Friday, June 16, 2006
REDMOND, Wash.--Bill Gates leaves some pretty big shoes to fill.
Think of Ray Ozzie as the left shoe and Craig Mundie as the right one.
As Gates announced his plans Thursday to begin the process that will see him eventually cease full-time work at Microsoft, he also announced that he was dividing much of his technical leadership responsibility among the two software veterans, both of whom have been serving as chief technical officers. [read more]
N.Y. OKs $1.6B in Bonds for 3 WTC Towers
NEW YORK -- A state agency on Wednesday approved using $1.6 billion in tax-exempt bonds to build three office towers at the World Trade Center site.
The Empire State Development Corp. approved use of the Liberty Bonds for towers that are under private developer Larry Silverstein's control. Silverstein retained control of those towers after his lease was renegotiated earlier this year. [read more]