EditorsAbout the SiteComes vs. MicrosoftUsing This Web SiteSite ArchivesCredibility IndexOOXMLOpenDocumentPatentsNovellNews DigestSite NewsRSS

06.21.10

Gates Foundation Keeps Increasing Investments in BP, Super-Patent Troll Nathan Myhrvold Joins the Feast

Posted in Bill Gates, Finance, Microsoft, Patents at 6:59 pm by Dr. Roy Schestowitz

BP glass

Summary: Nathan Myhrvold and Bill Gates make money from the world’s energy (where the big money is), not just a software monopoly; we take a deeper look at their extensive use of patents

SOME of the more distasteful activities of the Gates Foundation revolve around energy. That’s where Bill Gates really makes a killing. We explained this many times before, but for those who are new to it, the short story is that Gates is making money while lobbying for nuclear energy that he and his unethical friend Nathan Myhrvold have patents on. In essence, the goal is to pass taxpayers’ money to the pockets of Bill and his circle of rich friends.

The following new article mentions quite clearly the involvement of Nathan Myhrvold, whose role has not been all that apparent thus far.

The company is already backed by two software magnates, Bill Gates, the founder of Microsoft, and Nathan Myhrvold, who was Microsoft’s chief technology officer. TerraPower would not say how much of the $35 million came from Charles River and Khosla, or who the other investors were. Prior to this investment, the company said, it had raised “tens of millions” of dollars.

This is also mentioned in some other publications [1, 2] and from Reuters we have the following overview:

* Gates, Charles River Ventures, Khosla Ventures investors

* Investor says co. attracting interest from other players

* TerraPower aims to have test reactor in few years (Adds comments by Intellectual Ventures’ Nathan Myhrvold)

That’s the same thing Gates has been lobbying for in various events. Nathan Myhrvold, Microsoft's patent troll, is part of it too, not just Bill Gates who increases the investment in the very same company he lobbies the government for and promotes in public events (clearly not out of “goodwill” as much as self gain).

“Bill Gates hikes investment in nuclear-reactor firm,” says this report.

Bellevue, Wash.-based TerraPower said in a statement Wednesday that in addition to Gates, other prior investors contributing to the new funding round include former Microsoft Nathan Myhrvold.

Myhrvold now heads Intellectual Ventures, an intellectual property investment firm that spawned TerraPower in 2007.

It is worth mentioning that the Myhrvold-Gates pairing is rather common. Myhrvold is the world’s largest patent troll and he also has patents/investments in some of those pharmaceutical companies that Gates is promoting (while he invests in them too). It’s all about patents, i.e. monopolies. Let’s look at some examples from last week.

Here is the “Children’s Hospital” spin/lipstick [1, 2] being put on an actual investment in vaccination.

Our first challenge was to ensure that all the people who were eligible for the drugs got what they needed. There were issues around the delivery and how to finance it. The drug itself is donated, but to circulate it to every sufferer involves a lot of extra cost. Initially we received donations from the UK’s Department for International Development (Dfid), then from the Bill & Melinda Gates Foundation. And then we started to receive funds from the Tanzanian government, which is now our main source of funding.

A closer look at the press release shows that there may be patents involved. In other words, someone gains a monopoly here. It’s not exactly all about the children, or maybe it’s a bit of both.

Here is Gates’ exploration for more drugs [1, 2] and more news about Argentina getting Gates' vaccination treatment (there are again patents and pharmaceutical giants whose shareholders — Gates included — will gain).

This conflict of interests might not be as desired as it a coincidental one and in some cases it may also be innocent [1, 2], but sometimes it’s just hard to ignore, given that medical professionals too are complaining. Many of them do not like what the Gates Foundation is doing and few of them dare to speak out about it. The problem with the Gates Foundation and its affiliates is that they monopolise research (patents) and they also control data on health, based on this new report regarding IHME:

Founded with a $105 million grant from the Gates Foundation, IHME’s mission is to bring rigorous statistical analysis to the evaluation of health programs and trends worldwide.

There is a conflict of interests here and based on the bias of Gates Foundation-funded ‘studies’, this ought to strike a nerve. There is too much power in the hands of the foundation, which is also very close to GAVI [1, 2] and WHO.

“The chief of malaria for the World Health Organization has complained that the growing dominance of malaria research by the Bill and Melinda Gates Foundation risks stifling a diversity of views among scientists and wiping out the world health agency’s policy-making function. [...] Many of the world’s leading malaria scientists are now “locked up in a ‘cartel’ with their own research funding being linked to those of others within the group,” Dr. Kochi wrote. Because “each has a vested interest to safeguard the work of the others,” he wrote, getting independent reviews of research proposals “is becoming increasingly difficult.”

