Bill Gates has recently made headlines due to his philanthropic commitments and plans for the future of the Gates Foundation. He announced a pledge to donate 99% of his remaining fortune to the foundation, which aims to spend $200 billion over the next 20 years on health and human development initiatives. Additionally, Gates revealed that the foundation will close by December 31, 2045, earlier than previously anticipated. These developments highlight his ongoing influence in global philanthropy and the urgency of addressing pressing social issues.
Born on October 28, 1955, Bill Gates is an American businessman and philanthropist best known as the co-founder of Microsoft, which he established in 1975 with Paul Allen. Gates played a pivotal role in the microcomputer revolution, transforming the software industry and making personal computing accessible to millions. Over the years, he has shifted his focus from technology to philanthropy, primarily through the Bill & Melinda Gates Foundation, which he co-founded in 2000. The foundation has become one of the largest private charitable organizations in the world, addressing critical challenges such as global health, education, and poverty alleviation.
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The UK government has reduced its international aid budget from 0.5% to 0.3% of gross national income, the lowest level in over 25 years. Development Minister Jenny Chapman claims this shift reflects a new approach focused on sharing expertise rather than direct financial aid, igniting criticism from various sectors.
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Bill Murray recently criticized Bob Woodward's biography of John Belushi during an interview on Joe Rogan's podcast. Murray expressed his disdain for the book, claiming it misrepresented Belushi's life and drew parallels to Woodward's treatment of Richard Nixon. The comments come amid a tense encounter between Murray and Woodward at a documentary screening.
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Jeff Bezos and Lauren Sánchez are set to marry in Venice from June 24-26, 2025. The event has drawn mixed reactions from locals, with some welcoming the economic boost while others express concerns over overtourism. The couple's celebrity guest list is expected to include high-profile figures, potentially including Donald Trump.
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As Microsoft celebrates its 50th anniversary, co-founder Bill Gates reminisces about the company's beginnings, particularly the creation of Altair Basic. He shares insights on lessons learned and the evolution of personal computing, highlighting the impact of their early software on the tech landscape.
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On April 9, 2025, the top 10 wealthiest individuals saw a combined gain of $135.33 billion, led by Elon Musk's $35.9 billion increase. Despite this rally, they have collectively lost $244.36 billion in 2025, with Musk still down $107 billion year-to-date. Bernard Arnault was the only billionaire to register losses during this period.
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During Microsoft's 50th anniversary event, employees Ibtihal Aboussad and Vaniya Agrawal protested against the company's AI contracts with the Israeli military. Their actions led to immediate terminations, raising concerns about employee dissent and corporate accountability amid ongoing humanitarian crises in Gaza.
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On April 4, 2025, a significant drop in global stock markets resulted in a $208 billion loss for the wealthiest tech billionaires, including Mark Zuckerberg, Jeff Bezos, and Elon Musk. This decline reflects ongoing market volatility exacerbated by tariff policies and investor sentiment.
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In a recent Fox News interview, JPMorgan Chase CEO Jamie Dimon reassured Gen Z about their future, citing potential wealth inheritance and advancements in AI. However, critics argue that his perspective overlooks the current economic struggles faced by young people, including housing costs and stagnant wages.
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Several AI startups have recently raised substantial funding to enhance their operations. Notable among them are Cynomi, which secured $37 million to bolster its cybersecurity solutions, and Qevlar, which raised funds to expand its AI-driven security incident investigation platform. Other startups like Atomic and Conductor AI are also making strides in their respective fields.
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Warren Buffett, the 94-year-old CEO of Berkshire Hathaway, announced his retirement effective at the end of 2025 during the company's annual shareholder meeting. He recommended Greg Abel, currently vice-chairman, as his successor. The announcement was met with a standing ovation from shareholders, marking a significant transition for the $1 trillion conglomerate.
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Carla Denyer, co-leader of the Green Party, announced she will not seek re-election, focusing instead on her role as MP for Bristol Central. This decision comes as the party faces internal challenges and external pressures, including the need for effective climate action and addressing systemic issues in public safety.
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On May 20, 2025, the Tennessee Valley Authority (TVA) submitted a construction permit application for a small modular nuclear reactor at its Clinch River site in Oak Ridge, Tennessee. This initiative aims to lead the development of next-generation nuclear power amid rising electricity demand and a shift towards carbon-free energy sources.
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New York's $254 billion budget includes a contentious provision allowing taxpayer funds to cover legal fees for Attorney General Letitia James amid allegations of mortgage fraud. Critics argue this undermines accountability, while supporters claim it protects public officials from politically motivated prosecutions. The budget also features $2 billion in inflation refund checks for residents.
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OpenAI has appointed Fidji Simo, currently CEO of Instacart, as its new Chief Executive of Applications. This move aims to enhance the company's operational capabilities as it transitions from a research lab to a global product company. Simo will report directly to CEO Sam Altman and will begin her role later this year.
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Bill Gates announced plans to donate 99% of his wealth through the Gates Foundation over the next 20 years, aiming to close the foundation by 2045. This decision reflects a commitment to address urgent global health issues and improve lives worldwide, having already contributed over $100 billion since its inception.
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Bill Gates announced that his foundation will spend $200 billion over the next 20 years, significantly accelerating its philanthropic efforts. This decision marks a shift from the previous plan to wind down operations two decades after his death. Gates aims to address global health and education challenges, particularly in low-income countries.
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Bill Gates announced plans to donate $200 billion through his foundation by 2045 while criticizing Elon Musk for slashing U.S. foreign aid. Gates claims Musk's actions have led to increased childhood mortality and undermined global health initiatives. This comes amid significant cuts to the U.S. Agency for International Development under the Trump administration.
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Elon Musk announced at the Qatar Economic Forum that he will significantly reduce his political contributions, stating, 'I think I’ve done enough.' This decision follows backlash from his political involvement, particularly during the Trump administration, which has negatively impacted Tesla's sales and public perception.
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Elon Musk criticized Bill Gates during the Bloomberg Qatar Economic Forum, questioning Gates' credibility on child welfare due to his past association with Jeffrey Epstein. This exchange follows Gates' claims that Musk's cuts to USAID funding have harmed impoverished communities, particularly in Mozambique.