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Capital Calls: Bill Gates under yet another spotlight


By Reuters Staff
(The author is a Reuters Breakingviews columnist. The opinions expressed are their own.)
Bill Gates, co-chair of the Bill & Melinda Gates Foundation, attends a news conference in Tokyo, November 9, 2018. REUTERS/Toru Hanai
NEW YORK (Reuters Breakingviews) - Concise insights on global finance.
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FLOOD GATES OPEN. Rich guy and Microsoft founder Bill Gates is, as the world knows, getting divorced. Since the announcement of the split, Gates has come under fresh scrutiny here, including over his contacts with convicted sex offender Jeffrey Epstein and a prior consensual relationship with a Microsoft employee. An investigation years later into the latter by Microsoft’s board coincided with Gates’ resignation as a director in 2020, according to the Wall Street Journal.  ....

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Bike sharing shifts into a more manageable gear


4 Min Read
HONG KONG (Reuters Breakingviews) - Bike-sharing companies are back in the saddle after a brutal wipe-out. Survivors are now pedalling their way onto public markets in a fresh test of investor endurance.
A man rides a bicycle of bike-sharing firm Hellobike amid Hellobike bicycles placed on a plaza a day ahead of the World Car Free Day, in Zhengzhou, Henan province, China September 21, 2018. Picture taken September 21, 2018. REUTERS/Stringer
China invented so-called “dockless” shared bicycles: hardy vehicles unlocked by smartphone and left anywhere for the next user. Mobike and Ofo spawned dozens of imitators at home and abroad. A price war ensued, while bike-strewn sidewalks irritated municipal officials, who cracked down. The collapse was brutal: Ofo had raised $2.2 billion, per Crunchbase, before it failed. ....

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