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BILL GATES, the chairman and co-founder of Microsoft, the software giant, is
BILL GATES, the chairman and co-founder of Microsoft, the software giant, is
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2023-10-20
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BILL GATES, the chairman and co-founder of Microsoft, the software giant, is to step back from the day-to-day running of the company to concentrate on his charitable foundation.
Mr. Gates, who founded the world’s largest software company with Paul Allen, a childhood friend, in 1975, will continue as the chairman, after transferring his duties over two years. For the past six years, Mr. Gates has focused on Microsoft’s software development.
(56)
Mr. Gates said, " This is a hard decision for me. I’ m very lucky to have two passions that I feel are so important and so challenging.
As I prepare for this change, I firmly believe the road a-head for Microsoft is as bright as ever. "
Mr. Gates, the world’s richest man with an estimated wealth of $ 50 billion, is to concentrate on the Bill & Melinda Gates Foundation, the charity he set up with his father in 1994. (57)
The charity, the world’s biggest, with an endowment of $ 28. 8 billion, funds medical research and education.
The changes at the top will put an outsider, Ray Ozzie, currently chief technical officer, into the role of as chief software architect. Mr. Ozzie, the designer behind Lotus Notes, joined the company last year. (58)
He is central to Microsoft’s push to transform software into a service and maintain the firm’s market dominance.
Craig Mundie, also chief technical officer, will take the new title of chief research and strategy officer. In January 2000 Mr. Gates assumed the role of chief soft-ware architect and Steve Ballmer stepped up to be chief executive. Mr. Ballmer will be responsible for all day-to-day operations and business strategy.
Mr. Ballmer said, " Bill and I are confident we’ve got a great team that can step up to fill his shoes and drive Microsoft innovation forward without missing a beat. " The changes come as Microsoft faces increasingly competitive threats from rivals such as Google.
Mr. Mundie, 56, joined Microsoft in 1992 to create and run its Consumer Platforms division, which was responsible for non-personal computer software. He also started Microsoft’s digital TV efforts. (59)
His responsibilities include global technology policy and various technical and business efforts.
Mr. Ozzie and Mr. Mundie will continue to report to Mr. Gates. At an unspecified time during the two-year transition period, they will shift to reporting to Mr. Ballmer.
The changes were announced after financial markets closed. Earlier, shares in Microsoft rose 19 cents, or 0. 87 percent, to close at $22. 07 on the Nasdaq. The shares lost 10 cents in after-hours trading.
Gene Munster, an analyst with Piper Jaffray, said that many investors had expected Mr. Ballmer also to announce his plans for departure. " What is surprising is that Ballmer is staying, " he said.
Charles DiBona, an analyst for Sandford Bernstein, said, (60)
"It was certainly a surprise but it is something that is inevitable. "
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答案
这个慈善团体是世界上规模最大的,拥有288亿美元的捐赠,用来资助医学研究和教育。
解析
(the world’s biggest为插入语,with an endowment of $28.8 billion在句中做状语,fund 是本句的谓语。)
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