Blackstone and Cascade, which owns a near 20% stake in London-based Signature, are in advanced talks with the company about their proposal that involves a cash offer of 3.81 pounds per share, Blackstone said.
In recent weeks, the US is experiencing record high cases, deaths and hospitalisations. "I thought the US would do a better job handling it," said Gates, who in 2015 had warned the world of such a pandemic.
If the initiative, aided by Gates’ fortune and focus, manages to help protect the world’s poor from a virus that has already killed more than 1.3 million people, it will affirm the strategies he has promoted in his philanthropic work, including incentives for drug companies.
Jennifer Gates shared a picture of herself with parents Bill and Melinda, on Instagram.
While Facebook has banned anti-vaccine groups, other platforms such as Twitter and WhatsApp are fuelling vaccine rumours and fear mongering. One of the bizarre conspiracy theories doing the rounds is that billionaire Bill Gates is funding some vaccine manufacturers because he wants to reduce population growth!
Bill Gates 'stunned' by pace of scientific advances, says 2021 will be better than 2020; shares details about Covid, vaccines in detailed blogpost
The Microsoft co-founder shared his thoughts on a post-Covid world.
Gates wrote that there were times when he wanted to dwelve deeper into social issues like Black Lives Matter protests.
The Drug Controller General of India on Sunday approved the Oxford COVID-19 vaccine Covishield, manufactured by the Serum Institute and indigenously developed Covaxin of Bharat Biotech, for restricted emergency use in the country, paving the way for a massive inoculation drive.
“If people are going to study one country right now, other than China, I’d say they should look at India,” Gates said at the Singapore Fintech Festival on Tuesday.
Bill Gates lauds Indian-origin scientist couple for pioneering work in fight against HIV, coronavirus
The Microsoft founder said the couple's motto has impressed him.
Elon Musk, the charismatic chief of electric automaker Tesla, has overtaken Bill Gates to become the world's second richest person, according to the Bloomberg list of billionaires. The South African-born Musk, 49, added $7.2 billion in wealth on Monday alone following Tesla's latest surge. He now has an estimated $128 billion. The outspoken Musk, who is also cofounder of SpaceX, had already overtaken numerous luminaries in recent weeks, including Facebook Chief Executive Mark Zuckerberg and Bernard Arnault, the head of French luxury giant LVMH.Elon Musk becomes 2nd richest person on planet, overtakes Bill Gates
The 49-year-old entrepreneur’s net worth soared $7.2 billion to $127.9 billion, driven by yet another surge in Tesla’s share price.
Chairman of Bill and Melinda Gates Foundation, Bill Gates, in an exclusive conversation with TOI's Surojit Gupta, said the whole Aadhaar and NPCI digital financial system in India has proven to be once again a "huge asset". "Getting payments out through digital cash transfers, that has been a fantastic thing, and obviously, India has done that at a scale that no other country ever has," he said. "India was able to use its digital financial capability where Aadhaar and the overall NPCI payment system works very well," Gates further added.Bill Gates lauds use of Aadhaar and NPCI in India
“Bill Gates is always talking about how can we take what has been developed in India and make it available as a stack to all countries. So I think it's an inspired set of choices that came about because of the state prioritizing that digital infrastructure as a public good can help lift all companies and all citizens in India and that's great to see,” said Nadella.
While many poor nations may be able to vaccinate at most 20% of their populations in 2021, some of the world’s richest countries have reserved enough doses to immunize their own multiple times over.
“The capital contribution commitment of $50 million constitutes 5.75 per cent of the size of the fund contemplated at present. The said investment will be made in tranches over the next 8-10 years,” RIL said in a regulatory filing.
The Bill and Melinda Gates Foundation on Thursday pledged an additional $250 million to support the development of low-cost and easier to deliver treatments and vaccines against COVID-19.
