Today in History for October 28th

The Statue of Liberty is dedicated in New York; Benito Mussolini takes control of the Italian government; The Cuban Missile Crisis ends; Microsoft co-founder Bill Gates and actress Julia Roberts are born. (Oct. 28)

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Microsoft unveils folding tablet, phone, earbuds

Microsoft has shown off new products in New York on Wednesday, including two foldable devices and new wireless headphones. (Oct. 2)

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Killer robots | AFP Animé

Amazon, Microsoft and Intel are among leading tech companies putting the world at risk through killer robot development, according to a report that surveyed major players from the sector about their stance on lethal autonomous weapons. Videographic explaining autonomous weapons.VIDEOGRAPHIC

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Keanu Reeves graces Xbox event in E3 Expo | AFP

American actor Keanu Reeves takes to the stage as Microsoft gives the world a first glimpse of a powerful next-generation Xbox gaming console that it aims to release late next year.

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Early Facebook Investor On Meeting Mark Zuckerberg

Business Insider speaks with Roger McNamee, an early Facebook investor and author of the new book “Zucked.” McNamee first met Mark Zuckerberg in 2006 and quickly became a mentor to the tech CEO. McNamee explains how Zuckerberg has changed since their first awkward meeting.

Following is a transcript of the video.

Kif: I wanna get to Mark Zuckerberg and Sheryl Sandberg because they’re immensely powerful people. How did you meet Mark Zuckerberg?

Roger: So 2006, I got an email from a guy named Chris Kelly. He was the Chief Privacy Officer at Facebook. He says, “My boss has a huge business issue, and he doesn’t know how to solve it, and he needs to talk to somebody who’s been around a long time but has no conflicts. Would you take a meeting?”

Now, Facebook was 2 years old. Mark was 22. I was 50. And they had $9 million in sales the year before, and they got it basically from, you know, pizza ads. They didn’t even have News Feed yet. They were still just college campuses and high school students. But it was already obvious that he’d broken the code on social.

I take the meeting. He comes in my office. I go, “Look, you don’t know me, I don’t know you, I need to tell you something.” I said, “If it hasn’t already happened, either Microsoft or Yahoo is gonna offer a billion for the company.” And I gave him a whole bunch of explanations about what’s gonna happen, like your management team, your parents, the board directors, everybody’s gonna tell you take the money.

It turns out the reason he was coming to see me was Yahoo had just offered a billion dollars for Facebook. I basically hypothesized precisely what was going on.

Kif: But he hit you with silence, right? This is a 23-year-old, 22-year-old. He’s CEO, the hottest thing in the Valley. What did the silence feel like? What were you thinking in that moment?

Roger: So… I described this in some detail in the book because it was a meeting unlike any I’ve ever been in, and I don’t know how many people have ever had this experience of being one-on-one in a conference room that’s set up like a living room. So we’re in sort of comfy chairs, but we’re no further apart than you and I are. And I described this thing to Mark, and he hasn’t said anything yet. I mean, he’s introduced himself, and that’s it. There then ensues a silence that lasted almost five minutes.

I challenge you to be one-on-one with somebody and have them pantomiming thinker poses for five minutes and you not be on the verge of screaming. I mean, at about the three-minute mark, my fingernails were implanted in the cushions of the side of the couch. And at the four-minute mark, I’m literally thinking, “I’m gonna scream if he doesn’t say something.”

And when he finally relaxes and says something, I mean, I have no idea what’s just been happening. I’ve never been in a meeting where anybody ever did that before, but it’s also in some ways really amazingly cool because I’ve said something, and he’s thinking so hard about it and trying to decide, “Do I trust this guy I’ve never met before?”

So when he relaxes and starts talking to me, he’s paying me a huge compliment. And that part’s really obvious. It was obvious that this was… His first reflex was not to blurt out what was going on, and I’m looking that as, “Wow, in an entrepreneur who’s only 22, that’s a really good sign.” That level of caution, that level of listening, that level of thinking, I mean, I was already impressed before he came in, but after that, I’m going, “Wow, he is really one in a billion.

“So I ask him, “Do you wanna sell it?” And he said, “No, I don’t.”

Kif: Yeah, how have Mark Zuckerberg and Sheryl Sandberg changed since then?

Roger: I wonder because I don’t get to talk to them anymore. My last interaction with either one of them was October of 2016, and the last interaction with anybody at Facebook was February 2017, and they have very consciously not communicated with me since. So I can’t be certain.

All I can tell is from what I see. The Mark that I knew was really idealistic. He had this vision of connecting everyone in the world. The same way Google had a vision of collecting all the world’s information. He was gonna connect everybody, and he was so convinced of the merit of that idea that I think he truly believed that any means necessary to get there was appropriate.

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Early Facebook Investor On Meeting Mark Zuckerberg

An EVP At Microsoft Explains How Tech Is Changing Industries Like Farming | Davos 2019

Jean Philippe Courtois, Executive VP at Microsoft sat down with Business Insider’s Sara Silverstein at the World Economic Forum in Davos, Switzerland. He explains how tech is changing industries like farming.

