Bill Gates steps down from Microsoft: 3 trades

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The “Fast Money” traders debate what to do with Microsoft after it’s announced that Bill Gates will step down from the board.

Microsoft announced on Friday that Bill Gates is leaving the board, effective Friday. Gates is also stepping down from his position on the board of Berkshire Hathaway.

“I have made the decision to step down from both of the public boards on which I serve – Microsoft and Berkshire Hathaway – to dedicate more time to philanthropic priorities including global health and development, education, and my increasing engagement in tackling climate change,” Gates said on LinkedIn. “The leadership at the Berkshire companies and Microsoft has never been stronger, so the time is right to take this step.”

“With respect to Microsoft, stepping down from the board in no way means stepping away from the company,” Gates said. “Microsoft will always be an important part of my life’s work and I will continue to be engaged with Satya and the technical leadership to help shape the vision and achieve the company’s ambitious goals. I feel more optimistic than ever about the progress the company is making and how it can continue to benefit the world.”

Gates co-founded Microsoft in 1975 with Paul Allen, who died in 2018. Gates was CEO until 2000 when Steve Ballmer took over the role. Microsoft’s current CEO, Satya Nadella, took over in 2014. Gates was director of the board at Microsoft until 2014 but began dedicating more of his time to the Bill & Melinda Gates Foundation in 2008.

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19 COMMENTS

  1. It's time to fast and move away from fear. Get back to the Creator!! GOD IS IN THE BUILDING! !! Lets get back to nature!!!! Hallelujah

  2. Yea he stepped down because he knows he's been wrong for so long. He's a part of this coronavirus being created and LORD knows only what else. He can keep his vaccines and 5G

  3. https://youtu.be/gMTZu6_TjU8

    there's way too many "coincidences" happening right now people. I encourage everyone to search even slightly beyond what mass media is telling us. #event201 #agenda201

  4. Seriously it's like what you did 9-12. You tried to work through the real issues without realizing what the real issues are. Besides, how can you plan for COVID-19 now when it's pretty clear that that it's going to take 3 months to see possible outcomes of all this.

  5. How is that bitcoin working out? How is that gold working out? At least I will collect some dividends off my REITs while I wait. And dollars to donuts real estate will recover faster than currency.

  6. Read about Islam and prophet Muhammad Islam is the truth way to paradise after this life prayer in the Mosque 🕌 makes you glad and reassured. .

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