Bill Gates, Co-Chair of the Bill & Melinda Gates Foundation, delivers a video message at the high-level side event "Accelerating the end of the COVID-19 pandemic".This event hosted by The World Health Organization (WHO), the United Kingdom, South Africa, and the UN Secretary-General aims to build stronger political consensus for a coordinated global response to COVID-19 and champion the importance and urgency of equitable access to new tools, especially effective vaccines. It also seeks to catalyze a step-change in support for the Access to COVID-19 Tools Accelerator (ACT-A), the most promising solution for global equitable access to the tools needed to accelerate the end of the pandemic.Accelerating the end of the COVID-19 pandemic: Bill Gates on Vaccine
The cause was Alzheimer's disease, his family said in an announcement on Tuesday. William Henry Gates II was born Nov. 30, 1925, in Bremerton, Washington,
Shares of the electric-car maker have risen nearly 28% since the S&P Dow Jones Indices decided to add the company to the benchmark index from Dec. 21.
Like any tool, a mental model is neither correct nor effective all the time. However, having many mental models gives you multiple paths to a good result. Here are a few great models to understand and use to supercharge your career.
Adani is closely followed by Mukesh Ambani of Reliance Industries whose personal wealth, as reflected in his share of the Reliance group market cap, rose by $16.9 billion. Elon Musk of Tesla leads the table with his wealth surging $92 billion to $120 billion so far in 2020; while Jeff Bezos (of Amazon) and Zhong Shanshan’s (of Nongfu Spring) wealth has risen by $68 billion and $57 billion, respectively.
"The crisis has shaken up the way we view the world and exposed the fault lines in our society. It has also emphasised the necessity for quick and relevant solutions for the new world that is rising from the ashes of the old," said Mahindra.
"By late next year you can have things going back pretty close to normal - that's the best case," Gates, 64, told The Wall Street Journal CEO Council. "We still don't know whether these vaccines will succeed," Gates said. "Now the capacity will take time to ramp up. And so the allocation within the U.S., and between the U.S. and other countries will be a very top point of contention."
Gates said he has encouraged congressional lawmakers to consider adding $8 billion to the economic relief bill currently being debated that will be devoted to helping less-developed nations procure an eventual vaccine to stop the spread of Covid-19.
"I am optimistic that by early next year, of the six western constructs, probably three or four will have shown safety and efficacy, and four of those can be made at large scale and low cost, including AstraZeneca, Johnson & Johnson, Novavax and Sanofi," the co-chair of the Bill and Melinda Gates foundation told the ET Global Business Summit.
Bill Gates, who co-founded Microsoft and also the Bill and Melinda Gates Foundation, said he has not travelled for work this whole year.
‘I hope the AstraZeneca vaccine works because then we will be able to start vaccinating people in India and other developing countries in the first half of next year.’
Gates feels being a feminist means believing that every woman should be able to use her voice.
In an exclusive interview to PTI, Gates, whose foundation is focusing on fighting the pandemic, called it the "next biggest thing" the world has been confronted with after the World War.
The big ‘but’ butts into scalability. The usual sticking point of lab-to-arm is hugely multiplied when dealing with a totally new vaccine against a novel virus to be administered in the midst of a raging pandemic.
These business leaders are an inspiration all year around, will continue donating even after Festival of Giving
Festival of Giving, too, is a people driven movement.
Bill Gates bakes Warren Buffett a birthday cake, Sara Blakely thanks Berkshire billionaire for the laughs and wisdom
Gates baked a chocolate cake with Oreo frosting.
On L&T boss's bookshelf: Biographies of Steve Jobs & Bill Gates, Alfred Sloan's 'My Years with General Motors'
SN Subrahmanyan is also spending time playing chess and monopoly with his family.
