Bill Gates has reclaimed his title as the world's richest man, passing telecoms magnate Carlos Slim Helu for the top spot in Forbes' annual rich list with a current estimated net worth of $72bn.
To put that in perspective, Bill Gates now worth a little over ten Nokias, the company Microsoft is in the process of buying for $7.2bn. Gates – who is re-acquainting himself with Microsoft's product team as the firm's new technology adviser – hasn't held the top spot in four years
As a man who spends most of time these days on philanthropic schemes to spend his money on at every given opportunity, it's highly unlikely that he cares about a fairly superficial list of people in sharp suits.
There are plenty of familiar faces from the world of IT. Oracle's Larry Ellison ranks fifth, with a net worth of $48bn. You have to head down the list to 17th before you find another tech name; Google co-founder and chief executive Larry Page. Page is apparently worth $32.3bn, or 10 Nests, the connected home company Google bought in January for $3.2bn.
Amazon's Jeff Bezos is close behind at 18th, with $32bn in his metaphorical coffers, and Google co-founder Sergey Brin weighs in at 19th place, with $31.8bn. That's 11 Motorolas, if you're counting. Lenovo probably is.
Where's Mark Zuckerberg? He's down in 21st place with $28.5bn, or around one-and-a-half Whatsapps.
Other than tech, retail dominates the list, as do financial investments. The outspoken Carl Icahn is worth $24.5bn, which isn't bad for a man who expresses his business grievances on Twitter.
By V3's Michael Passingham, who's also worth it
Intel CEO Brian Krzanich made his Reddit debut this week, taking questions from the internet in the form of an AMA (Ask Me Anything).
While he chose not to directly take on any questions that posed a great challenge, we gained a little insight into his outlook on the tech world and on Intel's successes and failures. We also discovered that he has a fairly 'unique' way of expressing himself in casual text-based conversations. We've tidied up his answers to make them more legible.
Posed a question regarding Intel's marketing lacking the 'cool' it once had, Krzanich said that Intel was planning a "revamp".
"I don't know marketing - clearly in engineering school you don't get much marketing training - but I agree we need to get some of the innovation and coolness back in to our marketing," he said.
Intel is known to have missed the mobile computing boat, failing to gain much traction in the smartphone and tablet sectors. The firm has plans to catch up, but Krzanich admitted that the company - which he took over in May 2013 - had failed to look far enough into the future.
"We wanted the world of computing to stop at PCs and the world - as it never does - didn't stop innovating. The new CEO of Microsoft Satya [Nadella] said it well the other day: 'Our industry does not respect tradition, it respects innovation.' I think he was 100 percent right and it's why we missed the mobile move," he said.
On 3D printing, the full potential of which hasn't even begun to emerge, Krzanich was hopeful: "I don't even think we've scratched the surface on how 3D printing will change the way things get made.
"New materials and capabilities will continue to be developed and be able to be 3D printed, and as that occurs more and more uses will be identified and whole industries will be changed."
From the Q&A, we also discovered Krzanich is fond of a chilled peanut butter and jelly (jam) sandwich, and - like Bill Gates - can jump over a chair, depending on its size.
By V3's Michael Passingham, who encourages you to Ask Him Anything
It’s official: Microsoft’s new CEO is former cloud chief Satya Nadella. The news had been expected since last week and was confirmed on Tuesday afternoon. The appointment marks a new era at Microsoft as it prepares for life under the third CEO in its history.
But who is Nadella? It’s fair to say he’s not the most well-known name in the business, even if he clearly was a high flyer at the company.
But Microsoft has done its best to bring his personality to the fore in their announcement, and included some nice touchy-feely details in the release that could prove useful for sounding like you know who he is in any board meetings or pub chats.
1. He’s a poetry lover, of both American and Indian writers, claiming it’s like code. “You’re trying to take something that can be described in many, many sentences and pages of prose, but you can convert it into a couple lines of poetry and you still get the essence, so it’s that compression,” he said.
2. He loves test cricket, which is almost certainly a first among big US tech CEOs. “[It] is the longest form of any sport in the world,” he said. “I love it. There’s so many subplots in it, it’s like reading a Russian novel.”
3. He was born in Hyderabad, India, is 46 and has three children. He has a bachelor's degree in electrical engineering from Mangalore University and a master's degree in computer science from the University of Wisconsin.
4. His first job in the industry was at Sun Microsystems before he joined Microsoft in 1992. While working at Sun he was also studying for a master's degree in business when the role at Microsoft became available. He wanted to continue studying, though, so would fly from Seattle to Chicago for the weekend to complete his studies, underlining his determination.
