Microsoft company's shares reach its highest value since December 1999. In 2018, Microsoft surpassed Apple as the most valuable publicly traded company in the world after being dethroned by the tech giant in 2010. Childhood friends Bill Gates and Paul Allen sought to make a business utilizing their shared skills in computer programming. In 1972 they founded their first company, named Traf-O-Data, which sold a rudimentary computer to track and analyze automobile traffic data. While Gates enrolled at Harvard, Allen pursued a degree in computer science at Washington State University, though he later dropped out of school to work at Honeywell.
University of Cambridge of Cambridge's income comes from UK government funding for teaching and research, with another third coming from other research grants. Endowment income contributes around £130 million. The university also receives a significant income in annual transfers from the Cambridge University Press. In 2000, Bill Gates of Microsoft donated US$210 million through the Bill and Melinda Gates Foundation to endow the Gates Scholarships for students from outside the UK seeking postgraduate study at Cambridge. In the year ended 31 July 2013 the university had a total income of £1.44 billion, of which £332 million was from research grants and contracts. The