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Windows Vista is the first new version of Microsoft's ubiquitous operating system in five years--and probably the last one over which the world's richest man will preside. Bill Gates, 51, plans to step down as chairman of Microsoft next year to focus on his philanthropic work. He chatted with TIME's Richard Stengel and Lev Grossman about the future of technology, how to fix education and why even he limits his child's use of the computer...
Cech, a 1989 Nobel prize winner in Chemistry, has served as the head of Howard Hughes—the nation’s second-richest philanthropic organization—for the past seven years. He is also a longtime faculty member at the University of Colorado at Boulder, where he maintains an active lab. He said that those two commitments weighed heavily in his decision to withdraw his name...
...section on endowment transparency. “Detailed proxy voting records are available to the public upon request,” the report said. “Information on endowment holdings, however, is only available to the board and senior administrators.” The report rated the 100 richest American and Canadian universities on their environmental sustainability practices, examining both endowment and campus initiatives. Dartmouth College, Stanford University, and Williams College also averaged an A-, the highest average awarded. “The goal of the report is to spark discussions,” said Mark Orlowski...
...also enabled rural people to enjoy higher income levels, sparing Japan from the social inequality that has beset such rapidly growing neighbors as China. But the policy was sustainable only as long as Tokyo had budget surpluses to burn. Today, Japan may be the world's second-richest nation, but its public debt that is more than 1.5 times the size of its GDP, the highest in the developed world. So, a budget-conscious central government has cut subsidies, and Yubari will have to pay back $293 million over the next 18 years...
Cech, a Nobel laureate in chemistry, has served as the head of Howard Hughes—the nation's second richest philanthropic organization—for the past seven years. He is also a faculty member at the University of Colorado at Boulder. He said that those two commitments weighed on his decision to withdraw his name...