bill gates

Bernard Arnault could become world's richest person

Jeff Bezos and Bill Gates can clearly afford a lot of leather wallets from Louis Vuitton and little blue boxes from Tiffany. But the world's two richest people could both soon find themselves worth less than the head of LVMH because of its takeover of Tiffany.

Ex-MIT employee thought hiding gifts was protocol

MIT President L. Rafael Reif said Thursday that he apparently signed a thank-you letter to Jeffrey Epstein in 2012 for a donation to one of the university's professors, and that senior administration members knew about gifts from Epstein's foundations to MIT's Media Lab between 2013 and 2017.

Top MIT official resigns in wake of explosive report

Joi Ito, the director of the Media Lab at MIT, resigned Saturday and the university is calling for an independent investigation following explosive allegations that he and at least one other person at the lab made efforts to make sure Jeffrey Epstein's name was not associated with donations he made or helped solicit.

Paul Allen dies at 65

The co-founder of Microsoft and noted philanthropist died today of non-Hodgkin's lymphoma in Seattle. He was 65 years old.

Bill Gates jump-starts research for affordable Alzheimer's test

Besides a cure, what do those afraid of Alzheimer's disease need most? According to entrepreneur and philanthropist Bill Gates, a key need is a "reliable, affordable, and accessible" diagnostic test. To jump-start that research, Gates announced today that he has joined a coalition of philanthropists who are investing $30 million to create a venture fund called Diagnostics Accelerator.

Microsoft passes Google in market value

Microsoft CEO Satya Nadella can brag to Bill Gates that the company's stock price has never been higher during Microsoft's 32-year history as a public company than it is now.