MORE DAVOS 2019 CONTENT:
A Billionaire Investor Says The Economy Is Headed For ’20 Years Of Ugliness’ | Davos 2019

A $265 Billion Investment Chief Expects A Recession In About 18 Months | Davos 2019

Investment Banker Ken Moelis On Taxes, Regulation & Attracting Top Talent | Davos 2019

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An EVP At Microsoft Explains How Tech Is Changing Industries Like Farming | Davos 2019

How Bill Gates Makes And Spends His Billions

Bill Gates had an early start to his career at 17 years old. Bill Gates is currently the world’s second richest person with a net worth of over $93 billion. In 1975, childhood friends Bill Gates and Paul Allen founded Microsoft and went on to create the operating system for IBM’s first personal computer. Although Gates loves his luxury vehicles, he says his primary concerns are global warming and putting an end to polio. 

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How Bill Gates Makes And Spends His Billions

DARPA’s Use of Prize Based Challenges

This panel addresses how DARPA uses prize-based challenges to solve problems, spur innovations, and develop community. This session provides highlights of prior challenges and discusses the successes, failures, and lessons learned over the past decade. It explores when a challenge is the right model for technology development, and considers future problems we may seek to solve with challenges. Panelists address the unique aspects of both physical and non-physical challenges, and the unique complexities each brings. The discussion includes long- and short-term effects of DARPA challenges to previous competitors and their respective technical communities. Dr. Norm Whitaker, Program Manager for the DARPA Urban Challenge moderates this panel.

Moderator
Dr. Norman Whitaker – Microsoft Research Special Projects

Speakers
Mr. David Hall – Velodyne LiDAR, Inc.
Mr. Todd Master – DARPA, TTO
Mr. Mike Walker – Microsoft NExT

Microsoft to give all tech tools to ‘ethical, honorable’ US Army

As big tech in the US faces increased opposition from its own employees over #Pentagon contracts, the head of #Microsoft Corporation appears to have decided to throw his weight behind the US #military and to offer them full support. READ MORE: https://on.rt.com/9joe

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Today in History for October 28th

(27 Oct 2018) The Statue of Liberty is dedicated in New York; Benito Mussolini takes control of the Italian government; The Cuban Missile Crisis ends; Microsoft co-founder Bill Gates and actress Julia Roberts are born. (Oct. 28)

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AP Top Stories October 16 A

(16 Oct 2018) Here’s the latest for Tuesday October 16th: Pompeo goes to Saudi Arabia to discuss journalist; Searches continue in Florida after hurricane; 5 dead in house in Tennessee; Microsoft co-founder Paul Allen dead at 65.

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Microsoft Uncovers New Russian Hacking Efforts

(22 Aug 2018) Republicans and Democratic lawmakers react to Microsoft findings saying a group tied to the Russian government created fake websites to spoof two American conservative organizations., and the U.S. Senate website. (Aug. 21)

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Microsoft: We ‘stopped’ cyber attack by Russian hackers! (P.S. here’s our new product)

With pre-midterm frenzy heating up, Microsoft said it thwarted a phishing attack by a group “widely associated” with Russia — and despite not providing much hard evidence, used the incident to advertise a new privacy product.

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Microsoft Shows New Games, Subscription Service

Microsoft unveiled a host of new and updated game titles at the Electronic Entertainment Expo in Los Angeles and also announced a Netflix-style subscription service priced at $10 per month. (June 11)

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Electronics-recycling innovator is going to prison for trying to extend computers’ lives

A California man who built a business out of recycling electronic waste is headed to prison for 15 months after a federal appeals court rejected his claim that the “restore discs” he made to extend computers’ lives had no financial value, instead ruling that he’d infringed Microsoft products.

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Microsoft wants it inventor jailed for selling illegal recovery discs

IT expert Eric Lundgren could be facing jail and a hefty fine – due to his passion for recycling electronics.
The 33-year-old is accused of creating illegal copies of Windows discs to help sell refurbished PCs.

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How Bill Gates Makes And Spends His $89 Billion Fortune

With a net worth of approximately $89 billion, Microsoft co-founder Bill Gates is one of the wealthiest men in the world. If he spent $1 million a day, it’d take him 245 years to spend his fortune. Here’s how he made all that cash.

In 1975, Gates co-founded Microsoft. At 31, he became the world’s youngest billionaire at the time. In 1995, he released Windows 95 and became the world’s richest man. He’s been at the top of the list ever since. Gates is also a leading philanthropist.

He stepped down as Microsoft CEO to focus on the Bill & Melinda Gates Foundation. It has given away $41.3 billion to charity. Gates doesn’t forget to splurge on himself, though. He bought a $21 million jet in 1997. He’s had tons of luxurious cars over the years. He even once got arrested for speeding in a Porsche 911. Gates has an extensive art collection. In 1988, he spent $36 million on a Winslow Homer painting.