5. Nadella already knows many of Microsoft's key product areas well, and before taking the CEO role he led the Cloud OS platform team. Cloud OS is used to power all of Microsoft’s internet cloud services such as Office 365, Bing, SkyDrive – now renamed OneDrive – Xbox Live, Skype and Dynamics.
For more from the man himself, Microsoft has put together a little video chat. It's probably not the toughest grilling he'll face as the new CEO but it gives some nice insight into his style – it's fair to say it is very different to Steve Ballmer's.
Building the UK's cyber security skill base and economy has been an ongoing goal of the UK government and its Cyber Security Strategy.
As such, many were no doubt pleased when Russian advanced persistent threat-buster and protector of all things nuclear, Kaspersky Labs opened a new 200-person office in London, promising that it will play a pivotal role in its crusade to "save the world from hackers".
Company founder and cyber-doomsday prophet, Eugene Kaspersky was on hand at the London launch – attended by V3 and all the other security movers and shakers – and went so far as to list the office as one of the firm's new command centres.
"Our mission is [to] save the world - it's really simple and easy to remember," he said. "This office space will be responsible not just for Great Britain's operations, but also for Europe and a little bit of global. We're recognising London as a great place, as an international city, where its easier to find the right people for our business that can help us to protect our customers and to save the world."
However, despite his bold statement, speaking to V3, Kaspersky said it wouldn't be superhero white hats that would lead the fight in the London office, but some of the UK's "best and brightest" pencil pushers and salesmen.
"This office will mainly be responsible for the sales and marketing team. Here it will be for Britain and Europe. This is a great city as it's global and its easier to find people that can work internationally than it is in places like Moscow, Germany and France. This is one of the main reasons we moved the command centre of our European operation to London," Kaspersky said.
Confused? So were we. How can salesmen save the world? However, the UK's going through a pretty big cyber skills drought at the moment, and pretty much every company and government agency is reporting difficulty finding cyber-savvy recruits. Even the newly launched National Crime Agency recently had to recruit unskilled people for its cyber team on specialist "training" scheme contracts late last year.
As a consequence it's actually probably a good thing Kaspersky's going to stick with its tried-and-tested Russian security gurus when it comes to actually taking on the malware-makers, as Mr Kaspersky explained.
"Most of our research and development is still based in Russia because the Russian engineers are the best. We're happy with Russian engineers and we know many British companies are happy with Russian engineers as well. It's the same in Silicon Valley and Israel. Everybody wants the best and that's them," he said.
Luckily, for any aspirational British white hat, Kaspersky did confirm he's on the hunt for a new member to his elite Global Research and Analysis Team (Great), so all is not lost for wannabe UK cyber experts.
"We have our security experts team and that's very international, we have people from everywhere in there. So we are looking for UK security experts as well, but only the best of the best," he told V3.
However, to any budding cyber expert looking to get into the team, be warned, you'll have some pretty big shoes to fill. For those who don't remember Great is an award-winning team responsible for finding and dissecting numerous bits of top-end malware, including the notorious Flame, Red October and Icefog campaigns.
Jobs will be needed, though, especially if 2013 is anything to go by. Last year saw an influx of advanced threats and if current forecasts are anything to go by, things are only going to get worse in 2014.
With this in mind – while we're still a little disappointed the London office won't be doing research and development – we can't help but wish the London marketers and any Brit lucky enough to get onto Kaspersky's elite team the best of luck.
By V3's Alastair Stevenson
BARCELONA: HP's annual European Discover event has plonked itself down in Barcelona this year and, like previous Discover events, it is being served with a side order of drama.
While in 2011 the firm was dealing with the aftermath of Leo Apotheker's short-lived reign and in 2012 it had to minimise the fallout from the Autonomy accounting scandal, in 2013 the issue is protesting employees who are angry at job cuts.
Journalists were bussed in around the back of the event, which had the side-effect of hiding the protesters from view, but social media channels showed the Spanish workers camped outside the main entrance to the event venue.
HP insisted that the route in for journalists was about providing quicker access to the event, rather than any attempt to hide the protestors from view. After a 20-minute wander to find the site where the protestors were, these claims appear to have some merit. What was disappointing, though, was the discovery that by 3.30pm (once we had a break in our schedule) all the protesters had gone. Come on hombres, make it 9-5 at least.
A noisy protest outside its annual event in Europe is not what HP would have wanted, but it did issue a statement acknowledging the issues being protested and stressed that many jobs were not being cut, but changed or reallocated.
"HP has a long track record of good social dialogue with its employees and social partners through its European Works Council. HP's workforce management plans in EMEA are part of [the] global multi-year productivity initiative that was announced on 23 May 2012," the firm noted.
