$ cat ./records/microsoft-invests-150-million-to-rescue-a-struggling-apple-1997.txt
Microsoft invests $150 million to rescue a struggling Apple
[RECORD.TXT] · cat --full
On August 6, 1997, at the Macworld Expo in Boston, a struggling Apple announced that rival Microsoft would invest $150 million in the company and keep developing Microsoft Office for the Mac. Steve Jobs, newly back at Apple, unveiled the deal as a smiling Bill Gates appeared on a giant screen via satellite — to audible boos from some Apple loyalists. The agreement, which also settled patent disputes and made Internet Explorer the Mac's default browser, helped keep Apple afloat at a low point, a striking truce between the two tech icons.
Source: https://appleinsider.com/articles/18/08/06/august-6-1997----the-day-apple-and-microsoft-made-peace
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Related Accomplishments
2026
Gates Foundation Trust Sells Off the Last of Its Microsoft Stock
In the first quarter of 2026, the Bill & Melinda Gates Foundation Trust sold its remaining Microsoft shares, fully exiting a position in the very company that created Gates's fortune — capping a long, deliberate diversification away from the stock. The endowment that funds Gates's philanthropy, managed separately from its grant-making through Cascade, is now anchored instead by Berkshire Hathaway, Waste Management, railroads, and heavy-equipment makers. The sale underscored how thoroughly Gates's giving had decoupled from Microsoft's day-to-day fortunes.
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