That piece hangs in his $63 million home in Seattle. It has 24 bathrooms, 6 kitchens, a reception hall that holds 200 people, a home theater, and an artificial stream stocked with fish.

In 2010, Bill, Melinda, and Warren Buffett created the “The Giving Pledge.” Those who join pledge to give half of their wealth to charity.

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Scott Galloway On Why Amazon Is So Successful

Scott Galloway, professor of Marketing at NYU Stern and the author of “The Four: The Hidden DNA of Amazon, Apple, Facebook and Google”, explains how Amazon’s “Type 2” investments are the key to its incredible success. Following is a transcript of the video.

Scott Galloway: So people ask what Amazon’s core competence or advantage is, relative to the other members of the four and it comes down to storytelling. And that is Jeff Bezos’ essential rap has not changed in 15 years and it’s a pretty intoxicating visionary rap, where they’re gonna invest massively across some consumer truisms that aren’t perishable: value, convenience, selection, speed.

And the marketplace keeps bidding up the stocks. As a result, they have access to cheaper capital than any company in modern history. Amazon can now borrow money for less than the cost of what China can borrow money. As a result, they are able to throw up more stuff against the wall than any other firms. If the phone doesn’t work, if it fails, if auctions don’t fail, it’s a speed bump for them, whereas, other companies will probably be either put out of business or see their stock cut in half.

Some Plan B investments that had worked, they launched a company based on their own infrastructure and storage needs called “AWS” that now everyday, adds the entire capacity that they needed when they launched it for themselves internally, and is the number one share leader and what is the most profitable, fastest-growing business in tech to cloud with triple the share of the number two, Microsoft. This year, Amazon will spend $4.5 billion on original television content, second only to Netflix, who increased their budget to $2 billion when they heard Amazon’s footsteps behind them.

Amazon can go into non-core categories and show up and be dominant in record time because they have access to cheaper capital. Effectively, this company is playing unfair and winning.

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Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.

Microsoft CEO Satya Nadella explains why governments shouldn’t weaponize software bugs

This past spring, ransomware known as WannaCry infected millions of Windows computers. The creators utilized a Windows exploit called EternalBlue that was believed to have been created and used by the US National Security Agency to spy on possible threats.

The chaos the event caused brought into focus governments finding and exploiting vulnerabilities in software, rather than telling the creators of the software and having them fix it for their customers. We sat down with Microsoft CEO Satya Nadella and asked what he thought about it — and what governments should be doing instead, if anything.

Nadella is the author of the new book “Hit Refresh: The Quest to Rediscover Microsoft’s Soul and Imagine a Better Future for Everyone.” The following is a transcript of the video.

Satya Nadella: I think they should disclose them to the companies. So that we can fix these bugs. I think it’s a terrible thing to do to stockpile anything because these just can be used in unintended ways by people who can get access to them.

So I think the issue with some of these things is we need to make sure that everybody is updated and patched because one weak link in one area can propagate. Especially in a connected world like ours. So that’s why I think of this as even a shared responsibility of governments, first responders like us as tech companies, and even our customers and partners.

Especially in times like this where digital technology is so pervasive in all walks of life and infrastructure and parts of our economy. That we all come together to make sure that security and operational security at all times is being improved and stockpiling of any zero-day issues is not going to be helpful.

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Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.

Meet the two guys who invented the first-ever spreadsheet

Before Microsoft’s Excel came about, a Harvard MBA student and his former MIT classmate built the first spreadsheet software for the Apple II.

It was 1979 and Dan Bricklin and Bob Frankston wanted to see their calculators come to life. They wanted to be able to change numbers in their calculations and update their final answers. By creating VisiCalc, the first electronic spreadsheet, that’s exactly what they did.

Bricklin and Frankston would work at night because computer time was cheaper at night. They thought of it as a “visual calculator” and that is why they gave it the name VisiCalc. VisiCalc was such a crucial component of the Apple II that according to Frankston, “when Apple was going to go public, they couldn’t go public until I found the last bug in the Apple II VisiCalc.”

EDITOR’S NOTE: This video was originally published on April 14, 2015

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Microsoft CEO Satya Nadella talks Trump, AI, cyber security, and more

Business Insider recently sat down with Microsoft CEO Satya Nadella, who recently put out his first book “Hit Refresh: The Quest to Rediscover Microsoft’s Soul and Imagine a Better Future for Everyone.” Nadella is the third CEO in the company’s history, taking over after Steve Ballmer stepped down in 2014. Nadella made it a priority to change the culture at Microsoft, while also inserting himself into some political discourse.

Our interview touched a wide range of subjects — advice he got from Steve Ballmer, how he manages his time, and even some of the political issues Nadella and Microsoft have gotten involved in.

Here is our full interview, ranging from America’s immigration policy, President Donald Trump, privacy and cyber security, cyber weapons, artificial intelligence, robots, mixed reality, and even confronting sexist biases.

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Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.