"The restructuring plan is designed to deliver a more agile and responsive business model in the region, streamlining processes, advancing innovation and creating efficiencies for the benefit of customers, shareholders and employees. HP has a proud history of investing in Spain and continues to be committed to the success of the business here."
The protests in Spain will no doubt be welcomed in solidarity by UK employees that are being affected by job cuts and changes in several locations, with a total of 1,124 jobs said to be going in the cuts according to trade union Unite, although HP has disputed the accuracy of its reports.
Nevertheless, the protesters will hope that their rally raises the issue of job cuts, which is an especially painful topic in Spain at present and comes after HP posted $1.4bn in profits for the last quarter.
Still, it wouldn't be HP Discover without a bit of drama.
By V3's Dan Worth, who's never crossed a picket line
Late Apple founder Steve Jobs is once again in the spotlight as his company works to fight price-fixing allegations.
As the company continues to square off with the US Department of Justice over charges that it collaborated with publishers to set prices for the entire e-books market through its iBooks marketplace service, a set of emails sent by Jobs has become the focus of the case and provided a rare glimpse into the inner workings of Apple.
The emails, sent to Apple executive Eddy Cue during the development of the iBooks service in late 2009, show that Jobs was playing a leading role in the development of the service. They could be vital in proving that Apple knew its model – which allows publishers to set their own price and then pay a percentage of revenues to Apple – would limit the ability of other retailers to set their own prices for e-book titles.
That Jobs had been playing a central role in the development of the iBooks service hardly comes as a surprise. During his tenure the Apple CEO was notorious for micromanaging the company and was said to have been particularly active in the development of new products.
With more emails being released in the court, however, lawyers have revealed that Jobs dictated such fine points as how pages should animate and what books will be used in the unveiling of the service and subsequent demos.
That style could also end up costing Apple a significant amount of money some two years after Jobs died from complications resulting from pancreatic cancer. With all of the publishers named in the case having settled, Apple is the lone defendant remaining and could find itself being made an example of if the court finds that Jobs knowingly acted to fix prices.
The decision could also impact Apple's other lucrative retail services. The company maintains a nearly identical structure for the iTunes and App Store services, allowing developers and publishers to set their own prices and pay a 20 percent cut of revenues to Apple. If iBooks is shot down, pressure could build on the company to change its policies with other services.
17 May 2013
Despite being retired and working actively to donate as much of his fortune as possible, Bill Gates once again finds himself the wealthiest man in the world.
The Microsoft co-founder has topped Bloomberg's Billionaire Index with a $72.7bn net worth, better than the $72.1bn of Mexican mobile carrier boss Carlos Slim. Gates had yielded the top spot to Slim in 2010 after holding the title of world's wealthiest for more than 15 years.
Bloomberg credits the jump to a combination of market factors. Gates saw his fortune grow as Microsoft shares were up this year, while Slim's America Movil stock has slipped following government rulings, which could help competitors take a larger share of the market.
Eighth on the wealth list was Oracle founder Larry Ellison, while Larry Page and Sergey Brin of Google fame checked in at 18th and 19th richest.
It should be noted that Gates is working to give away a large portion of his wealth to charity. Since retiring from Microsoft he has devoted himself full time to his foundation, which donates and raises money for a variety of noble causes around the world.
Still, given his reputation as a businessman and competitor, you have to think a small part of the man is reveling over once again being at the top.
Last year Google chief executive Larry Page set off a flurry of speculation when he missed time at the firm due to health issues.
The issues were initially played off by Google execs who said Page had lost his voice due to an unspecified illness. The issue was not said to be serious and Page eventually returned to work.
One year later, Page is finally opening up, saying that the issue with his voice is in fact a chronic condition but is not life-threatening or debilitating. In a post to his Google+ page, the company co-founder said that he has struggled with paralysis in both of his vocal cords.
According to Page, one vocal cord was damaged following a cold 14 years ago, while another began to suffer paralysis last year. The condition has since improved and Page said he's able to speak with colleagues again, joking that co-founder Sergey Brin "says I’m probably a better CEO because I choose my words more carefully".
The disclosure comes with news that Page is working to push a study on individuals with such rare vocal cord paralysis issues. He is hoping to help gather data from patients with similar conditions in hopes of gleaming more information.
It also rehashes a debate that has existed in the IT sector ever since Steve Jobs first shed light on the battle with cancer, which would eventually claim his life. In companies where the chief executive plays such a prominent role in guiding the company, how much of their own health should executives be expected to share?
We now know that Page's life was never in danger from his condition and the company was none the worse for his brief absence. But in the wake of Jobs' death and Apple's struggles since, investors may become worried when the face of the company takes ill. That said, chief executives also have a right to privacy, and in such cases the board should protect their executives from any intrusion while also assuring investors that things are under control.