“Gates Foundation’s Influence Criticized,” in New York Times, February 2008

Here is some more news about GAVI and Gates. The alignment there creates suspicion of an incestuous relationship as Gates runs an investment vehicle that also has vested interests in overly expensive drugs. The Gates Foundation is close to companies like GSK and Merck (whose senior employees flock into the foundation) and here is a new example of Merck and Microsoft getting closer [1, 2], and not for the first time, either. They help bring the poor quality and unreliability of Windows to biology too.

But anyway, going back to energy and patents, watch how Bill Gates lobbies for that same company he’s investing in (or several of them) [1, 2, 3, 4, 5]. The news goes on and on about him being so smart and generous, but rarely is his vested interest mentioned at all. He tries to convince the government to shell out some money for him to profit from. Also, it’s not as though Gates is a true proponent of nuclear energy. He seemingly promotes whatever pays well. How else can one explain Gates’ investments in BP [1, 2, 3], which continued to increase based on this new report?

Exactly how many shares of BP does the Gates Fund really own?

[...]

H/t to commenter David C. for telling me that I badly understated the BP stock holdings of the Bill & Melinda Gates Foundation which I reported first as 4 million and than revised to more than 7 million shares. Here’s where I got my original figures. But in yesterday’s NYT, Green blogger John Rudolph (“How British is BP?) reports that the Gates Fund actually owns an astonishing 43 million shares. The estimates keep climbing on par with BP’s spill estimates.

As Gates Keepers puts it, “The Foundation is a major investor in the gusher.” That’s just the latest propaganda — not saying that he lobbies for his own gain while supporting BP*. In the case of nuclear energy, he wants more money from the public, he is not donating to this cause at all. Gates Keepers also says:

Pledge? Social contract? Document? What do rich people (or poor people) need a pledge for? It has been for the last several years the norm for the very rich to give away a lot. Why the hegemon? Three billionaires’ dinner party diners decided on the 50% figure.

On the Charlie Rose show Melinda says she doesn’t care what the funds are given to. Huuh? Warren has not missed a meal or a movie because he gives most of his money away. No surprise there. Philanthropy appears to be enriching the Gates’ relationship. Good for them. Bill says: “there’s a broad set of things that would never happen without philanthropy.” What arrogance! Charlie says: “This is not a billionaire’s club”. It sure looks like it – no one else is invited.

See if you can find Charlie Rose with the Gates and Warren http://www.charlierose.com/ or http://bit.ly/w12m.

This short complaint refers to the typical glorification from the national press, which receives less-than-flattering comments from the public [1, 2]. Despite more PR from the mainstream media, both for Buffett [1, 2, 3, 4, 5] and for Gates [1, 2, 3, 4, 5, 6, 7, 8, 9], not everyone is gullible enough. One person opines that “Gates now runs an investment company in the guise of a charity.”

“World’s Most Generous People” was the headline from the business press. Well, the people they name hardly feel the giveaway (a fraction of the money, which otherwise they would pay in state tax anyway, so essentially they give away taxpayers’ money). Who are they kidding? The same PR charade has Slim joining to receive a lot of press coverage [1, 2, 3, 4, 5, 6, 7] along with Gates. There is also this piece about Benioff and Gates’ illusion of being humble while his father compares this work to that of Rockefeller. At least they are being honest about exploiting people and then pulling the same trick as other robber barons:

Bill Gates Sr. believes that a charitable foundation should be set up to run forever — in “perpetuity.” He points to the success of the foundation created by John D. Rockefeller Sr. in the early 1900s.

Rockefeller’s work is nothing to be proud of. It’s a story of someone who looted the public and later gave a fraction of this money to get people off his back. Both the Rockefeller Foundation and the Gates Foundation are currently bringing US patents to Africa, in order for the population there to be more dependent (enslaved). They call it “Green Revolution” and it’s GMO.

Someone has just mailed us a link to this new 3-part post about the Gates Foundation and how its goals relate to Rockefeller’s. We do not know if this particular site is reliable, but it begins as follows:

