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Gates, Bill

   Also found in: Dictionary/thesaurus, Legal, Wikipedia, Hutchinson 0.12 sec.
Gates, Bill (William Henry Gates 3d), 1955–, American business executive, b. Seattle, Wash. At the age of 19, Gates founded (1974) the Microsoft Corp., a computer software firm, with Paul Allen. They began by purchasing the rights to convert an existing software package. In 1980 they agreed to produce the operating system for the personal computer being developed by International Business Machines (IBM). That system, MS-DOS (Microsoft Disk Operating System), and subsequent programs (including the Windows operating systems) made Microsoft the world's largest producer of software for microcomputers.

In 1997 the U.S. Justice Dept. accused Microsoft of violating a 1995 antitrust agreement, because the Windows 95 operating system required consumers to load Microsoft's Internet Internet, the, international computer network linking together thousands of individual networks at military and government agencies, educational institutions, nonprofit organizations, industrial and financial corporations of all sizes, and commercial enterprises
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 browser—thus giving Microsoft a monopolistic advantage over other browser manufacturers. In late 1999 the trial judge decided that Microsoft was a monopoly that had stifled competition, and the following June he ordered the breakup of Microsoft into two companies, a decision that Microsoft appealed. Although the appeals court overturned (2001) the breakup, it agreed that Microsoft had stifled competition and returned the case to a lower court for resolution. Subsequently the government and the company agreed to a settlement that placed some restrictions on Microsoft but would not essentially diminish the advantage its operating system monopoly gave the software giant; several states contested the settlement, but a judge approved it in 2002. In the European Union the company has also faced scrutiny over anticompetitive concerns, and there it has twice (2004, 2006) been fined hundreds of millions of euros.

Gates, who is chairman of Microsoft, is the wealthiest person in the world, with assets estimated in the early 21st cent. at some $50 billion. In 1994 he founded the William H. Gates Foundation (focusing on health issues in developing countries) and in 1997 established the Gates Library Foundation, later renamed the Gates Learning Foundation (providing education assistance). In 1999 the former was renamed the Bill and Melinda Gates Foundation Bill and Melinda Gates Foundation, philanthropic institution founded in 1994 by Microsoft chairman Bill Gates and his wife, Melinda, to improve the lives of the poor throughout the world, primarily through grants for projects relating to global health care,
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, and the latter was merged (2000) into it. He subsequently (2006) announced that, while remaining as company chairman, over a two-year period he would withdraw from daily participation in the running of Microsoft in order to devote more time to the foundation. Gates has written The Road Ahead (1995, with N. Myhrvold and P. Rinearson) and Business @ the Speed of Thought (1999).

Bibliography

See J. Wallace, Hard Drive (1992).


Gates, Bill

 in full William Henry Gates III

(born Oct. 28, 1955, Seattle, Wash., U.S.) U.S. computer programmer and businessman. As a teenager, he helped computerize his high school's payroll system and founded a company that sold traffic-counting systems to local governments. At 19 he dropped out of Harvard University and cofounded Microsoft Corp. with Paul G. Allen (b. 1954). Microsoft began its domination of the fledgling microcomputer industry when Gates licensed the operating system MS-DOS to IBM in 1980 for use in IBM's first personal computer. As Microsoft's largest shareholder, Gates became a billionaire in 1986, and within a decade he was the world's richest private individual. Beginning in 1995, he refocused Microsoft on the development of software solutions for the Internet, and he also moved the company into the computer hardware and gaming markets with the Xbox video machine. In 1999 he and his wife created the largest charitable foundation in the U.S.


Gates, (William H.) Bill (1955–  ) computer engineer, entrepreneur; born in Seattle, Wash. At age 15, he constructed a device to control traffic patterns in Seattle. In 1975, he co-wrote a compiler for BASIC and interested the MITS company in it. He dropped out of Harvard in 1975 to spend his time writing programs. In 1977, he cofounded Microsoft to develop and produce DOS, his basic operating system for computers; when in 1981 International Business Machines (IBM) adopted DOS for its line of personal computers, his company took a giant step forward; by 1983 he had licensed DOS to more than 100 vendors, making it the dominant operating system. A brilliant and ruthless entrepreneur, and a benevolent if unorthodox employer, by age 35 he had become one of the wealthiest men in America.


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