Slashdot Mirror


Billions Donated to Charity

Anonymous Philanthropist writes " Warren Buffet , the world's second-richest man, announced over the weekend that he will soon donate 85% of his entire net worth, weighing in at around $37 Billion, to charities, with over 80% of it going to the Bill and Melinda Gates Foundation. This makes it the single largest monetary donation in history."

20 of 1,245 comments (clear)

  1. Nice but ... by dc29A · · Score: 1, Funny

    How much of that money is coming from MS using it's monopoly and predatory practices?

  2. Hope it was worth it? by Philomathie · · Score: 5, Funny

    I'd never pay that much to get into the Guiness Book of Records

  3. if only... by Pao|o · · Score: 3, Funny

    if only they diverted a fraction of that amount to my charity, me. ;)

    http://hoopsdonuts.com/

  4. And in other news by Eric+Coleman · · Score: 2, Funny

    In a show of one-upsmanship, the FSF gives away free software to starving children in Africa. And SCO sues the FSF for violating its patent for giving free software to starving children.

  5. Re:In other words by 3p1ph4ny · · Score: 2, Funny

    Also note that as much as this guy hates the M$ pyramid scheme, he used Excel 95 to provide his information...

  6. Re:Warren... DUDE.. spare a dime? by inode_buddha · · Score: 2, Funny
    "Instead of showing his evil MS empire he's showing his charitable side and how "MS technology makes everything easy".

    Actually, Melinda Gates is showing his charitable side.

    --
    C|N>K
  7. Re:Planned Parenthood by Deadstick · · Score: 4, Funny

    Thanks for the tip...think I'll send them a few bucks myself.

    rj

  8. Copyrights by yfnET · · Score: 5, Funny

    Leaders / Copyrights

    A radical rethink
    Jan 23rd 2003
    From The Economist print edition

    The best way to foster creativity in the digital age is to overhaul current copyright laws

    IMAGE (Reuters)

    CRITICS have derided a 1998 extension of American copyrights as the “Mickey Mouse Protection Act” because it stopped early images of the Disney company’s mascot from entering the public domain. But such laws, they argue, are no joke. Extending and strengthening copyrights, they claim, will help a handful of big corporations crush creativity in the digital age. On the contrary, say Hollywood studios and big record companies. Without stronger copyright protection, a wave of piracy will destroy their industries, depriving consumers everywhere of a broad choice of movies, music and books.

    Last week America’s Supreme Court weighed into what is rapidly becoming a nasty worldwide battle about the scope and enforcement of copyrights, by rejecting a challenge to the 1998 law on constitutional grounds. But even as it upheld the law, the court expressed misgivings. Blistering dissents from two justices dismissed the 20-year extension of copyright as unwarranted, and even the majority’s opinion hinted that Congress’s decision may have been “unwise”.

    The court’s ambivalence is understandable. The growing quarrel over copyright is just one of the many difficult issues thrown up by the spread of the internet and related technologies (see our survey of the internet society in this issue). But of all these issues, the copyright battle is becoming one of the most urgent, and bitterly fought, because it could yet determine the future character of cyberspace itself.

    Both sides have a point. Digital piracy does indeed threaten to overwhelm so-called “content” industries. As the power and reach of the internet continue to grow, the illicit trading of perfect copies may well devastate the music, movie and publishing industries. The content industries want to protect themselves with anti-copying technology, backed by stronger laws. So far, they have been at loggerheads with technology firms about how to implement such schemes (see article). But a deal between Hollywood and Silicon Valley is likely eventually. Critics are right to fear that, when such a deal is struck, it will be in the interests of big firms, not the public.

    A grand new bargain
    The alternative is to return to the original purpose of copyright, something no national legislature has yet been willing to do. Copyright was originally the grant of a temporary government-supported monopoly on copying a work, not a property right. Its sole purpose was to encourage the circulation of ideas by giving creators and publishers a short-term incentive to disseminate their work. Over the past 50 years, as a result of heavy lobbying by content industries, copyright has grown to such ludicrous proportions that it now often inhibits rather than promotes the circulation of ideas, leaving thousands of old movies, records and books languishing behind a legal barrier. Starting from scratch today, no rational, disinterested lawmaker would agree to copyrights that extend to 70 years after an author’s death, now the norm in the developed world.

    Digital technologies are not only making it easier to copy all sorts of works, but also sharply reducing the costs of creating or distributing them, and so also reducing the required incentives. The flood of free content on the internet has shown that most creators do not need incentives that stretch across generations. To reward those who can attract a paying audience, and the firms that support them, much shorter copyrights would be enough. The 14-year term of the original 18th-centur

    --
    The extreme centre is the paper's historical position. --Geoffrey Crowther
  9. Re:Fool! by Anonymous Coward · · Score: 3, Funny

    How dare you contemplate contaminating the holy waters of Europa! We will exterminate your civilization!

  10. I get the point, but can't resist by Headcase88 · · Score: 2, Funny

    "This just in, an anonymous person has just donated $37 billion to the Bill and Melinda Gates foundation. Our analysts are stumped as to who it could be" :D

    --
    "When the atomic bomb goes off there's devastation...but when the atomic bong goes off there's celebraaaaation!"
  11. In light of recent events by mkiwi · · Score: 4, Funny
    In light of recent positive karma-related events, I propose we change the Slashdot Microsoft Icon from "Bill Gates as a Borg" to "Steven Balmer Throwing a Chair."

    You heard it here first.

  12. In other news... by Gentlewhisper · · Score: 5, Funny

    Bill Gates liquidates all assets of Melinda & Gates Foundation and vanishes into thin air as the World's richest & second richest man...

  13. Re:Fool! by kavau · · Score: 4, Funny

    Or even better - pay off roughly 0.5% of the U.S. national debt!

  14. Re:Before anyone asks... by cgenman · · Score: 5, Funny

    Don't you know who our President is?

    A working class man who started out with nothing in life but two strong hands and a brain, and now has to make due with just the hands.

  15. Re:You failed ECON101. by MrCawfee · · Score: 2, Funny

    Have you ever read about how well such societies tend to do historically?


    Well in the past maybe, but i watch star trek, it works fine there.
  16. Re:Before anyone asks... by StikyPad · · Score: 4, Funny

    He's only 23, give him some time.

  17. Re:Just One Problem by wallitron · · Score: 2, Funny

    Maybe they should run a competition, and put Golden Tickets into chocolate bar rappers?

  18. Re:Before anyone asks... by Fred_A · · Score: 4, Funny
    I can think of no other human being who has/is going to change the world in such a positive way as Bill Gates.
    What ? How about Ug son of Ug who invented making fire 42 thousand years ago ?
    --

    May contain traces of nut.
    Made from the freshest electrons.
  19. Re:Before anyone asks... by Dantoo · · Score: 2, Funny


    They both should get the Nobel prize for this kind of philantrophy..........

  20. Re:Before anyone asks... by dusik · · Score: 4, Funny

    >> "...Who is going to really remember Microsoft and their business practices 50 years from now if the Gates' money finds a cure for malaria, AIDS, or even better...Alzheimers, diabetes, or the flu?"

    No, if they find a cure for Alzheimers then surely the public *will* remember! ;)