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Gates

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Buffett: Gates-Epstein ties distasteful, but friendship endures amid donation shift
business1 month ago

Buffett: Gates-Epstein ties distasteful, but friendship endures amid donation shift

Warren Buffett described Bill Gates’ relationship with Jeffrey Epstein as 'distasteful' but said he has erred in choosing friends; Berkshire Hathaway halted donations to Gates’ foundation for the first time in 20 years and redirected his remaining stock to Gates’ family foundations after Gates testified to Congress about Epstein. Gates said he introduced Epstein to raise funds for global health and regrets meeting him, while reaffirming his long friendship with Buffett; the Gates Foundation remains financially strong with substantial ongoing giving and impact.

via BBC|
#berkshire-hathaway#buffett#business
Gates Signals Frame-Mounted CVT for Non-Electric Bikes in Patent
technology1 month ago

Gates Signals Frame-Mounted CVT for Non-Electric Bikes in Patent

Gates published a patent for a frame-mounted mechanical CVT for bicycles (not e-bikes) that uses two tapered-pulley pairs and a belt, with a small motor adjusting pulley spacing to vary gear ratios. The design includes an overdrive stage to raise crank RPM (intended to improve CVT reliability and longevity), followed by the CVT and a planetary gearset to drive the rear wheel, aiming to improve weight distribution for MTB handling. While it suggests a full Gates drivetrain, the overall crank-to-wheel efficiency is uncertain and likely less than a derailleur, and Gates has not announced production plans.

via Pinkbike|
#bicycle#cvt#drivetrain
Gates says Epstein plotted to blackmail him over affairs, but no blackmail material surfaced
politics2 months ago

Gates says Epstein plotted to blackmail him over affairs, but no blackmail material surfaced

Bill Gates told the House Oversight Committee in a closed-door session that Jeffrey Epstein sought to blackmail him by using knowledge of Gates’s extramarital affairs, with Epstein reportedly drafting ideas in emails but never sending anything that Gates would call blackmail. Gates stressed he was not blackmailed and described his relationship with Epstein as a mistake, while noting Epstein’s ability to raise funds for global health influenced his involvement and that he did not fully know the details of Epstein’s crimes.

via The Guardian|
#blackmail#congressional-testimony#epstein
Epstein Files Unveil Ties Between Power Players and the Disgraced Financier
world6 months ago

Epstein Files Unveil Ties Between Power Players and the Disgraced Financier

The latest Epstein-files release by the US government comprises millions of pages, images, and videos detailing emails and interactions with high-profile figures such as Elon Musk, Bill Gates, Donald Trump, and Richard Branson. Officials stress that being named in the documents does not imply wrongdoing, and many named individuals have denied any misconduct; the release follows the Epstein Files Transparency Act. The batch also touches on investigations or inquiries involving others, including Lord Mandelson, highlighting the broader effort to disclose Epstein-related material.

via BBC|
#epstein#epstein-files#gates