotes about participants’ own parents’ uniqueness. And while funding fistula repair surgery may not have been part of some users’ plans this year, the non-profit organization’s founders hope that it won’t take much convincing to think of the site, which aims to provide safe birth kits in a mom’s name. Samahope CEO Leila Janah is the founder of Samsource, a company that offers work opportunities on ...
Microsoft looks to get Nook all to itself for $1 billion
Nook sales haven't been too hot lately.
Microsoft's Most Profitable Mobile Operating System: Android
puddingebola writes "Steven J. Vaughan-Nichols has a piece of commentary discussing Microsoft's profit from their patent claims on Android. From the article, 'To some, Windows 8 is a marketplace failure. But its flop has been nothing compared to Microsoft's problems in getting anyone to use its Windows Phone operating systems. You don't need to worry about Microsoft's bottom line though. Thanks to its Android patent agreements, Microsoft may be making as much as $8 per Android device. This could give Microsoft as much as $3.4 billion in 2013 from Android sales.'"