"I’m very hopeful that India, as we get a vaccine approved sometime in the next four months, can play a big role, but this is a huge challenge for a middle-income country", says says Co- Chair, Bill & Melinda Gates Foundation at the ET-GBS summit.As we get vaccine approved in next 4 months, India can play a big role: Bill Gates at ET-GBS summit
YouGov, an internet-based market research and data analytics firm, said it conducted the survey from January to March this year. Modi figures at the fourth place after Barack Obama, Bill Gates, and Xi Jinping in its list.
The idea behind the initiative is to help health care and civic authorities speed up testing by filtering out patients with Covid-19-like symptoms but without the infection.
Citing a projection by the International Monetary Fund (IMF), the report said the global economy will lose USD 12 trillion or more by the end of 2021 despite spending of USD 18 trillion in trying to stimulate growth around the world.
The Foundation's Goalkeepers report, which tracks progress on the United Nations Sustainable Development Goals (SDGs) of reducing poverty and improving health, found that in the past year, by nearly every indicator, the world has regressed.
Tesla stock plunged 21 per cent in Tuesday’s session, logging its biggest daily percentage drop as the electric carmaker was excluded from a group of companies being added to the S&P 500.
Speaking in a documentary -- COVID-19: India's War Against The Virus -- to be premiered on Discovery Plus this (Thursday) evening, Gates said India also faces a huge challenge due to the health crisis because of its gigantic size and urban centres with a lot of population density.
The ruse included bogus tweets from Barack Obama, Kim Kardashian, Kanye West & Joe Biden as well.
The ruse included bogus tweets from former President Barack Obama, Democratic presidential front-runner Joe Biden, Mike Bloomberg and a number of tech billionaires including Amazon CEO Jeff Bezos, Microsoft co-founder Bill Gates and Tesla CEO Elon Musk. Celebrities Kanye West and his wife, Kim Kardashian West, were also hacked.
A number of high profile Twitter accounts including that of US presidential hopeful Joe Biden, Tesla CEO Elon Musk, Microsoft Co-founder Bill Gates and of Apple were simultaneously hacked on Wednesday by attackers to carry out what appeared to be a cryptocurrency scam. Twitter says it is investigating the issue. The company’s shares declined 2.3% post market.Twitter accounts of Obama, Biden, Elon Musk, Bill Gates and others hacked to run Bitcoin Scam
In a letter, Microsoft co-founder lauded the 'Aarogya Setu' digital app for coronavirus tracking & contact tracing.
If you’re looking for insights to help navigate the Covid-19 economic fallout, here are two books Gates would recommend.
Bill Gates is back with his summer reading list - this time with content to face the pandemic and take a break from it
It's more than just books on the list this time.
The promise is only to give the majority of their wealth to philanthropic causes either during their lifetime or in their will. It is not legally binding but there is moral accountability to one’s self and to each other.
The staggering numbers have put Big Tech under increased scrutiny, with Zuckerberg, Bezos, Apple Inc. Chief Executive Officer Tim Cook and Alphabet Inc. head Sundar Pichai testifying before Congress last month to defend allegations that their power and influence are out of control.
The 64-year-old stopped being involved in day-to-day operations at the firm more than a decade ago, turning his attention to the foundation he launched with his wife, Melinda.
The mind-boggling accumulation of money underway in technology is unrivaled in speed and scale. No other group of executives has prospered to such a degree. Indeed, the world’s richest people are growing even richer, even faster, as the coronavirus pandemic upends the global economy and drives ever more activity online.
Even in times of social distancing, Gates and Buffett are keeping their friendship strong with online bridge.
This year’s biggest funding deals included Beyond Meat rival Impossible Foods Inc., which raised $500 million to support expansion of its vegan burgers, and Swedish oat-milk maker Oatly AB, which raised $200 million this month in a deal backed by Blackstone Group Inc. that values the company at $2 billion.
Hackers accessed Twitter's internal systems to hijack some of the platform's top voices including U.S. presidential candidate Joe Biden, reality TV star Kim Kardashian, former U.S. President Barack Obama and billionaire Elon Musk and used them to solicit digital currency.
