Money Matters - Simplified

Bill Gates

Facebook CEO gets generous, donates $500 million in charity!

Mark Zuckerberg

Facebook Inc. CEO Mark Zuckerberg is standing tall on his pledge to give away most of his earnings as charity throughout his lifetime. The generous billionaire recently gave out Facebook shares worth half a billion dollars to a charity that works in health and education sectors.

Steve Jobs no more, Apple loses its soul

As unbelievable as it may seem, the founder and visionary of Apple Inc., Steve Jobs, is no more.

Bill Gates retains No. 1 spot on Forbes list of richest Americans

For the 18th year in a row, Bill Gates, founder of Microsoft, has retained top spot on Forbes annual listing of the 400 richest Americans, released Wednesday.

Bill Gates' Faux Pas: Mark Zuckerberg is engaged

Mark Zuckerberg, founder of Facebook, is engaged. Ignore this piece of information if you come across it while surfing the net. Yes, don’t trust the news even if it comes from a very trustworthy source like Bill Gates.

Poll: Stewart most influential man of '10

Los Angeles -- U.S. comedian and television personality Jon Stewart is No. 1 on AskMen's Top 49 Most Influential Men of 2010 list, the Web site said Tuesday.

Stewart is the star of the faux news program "The Daily Show."

More than half a million votes were cast for the survey that asked readers which male figures have made the biggest impact, and ultimately, shaped what it means to be a modern man in 2010.

Facebook’s Zuckerberg to donate $100mn to Newark schools

Facebook founder Mark Zuckerberg plans to provide $100 million for the improvement of the public school system in Newark, N.J, The New York Times reports. This first big act of public philanthropy from the Facebook CEO will be formally announced on ‘The Oprah Winfrey Show’ on Friday.

Bill Gates still richest American--Forbes

In Forbes annual listing of the of nation’s 400 wealthiest people, released Wednesday, Bill Gates, who monopolized the title of the richest American in over 16 years, is once again on the top spot while his long-time friend, investor Warren Buffet is the runner-up.

Bill Gates wants more energy R&D

New York -- Microsoft founder Bill Gates says the U.S. government should triple spending on basic research and development of alternative sources of energy.

Gates and the American Energy Innovation Council want spending increased to $16 billion a year and urge the creation of an independent body to oversee national energy strategy, ABC News reported Sunday.

The oil spill in the Gulf of Mexico underlined the need for progress in the area of alternative sources, Gates told ABC.

"I think in any crisis like this, the key thing is to avoid them happening in the future," he said.

Bill Gates's dad talks teen troubles

New York -- The father of Microsoft founder Bill Gates said at a New York speaking engagement with his son that the software billionaire was a problem teenager.

Bill Gates Sr., 84, told the sold-out audience Wednesday young Bill Gates Jr., who was known as Trey at home, had numerous discipline problems as a young teenager that landed his family in therapy for two years, the New York Daily News reported Thursday.

"Our family was pretty typical as families go, with conflicts arising between parents and children at a certain age," Gates Sr. said. "There's fighting against discipline, and that's the situation we had. In this particular case it was mostly between Bill and his mother."

Twitter reports 50mn tweets per day

Social networking site Twitter has sent out 50 million 140-character-or-less tweets per day, according to latest figures released by the site on Monday.