Like many of the world’s richest businessmen Bill Gates believes in a special form of democracy, otherwise known as plutocracy, that is, “socialism for the rich and capitalism for the poor”. Following in the footsteps of the robber barons, like John D. Rockefeller and Andrew Carnegie, who founded two of America’s most influential liberal foundations (e.g. the Rockefeller Foundation and the Carnegie Corporation), Gates, like most capitalists, relies upon the government to help regulate and protect his business interests from competition, but is less keen on the idea of a government that acts to redistribute wealth to the wider populous. Dean Baker surmises this idea when he writes that Bill Gates is after all “one of the heroes of the conservative nanny state.” In the minds of such massively powerful would-be capitalists, the State is merely a tool to be harnessed for profit maximization, and they themselves, the ones who have acquired their wealth by exploiting and manipulating the economic system then take it upon their own shoulders to help relieve global inequality and escalating poverty – the modern day’s white man’s burden. As one might expect, the definitions of the appropriate solutions to the capitalist-driven inequality that are generated by the world’s most successful capitalists neglect to seriously challenge the primary driver of global poverty, capitalism. For the most part the incompatibility of democracy and capitalism remains anathema to all, instead liberal philanthropists industriously fund all manner of ‘solutions’ that help provide a much needed outlet valve for rising resistance and dissent, while still enabling business-as-usual, albeit with a band-aid stuck over some of the most glaring inequities.

Tomorrow we are going to cover Gates’ and Microsoft’s latest subversion of the education system. There is no real separation between those two.

Gates Foundation logo

* There are also new Microsoft connections to the oil and gas industry.

Share this post: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • del.icio.us
  • Reddit
  • co.mments
  • DZone
  • email
  • Google Bookmarks
  • LinkedIn
  • NewsVine
  • Print
  • Technorati
  • TwitThis
  • Facebook

If you liked this post, consider subscribing to the RSS feed or join us now at the IRC channels.

Pages that cross-reference this one

What Else is New


  1. Protectionism v Sharing: How the US Supreme Court Decides Patent Cases

    As the US Supreme Court (SCOTUS) starts delivering some decisions we take stock of what's to come regarding patents



  2. Links 22/3/2017: GNOME 3.24, Wine-Staging 2.4 Released

    Links for the day



  3. The Battistelli Regime, With Its Endless Scandals, Threatens to Crash the Unitary Patent (UPC), Stakeholders Concerned

    The disdain and the growing impatience have become a huge liability not just to Battistelli but to the European Patent Office (EPO) as a whole



  4. The Photos the EPO Absolutely Doesn't Want the Public to See: Battistelli is Building a Palace Using Stakeholders' Money

    The Office is scrambling to hide evidence of its out-of-control spendings, which will leave the EPO out of money when the backlog is eliminated by many erroneous grants (or rejections)



  5. In the US Patent System, Evolved Tricks for Bypassing Invalidations of Software Patents and Getting Them Granted by the USPTO

    A roundup of news about patents in the US and how the patent microcosm attempts to patent software in spite of Alice (high-impact SCOTUS decision from 2014)



  6. “Then They Came For Me—And There Was No One Left To Speak For Me.”

    The decreasing number of people who cover EPO scandals (partly due to fear, or Battistelli's notorious "reign of terror") and a cause for hope, as well as a call for help



  7. As Expected, the Patent Microcosm is Already Interfering, Lobbying and Influencing Supreme Court Justices

    The US Supreme Court (SCOTUS) is preparing to deliver some important decisions on cases with broad ramifications, e.g. for patent scope, and those who make money from patent feuds are attempting to alter the outcome (which would likely restrict patent scope even further, based on these Justices' track record)



  8. Intellectual Ventures -- Like Microsoft (Which It Came From) -- Spreads Patents to Manifest a Lot of Lawsuits

    That worrisome strategy which is passage of patents to active (legally-aggressive) trolls seems to be a commonality, seen across both Microsoft and its biggest ally among trolls, which Microsoft and Bill Gates helped create and still fund



  9. What the Patent Microcosm is Saying About the EPO and the UPC

    Response to 3 law firms and today's output from them, which serves to inform or misinform the European public at times of Big Lies and fog of (patent) war, revealing the true nature of 21st century asymmetric patent warfare and lobbying



  10. Tough Day for the EPO's Media/Press/PR Team, Trying 'Damage Control' After Important Techrights Publications

    In an effort to save face and regain a sense of legitimacy the EPO publishes various things belatedly, and only after Techrights made these things publicly known and widely discussed



  11. Links 21/3/2017: PyPy Releases, Radeon RX Vega, Eileen Evans at Linux Foundation

    Links for the day



  12. In IAM, Asian Courts That Deliver Justice Are “Unfriendly” and Asian Patent Trolls Are Desirable

    Rebuttal or response to the latest pieces from IAM, which keeps promoting a culture of litigation rather than sharing, collaboration, negotiation, and open innovation



  13. At EPO “I Have the Feeling That Lowering Quality is Part of a Concerted Plan.”

    Growing concern about patent quality at the EPO -- a subject which causes managers to get rather nervous -- is now an issue at the forefront



