Paul Stenhouse: Bill Gates' plan to donate fortune by 2045, Fortnite's attempting to get back on the apple store

Saturday Morning with Jack Tame

Bill Gates will go broke to make the earth better

The Microsoft founder says he plans to give away 99% of his vast fortune over the next 20 years. In a blog post, he wrote that he will not die rich. He cited Andrew Carnegie’s line: “The man who dies thus rich dies disgraced.”

His foundation will close its doors permanently on December 31st, 2045. Before that it will be spending down its endowment, as well as almost all of Gates’s remaining personal fortune.

The Gates Foundation has spent $100 billion towards its health and development mission and plans to spend another $200 billion. The foundation is credited with eradicating Polo from Africa. Today, wild polio is found only in Afghanistan and Pakistan. It's helped reduce childhood deaths from 10 million a year, to five million a year.
The goals for the next 20 years:

• No mum, child or baby dies of a preventable cause.
• The next generation grows up in a world without deadly infectious disease.
• Bring hundreds of millions of additional people out of poverty and put more countries on a path to prosperity.

Fortnite is trying to get back on the Apple App Store

But will Apple allow it? It's submitted the app for Apple's review over four years after it was pulled.

Epic Games has made a peace offering with Apple that if the company complies with the court's recent ruling to end the "Apple Tax", it will drop its litigation.

The Apple Tax has forced app developers to use the App Store's payments system, and only the App Stores payment system, which then takes up to 30% of the revenue. Developers couldn't even link to a website on the signup page which would allow off-platform account creation and payment. Epic challenged Apple on this, with the court ruling it a monopoly. No surprise, Apple disagrees with the decision. Why? Because billions of dollars are at stake. Apple's lawyers wrote, "A federal court cannot force Apple to permanently give away free access to its products and services, including intellectual property”.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.