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...cell phone at me to hear their sleepy yet enthusiastic replies. As crazy as it seemed that night, Bono's persistence soon gave birth to the (RED) campaign. Today companies like Gap, Hallmark and Dell sell (RED)-branded products and donate a portion of their profits to fight AIDS. (Microsoft recently signed up too.) It's a great thing: the companies make a difference while adding to their bottom line, consumers get to show their support for a good cause, and - most important - lives are saved. In the past year and a half, (RED) has generated $100 million...

Author: /time Magazine | Title: Making Capitalism More Creative | 7/31/2008 | See Source »

...thirds of the world's population has some $5 trillion in purchasing power. A key reason market forces are slow to make an impact in developing countries is that we don't spend enough time studying the needs of those markets. I should know: I saw it happen at Microsoft. For many years, Microsoft has used corporate philanthropy to bring technology to people who can't get it otherwise, donating more than $3 billion in cash and software to try to bridge the digital divide. But our real expertise is in writing software that solves problems, and recently...

Author: /time Magazine | Title: Making Capitalism More Creative | 7/31/2008 | See Source »

...Next Step In june, I moved out of my day-to-day role at Microsoft to spend more time on the work of the Bill & Melinda Gates Foundation. I'll be talking with political leaders about how their governments can increase aid for the poor, make it more effective and bring in new partners through creative capitalism. I'll also talk with CEOs about what their companies can do. One idea is to dedicate a percentage of their top innovators' time to issues that affect the people who have been left behind. This kind of contribution takes the brainpower that...

Author: /time Magazine | Title: Making Capitalism More Creative | 7/31/2008 | See Source »

Rest easy, Google... The much-hyped new search engine Cuil (pronounced "cool"), purports to index more Web pages than any of its rivals. But based on its Monday debut, the new site poses little immediate threat to industry leader Google, or even its nearest competitors, Yahoo! and Microsoft, in either relevance or breadth of results it delivers...

Author: /time Magazine | Title: Why Cuil Is No Threat to Google | 7/28/2008 | See Source »

...Nintendo Goliath in hopes of working out a business solution, one that would give the Redmond, Wash., corporation control of the Weemote trademark - which would seem to make sense, since Nintendo has applied to trademark the Wiimote name in Europe - while helping Fobis rebrand its product. Corporate titans like Microsoft have resolved past trademark problems in similar fashion. Nintendo has so far balked at any such deal. In an email statement, Nintendo spokesperson Charlie Scibetta told TIME, "Because Nintendo does not use and does not plan to use the Weemote trademark, we declined Fobis' offer to purchase it. We wish...

Author: /time Magazine | Title: The Weemote vs. Wiimote Tiff | 7/18/2008 | See Source »

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