Bill Gates Leaves Microsoft and Berkshire Boards
Bill Gates is leaving Microsoft's board, 45 years after co-founding the company with his childhood friend Paul Allen. Gates also announced that he is stepping down from the board of Berkshire Hathaway, led by his friend and philanthropic partner Warren Buffett.
Gates, 64, wrote in a post on LinkedIn that he is leaving the boards "to dedicate more time to philanthropic priorities including global health and development, education, and my increasing engagement in tackling climate change. The leadership at the Berkshire companies and Microsoft has never been stronger, so the time is right to take this step."
However, he hasn't severed his ties with Microsoft completely. The company says Gates will continue to serve as a technology adviser to CEO Satya Nadella and other Microsoft leaders.
Microsoft "will continue to benefit from Bill's ongoing technical passion and advice to drive our products and services forward," Nadella said in a statement, crediting Gates for founding the company "with a belief in the democratizing force of software and a passion to solve society's most pressing challenges."
Shares of Microsoft are down 3 percent in after-hours trading, following the announcement.
Gates is still closely associated with the company in the mind of the public, but in reality he has been gradually unwinding his connections to Microsoft as he has shifted his focus to the Bill & Melinda Gates Foundation and his Gates Ventures private office.
"With respect to Microsoft, stepping down from the board in no way means stepping away from the company," he wrote in his post. "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."
Today's announcement comes 20 years after Gates stepped down as Microsoft CEO, after a bruising antitrust battle with U.S. regulators battered his reputation and left the company struggling to compete with a new generation of technology giants. Gates continued working at the company until 2008, when he left his day-to-day duties as chief software architect.
He remained Microsoft chairman until 2014 and had been on the board since then.
In the meantime, both Microsoft and Gates have experienced a renaissance. The company has risen back into the ranks of the world's most valuable companies. Gates has emerged as an outspoken leader in global health and science, sounding the alarm over the potential for a devastating pandemic and helping to fund potential solutions many years before the current spread of the novel coronavirus and the disease COVID-19.
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On Thursday, July 9th, dot.LA entertainment reporter Sam Blake hosted a one-on-one video interview with Steven Galanis, founder and CEO of Cameo, the thriving video platform featuring celebrities and influencers.
"From our estimation we believe that there are two million people in the world that are qualified influencers," said Cameo Founder and CEO Steven Galanis in a conversation with dot.LA's Sam Blake. "And probably more than in any other city on Earth, those people are in Los Angeles."
Cameo CEO Steven Galanis
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- Open Raven Adds Three Cloud and Security Veterans to its Team
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Open Raven Adds Three Cloud and Security Veterans to its Team<img lazy-loadable="true" src="https://dot.la/media-library/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8yMzM5ODY1Ny9vcmlnaW4ucG5nIiwiZXhwaXJlc19hdCI6MTYzNDcxMjM5NX0.xQkGkfQGXF98L06L8AGjttxsMAYYSOfVlFxjgPo6fIA/image.png?width=980" id="e485c" class="rm-shortcode" data-rm-shortcode-id="ec1c76ab18e8234992ef7bc99899994a" data-rm-shortcode-name="rebelmouse-image" /><p>Open Raven, a Los Angeles-based company that offers a cloud data security platform, said Thursday that it has expanded its leadership team to include three new cloud and security industry veterans. The move comes weeks after the company announced its second major round of funding.</p><p>Rob Markovich joins the company as its new chief marketing officer from his prior role as chief marketing officer at Wavefront. Alan Buckley has been hired as the senior vice president of sales, finance and operations, from his prior role as the business operations lead at Tanium. Bill Hau will be the new vice president of customer success. Hau has more than 20 years of offensive and defensive cybersecurity operations experience and previously worked at companies including Cylance, Mandiant/FireEye, IBM and McAfee.</p><p>Their hire follows <a href="https://dot.la/cloud-data-security-2646187838.html" target="_self">Open Raven's raise of a $15 million Series A round this June</a> — four months <a href="https://dot.la/open-raven-data-security-2645111465.html" target="_self">after it emerged from stealth to announce seed funding</a>. The round was led by Kleiner Perkins as well as existing investors like Upfront Ventures, bringing its total capital raised to $19.1 million.<img alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&sty=20200709005277r1&sid=web01&distro=nx&lang=en"><em>__</em></p><p><em></em><em>Do you have a story that needs to be told? My DMs are open on Twitter </em><a href="https://twitter.com/latams" target="_blank"><em>@latams</em></a><em>. You can also </em><em>email me at tami(at)dot.la</em><em></em><em>, or ask for my Signal.</em></p>
Tinder Tests Video Feature for Pandemic Dating<img lazy-loadable="true" src="https://assets.rebelmouse.io/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8yMjY1Njc5NC9vcmlnaW4uanBnIiwiZXhwaXJlc19hdCI6MTYxNTgwMjc4M30.77K73_L-avsg-F23cDrsbpaatY6opyXUnhd7KLz-3QE/img.jpg?width=980" id="15305" class="rm-shortcode" data-rm-shortcode-id="500459f03dada1f31bdae9f4fe09131d" data-rm-shortcode-name="rebelmouse-image" /><p><span style="background-color: initial;">As COVID puts a pause on dating for many singles, Tinder has rolled out a new video chat feature. The dating app </span><a href="https://www.tinderpressroom.com/Tinder-Begins-Testing-Face-to-Face-Video" target="_blank">announced</a> Wednesday that users in 13 countries, including four U.S. states, can now try out "Face to Face."<br></p><p>This is part of Tinder's big sell on a feature Bumble launched last year that has become popular. The video calls "prioritize control and comfort" by prompting users to agree to a set of<a href="https://www.gotinder.com/community-guidelines" target="_blank"> ground rules</a> (keeping the interaction PG) and letting them disable the video feature at any point. You're also able to leave a report once the video ends.</p><p>"We're looking to better understand how video chat fits in with the overall journey of getting to know someone new," Tinder spokesperson Evan Bonnstetter explained in an email.</p><p>Users in Virginia, Illinois, Georgia and Colorado can meet their matches face-to-face. But the feeling has to be mutual — both parties need to opt-in before the chat switches to a split-screen video call.</p><p>Like Snapchat, the appeal of talking on dating apps lies in anonymity, for some. Plus, chatting on an app relieves the stress of giving out personal information.</p><p>As stay-at-home orders remain in place, virtual dates have become default. Will this last? A Tinder survey of users found that over half of its U.S. users have used the video date function with a match in the past month. Plus, 40% of Gen Z members surveyed who tried video dating said they'd continue using the feature "as a way to decide whether to meet IRL (in real life) in the future — even once their favorite date spot is open again."</p><p>Launched in 2012, Tinder, now boasting over 60 million subscribers, is available in 190 countries and over 40 languages.</p>
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Kernel, a bioscience company aiming to make the inner workings of the human brain easy to read, announced Thursday it's raised $53 million in a Series C round led by General Catalyst.
Other investors include Khosla Ventures, Eldridge, Manta Ray Ventures, Tiny Blue Dot and Kernel founder and CEO Bryan Johnson, who himself has invested $54 million in the company to date.
Kernel founder and CEO Bryan Johnson has invested $54 million in the company.