Monday, June 26, 2006

Three for Monday - Buffett, MIT, and Dell

In case you haven't already seen this story plastered everywhere, Warren Buffett is giving the majority of his wealth to the Gates Foundation. On tonight's Charlie Rose Show on PBS, Buffett and Bill and Melinda Gates will discuss the contribution.

The rest of Buffett's donation will go to various other charities. According to the New York Times, an additional $6 billion will be divided among "the Susan Thompson Buffett Foundation, which is named after Mr. Buffett's wife and emphasizes family planning, abortion rights and anti-nuclear proliferation issues; the Howard G. Buffett Foundation, which is named after and run by one of Mr. Buffett's two sons and focuses on environmental and conservation issues; the Susan A. Buffett Foundation, which is named after and run by Mr. Buffett's daughter and supports educational opportunities for low-income children; and the NoVo Foundation, which is run by Mr. Buffett's other son, Peter Buffett, and has focused on education and human rights."
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According to this article, researchers at MIT feel they've discovered something that will both make traditional batteries obsolete and also make an all-electric car practical. It's a capacitor that can be recharged hundreds of thousands of times and the recharging process only takes about the time it takes to fill a car's gas tank.
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Michael Dell is holding a teleconference this Wednesday (June 28) to announce a new recycling policy for Dell products that is supposed to "raise the bar" for the industry. Dell will also discuss the company's Producer Responsibility policy during the teleconference.

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