In its latest statement, Twitter said that the hackers were able to gain control to a "small subset" of the targeted accounts, and send tweets from them.
Accounts of celebrities and political figures including Joe Biden, Kim Kardashian, Barack Obama and Elon Musk were hacked during the cyber attack on Wednesday. Twitter added that it was continuing to assess whether hackers were able to access private data of the targeted accounts.
‘Imagine what the other sectors will be doing if a sophisticated attack like this happens’
About 75% of the world’s lithium is trapped in underground deposits of briny water that contain a mixture of salts. The typical way to recover lithium is to pump the water to the surface into miles-long salt ponds and let the water evaporate.
Unidentified hackers have broken into the Twitter accounts of technology moguls, politicians, celebrities and major companies in an apparent Bitcoin scam.
Prime Minister Narendra Modi interacted with co-chair of Bill & Melinda Gates Foundation, Bill Gates via video conferencing on May 14. The dignitaries discussed global response to COVID-19. They also discussed about the importance of global coordination on scientific innovation and R&D to combat COVID-19 pandemic. PM Modi underlined the conscious approach that the India has adopted in its fight against the health crisis-an approach based on ensuring public engagement through appropriate messaging. He appreciated health related work being done by Gates Foundation not only in India but also in many other parts of world, including for coordinating global response to COVID-19. Watch: PM Modi interacts with Bill Gates via video conferencing on global response to Covid-19
Mark Zuckerberg just became $7.2 billion poorer after a flurry of companies pulled advertising from Facebook Inc.’s network.
Philanthropist and Microsoft co-founder Bill Gates has commended Prime Minister Narendra Modi's leadership and his government's "proactive measures" such as lockdown and expansion of focused testing in combating the COVID-19 pandemic in India. According to officials, Gates, in a letter to Modi, said he was glad that the Indian government is fully utilizing its exceptional digital capabilities in its COVID-19 response and has launched the 'Aarogya Setu' digital app for coronavirus tracking, contact tracing, and to connect people to health services.COVID-19: Bill Gates lauds PM Modi's leadership in combating coronavirus in India
Gates credits a book for helping him understand the importance of getting a good night’s sleep.
A green drive: Climate crusader Bill Gates buys an electric Porsche Taycan; says he prefers EVs over fossil fuel cars
Porsche Taycan starts at $185,000.
Luxe redefined: Bill Gates buys £500m hydrogen-powered superyacht which has an infinity pool, helipad & gym
Gates is ready to set sail on his superyacht.
View: State governments can be better armed financially to fight Covid-19 by issuing public health bonds
If state governments spend on public health now, chances are high that their residents will be healthier and earn more later. State governments can exploit this ‘virtuous cycle’ to tax their more prosperous residents in the future and repay the bonds. In contrast, raising taxes now could potentially act as a hindrance to economic recovery.
The Seattle Coronavirus Assessment Network, a group of medical, public health and research organizations, is collecting nasal swabs from a sample of people across King County and Seattle to learn how the infection is spreading in the areas.
The 64-year-old said that the world had invested very little in a system to stop an epidemic.
The Gates fortune had about $60 bn of equity assets as of Monday, according to Bloomberg.
In LinkedIn note, Bill Gates invokes old & lasting friendship with Warren Buffett; being a mentor to Nadella
The 64-yr-old tech titan on Saturday stepped down from the boards of MS, Berkshire Hathaway.
At present, international students can switch to a one year period of Optional Practical Training (OPT) after they graduate, but they eventually have to apply for an H-1B visa to continue working in the country. The US issues 65,000 H-1B work permits each year, with a further 20,000 visas going to applicants with an advanced US degree.
Bill Gates on philanthropy, investing and his new venture Heliogen.
Gates’s history makes him peculiarly ill-suited to understand how damaging debt divestment can be.