  14. EPO Reduces the World to Just Seven Nations to Bolster an Illusion of Growing 'Demand' for European Patents

    The unscientific -- if not antiscientific -- attitude of the European Patent Office (EPO) continues to show with the arrival of yet more misleading 'infographics' (disinfographics would be a more suitable term)



  15. Letter to Angela Merkel Expresses Concerns About Impact of EPO Scandals on Germany and Its Image

    Dr. Angela Merkel, arguably the most powerful woman in the world, is being warned about the consequences of Germany ignoring (and hence facilitating) the abuses of Benoît Battistelli



  16. EPO Caricature: Low Patent Quality Not an Achievement

    A new cartoon about the legacy of Battistelli, which ruins both inventors and staff (examination) while handing money to abusers



  17. Are Lithuania and Latvia the Latest Additions to the List of Benoît Battistelli's Vassal States?

    Benoît Battistelli's 'back room' deals came at an interesting, strategic time and the Office uncharacteristically kept quiet about these



  18. Links 20/3/2017: Linux 4.11 RC3, OpenSSH 7.5 Released

    Links for the day



  19. Supposedly 'Pampered' Prisoners Are Still Prisoners of the EPO

    Response to those gross and familiar attempts to portray patent examiners, not politicians who trample all over them, as the cause of all the problems at the EPO



  20. Insulting Reversal of Narratives at the EPO: Team Battistelli as the Victim

    At times of great oppression against staff, in clear defiance of the law in fact, journalists are being asked (or expected) to view the oppressor as the victim, even when this oppressor drives people to suicide



  21. Battistelli's EPO Copies China -- Not the US -- When it Comes to Patenting Software and Expanding Patent Scope

    A detailed explanation of some of the latest reports from China and the US, serving to show that one opens up to software patents whereas the other shuts the door on them (and guess whose lead the EPO is taking)



  22. What IAM Says About AST, RPX, Ericsson, and IBM

    IAM, the trolls' mouthpiece (also the EPO's mouthpiece, but that's another story), provides updates on trolls and troll-like entities, but further commentary is needed to clarify and counterbalance the promotional language



  23. Apple and Microsoft, Two Patent Aggressors That Habitually Attack GNU/Linux Distributors, Get Sued by a Patent Troll, Soverain IP

    Putting in perspective the latest high-profile (in the press at least) lawsuits filed by a notorious troll, which this time around chose as its targets two patent aggressors that deserve no sympathy because of their own actions



  24. What's OIN Doing While Microsoft is Siccing Patent Trolls on Azure Competitors' Customers?

    Microsoft's patent litigation strategy has become clearer, and patents-centric efforts such as OIN offer no defence against such a strategy, which attempts to pressure everyone to flock to Microsoft for 'protection' (from Microsoft itself)



  25. “EPO Continues to Grant Software Patents”

    The longstanding concern about the granting of software patents at the EPO (typically disguised as a "device") as reinforced by T 0625/11



  26. Links 19/3/2017: Linux Sightings, What's Wrong With Microsoft, and Death of Docker

    Links for the day



  27. Governance Crisis at EPO Deepens After Latest Meeting of the Administrative Council, Necessitating Urgent Outside Intervention

    he EPO's Administrative Council continues to be subservient to -- and without any authority over -- Team Battistelli with its endless mischief and endless power grab, including unbridled money grab



  28. EPO Management Deeply Concerned That the Public Has Found Out Quality of European Patents (EPs) Nosedived Under Battistelli's Regime

    Growing pressure on the EPO's management to acknowledge that quality control has gone totally out of control as stakeholders already grasp the obvious and act accordingly, turning to other patent offices, such as their national ones (NPOs)



  29. European Directives and Boards of Appeal Desperately Needed to Keep EPO Patent Scope in Check

    Battistelli's notorious reign of terror has caused patents to be granted that are bogus and no longer valid (if/once challenged); moreover, it prevents legal firms from lashing out at him publicly while bogus patents continue to pile up, diminishing confidence in European patents (EPs)



  30. Letter From European Public Services Organisation (IPSO) to Angela Merkel and Heiko Maas Regarding EPO Union-Busting Catastrophe

    The latest attempt of many to reach the ears of the ever-so-deaf Heiko Maas (whose silence on the matter seems to be akin to complicity with Battistelli and the UPC), in addition to the top German official, who -- to the best of our knowledge -- was never before contacted regarding the European Patent Office (EPO)


CoPilotCo

RSS 64x64RSS Feed: subscribe to the RSS feed for regular updates

Home iconSite Wiki: You can improve this site by helping the extension of the site's content

Home iconSite Home: Background about the site and some key features in the front page

Chat iconIRC Channel: Come and chat with us in real time

CoPilotCo

Recent Posts