Billionaire philanthropist and Microsoft co-founder Bill Gates spoke to Times Now’s Editor-in-Chief Rahul Shivshankar on Monday. Gates spoke on several issues, including India’s economy, welfare schemes.Why Bill Gates bullish on India despite economic growth hurdles
Philanthropist and Microsoft co-founder Bill Gates meets PM Narendra Modi in the national capital.Watch: Bill Gates meets PM Narendra Modi in Delhi
India has the potential for "very rapid" economic growth over the next decade, Bill Gates has said.
Saying that India has transformed tremendously over the past two decades -- from a $300 billion economy in early 1990s to becoming a $3 trillion economy in 2020 -- Ambani stressed that India is on track to become one of the top three economies of the world.
China's Xi Jinping writes letter to Bill Gates, thanks him for foundation's 'generosity' in the fight against coronavirus
The Bill and Melinda Gates Foundation has committed up to $100 mn to fight the outbreak.
The philanthropist stressed the need for more testing and contact tracing to curb the spread in America.
Conspiracy theories flourish in lockdown. They are attempts to end uncertainty and the anxieties it causes by creating an explanation even when, or especially when, there seems to be no clear explanation. When faced with a virus whose origin, real impact and future prognosis are all unclear, rather than accept our bewildering helplessness, it is easier to clutch at an imagined cause.
Amazon founder and CEO Jeff Bezos has lost the title as the world's richest man, paving the way for tenacious Bill Gates to grab the top spot after Amazon's lacklustre Q3 results resulted in Bezos losing nearly $7 billion in stock value.
Over the past few weeks, the Trump Administration has ramped up its rhetoric against China, accusing it of being non-transparent and holding it responsible for the spread of coronavirus across the world.
BR Shetty landed in Abu Dhabi with $8 in 1973 and turned his sweat into a personal fortune worth billions.
The foundation's new USD 150 million commitment will fund the development of diagnostics, therapeutics, and vaccines, as well as new efforts to provide partners in Africa and South Asia with resources to scale their COVID-19 detection, treatment, and isolation efforts, it said.
But splitting the company in two, and having two people doing the bad thing-- that doesn’t seem like a solution, Gates said.
The billionaire's 64th birthday was celebrated in typical, time-honoured tradition: With a top hat and several edible goodies.
Bill Gates and Hike CEO Kavin Mittal’s reading lists have one thing in common: A book about sleeping
Both founders credited Matthew Walker’s 'Why We Sleep' with improving their sleep quality.
The World Health Organization has thus far refrained from declaring it a pandemic.
Facebook had previously banned ads, along with regular unpaid posts that spread conspiracy about the virus.
The Gates Foundation has been working with the state government to ensure health and education.
Greater private sector innovation, digital tools key to quality healthcare services in India at low cost: Bill Gates
Bill Gates, who is currently on a three-day visit to India, said: "Our biggest work has been broadly in the health area helping to get new vaccines introduced, helping to look at innovations in some of the disease-specific areas, like tuberculosis or visceral leishmaniasis (VL) or lymphatic filariasis (LF)."
Bezos would be far richer if he and MacKenzie Bezos hadn’t divorced.
Gates is on a three-day visit to India to assess the work that his foundation is carrying out here.
Agriculture Minister Narendra Singh Tomar and two ministers of state for agriculture will be present at the event, which is expected to see a participation from 108 countries and over 600 delegates.
An electric conundrum: Gates thinks EVs are the future of automobile industry but high price is a problem
Gates feels that the price might dissuade people from going electric.
Amazon founder Jeff Bezos said Monday that he plans to spend $10 billion of his own fortune to help fight climate change. Bezos, the world's richest person, said in an Instagram post that he'll start giving grants this summer to scientists, activists and nonprofits working to protect Earth. Bezos said that he will call his new initiative the Bezos Earth Fund.
The gilded age of capitalism was followed by the Great Depression.
There’s a new ‘it’ couple in town.